Supreme Industries, Inc. (NYSE:STS) posted its earnings results on Monday. The consumer goods maker reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by $0.08, Bloomberg Earnings reports. The firm had revenue of $95.50 million for the quarter, compared to analyst estimates of $113.06 million. Supreme Industries had a net margin of 2.71% and a return on equity of 7.31%. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.48 earnings per share.
Supreme Industries (NYSE:STS) opened at 14.50 on Monday. The firm’s 50-day moving average is $16.28 and its 200-day moving average is $18.29. Supreme Industries has a 1-year low of $11.03 and a 1-year high of $22.00. The firm has a market capitalization of $248.75 million and a price-to-earnings ratio of 14.50.
Several large investors have recently made changes to their positions in the company. First Manhattan Co. raised its position in Supreme Industries by 13.8% in the second quarter. First Manhattan Co. now owns 641,081 shares of the consumer goods maker’s stock worth $10,545,000 after buying an additional 77,512 shares during the last quarter. Bowling Portfolio Management LLC raised its position in Supreme Industries by 52.0% in the second quarter. Bowling Portfolio Management LLC now owns 65,161 shares of the consumer goods maker’s stock worth $1,072,000 after buying an additional 22,304 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in Supreme Industries by 20.6% in the second quarter. Russell Investments Group Ltd. now owns 18,702 shares of the consumer goods maker’s stock worth $308,000 after buying an additional 3,198 shares during the last quarter.
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A number of research analysts have issued reports on the stock. BidaskClub lowered shares of Supreme Industries from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 19th. ValuEngine lowered shares of Supreme Industries from a “buy” rating to a “hold” rating in a research note on Monday, July 17th.
Supreme Industries Company Profile
Supreme Industries, Inc (Supreme) is a manufacturer of specialized vehicles, including truck bodies and specialty vehicles. The Company operates through two segments: specialized commercial vehicles and fiberglass products. The Company manufactures specialized commercial vehicles that are attached to a truck chassis.
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