For its fourth fiscal quarter (ending December 31), Superior Group of Cos Inc (NASDAQ: SGC) has reported a 57% increase in E.P.S. from $0.14 a year ago to $0.22 in the current quarter. This performance was $0.09 better than the consensus estimate of $0.14. E.P.S. were $0.55 for the latest four quarters through December 31 versus $-2.03 for the same period a year ago.
Recent Price Action
On 3/13/24, Superior Group of Cos Inc (NASDAQ: SGC) stock enjoyed a large increase of 2.8%, closing at $14.18. However, trading volume in this advance was normal at 83% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SGC is expected to continue to be a modest Value Builder.
Superior Group of has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Superior Group of has a slightly negative Appreciation Score of 38 but a very high Power Rating of 98, resulting in the Positive Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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