Superior Group of Companies (NASDAQ:SGC – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.540-0.660 for the period, compared to the consensus estimate of 0.650. The company issued revenue guidance of $572.0 million-$585.0 million, compared to the consensus revenue estimate of $576.5 million.
Wall Street Analysts Forecast Growth
SGC has been the subject of several research reports. Wall Street Zen cut Superior Group of Companies from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Weiss Ratings restated a “hold (c)” rating on shares of Superior Group of Companies in a research report on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.33.
View Our Latest Report on Superior Group of Companies
Superior Group of Companies Price Performance
Superior Group of Companies (NASDAQ:SGC – Get Free Report) last released its quarterly earnings results on Tuesday, March 3rd. The textile maker reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.03. Superior Group of Companies had a return on equity of 2.89% and a net margin of 1.00%.The company had revenue of $146.58 million during the quarter, compared to the consensus estimate of $145.23 million. On average, sell-side analysts expect that Superior Group of Companies will post 0.77 earnings per share for the current fiscal year.
Superior Group of Companies Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 16th were issued a dividend of $0.14 per share. The ex-dividend date was Friday, February 13th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.6%. Superior Group of Companies’s payout ratio is 155.56%.
Institutional Trading of Superior Group of Companies
Hedge funds and other institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. raised its holdings in Superior Group of Companies by 55.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,263 shares of the textile maker’s stock valued at $46,000 after acquiring an additional 1,520 shares during the last quarter. Deutsche Bank AG purchased a new stake in shares of Superior Group of Companies in the fourth quarter valued at $65,000. O Shaughnessy Asset Management LLC acquired a new position in Superior Group of Companies in the fourth quarter valued at $121,000. Bank of America Corp DE increased its stake in Superior Group of Companies by 20.5% in the second quarter. Bank of America Corp DE now owns 14,780 shares of the textile maker’s stock valued at $152,000 after purchasing an additional 2,511 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Superior Group of Companies by 6.1% during the second 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 during the period. 33.75% of the stock is owned by hedge funds and other institutional investors.
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.
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