FY2025 Earnings Forecast for SGC Issued By Sidoti Csr

Superior Group of Companies, Inc. (NASDAQ:SGC) – Sidoti Csr reduced their FY2025 earnings per share (EPS) estimates for Superior Group of Companies in a note issued to investors on Wednesday, March 12th. Sidoti Csr analyst J. Sidoti now forecasts that the textile maker will post earnings per share of $0.78 for the year, down from their prior forecast of $0.97. The consensus estimate for Superior Group of Companies’ current full-year earnings is $0.77 per share.

SGC has been the subject of several other research reports. Barrington Research dropped their target price on Superior Group of Companies from $21.00 to $18.00 and set an “outperform” rating for the company in a research report on Thursday. DA Davidson lowered their price target on Superior Group of Companies from $24.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday. Finally, StockNews.com lowered Superior Group of Companies from a “strong-buy” rating to a “buy” rating in a report on Wednesday.

Superior Group of Companies Trading Up 4.7 %

Shares of NASDAQ SGC opened at $11.67 on Friday. The business’s 50 day moving average is $14.82 and its two-hundred day moving average is $15.38. 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 1-year low of $10.90 and a 1-year high of $21.80. The stock has a market capitalization of $190.70 million, a P/E ratio of 14.06, a PEG ratio of 1.52 and a beta of 1.55.

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

Hedge Funds Weigh In On Superior Group of Companies

A number of institutional investors have recently modified their holdings of the stock. US Bancorp DE grew its position in shares of Superior Group of Companies by 148.4% during the 3rd quarter. US Bancorp DE now owns 2,894 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 1,729 shares during the period. Janney Montgomery Scott LLC lifted its stake in Superior Group of Companies by 3.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 58,213 shares of the textile maker’s stock worth $902,000 after purchasing an additional 1,900 shares in the last quarter. GSA Capital Partners LLP lifted its stake in Superior Group of Companies by 44.2% in the 3rd quarter. GSA Capital Partners LLP now owns 20,098 shares of the textile maker’s stock worth $311,000 after purchasing an additional 6,158 shares in the last quarter. Empowered Funds LLC raised its position in shares of Superior Group of Companies by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 81,637 shares of the textile maker’s stock valued at $1,265,000 after buying an additional 4,154 shares during the period. Finally, MetLife Investment Management LLC raised its position in shares of Superior Group of Companies by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 7,637 shares of the textile maker’s stock valued at $118,000 after buying an additional 4,303 shares during the period. Hedge funds and other institutional investors own 33.75% of the company’s stock.

Superior Group of Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.80%. Superior Group of Companies’s payout ratio is currently 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.