Superior Uniform Group (SGC) Earning Somewhat Favorable Press Coverage, Analysis Shows
News stories about Superior Uniform Group (NASDAQ:SGC) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Superior Uniform Group earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the textile maker an impact score of 46.6964586933258 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Superior Uniform Group (SGC) opened at $24.93 on Friday. The firm has a market cap of $370.52, a P/E ratio of 21.68, a price-to-earnings-growth ratio of 1.58 and a beta of -0.05. The company has a current ratio of 4.00, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26. Superior Uniform Group has a 52-week low of $16.65 and a 52-week high of $25.48.
Superior Uniform Group (NASDAQ:SGC) last released its earnings results on Thursday, October 26th. The textile maker reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. The business had revenue of $67.77 million during the quarter, compared to the consensus estimate of $68.06 million. Superior Uniform Group had a net margin of 6.79% and a return on equity of 14.70%. equities research analysts forecast that Superior Uniform Group will post 1.17 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 29th. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Tuesday, November 14th. Superior Uniform Group’s dividend payout ratio is presently 32.20%.
SGC has been the subject of a number of research reports. Barrington Research raised their price objective on shares of Superior Uniform Group from $22.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, July 31st. Zacks Investment Research upgraded shares of Superior Uniform Group from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a report on Wednesday, August 2nd. Finally, BidaskClub lowered shares of Superior Uniform Group from a “hold” rating to a “sell” rating in a report on Saturday, August 5th.
In other Superior Uniform Group news, insider Philip Koosed sold 17,500 shares of the stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $21.56, for a total transaction of $377,300.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 34.70% of the company’s stock.
About Superior Uniform Group
Superior Uniform Group, Inc (Superior) manufactures and sells a range of uniforms, corporate identity apparel, career apparel and accessories for the medical and health fields, as well as for the industrial, commercial, leisure and public safety markets. Superior operates through two segments: Uniforms and Related Products, and Remote Staffing Solutions.
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