In the latest close session, Superior Group (SGC) was down 1.51% at $13.06. This move lagged the S&P 500's daily loss of 0.02%. Meanwhile, the Dow experienced a drop of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.15%.
Shares of the uniform maker have appreciated by 6.34% over the course of the past month, outperforming the Consumer Discretionary sector's loss of 1.96%, and the S&P 500's gain of 2.05%.
The investment community will be paying close attention to the earnings performance of Superior Group in its upcoming release. The company is forecasted to report an EPS of $0.18, showcasing no movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $143.53 million, up 3.65% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.64 per share and a revenue of $583.79 million, signifying shifts of +39.13% and +3.11%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Superior Group. Such recent modifications usually signify the changing landscape of near-term business trends. 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. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Superior Group boasts a Zacks Rank of #4 (Sell).
In terms of valuation, Superior Group is currently trading at a Forward P/E ratio of 20.72. This represents a premium compared to its industry average Forward P/E of 15.22.
We can also see that SGC currently has a PEG ratio of 2.07. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Textile - Apparel industry stood at 1.95 at the close of the market yesterday.
The Textile - Apparel industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 201, positioning it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Superior Group of Companies, Inc. (SGC): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).