Superior Group of Companies, Inc. (NASDAQ:SGC) just released its latest quarterly results and things are looking bullish. It was overall a positive result, with revenues beating expectations by 4.7% to hit US$150m. Superior Group of Companies also reported a statutory profit of US$0.33, which was an impressive 57% above what the analysts had forecast. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Superior Group of Companies after the latest results.

View our latest analysis for Superior Group of Companies

After the latest results, the three analysts covering Superior Group of Companies are now predicting revenues of US$590.1m in 2025. If met, this would reflect a credible 4.0% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to grow 18% to US$0.97. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$590.1m and earnings per share (EPS) of US$0.97 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$22.67. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Superior Group of Companies analyst has a price target of US$24.00 per share, while the most pessimistic values it at US$20.00. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Superior Group of Companies' past performance and to peers in the same industry. It's pretty clear that there is an expectation that Superior Group of Companies' revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 3.2% growth on an annualised basis. This is compared to a historical growth rate of 6.2% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 6.0% annually. Factoring in the forecast slowdown in growth, it seems obvious that Superior Group of Companies is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at US$22.67, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Superior Group of Companies going out to 2026, and you can see them free on our platform here..

It is also worth noting that we have found 1 warning sign for Superior Group of Companies that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.