FY2025 Earnings Forecast for SGC Issued By Noble Financial

Key Points

• Noble Financial has increased its FY2025 earnings estimate for Superior Group of Companies to $0.39 per share, significantly up from the previous forecast of $0.26.
• Superior Group of Companies reported a Q2 earnings per share of $0.10, surpassing the consensus estimate of $0.05, with overall revenues of $144.05 million.
• The company declared a quarterly dividend of $0.14 per share, set to be paid on August 29, yielding around 4.9% annually, despite a high payout ratio of 109.80%.

Superior Group of Companies, Inc. (NASDAQ:SGC - Free Report) - Equities research analysts at Noble Financial increased their FY2025 EPS estimates for shares of Superior Group of Companies in a research note issued on Wednesday, August 6th. Noble Financial analyst M. Kupinski now forecasts that the textile maker will post earnings per share of $0.39 for the year, up from their prior forecast of $0.26. Noble Financial currently has a "Outperform" rating and a $16.00 price target on the stock. The consensus estimate for Superior Group of Companies' current full-year earnings is $0.77 per share. Noble Financial also issued estimates for Superior Group of Companies' Q4 2025 earnings at $0.12 EPS.

Superior Group of Companies (NASDAQ:SGC - Get Free Report) last released its earnings results on Tuesday, August 5th. The textile maker reported $0.10 EPS for the quarter, beating the consensus estimate of $0.05 by $0.05. Superior Group of Companies had a net margin of 1.44% and a return on equity of 4.22%. The firm had revenue of $144.05 million for the quarter, compared to analysts' expectations of $133.32 million.

SGC has been the subject of a number of other research reports. Wall Street Zen raised shares of Superior Group of Companies from a "hold" rating to a "buy" rating in a research note on Saturday. Barrington Research decreased their target price on shares of Superior Group of Companies from $18.00 to $15.00 and set an "outperform" rating for the company in a research report on Tuesday, May 13th.

Superior Group of Companies Trading Up 7.7%

Shares of Superior Group of Companies stock traded up $0.91 on Friday, reaching $12.80. 44,651 shares of the company were exchanged, compared to its average volume of 50,071. The company has a current ratio of 2.71, a quick ratio of 1.70 and a debt-to-equity ratio of 0.49. Superior Group of Companies has a fifty-two week low of $9.11 and a fifty-two week high of $18.48. The firm has a market capitalization of $204.42 million, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 2.49 and a beta of 1.45. The stock has a fifty day moving average price of $10.53 and a 200-day moving average price of $11.38.

Superior Group of Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Monday, August 18th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 4.4%. The ex-dividend date is Monday, August 18th. Superior Group of Companies's payout ratio is currently 109.80%.

Insider Transactions at Superior Group of Companies

In related news, Director Andrew D. Demott, Jr. sold 12,000 shares of the company's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $11.46, for a total value of $137,520.00. Following the completion of the transaction, the director directly owned 202,126 shares in the company, valued at approximately $2,316,363.96. This represents a 5.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 26.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Superior Group of Companies

A number of hedge funds have recently modified their holdings of SGC. Arrowstreet Capital Limited Partnership lifted its position in Superior Group of Companies by 36.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 182,888 shares of the textile maker's stock valued at $3,023,000 after purchasing an additional 49,156 shares during the period. Dimensional Fund Advisors LP increased its holdings in Superior Group of Companies by 4.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 932,310 shares of the textile maker's stock worth $15,411,000 after purchasing an additional 39,894 shares in the last quarter. Strs Ohio bought a new stake in Superior Group of Companies in the 1st quarter valued at approximately $319,000. Nuveen LLC bought a new position in Superior Group of Companies in the first quarter valued at $269,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Superior Group of Companies in the first quarter valued at about $247,000. 33.75% of the stock is owned by institutional investors and hedge funds.

Superior Group of Companies Company Profile

Superior Group of Companies, Inc manufactures and sells apparel and accessories in the United States and internationally. It operates through three segments: Branded Products, Healthcare Apparel, and Contact Centers. The Branded Products segment produces and sells customized merchandising solutions, promotional products, and branded uniform to chain retailer, food service, entertainment, technology, transportation, and other industries under BAMKO and HPI brands.