Sidoti Has Pessimistic Outlook of SGC FY2027 Earnings

Superior Group of Companies, Inc. (NASDAQ:SGC) – Equities research analysts at Sidoti decreased their FY2027 EPS estimates for Superior Group of Companies in a research note issued on Thursday, September 17th. Sidoti analyst J. Sidoti now anticipates that the textile maker will post earnings of $0.89 per share for the year, down from their previous forecast of $1.12. The consensus estimate for Superior Group of Companies’ current full-year earnings is $0.64 per share.

SGC has been the subject of a number of other research reports. DA Davidson increased their price target on Superior Group of Companies from $15.00 to $18.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Wall Street Zen downgraded Superior Group of Companies from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 14th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Superior Group of Companies in a research note on Thursday, August 27th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Superior Group of Companies presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

Superior Group of Companies Stock Up 2.3%

SGC opened at $12.62 on Monday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.76 and a current ratio of 2.60. Superior Group of Companies has a fifty-two week low of $8.30 and a fifty-two week high of $14.59. The firm’s fifty day moving average is $12.74 and its 200 day moving average is $12.09. The stock has a market cap of $201.16 million, a price-to-earnings ratio of 22.95, a price-to-earnings-growth ratio of 1.93 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 for the quarter, topping analysts’ consensus estimates of $0.10 by $0.11. The business had revenue of $147.84 million during the quarter, compared to analyst estimates of $142.87 million. Superior Group of Companies had a net margin of 1.44% and a return on equity of 5.29%. Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS.

Hedge Funds Weigh In On Superior Group of Companies

Several institutional investors have recently bought and sold shares of SGC. Bank of New York Mellon Corp purchased a new stake in shares of Superior Group of Companies in the second quarter worth approximately $1,344,000. North Star Investment Management Corp. boosted its holdings in Superior Group of Companies by 8.6% during the 1st quarter. North Star Investment Management Corp. now owns 537,475 shares of the textile maker’s stock valued at $5,461,000 after acquiring an additional 42,500 shares during the period. NewEdge Advisors LLC bought a new position in Superior Group of Companies in the 2nd quarter valued at $206,000. Bank of America Corp DE grew its position in Superior Group of Companies by 18.7% in the 1st quarter. Bank of America Corp DE now owns 29,959 shares of the textile maker’s stock valued at $304,000 after acquiring an additional 4,712 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in Superior Group of Companies in the second quarter worth $61,000. 33.75% of the stock is owned by hedge funds and other institutional investors.

Superior Group of Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, August 14th. Superior Group of Companies’s payout ratio is 101.82%.

Superior Group of Companies Company Profile

Superior Group of Companies, Inc is a diversified services company headquartered in Seminole, Florida. The company has historically operated through businesses serving the healthcare apparel and business-process outsourcing markets.

Superior Group’s healthcare apparel operations have provided uniforms, scrubs, lab coats, and related garments and accessories for healthcare professionals and institutions. Its brands have included Fashion Seal Healthcare and other specialty apparel offerings.