We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Superior Group (SGC) Ascends But Remains Behind Market: Some Facts to Note
Read MoreHide Full Article
Superior Group (SGC - Free Report) closed the most recent trading day at $15.08, moving +0.8% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.9%. Elsewhere, the Dow saw an upswing of 0.81%, while the tech-heavy Nasdaq appreciated by 1.22%.
The uniform maker's stock has climbed by 3.31% in the past month, falling short of the Consumer Discretionary sector's gain of 4.88% and outpacing the S&P 500's gain of 3.15%.
The investment community will be paying close attention to the earnings performance of Superior Group in its upcoming release. In that report, analysts expect Superior Group to post earnings of $0.19 per share. This would mark no growth from the year-ago period. Simultaneously, our latest consensus estimate expects the revenue to be $142.56 million, showing a 4.72% escalation compared to the year-ago quarter.
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.
Investors might also notice recent changes to analyst estimates for Superior Group. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, Superior Group possesses a Zacks Rank of #4 (Sell).
Looking at valuation, Superior Group is presently trading at a Forward P/E ratio of 20.31. This denotes a premium relative to the industry's average Forward P/E of 18.77.
It is also worth noting that SGC currently has a PEG ratio of 2.03. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Textile - Apparel was holding an average PEG ratio of 2.03 at yesterday's closing price.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 188, which puts it in the bottom 26% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Superior Group (SGC) Ascends But Remains Behind Market: Some Facts to Note
Superior Group (SGC - Free Report) closed the most recent trading day at $15.08, moving +0.8% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.9%. Elsewhere, the Dow saw an upswing of 0.81%, while the tech-heavy Nasdaq appreciated by 1.22%.
The uniform maker's stock has climbed by 3.31% in the past month, falling short of the Consumer Discretionary sector's gain of 4.88% and outpacing the S&P 500's gain of 3.15%.
The investment community will be paying close attention to the earnings performance of Superior Group in its upcoming release. In that report, analysts expect Superior Group to post earnings of $0.19 per share. This would mark no growth from the year-ago period. Simultaneously, our latest consensus estimate expects the revenue to be $142.56 million, showing a 4.72% escalation compared to the year-ago quarter.
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.
Investors might also notice recent changes to analyst estimates for Superior Group. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, Superior Group possesses a Zacks Rank of #4 (Sell).
Looking at valuation, Superior Group is presently trading at a Forward P/E ratio of 20.31. This denotes a premium relative to the industry's average Forward P/E of 18.77.
It is also worth noting that SGC currently has a PEG ratio of 2.03. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Textile - Apparel was holding an average PEG ratio of 2.03 at yesterday's closing price.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 188, which puts it in the bottom 26% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.