Several brokerages have updated their recommendations and price targets on shares of Superior Industries International (NYSE: SUP) in the last few weeks:

  • 11/16/2018 – Superior Industries International had its “buy” rating reaffirmed by analysts at Barrington Research.
  • 11/14/2018 – Superior Industries International was downgraded by analysts at TheStreet from a “c-” rating to a “d+” rating.
  • 11/14/2018 – Superior Industries International was upgraded by analysts at Buckingham Research from a “neutral” rating to a “buy” rating. They now have a $12.00 price target on the stock, down previously from $19.00.
  • 11/12/2018 – Superior Industries International was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 11/12/2018 – Superior Industries International had its price target lowered by analysts at B. Riley from $28.00 to $20.00. They now have a “buy” rating on the stock.
  • 11/9/2018 – Superior Industries International was downgraded by analysts at BWS Financial from a “buy” rating to a “hold” rating. They now have a $10.00 price target on the stock.
  • 11/6/2018 – Superior Industries International was given a new $15.00 price target on by analysts at Barrington Research. They now have a “buy” rating on the stock.
  • 10/26/2018 – Superior Industries International was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 10/25/2018 – Superior Industries International had its price target lowered by analysts at B. Riley from $33.00 to $28.00. They now have a “buy” rating on the stock.
  • 10/25/2018 – Superior Industries International was given a new $15.00 price target on by analysts at Barrington Research. They now have a “buy” rating on the stock.
  • 10/8/2018 – Superior Industries International was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 10/3/2018 – Superior Industries International had its price target lowered by analysts at Buckingham Research from $24.00 to $19.00. They now have a “neutral” rating on the stock.

SUP stock opened at $8.12 on Monday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.14 and a current ratio of 2.19. The stock has a market cap of $203.16 million, a price-to-earnings ratio of 7.38 and a beta of 1.83. Superior Industries International Inc has a 1-year low of $6.91 and a 1-year high of $22.95.

Superior Industries International (NYSE:SUP) last posted its earnings results on Friday, November 9th. The auto parts company reported ($0.29) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.35) by $0.06. The firm had revenue of $347.60 million for the quarter, compared to analyst estimates of $346.65 million. Superior Industries International had a return on equity of 9.82% and a net margin of 0.88%. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the previous year, the company posted ($0.22) earnings per share. Analysts predict that Superior Industries International Inc will post -0.12 earnings per share for the current year.

In other news, CEO Donald J. Stebbins purchased 31,249 shares of the business’s stock in a transaction dated Thursday, November 15th. The shares were bought at an average cost of $8.00 per share, for a total transaction of $249,992.00. Following the completion of the acquisition, the chief executive officer now directly owns 184,838 shares in the company, valued at approximately $1,478,704. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Joanne M. Finnorn purchased 5,800 shares of the business’s stock in a transaction dated Thursday, November 15th. The stock was purchased at an average price of $8.08 per share, for a total transaction of $46,864.00. Following the completion of the acquisition, the senior vice president now owns 10,294 shares of the company’s stock, valued at $83,175.52. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 95,183 shares of company stock worth $769,125. Corporate insiders own 2.60% of the company’s stock.

Several institutional investors have recently modified their holdings of SUP. Millennium Management LLC lifted its holdings in shares of Superior Industries International by 19.4% in the first quarter. Millennium Management LLC now owns 305,396 shares of the auto parts company’s stock valued at $4,062,000 after purchasing an additional 49,581 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Superior Industries International by 2.4% during the first quarter. Principal Financial Group Inc. now owns 177,544 shares of the auto parts company’s stock worth $2,361,000 after acquiring an additional 4,212 shares in the last quarter. Algert Global LLC bought a new stake in Superior Industries International during the second quarter worth about $1,315,000. First Trust Advisors LP raised its holdings in Superior Industries International by 18.5% during the second quarter. First Trust Advisors LP now owns 26,355 shares of the auto parts company’s stock worth $472,000 after acquiring an additional 4,106 shares in the last quarter. Finally, Engineers Gate Manager LP bought a new stake in Superior Industries International during the second quarter worth about $432,000. Institutional investors own 84.08% of the company’s stock.

Superior Industries International, Inc designs, manufactures, and sells aluminum wheels to the original equipment manufacturers in North America. It supplies cast aluminum wheels to the automobile and light truck manufacturers. The company was founded in 1957 and is headquartered in Southfield, Michigan.

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