We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies. In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Superior Group (SGC) Surpasses Market Returns: Some Facts Worth Knowing
Read MoreHide Full Article
Superior Group (SGC - Free Report) ended the recent trading session at $15.05, demonstrating a +1.48% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.03%. On the other hand, the Dow registered a gain of 0.28%, and the technology-centric Nasdaq decreased by 0.36%.
Shares of the uniform maker witnessed a loss of 3.76% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 7.22% and the S&P 500's gain of 4.19%.
Analysts and investors alike will be keeping a close eye on the performance of Superior Group in its upcoming earnings disclosure. In that report, analysts expect Superior Group to post earnings of $0.18 per share. This would mark a year-over-year decline of 18.18%. Meanwhile, the latest consensus estimate predicts the revenue to be $146.16 million, indicating a 0.73% decrease compared to the same quarter of the previous year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Superior Group. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Superior Group presently features a Zacks Rank of #3 (Hold).
Looking at valuation, Superior Group is presently trading at a Forward P/E ratio of 15.37. This valuation marks a discount compared to its industry's average Forward P/E of 15.68.
We can additionally observe that SGC currently boasts a PEG ratio of 1.54. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Textile - Apparel industry stood at 1.67 at the close of the market yesterday.
The Textile - Apparel industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 57, placing it within the top 23% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Superior Group (SGC) Surpasses Market Returns: Some Facts Worth Knowing
Superior Group (SGC - Free Report) ended the recent trading session at $15.05, demonstrating a +1.48% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.03%. On the other hand, the Dow registered a gain of 0.28%, and the technology-centric Nasdaq decreased by 0.36%.
Shares of the uniform maker witnessed a loss of 3.76% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 7.22% and the S&P 500's gain of 4.19%.
Analysts and investors alike will be keeping a close eye on the performance of Superior Group in its upcoming earnings disclosure. In that report, analysts expect Superior Group to post earnings of $0.18 per share. This would mark a year-over-year decline of 18.18%. Meanwhile, the latest consensus estimate predicts the revenue to be $146.16 million, indicating a 0.73% decrease compared to the same quarter of the previous year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Superior Group. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Superior Group presently features a Zacks Rank of #3 (Hold).
Looking at valuation, Superior Group is presently trading at a Forward P/E ratio of 15.37. This valuation marks a discount compared to its industry's average Forward P/E of 15.68.
We can additionally observe that SGC currently boasts a PEG ratio of 1.54. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Textile - Apparel industry stood at 1.67 at the close of the market yesterday.
The Textile - Apparel industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 57, placing it within the top 23% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.