Superior Group (SGC) closed slightly up, lagging behind S&P 500, with upcoming earnings release

From Nasdaq: 2024-10-04 18:15:20

Superior Group (SGC) closed at $15.08, up 0.8%. Stock lagged behind the S&P 500, which gained 0.9%. Analysts expect SGC to post earnings of $0.19 per share in upcoming release, with revenue of $142.56 million. SGC also has a Zacks Rank of #4 (Sell) and a Forward P/E ratio of 20.31.

Looking at valuation, SGC is trading at a premium relative to the industry’s average Forward P/E ratio of 18.77. The company also has a PEG ratio of 2.03, with the Textile – Apparel industry holding an average PEG ratio of 2.03 at yesterday’s closing price. The industry currently has a Zacks Industry Rank of 188.

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Read more at Nasdaq: Superior Group (SGC) Ascends But Remains Behind Market: Some Facts to Note