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Superior Group (SGC) Registers a Bigger Fall Than the Market: Important Facts to Note
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In the latest close session, Superior Group (SGC - Free Report) was down 3.37% at $12.90. The stock's change was less than the S&P 500's daily loss of 0.19%. Elsewhere, the Dow lost 0.59%, while the tech-heavy Nasdaq lost 0.05%.
The uniform maker's shares have seen a decrease of 2.63% over the last month, not keeping up with the Consumer Discretionary sector's gain of 1.02% and the S&P 500's gain of 0.55%.
The upcoming earnings release of Superior Group will be of great interest to investors. The company is expected to report EPS of $0.09, down 10% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $143.4 million, indicating a 0.45% decline compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.59 per share and a revenue of $577.37 million, representing changes of +28.26% and +1.98%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Superior Group. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Superior Group is currently a Zacks Rank #3 (Hold).
Looking at its valuation, Superior Group is holding a Forward P/E ratio of 22.76. This represents a premium compared to its industry average Forward P/E of 16.31.
Investors should also note that SGC has a PEG ratio of 2.28 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Textile - Apparel industry stood at 2.34 at the close of the market yesterday.
The Textile - Apparel industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 181, this industry ranks in the bottom 27% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Superior Group (SGC) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest close session, Superior Group (SGC - Free Report) was down 3.37% at $12.90. The stock's change was less than the S&P 500's daily loss of 0.19%. Elsewhere, the Dow lost 0.59%, while the tech-heavy Nasdaq lost 0.05%.
The uniform maker's shares have seen a decrease of 2.63% over the last month, not keeping up with the Consumer Discretionary sector's gain of 1.02% and the S&P 500's gain of 0.55%.
The upcoming earnings release of Superior Group will be of great interest to investors. The company is expected to report EPS of $0.09, down 10% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $143.4 million, indicating a 0.45% decline compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.59 per share and a revenue of $577.37 million, representing changes of +28.26% and +1.98%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Superior Group. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Superior Group is currently a Zacks Rank #3 (Hold).
Looking at its valuation, Superior Group is holding a Forward P/E ratio of 22.76. This represents a premium compared to its industry average Forward P/E of 16.31.
Investors should also note that SGC has a PEG ratio of 2.28 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Textile - Apparel industry stood at 2.34 at the close of the market yesterday.
The Textile - Apparel industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 181, this industry ranks in the bottom 27% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.