Brokers Issue Forecasts for SGC FY2025 Earnings

Superior Group of Companies, Inc. (NASDAQ:SGC) – Research analysts at Barrington Research issued their FY2025 earnings estimates for Superior Group of Companies in a research note issued to investors on Thursday, March 13th. Barrington Research analyst K. Steinke forecasts that the textile maker will post earnings per share of $0.76 for the year. Barrington Research has a “Outperform” rating and a $18.00 price objective 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.

A number of other research firms have also weighed in on SGC. DA Davidson reduced their target price on Superior Group of Companies from $24.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, March 12th. StockNews.com lowered shares of Superior Group of Companies from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 12th.

Superior Group of Companies Price Performance

Shares of NASDAQ SGC opened at $11.12 on Monday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.87 and a current ratio of 2.86. Superior Group of Companies has a fifty-two week low of $10.90 and a fifty-two week high of $21.80. The stock has a market cap of $183.24 million, a PE ratio of 13.40, a price-to-earnings-growth ratio of 1.52 and a beta of 1.55. The stock has a fifty day moving average of $14.64 and a 200-day moving average of $15.36.

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

Institutional Trading of Superior Group of Companies

Several institutional investors and hedge funds have recently modified their holdings of SGC. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Superior Group of Companies by 87.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 190,878 shares of the textile maker’s stock worth $2,957,000 after acquiring an additional 89,096 shares during the last quarter. Bank of New York Mellon Corp raised its position in Superior Group of Companies by 45.9% during the fourth quarter. Bank of New York Mellon Corp now owns 178,526 shares of the textile maker’s stock valued at $2,951,000 after purchasing an additional 56,199 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Superior Group of Companies by 51.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 158,000 shares of the textile maker’s stock valued at $2,612,000 after purchasing an additional 53,492 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Superior Group of Companies by 36.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 182,888 shares of the textile maker’s stock worth $3,023,000 after purchasing an additional 49,156 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Superior Group of Companies by 4.5% in 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. Hedge funds and other institutional investors own 33.75% of the company’s stock.

Superior Group of Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were paid a $0.14 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.56 dividend on an annualized basis and a yield of 5.04%. Superior Group of Companies’s dividend payout ratio is currently 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.