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Superior Group (SGC) closed at $10.22 in the latest trading session, marking a -0.1% move from the prior day. This change was narrower than the S&P 500's daily loss of 2.36%. Meanwhile, the Dow lost 2.48%, and the Nasdaq, a tech-heavy index, lost 2.55%.
Coming into today, shares of the uniform maker had lost 5.28% in the past month. In that same time, the Consumer Discretionary sector lost 7.05%, while the S&P 500 lost 5.6%.
Investors will be eagerly watching for the performance of Superior Group in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.11, marking a 54.17% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $138.68 million, indicating a 0.11% decrease compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.76 per share and revenue of $584.83 million, indicating changes of +4.11% and +3.39%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Superior Group. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Superior Group is carrying a Zacks Rank of #5 (Strong Sell).
In terms of valuation, Superior Group is currently trading at a Forward P/E ratio of 13.4. This valuation marks a premium compared to its industry's average Forward P/E of 11.19.
Also, we should mention that SGC has a PEG ratio of 1.34. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Textile - Apparel industry had an average PEG ratio of 1.52 as trading concluded yesterday.
The Textile - Apparel industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 84, positioning it in the top 34% of all 250+ industries.