Superior Group of Companies (NASDAQ:SGC) Stock Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• SGC shares rose above their 200-day moving average, reaching $13.55 before closing at $13.15, compared with the moving average of $11.63.
• Analyst sentiment is favorable: two analysts rate the stock a Buy and one rates it Hold, producing a consensus “Moderate Buy” rating and a $17.00 price target.
• The company beat quarterly earnings and revenue estimates, reporting $0.21 EPS and $147.84 million in revenue, while maintaining a quarterly dividend of $0.14 per share, equivalent to a 4.3% yield.

Superior Group of Companies, Inc. (NASDAQ:SGC - Get Free Report)'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.63 and traded as high as $13.55. Superior Group of Companies shares last traded at $13.15, with a volume of 52,874 shares changing hands.

Wall Street Analyst Weigh In

Several research firms have issued reports on SGC. Wall Street Zen upgraded Superior Group of Companies from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 9th. DA Davidson lifted their price target on Superior Group of Companies from $15.00 to $18.00 and gave the company a "buy" rating in a research report on Tuesday, August 4th. Finally, Weiss Ratings upgraded Superior Group of Companies from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, June 1st. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $17.00.

Superior Group of Companies Stock Down 1.6%

The company has a debt-to-equity ratio of 0.39, a current ratio of 2.60 and a quick ratio of 1.76. The company has a market cap of $209.61 million, a PE ratio of 23.91, a price-to-earnings-growth ratio of 2.09 and a beta of 1.45. The company has a fifty day moving average price of $13.10 and a 200 day moving average price of $11.63.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The textile maker reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.11. The company had revenue of $147.84 million for the quarter, compared to analysts' expectations of $142.87 million. Superior Group of Companies had a return on equity of 5.29% and a net margin of 1.44%.Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS. As a group, analysts anticipate that Superior Group of Companies, Inc. will post 0.64 EPS for the current year.

Superior Group of Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.56 annualized dividend and a dividend yield of 4.3%. Superior Group of Companies's dividend payout ratio (DPR) is presently 101.82%.

Institutional Trading of Superior Group of Companies

Several large investors have recently added to or reduced their stakes in SGC. Bank of New York Mellon Corp purchased a new position in shares of Superior Group of Companies during the 2nd quarter worth approximately $1,344,000. Bank of America Corp DE boosted its position in shares of Superior Group of Companies by 18.7% during the first quarter. Bank of America Corp DE now owns 29,959 shares of the textile maker's stock valued at $304,000 after purchasing an additional 4,712 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Superior Group of Companies by 11.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 13,755 shares of the textile maker's stock valued at $140,000 after purchasing an additional 1,426 shares in the last quarter. Hsbc Holdings PLC grew its stake in Superior Group of Companies by 2.7% in the first quarter. Hsbc Holdings PLC now owns 34,049 shares of the textile maker's stock worth $351,000 after purchasing an additional 898 shares during the period. Finally, North Star Investment Management Corp. grew its stake in Superior Group of Companies by 8.6% in the first quarter. North Star Investment Management Corp. now owns 537,475 shares of the textile maker's stock worth $5,461,000 after purchasing an additional 42,500 shares during the period. Institutional investors own 33.75% of the company's stock.

About Superior Group of Companies

Superior Group of Companies is a global developer and manufacturer of specialty packaging materials, including films, laminations and pressure-sensitive adhesives. Founded in 1969 and headquartered in Santa Fe Springs, California, the company combines advanced printing technologies with materials science expertise to deliver customized packaging solutions for industries such as food and beverage, healthcare, personal care and household products.

Through a network of manufacturing and distribution facilities across North America, Europe and Asia, Superior Group serves both multinational brand owners and regional producers.

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