Wall Street brokerages expect Superior Industries International, Inc. (NYSE:SUP) to report $190.98 million in sales for the current quarter, according to Zacks. Three analysts have issued estimates for Superior Industries International’s earnings. The lowest sales estimate is $185.88 million and the highest is $194.07 million. Superior Industries International posted sales of $182.71 million in the same quarter last year, which suggests a positive year over year growth rate of 4.5%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, July 26th.

On average, analysts expect that Superior Industries International will report full year sales of $190.98 million for the current financial year, with estimates ranging from $732.71 million to $750.00 million. For the next year, analysts forecast that the firm will post sales of $771.36 million per share, with estimates ranging from $770.00 million to $772.71 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that that provide coverage for Superior Industries International.

Superior Industries International (NYSE:SUP) last posted its earnings results on Wednesday, April 26th. The auto parts company reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.37 by $0.06. The company had revenue of $174.20 million during the quarter, compared to analysts’ expectations of $175.34 million. Superior Industries International had a net margin of 4.17% and a return on equity of 10.26%. The company’s quarterly revenue was down 6.4% on a year-over-year basis. During the same period last year, the business earned $0.56 earnings per share.

A number of analysts have weighed in on SUP shares. B. Riley raised shares of Superior Industries International from a “neutral” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Friday, March 24th. ValuEngine cut shares of Superior Industries International from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. TheStreet cut shares of Superior Industries International from a “b-” rating to a “c+” rating in a report on Tuesday, June 6th. Finally, Zacks Investment Research raised shares of Superior Industries International from a “sell” rating to a “hold” rating in a report on Tuesday. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Superior Industries International presently has a consensus rating of “Hold” and a consensus target price of $32.67.

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Several institutional investors have recently added to or reduced their stakes in the company. Mason Street Advisors LLC raised its position in Superior Industries International by 4.9% in the first quarter. Mason Street Advisors LLC now owns 5,248 shares of the auto parts company’s stock valued at $133,000 after buying an additional 244 shares in the last quarter. Thrivent Financial For Lutherans raised its position in Superior Industries International by 2.5% in the first quarter. Thrivent Financial For Lutherans now owns 12,690 shares of the auto parts company’s stock valued at $322,000 after buying an additional 310 shares in the last quarter. Shufro Rose & Co. LLC raised its position in Superior Industries International by 0.4% in the first quarter. Shufro Rose & Co. LLC now owns 128,051 shares of the auto parts company’s stock valued at $3,246,000 after buying an additional 511 shares in the last quarter. Comerica Bank raised its position in Superior Industries International by 2.3% in the first quarter. Comerica Bank now owns 24,906 shares of the auto parts company’s stock valued at $555,000 after buying an additional 556 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in Superior Industries International by 5.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 12,380 shares of the auto parts company’s stock valued at $326,000 after buying an additional 670 shares in the last quarter. Institutional investors and hedge funds own 85.01% of the company’s stock.

Superior Industries International (NYSE:SUP) traded down 2.30% on Thursday, hitting $19.15. 30,675 shares of the company were exchanged. The stock has a market cap of $476.97 million, a PE ratio of 16.20 and a beta of 0.68. Superior Industries International has a 52-week low of $18.58 and a 52-week high of $32.12. The firm has a 50 day moving average of $19.46 and a 200-day moving average of $23.10.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 19th. Stockholders of record on Wednesday, July 5th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, June 30th. This represents a $0.36 annualized dividend and a dividend yield of 1.84%. Superior Industries International’s dividend payout ratio is currently 30.51%.

Superior Industries International Company Profile

Superior Industries International, Inc is engaged in the design and manufacture of aluminum wheels for sale to original equipment manufacturers (OEMs). The Company supplies cast aluminum wheels to automobile and light truck manufacturers, with wheel manufacturing operations in the United States and Mexico.

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Earnings History and Estimates for Superior Industries International (NYSE:SUP)

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