Superior Industries International (SUP) Earning Somewhat Positive News Coverage, Analysis Shows
News headlines about Superior Industries International (NYSE:SUP) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Superior Industries International earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned news headlines about the auto parts company an impact score of 45.2370894725344 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern’s scoring:
- Superior Industries International, Inc. : SUP-US: Dividend Analysis : July 05th, 2017 (record date) : By the numbers : August 18, 2017 (finance.yahoo.com)
- Superior Industries International, Inc. (SUP) Rating Lowered to Strong Sell at BidaskClub (americanbankingnews.com)
- Superior Industries International, Inc. (SUP) Insider Parveen Kakar Sells 733 Shares (americanbankingnews.com)
- Reviewing Superior Industries International (SUP) and Dana (DAN) (americanbankingnews.com)
- $0.46 Earnings Per Share Expected for Superior Industries International, Inc. (SUP) This Quarter (americanbankingnews.com)
A number of research firms have recently issued reports on SUP. BidaskClub cut shares of Superior Industries International from a “sell” rating to a “strong sell” rating in a research note on Friday. Buckingham Research cut their target price on shares of Superior Industries International from $21.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday. FBR & Co cut their target price on shares of Superior Industries International from $31.00 to $25.00 and set an “outperform” rating for the company in a research note on Tuesday, August 8th. Zacks Investment Research upgraded shares of Superior Industries International from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. Finally, TheStreet cut shares of Superior Industries International from a “b-” rating to a “c+” rating in a research note on Tuesday, June 6th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $24.67.
Superior Industries International (SUP) traded up 0.70% on Friday, reaching $14.35. 251,861 shares of the company traded hands. Superior Industries International has a 52-week low of $14.00 and a 52-week high of $30.50. The company has a market capitalization of $357.37 million, a PE ratio of 53.95 and a beta of 0.66. The stock has a 50-day moving average of $18.58 and a 200 day moving average of $21.36.
Superior Industries International (NYSE:SUP) last issued its earnings results on Friday, August 4th. The auto parts company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by $0.11. Superior Industries International had a net margin of 1.23% and a return on equity of 9.54%. The company had revenue of $240.60 million during the quarter, compared to analyst estimates of $190.98 million. During the same quarter in the prior year, the business earned $0.52 EPS. The business’s quarterly revenue was up 31.7% on a year-over-year basis. On average, equities analysts forecast that Superior Industries International will post $1.65 EPS for the current year.
In related news, Director Jack A. Hockema bought 20,000 shares of the business’s stock in a transaction on Wednesday, August 9th. The shares were purchased at an average price of $16.38 per share, for a total transaction of $327,600.00. Following the completion of the transaction, the director now directly owns 6,915 shares of the company’s stock, valued at approximately $113,267.70. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Donald J. Stebbins bought 16,090 shares of the business’s stock in a transaction on Friday, August 11th. The stock was bought at an average price of $15.77 per share, for a total transaction of $253,739.30. Following the transaction, the chief executive officer now directly owns 105,459 shares of the company’s stock, valued at $1,663,088.43. The disclosure for this purchase can be found here. Insiders acquired 37,090 shares of company stock worth $601,039 in the last 90 days. Company insiders own 1.50% of the company’s stock.
About Superior Industries International
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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