Research Analysts Issue Forecasts for SGC FY2025 Earnings

Superior Group of Companies, Inc. (NASDAQ:SGC) – Research analysts at Barrington Research issued their FY2025 earnings per share estimates for Superior Group of Companies in a research report issued on Thursday, March 13th. Barrington Research analyst K. Steinke anticipates that the textile maker will post earnings of $0.76 per share for the year. Barrington Research currently has a “Outperform” rating and a $18.00 target price on the stock. The consensus estimate for Superior Group of Companies’ current full-year earnings is $0.77 per share. Barrington Research also issued estimates for Superior Group of Companies’ FY2026 earnings at $0.94 EPS.

Superior Group of Companies (NASDAQ:SGC) last released its quarterly earnings results on Tuesday, March 11th. The textile maker reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.09). The firm had revenue of $145.41 million for the quarter, compared to the consensus estimate of $146.54 million. Superior Group of Companies had a return on equity of 6.75% and a net margin of 2.37%.

A number of other research firms have also commented on SGC. DA Davidson cut their price objective on Superior Group of Companies from $24.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, March 12th. StockNews.com lowered Superior Group of Companies from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 12th.

Superior Group of Companies Price Performance

Superior Group of Companies stock opened at $10.99 on Monday. The stock’s 50 day moving average is $14.55 and its 200 day moving average is $15.34. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.86 and a quick ratio of 1.87. The firm has a market cap of $181.09 million, a P/E ratio of 13.24, a P/E/G ratio of 1.52 and a beta of 1.55. Superior Group of Companies has a one year low of $10.90 and a one year high of $21.80.

Hedge Funds Weigh In On Superior Group of Companies

Several institutional investors have recently added to or reduced their stakes in SGC. US Bancorp DE lifted its stake in Superior Group of Companies by 148.4% in the third quarter. US Bancorp DE now owns 2,894 shares of the textile maker’s stock valued at $45,000 after buying an additional 1,729 shares during the period. MetLife Investment Management LLC grew its holdings in Superior Group of Companies by 129.1% during the third quarter. MetLife Investment Management LLC now owns 7,637 shares of the textile maker’s stock worth $118,000 after buying an additional 4,303 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in Superior Group of Companies during the third quarter worth $154,000. HighTower Advisors LLC bought a new stake in Superior Group of Companies during the third quarter worth $167,000. Finally, Mason & Associates Inc bought a new stake in Superior Group of Companies during the fourth quarter worth $181,000. 33.75% of the stock is owned by institutional investors and hedge funds.

Superior Group of Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 5.10%. The ex-dividend date of this dividend was Tuesday, February 18th. Superior Group of Companies’s dividend payout ratio (DPR) is presently 75.68%.

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.