News stories about Superior Industries International (NYSE:SUP) have been trending somewhat negative on Sunday, according to Accern. Accern scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Superior Industries International earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave news headlines about the auto parts company an impact score of 48.341738712294 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Zacks: Brokerages Expect Superior Industries International, Inc. (SUP) Will Post Quarterly Sales of $361.69 Million (americanbankingnews.com)
- Financial Contrast: Superior Industries International (SUP) versus Tenneco (TEN) (americanbankingnews.com)
- Q1 2018 EPS Estimates for Superior Industries International, Inc. (SUP) Reduced by B. Riley (americanbankingnews.com)
- SUPERIOR INDUSTRIES INTERNATIONAL : Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) (4-traders.com)
- $0.58 Earnings Per Share Expected for Superior Industries International, Inc. (SUP) This Quarter (americanbankingnews.com)
Superior Industries International (NYSE:SUP) opened at $15.10 on Friday. The company has a market cap of $376.10, a price-to-earnings ratio of 15.57 and a beta of 0.74. The company has a current ratio of 2.36, a quick ratio of 1.85 and a debt-to-equity ratio of 1.39. Superior Industries International has a 1 year low of $13.95 and a 1 year high of $27.45.
Superior Industries International (NYSE:SUP) last released its quarterly earnings results on Thursday, November 9th. The auto parts company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.58). The firm had revenue of $331.40 million for the quarter, compared to analysts’ expectations of $316.20 million. Superior Industries International had a net margin of 0.66% and a return on equity of 7.96%. The firm’s revenue for the quarter was up 88.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.23 earnings per share. sell-side analysts anticipate that Superior Industries International will post 0.8 earnings per share for the current fiscal year.
SUP has been the subject of a number of recent research reports. BidaskClub lowered shares of Superior Industries International from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. FBR & Co reduced their price objective on shares of Superior Industries International from $31.00 to $25.00 and set an “outperform” rating for the company in a research note on Tuesday, August 8th. Buckingham Research reduced their price objective on shares of Superior Industries International from $21.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, August 15th. Zacks Investment Research upgraded shares of Superior Industries International from a “strong sell” rating to a “hold” rating in a research note on Monday, October 9th. Finally, B. Riley reiterated a “buy” rating on shares of Superior Industries International in a research note on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Superior Industries International currently has an average rating of “Hold” and an average price target of $22.67.
In other news, SVP Shawn Pallagi purchased 10,000 shares of Superior Industries International stock in a transaction dated Wednesday, August 23rd. The stock was purchased at an average cost of $14.64 per share, for a total transaction of $146,400.00. Following the transaction, the senior vice president now directly owns 10,952 shares of the company’s stock, valued at $160,337.28. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James Strauss Mcelya purchased 13,084 shares of Superior Industries International stock in a transaction dated Monday, August 21st. The shares were purchased at an average price of $14.19 per share, with a total value of $185,661.96. Following the completion of the transaction, the director now directly owns 27,376 shares in the company, valued at $388,465.44. The disclosure for this purchase can be found here. Insiders have bought a total of 40,506 shares of company stock valued at $580,500 over the last 90 days. Company insiders own 1.50% of the company’s stock.
About Superior Industries International
Superior Industries International, Inc is engaged in the design and manufacture of aluminum wheels for sale to original equipment manufacturers (OEMs). The Company supplies cast aluminum wheels to automobile and light truck manufacturers, with wheel manufacturing operations in the United States and Mexico.
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