Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Superior Group of Cos Inc (NASDAQ: SGC) improved during the last several trading days. SGC’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 6/14/24, Superior Group of Cos Inc (NASDAQ: SGC) stock declined slightly by -0.9%, closing at $19.55. However, this decline was accompanied by below average trading volume at 80% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -9.9% during the last week.
Current PriceTarget Research Rating
SGC is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Superior Group of has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Superior Group of has a poor Appreciation Score of 24 but a very high Power Rating of 98, producing the Positive Value Trend Rating.
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