BidaskClub upgraded shares of Supreme Industries, Inc. (NYSE:STS) from a strong sell rating to a sell rating in a research note released on Tuesday.

Separately, ValuEngine downgraded Supreme Industries from a buy rating to a hold rating in a research report on Monday, July 17th.

Supreme Industries (STS) traded down 0.14% during trading on Tuesday, reaching $20.95. The company had a trading volume of 658,673 shares. The firm’s 50 day moving average is $16.27 and its 200 day moving average is $18.23. Supreme Industries has a one year low of $11.03 and a one year high of $22.00. The company has a market capitalization of $359.50 million and a PE ratio of 23.67.

Supreme Industries (NYSE:STS) last issued its quarterly earnings data on Monday, July 31st. The consumer goods maker reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by $0.08. Supreme Industries had a net margin of 2.71% and a return on equity of 7.31%. The company had revenue of $95.50 million for the quarter, compared to analysts’ expectations of $113.06 million. During the same quarter last year, the company earned $0.48 earnings per share. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. On average, equities research analysts predict that Supreme Industries will post $1.15 earnings per share for the current year.

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A number of large investors have recently modified their holdings of the stock. Royce & Associates LP increased its stake in shares of Supreme Industries by 83.9% in the second quarter. Royce & Associates LP now owns 2,309,426 shares of the consumer goods maker’s stock worth $37,990,000 after buying an additional 1,053,747 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Supreme Industries by 0.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,048,449 shares of the consumer goods maker’s stock worth $17,247,000 after buying an additional 3,994 shares during the period. First Manhattan Co. increased its stake in shares of Supreme Industries by 13.8% in the second quarter. First Manhattan Co. now owns 641,081 shares of the consumer goods maker’s stock worth $10,545,000 after buying an additional 77,512 shares during the period. Vanguard Group Inc. increased its stake in shares of Supreme Industries by 1.4% in the second quarter. Vanguard Group Inc. now owns 553,796 shares of the consumer goods maker’s stock worth $9,110,000 after buying an additional 7,650 shares during the period. Finally, Northern Trust Corp increased its stake in shares of Supreme Industries by 11.2% in the second quarter. Northern Trust Corp now owns 164,637 shares of the consumer goods maker’s stock worth $2,708,000 after buying an additional 16,537 shares during the period.

About Supreme Industries

Supreme Industries, Inc (Supreme) is a manufacturer of specialized vehicles, including truck bodies and specialty vehicles. The Company operates through two segments: specialized commercial vehicles and fiberglass products. The Company manufactures specialized commercial vehicles that are attached to a truck chassis.

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