Somewhat Positive News Coverage Somewhat Unlikely to Impact Superior Industries International (SUP) Stock Price
News headlines about Superior Industries International (NYSE:SUP) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Superior Industries International earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave headlines about the auto parts company an impact score of 45.4501761340931 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of analysts recently weighed in on the stock. Buckingham Research lowered their target price on shares of Superior Industries International from $21.00 to $18.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 15th. BidaskClub cut shares of Superior Industries International from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. FBR & Co lowered their target price on shares of Superior Industries International from $31.00 to $25.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 8th. Finally, Zacks Investment Research raised shares of Superior Industries International from a “strong sell” rating to a “hold” rating in a research note on Monday, October 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $24.67.
Shares of Superior Industries International (SUP) traded down $0.15 during trading on Friday, reaching $15.45. 95,974 shares of the company’s stock traded hands, compared to its average volume of 147,248. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.80 and a quick ratio of 1.85. The company has a market capitalization of $384.78, a PE ratio of 10.37 and a beta of 0.74. Superior Industries International has a 1 year low of $14.00 and a 1 year high of $27.45.
Superior Industries International (NYSE:SUP) last issued its quarterly earnings data on Friday, August 4th. The auto parts company reported $0.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($0.11). The firm had revenue of $240.60 million for the quarter, compared to the consensus estimate of $190.98 million. Superior Industries International had a return on equity of 9.54% and a net margin of 1.23%. Superior Industries International’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.52 earnings per share. equities analysts expect that Superior Industries International will post 1.57 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 19th. Shareholders of record on Thursday, October 5th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Wednesday, October 4th. This represents a $0.36 annualized dividend and a yield of 2.33%. Superior Industries International’s dividend payout ratio is 144.00%.
In related news, CEO Donald J. Stebbins bought 16,090 shares of Superior Industries International stock in a transaction dated Friday, August 11th. The shares were bought at an average cost of $15.77 per share, for a total transaction of $253,739.30. Following the completion of the transaction, the chief executive officer now owns 105,459 shares of the company’s stock, valued at $1,663,088.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Shawn Pallagi bought 10,000 shares of Superior Industries International stock in a transaction dated Wednesday, August 23rd. The shares were bought at an average price of $14.64 per share, for a total transaction of $146,400.00. Following the completion of the transaction, the senior vice president now directly owns 10,952 shares of the company’s stock, valued at approximately $160,337.28. The disclosure for this purchase can be found here. Insiders have acquired 76,596 shares of company stock worth $1,161,839 over the last ninety days. Insiders own 1.50% of the company’s stock.
Superior Industries International Company Profile
Superior Industries International, Inc is engaged in the design and manufacture of aluminum wheels for sale to original equipment manufacturers (OEMs). The Company supplies cast aluminum wheels to automobile and light truck manufacturers, with wheel manufacturing operations in the United States and Mexico.
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