Supreme Industries, Inc. (NYSE:STS) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued to investors on Wednesday.

Separately, ValuEngine lowered shares of Supreme Industries from a “buy” rating to a “hold” rating in a research note on Monday.

Supreme Industries (STS) traded up 4.24% during midday trading on Wednesday, reaching $16.22. 50,578 shares of the company traded hands. The company has a 50 day moving average of $16.75 and a 200-day moving average of $18.40. Supreme Industries has a 12-month low of $11.03 and a 12-month high of $22.00. The stock has a market capitalization of $278.25 million and a P/E ratio of 16.22.

Supreme Industries (NYSE:STS) last issued its earnings results on Monday, May 1st. The consumer goods maker reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by $0.18. The company had revenue of $68.70 million for the quarter, compared to the consensus estimate of $81.44 million. Supreme Industries had a return on equity of 7.31% and a net margin of 2.71%. The firm’s revenue was down 1.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.22 earnings per share. Equities analysts anticipate that Supreme Industries will post $1.15 EPS for the current fiscal year.

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About Supreme Industries

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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