Analysts forecast that Superior Industries International Inc (NYSE:SUP) will announce $0.33 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Superior Industries International’s earnings. The lowest EPS estimate is $0.23 and the highest is $0.53. Superior Industries International posted earnings of $0.31 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 6.5%. The company is expected to issue its next earnings report on Thursday, March 1st.
On average, analysts expect that Superior Industries International will report full-year earnings of $0.91 per share for the current fiscal year. For the next fiscal year, analysts expect that the company will post earnings of $1.37 per share, with EPS estimates ranging from $0.29 to $2.07. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Superior Industries International.
Superior Industries International (NYSE:SUP) last issued its earnings results on Thursday, November 9th. The auto parts company reported ($0.22) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.58). The firm had revenue of $331.40 million for the quarter, compared to analysts’ expectations of $316.20 million. Superior Industries International had a return on equity of 7.96% and a net margin of 0.66%. The firm’s revenue for the quarter was up 88.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.23 EPS.
A number of equities analysts have weighed in on the company. B. Riley restated a “buy” rating on shares of Superior Industries International in a report on Wednesday, November 1st. Zacks Investment Research upgraded Superior Industries International from a “strong sell” rating to a “hold” rating in a report on Monday, October 9th. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $22.67.
Superior Industries International (NYSE SUP) traded down $0.40 during midday trading on Friday, reaching $15.85. The company’s stock had a trading volume of 208,000 shares, compared to its average volume of 179,860. The stock has a market cap of $404.75, a PE ratio of 16.75 and a beta of 0.78. Superior Industries International has a 52-week low of $13.95 and a 52-week high of $27.40. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.34 and a current ratio of 2.36.
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 19th. Stockholders of record on Thursday, January 4th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Wednesday, January 3rd. Superior Industries International’s dividend payout ratio (DPR) is currently -180.00%.
In other Superior Industries International news, Director Michael Bruynesteyn bought 2,000 shares of Superior Industries International stock in a transaction dated Wednesday, November 22nd. The stock was bought at an average cost of $16.00 per share, for a total transaction of $32,000.00. Following the purchase, the director now owns 7,946 shares in the company, valued at approximately $127,136. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.50% of the company’s stock.
Several institutional investors have recently added to or reduced their stakes in SUP. PNC Financial Services Group Inc. boosted its stake in shares of Superior Industries International by 1.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,616 shares of the auto parts company’s stock valued at $115,000 after buying an additional 69 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of Superior Industries International during the 3rd quarter valued at approximately $155,000. BNP Paribas Arbitrage SA boosted its stake in shares of Superior Industries International by 51.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,070 shares of the auto parts company’s stock valued at $186,000 after buying an additional 3,094 shares during the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new position in shares of Superior Industries International during the 3rd quarter valued at approximately $186,000. Finally, Baker Ellis Asset Management LLC boosted its stake in shares of Superior Industries International by 52.0% during the 3rd quarter. Baker Ellis Asset Management LLC now owns 14,500 shares of the auto parts company’s stock valued at $241,000 after buying an additional 4,960 shares during the last quarter. Institutional investors own 84.19% of the company’s stock.
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Superior Industries International Company Profile
Superior Industries International, Inc is engaged in the design and manufacture of aluminum wheels for sale to original equipment manufacturers (OEMs). The Company supplies cast aluminum wheels to automobile and light truck manufacturers, with wheel manufacturing operations in the United States and Mexico.
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