Barrington Sticks to Their Buy Rating for Superior Uniform Group (SGC)

In a report released today, Kevin Steinke from Barrington maintained a Buy rating on Superior Uniform Group (SGCResearch Report), with a price target of $13.00. The company’s shares closed last Thursday at $12.25.

According to TipRanks.com, Steinke has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.4% and a 39.8% success rate. Steinke covers the Services sector, focusing on stocks such as Cross Country Healthcare, Heritage-Crystal Clean, and Echo Global Logistics.

Currently, the analyst consensus on Superior Uniform Group is a Moderate Buy with an average price target of $13.00.

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Based on Superior Uniform Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $94.25 million and net profit of $3.37 million. In comparison, last year the company earned revenue of $86.55 million and had a net profit of $2.38 million.

Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SGC in relation to earlier this year. Most recently, in May 2020, Sidney Kirschner, a Director at SGC bought 7,000 shares for a total of $32,900.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Superior Group of Cos., Inc. engages in the manufacture and sale of uniforms, corporate identity apparel, career apparel, and accessories to medical and health fields as well as for the industrial, commercial, leisure, and public safety industries. It operates through the following segments: Uniforms and Related Products; Remote Staffing Solutions; and Promotional Products. The Uniforms and Related Products segment consists of the sale of uniforms and related items. The Remote Staffing Solutions segment comprises sale of staffing solutions. The Promotional Products segment focuses in the sale of promotional products and other branded merchandise. The company was founded in 1920 and is headquartered Seminole, FL.