Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Superior Uniform Group (SGC) Stock Price
News stories about Superior Uniform Group (NASDAQ:SGC) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Superior Uniform Group earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave news articles about the textile maker an impact score of 47.3307265620516 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Superior Uniform Group, Inc. (SGC) Cut to “Sell” at BidaskClub (americanbankingnews.com)
- Superior Uniform Group, Inc. (NASDAQ:SGC) Raises Dividend to $0.10 Per Share (americanbankingnews.com)
- Superior Uniform Group (SGC) Raises Quarterly Dividend 8.6% to $0.0950; 1.7% Yield (streetinsider.com)
- Superior Uniform Group, Inc. (SGC) Lifted to Buy at Zacks Investment Research (americanbankingnews.com)
- Superior Uniform Up 20.3% Since SmarTrend Uptrend Call (SGC) (mysmartrend.com)
Superior Uniform Group (SGC) opened at 22.09 on Tuesday. The company’s 50-day moving average price is $21.89 and its 200 day moving average price is $19.07. Superior Uniform Group has a 12 month low of $15.76 and a 12 month high of $23.33. The firm has a market capitalization of $326.31 million, a PE ratio of 19.39 and a beta of -0.03.
Superior Uniform Group (NASDAQ:SGC) last released its quarterly earnings results on Thursday, July 27th. The textile maker reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.03. The business had revenue of $65.60 million during the quarter, compared to the consensus estimate of $66.31 million. Superior Uniform Group had a return on equity of 14.74% and a net margin of 6.63%. On average, equities research analysts predict that Superior Uniform Group will post $1.17 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Wednesday, August 16th will be paid a dividend of $0.095 per share. The ex-dividend date is Monday, August 14th. This represents a $0.38 dividend on an annualized basis and a yield of 1.72%. This is an increase from Superior Uniform Group’s previous quarterly dividend of $0.09. Superior Uniform Group’s payout ratio is 30.70%.
Several research analysts recently commented on SGC shares. Zacks Investment Research raised Superior Uniform Group from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research report on Wednesday, August 2nd. BidaskClub cut Superior Uniform Group from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Barrington Research increased their price target on Superior Uniform Group from $22.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, July 31st.
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In other Superior Uniform Group news, insider Philip Koosed sold 15,000 shares of Superior Uniform Group stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $19.11, for a total transaction of $286,650.00. Following the completion of the transaction, the insider now owns 58,468 shares in the company, valued at approximately $1,117,323.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 34.70% of the stock is currently owned by insiders.
About Superior Uniform Group
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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