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Superior Group (SGC) Stock Dips While Market Gains: Key Facts
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Superior Group (SGC - Free Report) closed at $13.31 in the latest trading session, marking a -1.19% move from the prior day. This change lagged the S&P 500's 0.41% gain on the day. Elsewhere, the Dow lost 0.07%, while the tech-heavy Nasdaq added 1.11%.
Heading into today, shares of the uniform maker had gained 8.63% over the past month, outpacing the Consumer Discretionary sector's gain of 0.85% and the S&P 500's gain of 1.46%.
Analysts and investors alike will be keeping a close eye on the performance of Superior Group in its upcoming earnings disclosure. On that day, Superior Group is projected to report earnings of $0.18 per share, which would represent no growth from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales 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 revisions typically reflect the latest short-term business trends, which can change frequently. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, Superior Group holds a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Superior Group has a Forward P/E ratio of 21.05 right now. Its industry sports an average Forward P/E of 16.13, so one might conclude that Superior Group is trading at a premium comparatively.
We can additionally observe that SGC currently boasts a PEG ratio of 2.1. 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. Textile - Apparel stocks are, on average, holding a PEG ratio of 1.93 based on yesterday's closing prices.
The Textile - Apparel industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 181, placing it within the bottom 27% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Superior Group (SGC) Stock Dips While Market Gains: Key Facts
Superior Group (SGC - Free Report) closed at $13.31 in the latest trading session, marking a -1.19% move from the prior day. This change lagged the S&P 500's 0.41% gain on the day. Elsewhere, the Dow lost 0.07%, while the tech-heavy Nasdaq added 1.11%.
Heading into today, shares of the uniform maker had gained 8.63% over the past month, outpacing the Consumer Discretionary sector's gain of 0.85% and the S&P 500's gain of 1.46%.
Analysts and investors alike will be keeping a close eye on the performance of Superior Group in its upcoming earnings disclosure. On that day, Superior Group is projected to report earnings of $0.18 per share, which would represent no growth from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales 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 revisions typically reflect the latest short-term business trends, which can change frequently. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, Superior Group holds a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Superior Group has a Forward P/E ratio of 21.05 right now. Its industry sports an average Forward P/E of 16.13, so one might conclude that Superior Group is trading at a premium comparatively.
We can additionally observe that SGC currently boasts a PEG ratio of 2.1. 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. Textile - Apparel stocks are, on average, holding a PEG ratio of 1.93 based on yesterday's closing prices.
The Textile - Apparel industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 181, placing it within the bottom 27% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.