Superior Industries International, Inc. (NYSE:SUP) had its price objective lowered by analysts at FBR & Co from $31.00 to $25.00 in a research note issued to investors on Tuesday. The brokerage currently has an “outperform” rating on the auto parts company’s stock. FBR & Co’s price target indicates a potential upside of 46.63% from the company’s previous close.

Several other equities research analysts have also recently commented on the company. BidaskClub raised Superior Industries International from a “sell” rating to a “hold” rating in a report on Saturday. Zacks Investment Research raised Superior Industries International from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. TheStreet cut Superior Industries International from a “b-” rating to a “c+” rating in a report on Tuesday, June 6th. ValuEngine cut Superior Industries International from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, B. Riley reaffirmed a “buy” rating and issued a $31.00 price target on shares of Superior Industries International in a report on Sunday, April 30th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $28.00.

Shares of Superior Industries International (NYSE:SUP) traded down 1.906% during trading on Tuesday, hitting $16.725. The stock had a trading volume of 28,522 shares. The firm has a market cap of $416.57 million, a price-to-earnings ratio of 14.150 and a beta of 0.66. The firm’s 50-day moving average is $19.86 and its 200 day moving average is $22.04. Superior Industries International has a 52-week low of $16.53 and a 52-week high of $30.50.

Superior Industries International (NYSE:SUP) last posted its quarterly earnings results on Friday, August 4th. The auto parts company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.48 by $0.11. Superior Industries International had a net margin of 1.23% and a return on equity of 10.44%. The company had revenue of $240.60 million during the quarter, compared to analyst estimates of $190.98 million. During the same period in the prior year, the business posted $0.52 EPS. Superior Industries International’s revenue for the quarter was up 31.7% compared to the same quarter last year. On average, analysts expect that Superior Industries International will post $1.83 EPS for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of SUP. Vanguard Group Inc. raised its position in shares of Superior Industries International by 3.6% in the first quarter. Vanguard Group Inc. now owns 2,199,855 shares of the auto parts company’s stock valued at $55,767,000 after buying an additional 75,867 shares during the last quarter. Gamco Investors INC. ET AL raised its position in shares of Superior Industries International by 1.0% in the second quarter. Gamco Investors INC. ET AL now owns 1,171,675 shares of the auto parts company’s stock valued at $24,078,000 after buying an additional 11,400 shares during the last quarter. State Street Corp raised its position in shares of Superior Industries International by 13.0% in the first quarter. State Street Corp now owns 666,447 shares of the auto parts company’s stock valued at $16,898,000 after buying an additional 76,520 shares during the last quarter. Teton Advisors Inc. raised its position in shares of Superior Industries International by 1.1% in the second quarter. Teton Advisors Inc. now owns 480,000 shares of the auto parts company’s stock valued at $9,864,000 after buying an additional 5,000 shares during the last quarter. Finally, Chartwell Investment Partners LLC raised its position in shares of Superior Industries International by 9.1% in the second quarter. Chartwell Investment Partners LLC now owns 389,672 shares of the auto parts company’s stock valued at $8,008,000 after buying an additional 32,606 shares during the last quarter. Institutional investors own 84.77% of the company’s stock.

About Superior Industries International

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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