Superior Industries International (SUP) Earning Somewhat Positive Press Coverage, Report Finds

News stories about Superior Industries International (NYSE:SUP) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Superior Industries International earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news coverage about the auto parts company an impact score of 45.9182450655876 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Several brokerages have issued reports on SUP. B. Riley restated a “buy” rating on shares of Superior Industries International in a research report on Wednesday, November 1st. Zacks Investment Research upgraded shares of Superior Industries International from a “strong sell” rating to a “hold” rating in a research report on Monday, October 9th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $22.67.

Shares of Superior Industries International (SUP) opened at $15.25 on Friday. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.36 and a quick ratio of 1.34. Superior Industries International has a 1 year low of $13.95 and a 1 year high of $27.40. The firm has a market cap of $379.84, a P/E ratio of -76.25 and a beta of 0.77.

Superior Industries International (NYSE:SUP) last released its quarterly earnings results on Thursday, November 9th. The auto parts company reported ($0.22) earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.58). Superior Industries International had a net margin of 0.66% and a return on equity of 7.96%. The business had revenue of $331.40 million during the quarter, compared to analyst estimates of $316.20 million. During the same quarter in the previous year, the firm posted $0.23 earnings per share. The firm’s quarterly revenue was up 88.7% on a year-over-year basis. analysts predict that Superior Industries International will post 0.91 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 19th. Stockholders of record on Thursday, January 4th will be given a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, January 3rd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.36%. Superior Industries International’s payout ratio is -180.00%.

In other Superior Industries International news, Director Michael Bruynesteyn purchased 2,000 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The stock was bought at an average cost of $16.00 per share, for a total transaction of $32,000.00. Following the completion of the transaction, the director now owns 7,946 shares in the company, valued at $127,136. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is currently owned by insiders.

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Superior Industries International Company Profile

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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