Superior Group of Companies (NASDAQ:SGC) Stock Crosses Above 200-Day Moving Average – Here’s Why

Shares of Superior Group of Companies, Inc. (NASDAQ:SGC) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $11.73 and traded as high as $12.80. Superior Group of Companies shares last traded at $12.63, with a volume of 19,544 shares.

Analyst Upgrades and Downgrades

SGC has been the subject of several recent analyst reports. Wall Street Zen upgraded Superior Group of Companies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. DA Davidson lifted their target price on Superior Group of Companies from $15.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Finally, Weiss Ratings upgraded Superior Group of Companies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Superior Group of Companies has an average rating of “Moderate Buy” and an average price target of $18.00.

Superior Group of Companies Price Performance

The company has a debt-to-equity ratio of 0.39, a current ratio of 2.60 and a quick ratio of 1.76. The business’s 50-day moving average price is $13.04 and its two-hundred day moving average price is $11.73. The firm has a market cap of $201.39 million, a price-to-earnings ratio of 22.96, a P/E/G ratio of 1.97 and a beta of 1.45.

Superior Group of Companies (NASDAQ:SGC) last posted its quarterly earnings results on Tuesday, August 4th. The textile maker reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.11. Superior Group of Companies had a net margin of 1.44% and a return on equity of 5.29%. The firm had revenue of $147.84 million for the quarter, compared to analysts’ expectations of $142.87 million. Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS. On average, research analysts forecast that Superior Group of Companies, Inc. will post 0.64 EPS for the current fiscal year.

Superior Group of Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a $0.14 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.56 annualized dividend and a dividend yield of 4.4%. Superior Group of Companies’s dividend payout ratio (DPR) is presently 101.82%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SGC. Empowered Funds LLC boosted its stake in Superior Group of Companies by 7.5% in the first quarter. Empowered Funds LLC now owns 92,181 shares of the textile maker’s stock valued at $1,008,000 after acquiring an additional 6,416 shares during the period. Hsbc Holdings PLC boosted its holdings in shares of Superior Group of Companies by 34.6% during the second quarter. Hsbc Holdings PLC now owns 29,917 shares of the textile maker’s stock valued at $309,000 after acquiring an additional 7,684 shares during the period. Qube Research & Technologies Ltd boosted its holdings in shares of Superior Group of Companies by 21.1% during the second quarter. Qube Research & Technologies Ltd now owns 26,293 shares of the textile maker’s stock valued at $271,000 after acquiring an additional 4,589 shares during the period. Jane Street Group LLC bought a new position in Superior Group of Companies in the 2nd quarter worth about $206,000. Finally, Ameriprise Financial Inc. grew its holdings in Superior Group of Companies by 6.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 17,708 shares of the textile maker’s stock worth $182,000 after buying an additional 1,021 shares in the last quarter. 33.75% of the stock is owned by institutional investors and hedge funds.

Superior Group of Companies Company Profile

Superior Group of Companies is a global developer and manufacturer of specialty packaging materials, including films, laminations and pressure-sensitive adhesives. Founded in 1969 and headquartered in Santa Fe Springs, California, the company combines advanced printing technologies with materials science expertise to deliver customized packaging solutions for industries such as food and beverage, healthcare, personal care and household products.

Through a network of manufacturing and distribution facilities across North America, Europe and Asia, Superior Group serves both multinational brand owners and regional producers.