News stories about Superior Uniform Group (NASDAQ:SGC) have trended positive on Sunday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Superior Uniform Group earned a coverage optimism score of 0.33 on Accern’s scale. Accern also assigned news coverage about the textile maker an impact score of 45.5183794290645 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Superior Uniform Group, Inc. (SGC) Cut to “Sell” at BidaskClub (americanbankingnews.com)
- Superior Uniform Group, Inc. (NASDAQ:SGC) Raises Dividend to $0.10 Per Share (americanbankingnews.com)
- Superior Uniform Group (SGC) Raises Quarterly Dividend 8.6% to $0.0950; 1.7% Yield (streetinsider.com)
- Superior Uniform Group, Inc. (SGC) Lifted to Buy at Zacks Investment Research (americanbankingnews.com)
- Superior Uniform Up 20.3% Since SmarTrend Uptrend Call (SGC) (mysmartrend.com)
Several brokerages have recently weighed in on SGC. Barrington Research increased their price objective on shares of Superior Uniform Group from $22.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, July 31st. BidaskClub lowered shares of Superior Uniform Group from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Zacks Investment Research raised shares of Superior Uniform Group from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research report on Wednesday.
Superior Uniform Group (SGC) traded up 1.25% during trading on Friday, reaching $21.90. 8,299 shares of the company were exchanged. The firm’s 50 day moving average price is $21.89 and its 200-day moving average price is $19.07. The stock has a market capitalization of $323.51 million, a price-to-earnings ratio of 20.47 and a beta of -0.03. Superior Uniform Group has a one year low of $15.76 and a one year high of $23.33.
Superior Uniform Group (NASDAQ:SGC) last issued its quarterly earnings results on Thursday, July 27th. The textile maker reported $0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.03. The company had revenue of $65.60 million for the quarter, compared to the consensus estimate of $66.31 million. Superior Uniform Group had a net margin of 6.62% and a return on equity of 15.00%. On average, equities research analysts predict that Superior Uniform Group will post $1.15 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Wednesday, August 16th will be paid a $0.095 dividend. This is a boost from Superior Uniform Group’s previous quarterly dividend of $0.09. This represents a $0.38 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend is Monday, August 14th. Superior Uniform Group’s payout ratio is currently 30.70%.
In related news, insider Philip Koosed sold 15,000 shares of the business’s stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $19.11, for a total value of $286,650.00. Following the sale, the insider now directly owns 58,468 shares in the company, valued at approximately $1,117,323.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 34.70% of the company’s stock.
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Superior Uniform Group Company Profile
Superior Uniform Group, Inc (Superior) manufactures and sells a range of uniforms, corporate identity apparel, career apparel and accessories for the medical and health fields, as well as for the industrial, commercial, leisure and public safety markets. Superior operates through two segments: Uniforms and Related Products, and Remote Staffing Solutions.
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