Superior of panies(SGC)

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Is Superior Group of Companies (SGC) Outperforming Other Consumer Discretionary Stocks This Year?
ZACKS· 2024-12-12 15:41
Group 1 - Superior Group (SGC) has returned 27.6% year-to-date, outperforming the Consumer Discretionary sector average gain of 16.8% [4] - The Zacks Rank for Superior Group is currently 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for SGC's full-year earnings has increased by 5.4% over the past three months, reflecting improving analyst sentiment [3] Group 2 - Superior Group belongs to the Textile - Apparel industry, which is ranked 65 in the Zacks Industry Rank, while the average return for this group is -3.1% this year [5] - La-Z-Boy (LZB), another outperforming stock in the Consumer Discretionary sector, has gained 22.1% year-to-date, with a Zacks Rank of 2 (Buy) [4][5] - The Furniture industry, which includes La-Z-Boy, is ranked 175 and has seen a decline of 15.6% this year [6]
Why Fast-paced Mover Superior Group (SGC) Is a Great Choice for Value Investors
ZACKS· 2024-12-04 14:50
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...
SGC or COLM: Which Is the Better Value Stock Right Now?
ZACKS· 2024-11-26 17:40
Core Insights - The article compares two stocks in the Textile - Apparel sector: Superior Group (SGC) and Columbia Sportswear (COLM), evaluating which presents a better value opportunity for investors [1] Valuation Metrics - SGC has a forward P/E ratio of 21.72, while COLM has a forward P/E of 22.73 [5] - SGC's PEG ratio is 2.17, compared to COLM's PEG ratio of 3.71, indicating SGC may have a more favorable growth outlook relative to its valuation [5] - SGC's P/B ratio is 1.41, whereas COLM's P/B ratio is 2.82, suggesting SGC is more undervalued in terms of market value compared to its book value [6] Earnings Outlook - SGC is noted for having an improving earnings outlook, which contributes to its stronger Zacks Rank of 2 (Buy) compared to COLM's 3 (Hold) [3][7] - The article emphasizes that SGC's stronger earnings outlook and favorable valuation metrics make it a superior value option at this time [7] Value Grades - SGC has received a Value grade of A, while COLM has a Value grade of D, highlighting the relative undervaluation of SGC [6]
Wall Street Analysts Think Superior Group (SGC) Could Surge 38.15%: Read This Before Placing a Bet
ZACKS· 2024-11-26 15:55
Shares of Superior Group (SGC) have gained 12.1% over the past four weeks to close the last trading session at $16.83, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $23.25 indicates a potential upside of 38.2%.The average comprises four short-term price targets ranging from a low of $21 to a high of $24, with a standard deviation of $1.50. While the lowest estimate indicates a ...
Superior Group (SGC) Recently Broke Out Above the 200-Day Moving Average
ZACKS· 2024-11-26 15:31
Core Insights - Superior Group (SGC) has recently reached a key level of support and has overtaken the 200-day moving average, indicating a long-term bullish trend [1] - SGC has experienced a rally of 12.1% over the past four weeks and currently holds a Zacks Rank 2 (Buy), suggesting potential for further upward movement [2] - Earnings estimate revisions for SGC show 2 upward revisions compared to none lower for the current fiscal year, with the consensus estimate also moving up, reinforcing the bullish outlook [3]
Superior Group (SGC) Crossed Above the 200-Day Moving Average: What That Means for Investors
ZACKS· 2024-11-08 15:30
Core Viewpoint - Superior Group (SGC) shows potential as a stock pick due to its recent technical performance, surpassing key resistance levels and indicating a long-term bullish trend [1]. Group 1: Technical Analysis - SGC has recently surpassed the 200-day moving average, which is a significant indicator of a bullish trend [1]. - Over the past four weeks, SGC's stock price has increased by 18.5%, reflecting strong market performance [2]. - The 200-day simple moving average serves as a critical support or resistance level, helping traders and analysts gauge long-term market trends [2]. Group 2: Earnings Estimates - There has been one upward revision in SGC's earnings estimates for the current fiscal year, with no downward revisions, suggesting positive sentiment among analysts [3]. - The consensus earnings estimate for SGC has also increased, reinforcing the bullish outlook for the stock [3]. - Given the positive earnings estimate revisions and key technical levels, SGC is positioned for potential gains in the near future [3].
