Superior Group of Companies (NASDAQ:SGC) Stock Rating Upgraded by DA Davidson

Superior Group of Companies (NASDAQ:SGC) was upgraded by analysts at DA Davidson to a “strong-buy” rating in a report issued on Monday, Zacks reports.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Superior Group of Companies in a research report on Thursday, August 27th. Wall Street Zen raised Superior Group of Companies from a “buy” rating to a “strong-buy” rating in a research report on Saturday. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $18.00.

Superior Group of Companies Stock Performance

Shares of SGC stock opened at $13.05 on Monday. Superior Group of Companies has a one year low of $8.30 and a one year high of $14.59. The company’s 50-day moving average is $12.71 and its 200 day moving average is $12.27. The company has a market capitalization of $208.02 million, a price-to-earnings ratio of 23.73, a price-to-earnings-growth ratio of 2.03 and a beta of 1.47. 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 (NASDAQ:SGC) last issued its earnings results on Tuesday, August 4th. The textile maker reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.11. The business had revenue of $147.84 million during the quarter, compared to analysts’ expectations 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. Sell-side analysts expect that Superior Group of Companies will post 0.64 EPS for the current fiscal year.

Institutional Trading of Superior Group of Companies

A number of institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio purchased a new position in shares of Superior Group of Companies during the second quarter valued at approximately $61,000. Allspring Global Investments Holdings LLC lifted its position in Superior Group of Companies by 11.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 13,755 shares of the textile maker’s stock valued at $140,000 after purchasing an additional 1,426 shares during the period. NewEdge Advisors LLC bought a new position in Superior Group of Companies during the second quarter valued at approximately $206,000. Bank of America Corp DE boosted its holdings in Superior Group of Companies by 18.7% in the first quarter. Bank of America Corp DE now owns 29,959 shares of the textile maker’s stock worth $304,000 after purchasing an additional 4,712 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in Superior Group of Companies by 2.7% in the first quarter. Hsbc Holdings PLC now owns 34,049 shares of the textile maker’s stock worth $351,000 after purchasing an additional 898 shares during the last quarter. Hedge funds and other institutional investors own 33.75% of the company’s stock.

Superior Group of Companies Company Profile

Superior Group of Companies, Inc is a provider of branded products and business services. Through its operating companies, the company offers promotional merchandise, branded apparel and uniforms, customer-experience services, and contact-center solutions to businesses and organizations.

Its promotional-products operations, including BAMKO, help companies develop, source and distribute customized merchandise and branded programs. The company’s contact-center business, The Office Gurus, provides outsourced customer care and related support services.