Superior Industries International Inc (NYSE:SUP) Director Ellen B. Richstone acquired 18,000 shares of Superior Industries International stock in a transaction on Monday, August 12th. The shares were bought at an average price of $2.85 per share, with a total value of $51,300.00. Following the purchase, the director now directly owns 39,132 shares in the company, valued at approximately $111,526.20. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Shares of NYSE SUP traded down $0.18 during trading on Wednesday, reaching $2.55. 9,074 shares of the company traded hands, compared to its average volume of 427,037. The company has a fifty day moving average price of $2.95. The firm has a market cap of $66.59 million, a PE ratio of -51.40 and a beta of 1.96. Superior Industries International Inc has a 12-month low of $2.35 and a 12-month high of $22.95. The company has a debt-to-equity ratio of 3.34, a quick ratio of 1.15 and a current ratio of 1.90.

Superior Industries International (NYSE:SUP) last released its quarterly earnings data on Thursday, August 8th. The auto parts company reported ($0.06) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.01. Superior Industries International had a negative return on equity of 0.26% and a net margin of 1.15%. The business had revenue of $325.50 million during the quarter, compared to analyst estimates of $361.86 million. During the same quarter last year, the business posted $0.25 EPS. The company’s revenue was down 16.3% on a year-over-year basis. As a group, equities analysts expect that Superior Industries International Inc will post -0.46 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Friday, July 5th were paid a $0.09 dividend. The ex-dividend date of this dividend was Wednesday, July 3rd. This represents a $0.36 annualized dividend and a dividend yield of 14.12%. Superior Industries International’s dividend payout ratio is presently -720.00%.

Institutional investors have recently made changes to their positions in the stock. BNP Paribas Arbitrage SA increased its stake in Superior Industries International by 135.1% during the 1st quarter. BNP Paribas Arbitrage SA now owns 5,291 shares of the auto parts company’s stock worth $25,000 after buying an additional 3,040 shares in the last quarter. Municipal Employees Retirement System of Michigan purchased a new stake in Superior Industries International during the 4th quarter worth approximately $32,000. SeaCrest Wealth Management LLC purchased a new stake in Superior Industries International during the 2nd quarter worth approximately $35,000. A.R.T. Advisors LLC purchased a new stake in Superior Industries International during the 2nd quarter worth approximately $46,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in Superior Industries International during the 2nd quarter worth approximately $55,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

A number of research firms have weighed in on SUP. TheStreet lowered Superior Industries International from a “c-” rating to a “d+” rating in a research note on Tuesday, May 21st. Barrington Research reiterated an “outperform” rating and set a $7.00 price objective (down previously from $15.00) on shares of Superior Industries International in a research note on Monday. Zacks Investment Research lowered Superior Industries International from a “hold” rating to a “sell” rating and set a $3.00 price objective for the company. in a research note on Tuesday. ValuEngine upgraded Superior Industries International from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, B. Riley set a $9.00 price objective on Superior Industries International and gave the company a “buy” rating in a research note on Friday, August 9th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $7.40.

About Superior Industries International

Superior Industries International, Inc designs, manufactures, and sells aluminum wheels to the original equipment manufacturers in North America and Europe. It supplies cast aluminum wheels to the automobile and light truck manufacturers. The company offers its products under the ATS, RIAL, ALUTEC, and ANZIO brand names.

See Also: What is the Coverage Ratio?

Insider Buying and Selling by Quarter for Superior Industries International (NYSE:SUP)

Receive News & Ratings for Superior Industries International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Superior Industries International and related companies with MarketBeat.com's FREE daily email newsletter.