Superior Industries International Inc (NYSE:SUP) has received an average rating of “Hold” from the eight brokerages that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $23.75.
A number of equities analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Superior Industries International from a “hold” rating to a “sell” rating in a research report on Monday, January 22nd. Barrington Research assumed coverage on shares of Superior Industries International in a research report on Tuesday, January 9th. They set an “outperform” rating and a $27.00 target price on the stock. Finally, B. Riley restated a “buy” rating and set a $25.00 target price on shares of Superior Industries International in a research report on Monday, November 13th.
In related news, Director Michael Bruynesteyn purchased 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was purchased at an average cost of $16.00 per share, with a total value of $32,000.00. Following the completion of the acquisition, the director now directly owns 7,946 shares in the company, valued at $127,136. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 1.50% of the stock is owned by company insiders.
Superior Industries International (NYSE:SUP) opened at $14.65 on Wednesday. The company has a current ratio of 2.36, a quick ratio of 1.34 and a debt-to-equity ratio of 1.39. The stock has a market cap of $373.61, a P/E ratio of -73.25 and a beta of 0.93. Superior Industries International has a 1 year low of $13.95 and a 1 year high of $27.39.
The business also recently declared a quarterly dividend, which was paid on Friday, January 19th. Investors of record on Thursday, January 4th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 2.46%. The ex-dividend date of this dividend was Wednesday, January 3rd. Superior Industries International’s dividend payout ratio is presently -180.00%.
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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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