Superior Group of Companies (NASDAQ:SGC) Stock Rating Upgraded by StockNews.com

Superior Group of Companies (NASDAQ:SGCGet Free Report) was upgraded by research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report issued on Monday.

Superior Group of Companies Stock Performance

Superior Group of Companies stock opened at $14.11 on Monday. The stock’s 50-day moving average is $13.57 and its 200-day moving average is $10.36. The company has a market cap of $232.90 million, a price-to-earnings ratio of 30.02, a price-to-earnings-growth ratio of 1.80 and a beta of 1.38. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.16 and a quick ratio of 1.97. Superior Group of Companies has a 12 month low of $7.14 and a 12 month high of $14.87.

Superior Group of Companies (NASDAQ:SGCGet Free Report) last posted its earnings results on Monday, November 6th. The textile maker reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. Superior Group of Companies had a return on equity of 2.22% and a net margin of 1.36%. The business had revenue of $136.13 million during the quarter, compared to analyst estimates of $135.43 million. Equities analysts anticipate that Superior Group of Companies will post 0.46 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Aegis Financial Corp lifted its holdings in shares of Superior Group of Companies by 63.7% in the 3rd quarter. Aegis Financial Corp now owns 380,287 shares of the textile maker’s stock worth $2,959,000 after purchasing an additional 147,929 shares during the last quarter. North Star Investment Management Corp. lifted its holdings in shares of Superior Group of Companies by 36.2% in the 4th quarter. North Star Investment Management Corp. now owns 390,775 shares of the textile maker’s stock worth $5,275,000 after purchasing an additional 103,920 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Superior Group of Companies by 396.4% in the 1st quarter. Renaissance Technologies LLC now owns 105,600 shares of the textile maker’s stock worth $831,000 after purchasing an additional 84,325 shares during the last quarter. Wellington Management Group LLP bought a new stake in shares of Superior Group of Companies in the 1st quarter worth approximately $1,262,000. Finally, Bank of Montreal Can bought a new stake in shares of Superior Group of Companies in the 2nd quarter worth approximately $696,000. Institutional investors own 34.61% of the company’s stock.

About Superior Group of Companies

(Get Free Report)

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 retail, hotel, food service, entertainment, technology, transportation, and other industries.

Further Reading

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