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The most recent trading session ended with Superior Group (SGC) standing at $15.72, reflecting a +0.83% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.4% gain on the day. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.63%.
Coming into today, shares of the uniform maker had gained 1.43% in the past month. In that same time, the Consumer Discretionary sector gained 6.33%, while the S&P 500 gained 3.76%.
The investment community will be paying close attention to the earnings performance of Superior Group in its upcoming release. The company is expected to report EPS of $0.19, unchanged from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $142.56 million, indicating a 4.72% upward movement from the same quarter last year.
SGC's full-year Zacks Consensus Estimates are calling for earnings of $0.74 per share and revenue of $563.94 million. These results would represent year-over-year changes of +37.04% and +3.8%, respectively.
It is also important to note the recent changes to analyst estimates for Superior Group. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, Superior Group boasts a Zacks Rank of #4 (Sell).
In the context of valuation, Superior Group is at present trading with a Forward P/E ratio of 21.16. Its industry sports an average Forward P/E of 20.15, so one might conclude that Superior Group is trading at a premium comparatively.
We can additionally observe that SGC currently boasts a PEG ratio of 2.12. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Textile - Apparel industry stood at 2.14 at the close of the market yesterday.