Analyst Kevin Steinke from Barrington reiterated a Buy rating on Superior Group of Companies and increased the price target to $16.00 from $15.00.
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Kevin Steinke has given his Buy rating due to a combination of factors including Superior Group of Companies’ strong financial performance and positive future outlook. The company reported a notable 9.3% year-over-year increase in revenue for Q2/25, surpassing both the firm’s and market expectations. This growth was primarily driven by the Branded Products segment, which saw a significant 14% rise in revenue, indicating strong momentum and a robust pipeline of business opportunities.
Additionally, the Healthcare Apparel segment experienced a 6.2% increase in revenue, with management optimistic about further growth due to anticipated inventory replenishments. Although the Contact Centers segment faced some challenges, it has developed a record pipeline of new business, which is expected to contribute to revenue in the near future. Overall, the company’s ability to manage costs effectively, maintain healthy gross margins, and leverage operating expenses supports the positive outlook, justifying the Buy rating.
In another report released today, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $14.00 price target.
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SGC in relation to earlier this year.