Superior Industries International (SUP) Earning Somewhat Positive Media Coverage, Report Shows
News articles about Superior Industries International (NYSE:SUP) have trended somewhat positive on Saturday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Superior Industries International earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the auto parts company an impact score of 45.9546861519587 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Superior Industries International (NYSE SUP) traded up 0.30% during midday trading on Friday, reaching $16.65. 133,453 shares of the company traded hands. The stock’s 50 day moving average is $15.48 and its 200 day moving average is $20.03. The company has a market capitalization of $414.65 million, a price-to-earnings ratio of 62.59 and a beta of 0.72. Superior Industries International has a one year low of $14.00 and a one year high of $30.12.
Superior Industries International (NYSE:SUP) last issued its earnings results on Friday, August 4th. The auto parts company reported $0.37 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($0.11). The firm had revenue of $240.60 million during the quarter, compared to analysts’ expectations of $190.98 million. Superior Industries International had a return on equity of 9.54% and a net margin of 1.23%. The firm’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.52 EPS. On average, equities analysts anticipate that Superior Industries International will post $1.45 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 19th. Shareholders of record on Thursday, October 5th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Wednesday, October 4th. Superior Industries International’s dividend payout ratio is currently 144.00%.
Several brokerages have commented on SUP. FBR & Co reaffirmed an “outperform” rating and issued a $31.00 target price on shares of Superior Industries International in a research note on Tuesday, July 18th. ValuEngine downgraded shares of Superior Industries International from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub downgraded shares of Superior Industries International from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. TheStreet downgraded shares of Superior Industries International from a “b-” rating to a “c+” rating in a research note on Tuesday, June 6th. Finally, Zacks Investment Research raised shares of Superior Industries International from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $24.67.
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In other news, CEO Donald J. Stebbins bought 16,090 shares of the business’s stock in a transaction on Friday, August 11th. The stock was acquired at an average price of $15.77 per share, with a total value of $253,739.30. Following the completion of the purchase, the chief executive officer now directly owns 105,459 shares in the company, valued at $1,663,088.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jack A. Hockema bought 20,000 shares of the business’s stock in a transaction on Wednesday, August 9th. The stock was purchased at an average cost of $16.38 per share, with a total value of $327,600.00. Following the purchase, the director now owns 6,915 shares of the company’s stock, valued at $113,267.70. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 76,596 shares of company stock valued at $1,161,839. 1.50% of the stock is owned by insiders.
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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