Superior Group of Companies (NASDAQ:SGC) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Superior Group of Companies, Inc. (NASDAQ:SGC) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.63 and traded as high as $13.55. Superior Group of Companies shares last traded at $13.15, with a volume of 52,874 shares trading hands.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SGC. Weiss Ratings raised Superior Group of Companies from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 1st. DA Davidson increased their target price on Superior Group of Companies from $15.00 to $18.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Finally, 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. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $17.00.

Superior Group of Companies Trading Down 0.9%

The stock has a fifty day moving average of $13.11 and a 200 day moving average of $11.63. The company has a market capitalization of $207.70 million, a P/E ratio of 23.69, a PEG ratio of 2.05 and a beta of 1.45. 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 released 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 return on equity of 5.29% and a net margin of 1.44%.The business had revenue of $147.84 million during the quarter, compared to analyst estimates of $142.87 million. Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS. As a group, equities research analysts anticipate 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. Shareholders of record on Friday, August 14th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, August 14th. This represents a $0.56 dividend on an annualized basis and a yield of 4.3%. Superior Group of Companies’s dividend payout ratio (DPR) is presently 101.82%.

Hedge Funds Weigh In On Superior Group of Companies

Hedge funds have recently modified their holdings of the company. Hsbc Holdings PLC increased its stake in shares of 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 in the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Superior Group of Companies by 23.2% during the 4th quarter. Russell Investments Group Ltd. now owns 5,252 shares of the textile maker’s stock valued at $51,000 after buying an additional 989 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Superior Group of Companies by 6.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 17,708 shares of the textile maker’s stock valued at $182,000 after buying an additional 1,021 shares in the last quarter. Bridgeway Capital Management LLC boosted its holdings in Superior Group of Companies by 0.8% in the 2nd quarter. Bridgeway Capital Management LLC now owns 176,303 shares of the textile maker’s stock worth $1,816,000 after buying an additional 1,331 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Superior Group of Companies by 11.6% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 13,755 shares of the textile maker’s stock worth $140,000 after buying an additional 1,426 shares during the period. 33.75% of the stock is currently owned by 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.