Superior Group of Companies (NASDAQ:SGC) Raised to Strong-Buy at Wall Street Zen

Superior Group of Companies (NASDAQ:SGC) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Sunday, Wall Street Zen reports.

SGC has been the subject of a number of other reports. DA Davidson raised their price objective on Superior Group of Companies from $15.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Superior Group of Companies in a research report on Thursday, August 27th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

Superior Group of Companies Price Performance

SGC stock opened at $12.73 on Friday. Superior Group of Companies has a one year low of $8.30 and a one year high of $14.59. The firm has a market cap of $202.92 million, a PE ratio of 23.15, a PEG ratio of 1.99 and a beta of 1.45. The firm’s 50 day moving average price is $12.86 and its 200-day moving average price is $11.91. 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 issued its quarterly earnings data on Tuesday, August 4th. The textile maker reported $0.21 earnings per share for the quarter, topping 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 company 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. On average, equities research analysts anticipate that Superior Group of Companies will post 0.64 EPS for the current year.

Institutional Investors Weigh In On Superior Group of Companies

Several institutional investors and hedge funds have recently modified their holdings of SGC. California State Teachers Retirement System boosted its holdings in Superior Group of Companies by 225.3% during the 2nd quarter. California State Teachers Retirement System now owns 1,929 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 1,336 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Superior Group of Companies by 55.4% during the third quarter. Russell Investments Group Ltd. now owns 4,263 shares of the textile maker’s stock worth $46,000 after purchasing an additional 1,520 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Superior Group of Companies in the second quarter valued at approximately $61,000. Deutsche Bank AG purchased a new position in shares of Superior Group of Companies in the fourth quarter valued at approximately $65,000. Finally, Certior Financial Group LLC acquired a new position in shares of Superior Group of Companies in the fourth quarter valued at approximately $105,000. Hedge funds and other institutional investors own 33.75% of the company’s stock.

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.