Analysts Set $26.00 Target Price for Superior Uniform Group Inc (SGC)

Shares of Superior Uniform Group Inc (NASDAQ:SGC) have received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.

Brokerages have set a one year consensus target price of $26.00 for the company and are forecasting that the company will post $0.29 EPS for the current quarter, according to Zacks. Zacks has also assigned Superior Uniform Group an industry rank of 28 out of 265 based on the ratings given to its competitors.

Separately, BidaskClub lowered Superior Uniform Group from a “buy” rating to a “hold” rating in a report on Thursday, January 4th.

Shares of Superior Uniform Group (NASDAQ SGC) opened at $24.00 on Friday. The stock has a market capitalization of $350.31, a price-to-earnings ratio of 20.34, a PEG ratio of 1.35 and a beta of -0.15. Superior Uniform Group has a 1-year low of $16.65 and a 1-year high of $28.85. The company has a current ratio of 4.00, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Tuesday, February 13th. Superior Uniform Group’s dividend payout ratio (DPR) is currently 32.20%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in Superior Uniform Group by 1.5% in the fourth quarter. BlackRock Inc. now owns 468,004 shares of the textile maker’s stock valued at $12,501,000 after buying an additional 6,757 shares in the last quarter. Bessemer Group Inc. boosted its stake in Superior Uniform Group by 32.9% in the fourth quarter. Bessemer Group Inc. now owns 10,500 shares of the textile maker’s stock valued at $280,000 after buying an additional 2,600 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Superior Uniform Group in the fourth quarter valued at about $150,000. Wasatch Advisors Inc. boosted its stake in Superior Uniform Group by 1.1% in the third quarter. Wasatch Advisors Inc. now owns 481,805 shares of the textile maker’s stock valued at $11,033,000 after buying an additional 5,405 shares in the last quarter. Finally, State Street Corp boosted its stake in Superior Uniform Group by 11.4% in the second quarter. State Street Corp now owns 113,255 shares of the textile maker’s stock valued at $2,531,000 after buying an additional 11,632 shares in the last quarter. 37.69% of the stock is currently owned by institutional investors.

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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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