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Superior Group (SGC) Suffers a Larger Drop Than the General Market: Key Insights
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In the latest close session, Superior Group (SGC - Free Report) was down 1.35% at $12.40. This change lagged the S&P 500's 0.45% loss on the day. Meanwhile, the Dow lost 1.21%, and the Nasdaq, a tech-heavy index, lost 0.01%.
Coming into today, shares of the uniform maker had gained 0% in the past month. In that same time, the Consumer Discretionary sector lost 5.62%, while the S&P 500 lost 2.43%.
The investment community will be paying close attention to the earnings performance of Superior Group in its upcoming release. The company is forecasted to report an EPS of $0.18, showcasing no movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $143.53 million, up 3.65% from the year-ago period.
SGC's full-year Zacks Consensus Estimates are calling for earnings of $0.64 per share and revenue of $583.79 million. These results would represent year-over-year changes of +39.13% and +3.11%, respectively.
Any recent changes to analyst estimates for Superior Group should also be noted by investors. 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 business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Superior Group is holding a Zacks Rank of #2 (Buy) right now.
In the context of valuation, Superior Group is at present trading with a Forward P/E ratio of 19.64. Its industry sports an average Forward P/E of 14.85, so one might conclude that Superior Group is trading at a premium comparatively.
One should further note that SGC currently holds a PEG ratio of 1.96. 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 1.9 at yesterday's closing price.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 165, putting it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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Superior Group (SGC) Suffers a Larger Drop Than the General Market: Key Insights
In the latest close session, Superior Group (SGC - Free Report) was down 1.35% at $12.40. This change lagged the S&P 500's 0.45% loss on the day. Meanwhile, the Dow lost 1.21%, and the Nasdaq, a tech-heavy index, lost 0.01%.
Coming into today, shares of the uniform maker had gained 0% in the past month. In that same time, the Consumer Discretionary sector lost 5.62%, while the S&P 500 lost 2.43%.
The investment community will be paying close attention to the earnings performance of Superior Group in its upcoming release. The company is forecasted to report an EPS of $0.18, showcasing no movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $143.53 million, up 3.65% from the year-ago period.
SGC's full-year Zacks Consensus Estimates are calling for earnings of $0.64 per share and revenue of $583.79 million. These results would represent year-over-year changes of +39.13% and +3.11%, respectively.
Any recent changes to analyst estimates for Superior Group should also be noted by investors. 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 business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Superior Group is holding a Zacks Rank of #2 (Buy) right now.
In the context of valuation, Superior Group is at present trading with a Forward P/E ratio of 19.64. Its industry sports an average Forward P/E of 14.85, so one might conclude that Superior Group is trading at a premium comparatively.
One should further note that SGC currently holds a PEG ratio of 1.96. 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 1.9 at yesterday's closing price.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 165, putting it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.