Stock Rating Downgrade
The Value Trend Rating for Superior Group of Cos Inc (NASDAQ: SGC) weakened in the last week from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Superior Group of Cos Inc (NASDAQ: SGC) stock declined by -4.1% on 4/12/24. The shares closed at $15.84. However, unusually low trading volume at 54% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.7% during the last week.
Current PriceTarget Research Rating
SGC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a Value Builder.
Superior Group of has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Superior Group of has a slightly negative Appreciation Score of 32 but a very high Power Rating of 92, triggering the High Neutral Value Trend Rating.
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