Research Analysts Issue Forecasts for SGC FY2025 Earnings

Superior Group of Companies, Inc. (NASDAQ:SGC) – Investment analysts at Barrington Research issued their FY2025 earnings estimates for shares of Superior Group of Companies in a report issued on Thursday, March 13th. Barrington Research analyst K. Steinke forecasts that the textile maker will earn $0.76 per share 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.

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

A number of other analysts have also recently issued reports on the company. DA Davidson lowered their target price on Superior Group of Companies from $24.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, March 12th. StockNews.com cut 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 Stock Performance

Shares of NASDAQ:SGC opened at $10.99 on Monday. The company has a market capitalization of $181.09 million, a price-to-earnings ratio of 13.24, a P/E/G ratio of 1.52 and a beta of 1.55. The firm’s 50 day simple moving average is $14.55 and its 200 day simple 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. Superior Group of Companies has a fifty-two week low of $10.90 and a fifty-two week high of $21.80.

Institutional Investors Weigh In On Superior Group of Companies

Several hedge funds have recently added to or reduced their stakes in SGC. Two Sigma Advisers LP lifted its holdings in shares of Superior Group of Companies by 16.7% during the fourth quarter. Two Sigma Advisers LP now owns 18,900 shares of the textile maker’s stock worth $312,000 after buying an additional 2,700 shares in the last quarter. Lazard Asset Management LLC increased its position in shares of Superior Group of Companies by 32.1% in the fourth quarter. Lazard Asset Management LLC now owns 55,218 shares of the textile maker’s stock worth $912,000 after purchasing an additional 13,411 shares during the period. Focus Partners Wealth bought a new position in shares of Superior Group of Companies in the fourth quarter worth $235,000. Deutsche Bank AG increased its position in shares of Superior Group of Companies by 57.8% in the fourth quarter. Deutsche Bank AG now owns 18,112 shares of the textile maker’s stock worth $299,000 after purchasing an additional 6,635 shares during the period. Finally, Bridgeway Capital Management LLC increased its position in shares of Superior Group of Companies by 2.5% in the fourth quarter. Bridgeway Capital Management LLC now owns 167,456 shares of the textile maker’s stock worth $2,768,000 after purchasing an additional 4,128 shares during the period. Institutional investors and hedge funds own 33.75% of the company’s stock.

Superior Group of Companies Dividend Announcement

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

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.