Supreme Industries, Inc. (NYSE:STS) released its quarterly earnings data on Monday, July 31st. The consumer goods maker reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.45 by $0.08, Bloomberg Earnings reports. The firm had revenue of $95.50 million for the quarter, compared to the consensus estimate of $113.06 million. Supreme Industries had a return on equity of 7.31% and a net margin of 2.71%. The firm’s revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.48 EPS.
Shares of Supreme Industries (NYSE:STS) opened at 20.95 on Friday. Supreme Industries has a 12 month low of $11.03 and a 12 month high of $22.00. The company has a market cap of $359.50 million and a PE ratio of 23.67. The stock has a 50 day moving average of $16.27 and a 200-day moving average of $18.23.
Several institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in shares of Supreme Industries by 0.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,048,449 shares of the consumer goods maker’s stock worth $17,247,000 after buying an additional 3,994 shares during the last quarter. Citadel Advisors LLC purchased a new position in shares of Supreme Industries during the second quarter worth approximately $218,000. Parametric Portfolio Associates LLC raised its position in shares of Supreme Industries by 115.6% in the second quarter. Parametric Portfolio Associates LLC now owns 57,325 shares of the consumer goods maker’s stock worth $943,000 after buying an additional 30,733 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Supreme Industries by 1.4% in the second quarter. Vanguard Group Inc. now owns 553,796 shares of the consumer goods maker’s stock worth $9,110,000 after buying an additional 7,650 shares during the last quarter. Finally, Northern Trust Corp raised its position in shares of Supreme Industries by 11.2% in the second quarter. Northern Trust Corp now owns 164,637 shares of the consumer goods maker’s stock worth $2,708,000 after buying an additional 16,537 shares during the last quarter.
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STS has been the topic of a number of recent research reports. ValuEngine upgraded shares of Supreme Industries from a “hold” rating to a “buy” rating in a report on Thursday. BidaskClub upgraded shares of Supreme Industries from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 8th.
Supreme Industries Company Profile
Supreme Industries, Inc (Supreme) is a manufacturer of specialized vehicles, including truck bodies and specialty vehicles. The Company operates through two segments: specialized commercial vehicles and fiberglass products. The Company manufactures specialized commercial vehicles that are attached to a truck chassis.
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