Superior Group of Companies (NASDAQ:SGC) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Superior Group of Companies from “buy” to “strong-buy”, adding to a generally positive analyst tone on the stock.
• The company’s latest earnings beat expectations, posting $0.06 EPS versus the $0.02 consensus, while revenue of $140.88 million also came in above estimates.
• Despite the upgrade and earnings beat, SGC stock was down 3.6% and traded at $11.57, with analysts’ consensus still sitting at Moderate Buy and an average price target of $15.67.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a report released on Saturday.

Other research analysts have also recently issued reports about the company. DA Davidson lifted their price objective on Superior Group of Companies from $14.00 to $15.00 and gave the company a "buy" rating in a research report on Tuesday. Weiss Ratings reissued a "hold (c)" rating on shares of Superior Group of Companies in a report on Tuesday, April 21st. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $15.67.

Superior Group of Companies Stock Down 3.6%

SGC stock opened at $11.57 on Friday. Superior Group of Companies has a twelve month low of $8.30 and a twelve month high of $13.78. The company has a quick ratio of 1.76, a current ratio of 2.73 and a debt-to-equity ratio of 0.42. The stock has a market cap of $180.84 million, a P/E ratio of 20.30, a PEG ratio of 2.05 and a beta of 1.41. The business's 50-day moving average price is $10.61 and its 200-day moving average price is $10.10.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The textile maker reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.04. Superior Group of Companies had a return on equity of 4.45% and a net margin of 1.51%.The firm had revenue of $140.88 million for the quarter, compared to analysts' expectations of $138.21 million. Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS. On average, equities research analysts forecast that Superior Group of Companies will post 0.59 EPS for the current year.

Institutional Trading of Superior Group of Companies

A number of large investors have recently added to or reduced their stakes in SGC. Russell Investments Group Ltd. increased its stake in Superior Group of Companies by 55.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,263 shares of the textile maker's stock worth $46,000 after acquiring an additional 1,520 shares during the last quarter. Deutsche Bank AG purchased a new position in Superior Group of Companies during the 4th quarter valued at $65,000. Certior Financial Group LLC purchased a new position in Superior Group of Companies during the 4th quarter valued at $105,000. HB Wealth Management LLC purchased a new position in Superior Group of Companies during the 4th quarter valued at $117,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Superior Group of Companies by 9.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 12,329 shares of the textile maker's stock valued at $119,000 after acquiring an additional 1,028 shares during the period. Institutional investors own 33.75% of the company's stock.

Superior Group of Companies Company Profile

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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