Superior Group of Companies (SGC) Set to Announce Quarterly Earnings on Wednesday

Superior Group of Companies (NASDAQ:SGC – Get Rating) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, March 15th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Superior Group of Companies Trading Down 0.3 %

Superior Group of Companies stock opened at $11.88 on Wednesday. The stock has a market cap of $194.07 million, a P/E ratio of -6.16, a PEG ratio of 0.96 and a beta of 1.11. Superior Group of Companies has a fifty-two week low of $8.52 and a fifty-two week high of $19.83. The firm’s fifty day moving average price is $11.40 and its 200-day moving average price is $10.52. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.11 and a current ratio of 3.60.

Superior Group of Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 28th. Investors of record on Tuesday, February 14th were paid a $0.14 dividend. The ex-dividend date was Monday, February 13th. This represents a $0.56 dividend on an annualized basis and a yield of 4.71%. Superior Group of Companies’s dividend payout ratio is presently -29.02%.

Wall Street Analysts Forecast Growth

Separately, EF Hutton Acquisition Co. I reduced their target price on Superior Group of Companies from $26.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, November 9th.

Institutional Trading of Superior Group of Companies

A number of institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its holdings in Superior Group of Companies by 5.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 32,369 shares of the textile maker’s stock worth $326,000 after buying an additional 1,646 shares during the period. Rhumbline Advisers increased its stake in shares of Superior Group of Companies by 24.2% during the second quarter. Rhumbline Advisers now owns 16,327 shares of the textile maker’s stock valued at $290,000 after purchasing an additional 3,177 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Superior Group of Companies by 6.8% during the third quarter. Royal Bank of Canada now owns 32,431 shares of the textile maker’s stock valued at $288,000 after purchasing an additional 2,076 shares in the last quarter. Two Sigma Investments LP bought a new position in shares of Superior Group of Companies during the fourth quarter valued at approximately $241,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Superior Group of Companies during the fourth quarter valued at approximately $214,000. 39.43% of the stock is currently owned by hedge funds and other institutional investors.

Superior Group of Companies Company Profile

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Superior Group of Cos., Inc engages in the manufacture and sale of uniforms, corporate identity apparel, career apparel, and accessories to the medical and health fields as well as for the industrial, commercial, leisure, and public safety industries. It operates through the following segments: Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products.