Superior of panies(SGC) - 2024 Q3 - Earnings Call Transcript
2024-11-07 03:11
Financial Data and Key Metrics Changes - Consolidated revenues reached $150 million, a 10% increase year-over-year, marking the highest quarterly revenues in core products and services [7][8] - EBITDA rose to $11.7 million, up 26% from $9.3 million, with an EBITDA margin expansion of one percentage point to 7.8% [8][23] - Diluted EPS increased to $0.33 from $0.19 a year earlier [8][25] - Operating cash flow generated was $24 million year-to-date, with a net leverage ratio of 1.6x, improved from 2x at the end of 2023 [27][26] Business Segment Data and Key Metrics Changes - **Healthcare Apparel**: Revenue increased by 11% to $33 million, with EBITDA rising to $3.8 million from $3.1 million. Gross margin percentage increased by over 300 basis points [11][12][19] - **Branded Products**: Revenue also grew by 11% to $93 million, with EBITDA up more than 50% to $10.7 million. EBITDA margin expanded by over three percentage points [13][15][19] - **Contact Centers**: Revenue increased by 4% to $25 million, but EBITDA decreased to $3 million from $4.1 million due to increased costs [16][19] Market Data and Key Metrics Changes - The company noted soft market conditions, particularly in the wholesale channel for healthcare apparel, but saw growth in online channels [11][36] - Customer hesitancy remains, but there are signs of improvement post-election, with expectations for demand to return [33][36] Company Strategy and Development Direction - The company is focused on expanding its share in three large, growing, and fragmented markets through strategic investments in people, services, products, and technology [10] - Long-term strategy for contact centers includes catering to small and medium-sized enterprises and deploying new technology to enhance customer experience [17] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about future performance, citing improved customer sentiment and a robust pipeline of new business opportunities [39][40] - The company reaffirmed its full-year 2024 revenue expectations in the range of $563 million to $570 million, indicating confidence in achieving these targets despite potential challenges [28] Other Important Information - The company repurchased approximately 452,000 shares for $6.3 million during the quarter, with $3.7 million remaining under the buyback authorization [27][26] - Supply chain delays from Q2 were largely resolved, but some logistical challenges remain [66][69] Q&A Session Summary Question: Impact of supply chain delays on revenue - Management estimated the impact of pushed-out revenue from Q2 to be in the few million dollars range, which was realized in Q3 [32] Question: Customer outlook and spending plans - Management noted that while demand is edging up, customers are still managing budgets tightly due to uncertainty [33][35] Question: New sales personnel contribution timeline - New sales personnel are expected to start contributing within six months to a year, depending on their industry connections [48][51] Question: Pricing power and cost increases - The company maintains competitive pricing, especially for new customers, and is exploring lower-cost solutions to remain competitive [52][54] Question: Share buyback completion in 2024 - Management confirmed plans to continue share repurchases under the current authorization as opportunities arise [56][57] Question: Acquisition landscape and priorities - The company is actively exploring acquisition opportunities, particularly in branded products and contact centers, to enhance market presence [73]
Superior Group (SGC) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-07 00:45
Superior Group (SGC) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 65%. A quarter ago, it was expected that this uniform maker would post earnings of $0.10 per share when it actually produced earnings of $0.04, delivering a surprise of -60%.Over the last four quarters, the company h ...
Superior of panies(SGC) - 2024 Q3 - Earnings Call Presentation
2024-11-07 00:14
SUPERIOR GROUP OF COMF INVESTOR PRESENTATION November 2024 HEALTHCARE APPAREL | BRANDED PRODUCTS | CONTACT CENTERS Kale& Avocados& Blueberries& Chocolate& Family. Instacart Safe Harbor Statement This presentation may contain forward-looking statements about Superior Group of Companies within the meaning of the Securities Act of 1933, the Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995 and all rules and regulations issued there under. Such statements are based upon manag ...
Superior of panies(SGC) - 2024 Q3 - Quarterly Report
2024-11-06 23:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock $0.001 par value per share SGC NASDAQ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to __________ C ...