Superior Industries International (NYSE:SUP) was downgraded by equities researchers at BWS Financial from a “buy” rating to a “hold” rating in a research report issued on Friday, Marketbeat.com reports. They presently have a $10.00 target price on the auto parts company’s stock. BWS Financial’s target price would suggest a potential upside of 37.17% from the company’s current price.

SUP has been the subject of several other reports. Barrington Research set a $15.00 price objective on Superior Industries International and gave the stock a “buy” rating in a research report on Thursday, October 25th. ValuEngine downgraded Superior Industries International from a “buy” rating to a “hold” rating in a research report on Wednesday, September 12th. Zacks Investment Research upgraded Superior Industries International from a “sell” rating to a “hold” rating in a research report on Monday, July 23rd. Buckingham Research lifted their price objective on Superior Industries International from $18.00 to $24.00 and gave the stock a “neutral” rating in a research report on Monday, August 13th. Finally, B. Riley cut their price objective on Superior Industries International from $33.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, October 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. Superior Industries International presently has an average rating of “Hold” and an average price target of $18.20.

SUP stock opened at $7.29 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.33 and a quick ratio of 1.31. Superior Industries International has a 12-month low of $6.91 and a 12-month high of $22.95. The company has a market cap of $243.69 million, a PE ratio of 12.82 and a beta of 1.83.

Superior Industries International (NYSE:SUP) last issued its quarterly earnings data on Friday, November 9th. The auto parts company reported ($0.29) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.35) by $0.06. Superior Industries International had a return on equity of 10.77% and a net margin of 1.12%. The firm had revenue of $347.60 million during the quarter, compared to the consensus estimate of $346.65 million. During the same period in the previous year, the firm posted ($0.22) EPS. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, analysts forecast that Superior Industries International will post 0.1 earnings per share for the current year.

Institutional investors have recently modified their holdings of the stock. Legal & General Group Plc grew its stake in Superior Industries International by 6.7% in the 2nd quarter. Legal & General Group Plc now owns 46,437 shares of the auto parts company’s stock worth $837,000 after acquiring an additional 2,929 shares during the period. First Trust Advisors LP grew its stake in Superior Industries International by 18.5% in the 2nd quarter. First Trust Advisors LP now owns 26,355 shares of the auto parts company’s stock worth $472,000 after acquiring an additional 4,106 shares during the period. Principal Financial Group Inc. grew its stake in Superior Industries International by 2.4% in the 1st quarter. Principal Financial Group Inc. now owns 177,544 shares of the auto parts company’s stock worth $2,361,000 after acquiring an additional 4,212 shares during the period. Wells Fargo & Company MN grew its stake in Superior Industries International by 7.7% in the 1st quarter. Wells Fargo & Company MN now owns 95,870 shares of the auto parts company’s stock worth $1,275,000 after acquiring an additional 6,891 shares during the period. Finally, Bank of Montreal Can grew its stake in Superior Industries International by 753.9% in the 3rd quarter. Bank of Montreal Can now owns 9,222 shares of the auto parts company’s stock worth $157,000 after acquiring an additional 8,142 shares during the period. Hedge funds and other institutional investors own 84.53% of the company’s stock.

Superior Industries International Company Profile

Superior Industries International, Inc designs, manufactures, and sells aluminum wheels to the original equipment manufacturers in North America. It supplies cast aluminum wheels to the automobile and light truck manufacturers. The company was founded in 1957 and is headquartered in Southfield, Michigan.

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