Superior Group (SGC) stock closed at $19.78, down 0.7%, outperforming major indices.

From Nasdaq: 2024-07-19 18:15:20

The latest trading session saw Superior Group (SGC) closing at $19.78, a -0.7% decrease from the previous day. The stock outperformed the S&P 500’s 0.71% loss, while the Dow and Nasdaq fell by 0.93% and 0.81%, respectively. SGC gained 2.84% in the past month, surpassing the Consumer Discretionary sector’s loss of 0.43% and the S&P 500’s gain of 1.08%.

Investors are eagerly anticipating Superior Group’s upcoming earnings report, expecting an EPS of $0.10, a 25% increase from the same quarter last year, and revenue of $136.6 million, a 5.76% rise year-over-year. Full-year estimates project earnings of $0.75 per share and revenue of $567.2 million, marking increases of +38.89% and +4.4%, respectively.

Analyst estimate changes significantly impact stock price movements in the short term. Superior Group currently holds a Zacks Rank of #3 (Hold) and has a Forward P/E ratio of 26.44, trading at a premium compared to the industry average. The PEG ratio stands at 2.64, reflecting growth expectations. The Textile – Apparel industry has a Zacks Industry Rank of 202, in the bottom 20% of all sectors.

A massive infrastructure stock boom is anticipated, with trillions to be spent on rebuilding American infrastructure. Zacks offers a special report for investors to capitalize on this opportunity, identifying 5 companies poised for significant growth from construction projects. Download the free report for insights on potential investment opportunities in this sector.



Read more at Nasdaq: Superior Group (SGC) Stock Moves -0.7%: What You Should Know