Superior Industries International Inc (NYSE:SUP) – Research analysts at BWS Financial issued their Q1 2019 earnings estimates for shares of Superior Industries International in a note issued to investors on Monday, March 11th. BWS Financial analyst V. Khorsand anticipates that the auto parts company will post earnings of ($0.22) per share for the quarter. BWS Financial currently has a “Hold” rating and a $6.00 target price on the stock. BWS Financial also issued estimates for Superior Industries International’s Q2 2019 earnings at ($0.16) EPS, Q3 2019 earnings at ($0.05) EPS, Q4 2019 earnings at $0.00 EPS and FY2019 earnings at ($0.42) EPS.
A number of other equities analysts have also commented on the company. Seaport Global Securities initiated coverage on Superior Industries International in a research note on Wednesday, February 13th. They issued a “neutral” rating on the stock. ValuEngine raised Superior Industries International from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. Barrington Research set a $15.00 price target on Superior Industries International and gave the company a “buy” rating in a research note on Tuesday, March 5th. Finally, Zacks Investment Research raised Superior Industries International from a “sell” rating to a “buy” rating and set a $6.25 price target on the stock in a research note on Tuesday, January 15th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $11.85.
Superior Industries International stock opened at $5.04 on Thursday. The company has a current ratio of 2.08, a quick ratio of 1.09 and a debt-to-equity ratio of 1.71. The company has a market capitalization of $126.10 million, a P/E ratio of -100.80 and a beta of 2.06. Superior Industries International has a one year low of $4.36 and a one year high of $22.95.
Superior Industries International (NYSE:SUP) last posted its quarterly earnings data on Thursday, March 7th. The auto parts company reported ($0.16) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.04. The company had revenue of $378.80 million for the quarter, compared to analyst estimates of $372.88 million. Superior Industries International had a return on equity of 3.46% and a net margin of 1.72%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.50) earnings per share.
A number of institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. lifted its stake in Superior Industries International by 0.6% in the fourth quarter. BlackRock Inc. now owns 3,449,602 shares of the auto parts company’s stock valued at $16,592,000 after buying an additional 19,164 shares during the period. Vanguard Group Inc. increased its holdings in shares of Superior Industries International by 12.5% during the third quarter. Vanguard Group Inc. now owns 2,339,378 shares of the auto parts company’s stock valued at $39,887,000 after acquiring an additional 260,064 shares in the last quarter. Vanguard Group Inc increased its holdings in shares of Superior Industries International by 12.5% during the third quarter. Vanguard Group Inc now owns 2,339,378 shares of the auto parts company’s stock valued at $39,887,000 after acquiring an additional 260,064 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Superior Industries International by 1.0% during the third quarter. Dimensional Fund Advisors LP now owns 2,106,695 shares of the auto parts company’s stock valued at $35,919,000 after acquiring an additional 21,881 shares in the last quarter. Finally, Chartwell Investment Partners LLC increased its holdings in shares of Superior Industries International by 17.8% during the fourth quarter. Chartwell Investment Partners LLC now owns 1,116,383 shares of the auto parts company’s stock valued at $5,370,000 after acquiring an additional 168,433 shares in the last quarter. 84.12% of the stock is currently owned by hedge funds and other institutional investors.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 18th. Shareholders of record on Thursday, April 4th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 7.14%. The ex-dividend date is Wednesday, April 3rd. Superior Industries International’s dividend payout ratio (DPR) is presently -720.00%.
Superior Industries International Company Profile
Superior Industries International, Inc designs, manufactures, and sells aluminum wheels to the original equipment manufacturers in North America and Europe. It supplies cast aluminum wheels to the automobile and light truck manufacturers. The company offers its products under the ATS, RIAL, ALUTEC, and ANZIO brand names.
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