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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 trading session, Superior Group (SGC - Free Report) closed at $12.37, marking a -2.83% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.58%. Elsewhere, the Dow saw a downswing of 1.18%, while the tech-heavy Nasdaq depreciated by 0.32%.
Shares of the uniform maker witnessed a loss of 1.24% over the previous month, beating the performance of the Consumer Discretionary sector with its loss of 2.32%, and underperforming the S&P 500's loss of 0.36%.
The upcoming earnings release of Superior Group will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.18, reflecting no change from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $143.53 million, up 3.65% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.64 per share and revenue of $583.79 million, which would represent changes of +39.13% and +3.11%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Superior Group. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.23% upward. Right now, Superior Group possesses a Zacks Rank of #2 (Buy).
Investors should also note Superior Group's current valuation metrics, including its Forward P/E ratio of 19.89. This signifies a premium in comparison to the average Forward P/E of 14.83 for its industry.
Meanwhile, SGC's PEG ratio is currently 1.99. 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. As of the close of trade yesterday, the Textile - Apparel industry held an average PEG ratio of 1.95.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 102, which puts it in the top 42% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Superior Group (SGC) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest trading session, Superior Group (SGC - Free Report) closed at $12.37, marking a -2.83% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.58%. Elsewhere, the Dow saw a downswing of 1.18%, while the tech-heavy Nasdaq depreciated by 0.32%.
Shares of the uniform maker witnessed a loss of 1.24% over the previous month, beating the performance of the Consumer Discretionary sector with its loss of 2.32%, and underperforming the S&P 500's loss of 0.36%.
The upcoming earnings release of Superior Group will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.18, reflecting no change from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $143.53 million, up 3.65% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.64 per share and revenue of $583.79 million, which would represent changes of +39.13% and +3.11%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Superior Group. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.23% upward. Right now, Superior Group possesses a Zacks Rank of #2 (Buy).
Investors should also note Superior Group's current valuation metrics, including its Forward P/E ratio of 19.89. This signifies a premium in comparison to the average Forward P/E of 14.83 for its industry.
Meanwhile, SGC's PEG ratio is currently 1.99. 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. As of the close of trade yesterday, the Textile - Apparel industry held an average PEG ratio of 1.95.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 102, which puts it in the top 42% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.