What is Sidoti’s Forecast for SGC FY2027 Earnings?

Superior Group of Companies, Inc. (NASDAQ:SGC) – Sidoti reduced their FY2027 earnings per share (EPS) estimates for Superior Group of Companies in a note issued to investors on Thursday, September 17th. Sidoti analyst J. Sidoti now forecasts that the textile maker will post earnings per share of $0.89 for the year, down from their prior forecast of $1.12. The consensus estimate for Superior Group of Companies’ current full-year earnings is $0.64 per share.

Superior Group of Companies (NASDAQ:SGC) last released its earnings results on Tuesday, August 4th. The textile maker reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.11. Superior Group of Companies had a return on equity of 5.29% and a net margin of 1.44%.The firm had revenue of $147.84 million during the quarter, compared to analysts’ expectations of $142.87 million. Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS.

A number of other research analysts have also weighed in on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Superior Group of Companies in a research report on Thursday, August 27th. Wall Street Zen cut Superior Group of Companies from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 14th. Finally, DA Davidson increased their target price on shares of Superior Group of Companies from $15.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Superior Group of Companies Stock Performance

SGC opened at $12.34 on Monday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.76 and a current ratio of 2.60. The stock has a market capitalization of $196.70 million, a price-to-earnings ratio of 22.44, a PEG ratio of 1.94 and a beta of 1.45. The company has a fifty day moving average of $12.75 and a 200 day moving average of $12.07. Superior Group of Companies has a fifty-two week low of $8.30 and a fifty-two week high of $14.59.

Superior Group of Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, August 14th. Superior Group of Companies’s dividend payout ratio (DPR) is 101.82%.

Hedge Funds Weigh In On Superior Group of Companies

Large investors have recently made changes to their positions in the business. NewEdge Advisors LLC acquired a new stake in Superior Group of Companies in the second quarter worth about $206,000. Public Employees Retirement System of Ohio purchased a new position in Superior Group of Companies in the 2nd quarter worth $61,000. Bank of New York Mellon Corp purchased a new position in Superior Group of Companies in the 2nd quarter worth $1,344,000. Bank of America Corp DE lifted its position in Superior Group of Companies by 18.7% during the 1st quarter. Bank of America Corp DE now owns 29,959 shares of the textile maker’s stock worth $304,000 after acquiring an additional 4,712 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its stake in Superior Group of Companies by 11.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 13,755 shares of the textile maker’s stock valued at $140,000 after purchasing an additional 1,426 shares during the last quarter. 33.75% of the stock is owned by institutional investors and hedge funds.

About Superior Group of Companies

Superior Group of Companies, Inc is a diversified services company headquartered in Seminole, Florida. The company has historically operated through businesses serving the healthcare apparel and business-process outsourcing markets.

Superior Group’s healthcare apparel operations have provided uniforms, scrubs, lab coats, and related garments and accessories for healthcare professionals and institutions. Its brands have included Fashion Seal Healthcare and other specialty apparel offerings.