Superior Group of Companies (SGC) to Release Quarterly Earnings on Wednesday

Superior Group of Companies (NASDAQ:SGC) is set to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Superior Group of Companies (NASDAQ:SGC) last issued its quarterly earnings results on Tuesday, August 6th. The textile maker reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.06). Superior Group of Companies had a return on equity of 5.63% and a net margin of 2.02%. The business had revenue of $131.74 million for the quarter, compared to analysts’ expectations of $136.60 million. During the same quarter in the previous year, the firm posted $0.08 EPS. On average, analysts expect Superior Group of Companies to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Superior Group of Companies Stock Up 1.3 %

Shares of SGC stock traded up $0.20 during trading hours on Tuesday, reaching $15.36. 2,262 shares of the company’s stock were exchanged, compared to its average volume of 93,360. Superior Group of Companies has a 1 year low of $8.15 and a 1 year high of $21.80. The stock has a market cap of $257.65 million, a PE ratio of 21.97, a PEG ratio of 2.04 and a beta of 1.42. The company has a current ratio of 2.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.36. The stock’s fifty day moving average price is $14.92 and its two-hundred day moving average price is $17.06.

Insider Transactions at Superior Group of Companies

In other news, insider Jake Himelstein acquired 2,000 shares of Superior Group of Companies stock in a transaction that occurred on Wednesday, August 14th. The stock was purchased at an average cost of $13.00 per share, with a total value of $26,000.00. Following the purchase, the insider now owns 40,825 shares in the company, valued at $530,725. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Loreen M. Spencer bought 3,500 shares of the company’s stock in a transaction on Wednesday, August 14th. The stock was bought at an average cost of $13.20 per share, for a total transaction of $46,200.00. Following the acquisition, the director now directly owns 7,266 shares in the company, valued at $95,911.20. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jake Himelstein bought 2,000 shares of the company’s stock in a transaction on Wednesday, August 14th. The stock was bought at an average price of $13.00 per share, with a total value of $26,000.00. Following the completion of the acquisition, the insider now owns 40,825 shares in the company, valued at $530,725. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 15,500 shares of company stock valued at $206,700 in the last three months. 27.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Barrington Research dropped their target price on Superior Group of Companies from $22.00 to $20.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 21st. DA Davidson restated a “buy” rating and issued a $24.00 price objective on shares of Superior Group of Companies in a research report on Tuesday, October 8th. Finally, StockNews.com downgraded Superior Group of Companies from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 8th.

About Superior Group of Companies

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.