In the latest trading session, Superior Group (SGC) closed at $10.63, marking a -1.02% move from the previous day. This change lagged the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.52%, while the tech-heavy Nasdaq added 0.74%.
Shares of the uniform maker have appreciated by 7.51% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 4.15%, and the S&P 500's gain of 4.2%.
Analysts and investors alike will be keeping a close eye on the performance of Superior Group in its upcoming earnings disclosure. The company is expected to report EPS of $0.05, up 25% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $134.2 million, up 1.86% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.41 per share and revenue of $559.79 million. These totals would mark changes of -43.84% and -1.04%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Superior Group. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Superior Group currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, Superior Group is holding a Forward P/E ratio of 26.41. This denotes a premium relative to the industry average Forward P/E of 14.28.
It is also worth noting that SGC currently has a PEG ratio of 2.64. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Textile – Apparel was holding an average PEG ratio of 2.03 at yesterday's closing price.
The Textile – Apparel industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 222, placing it within the bottom 11% of over 250 industries.
