Brokerages expect Superior Industries International Inc (NYSE:SUP) to post earnings per share of ($0.10) for the current quarter, according to Zacks. Three analysts have provided estimates for Superior Industries International’s earnings. Superior Industries International reported earnings per share of ($0.02) during the same quarter last year, which suggests a negative year over year growth rate of 400%. The firm is expected to announce its next quarterly earnings results on Thursday, November 8th.

According to Zacks, analysts expect that Superior Industries International will report full year earnings of $0.33 per share for the current fiscal year, with EPS estimates ranging from $0.20 to $0.45. For the next year, analysts expect that the firm will report earnings of $0.85 per share, with EPS estimates ranging from $0.74 to $0.96. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Superior Industries International.

Superior Industries International (NYSE:SUP) last released its earnings results on Wednesday, August 8th. The auto parts company reported $0.25 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.11. The firm had revenue of $389.00 million for the quarter, compared to analysts’ expectations of $381.14 million. Superior Industries International had a net margin of 1.12% and a return on equity of 10.77%. The company’s quarterly revenue was up 61.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.41) earnings per share.

A number of research analysts have weighed in on SUP shares. ValuEngine cut shares of Superior Industries International from a “hold” rating to a “sell” rating in a research note on Monday, October 8th. Zacks Investment Research upgraded shares of Superior Industries International from a “sell” rating to a “hold” rating in a research note on Monday, July 30th. Buckingham Research dropped their target price on shares of Superior Industries International from $24.00 to $19.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 3rd. Finally, Barrington Research reiterated a “buy” rating and issued a $27.00 target price on shares of Superior Industries International in a research note on Monday, August 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. Superior Industries International currently has an average rating of “Hold” and a consensus target price of $22.50.

Hedge funds and other institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC bought a new stake in shares of Superior Industries International in the second quarter valued at approximately $150,000. Bank of Montreal Can raised its position in shares of Superior Industries International by 753.9% in the third quarter. Bank of Montreal Can now owns 9,222 shares of the auto parts company’s stock valued at $157,000 after purchasing an additional 8,142 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of Superior Industries International in the second quarter valued at approximately $215,000. Trexquant Investment LP bought a new stake in shares of Superior Industries International in the second quarter valued at approximately $235,000. Finally, Strs Ohio bought a new stake in shares of Superior Industries International in the third quarter valued at approximately $304,000. 84.53% of the stock is currently owned by institutional investors.

SUP opened at $12.45 on Friday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.31 and a current ratio of 2.33. The stock has a market capitalization of $326.25 million, a price-to-earnings ratio of 11.32 and a beta of 1.33. Superior Industries International has a twelve month low of $12.25 and a twelve month high of $22.95.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 19th. Stockholders of record on Friday, October 5th were given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend was Thursday, October 4th. Superior Industries International’s dividend payout ratio (DPR) is currently 32.73%.

Superior Industries International Company Profile

Superior Industries International, Inc designs, manufactures, and sells aluminum wheels to the original equipment manufacturers in North America. It supplies cast aluminum wheels to the automobile and light truck manufacturers. The company was founded in 1957 and is headquartered in Southfield, Michigan.

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Earnings History and Estimates for Superior Industries International (NYSE:SUP)

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