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Superior Industries International Inc   (SUP)
Other Ticker:  
 
 
Price: $3.3700 $-0.09 -2.601%
Day's High: $3.46 Week Perf: 4.01 %
Day's Low: $ 3.36 30 Day Perf: 0.9 %
Volume (M): 81 52 Wk High: $ 7.38
Volume (M$): $ 271 52 Wk Avg: $3.64
Open: $3.43 52 Wk Low: $2.49



 Market Capitalization (Millions $) 85
 Shares Outstanding (Millions) 25
 Employees 3,050
 Revenues (TTM) (Millions $) 1,477
 Net Income (TTM) (Millions $) -74
 Cash Flow (TTM) (Millions $) 55
 Capital Exp. (TTM) (Millions $) 41

Superior Industries International Inc

The principal business of Superior Industries International, Inc. is the design and manufacture of aluminum wheels for sale to original equipment manufacturers ("OEMs"). We are one of the largest suppliers of cast aluminum wheels to the worlds leading automobile and light truck manufacturers, with wheel manufacturing operations in the United States and Mexico. Products made in our North American facilities are delivered primarily to automotive assembly operations in North America for global OEMs. Our OEM aluminum wheels primarily are sold for factory installation, as either optional or standard equipment, on many vehicle models manufactured by BMW, Fiat Chrysler Automobiles N.V. ("FCA"), Ford, General Motors ("GM"), Mitsubishi, Nissan, Subaru, Tesla, Toyota and Volkswagen.

We have gone through a transformation over the last several years as we have shifted our manufacturing base from higher cost to lower cost sources. With the diversification and increased demands for more customized premium wheels, we have made investments in engineering and design. With these investments, we are enhancing our capabilities to become a leader in premium wheels. We have doubled the wheel finishes that we offer in the last couple of years and we have developed patents, which is all part of our strategic evolution to become a competitive full line manufacturer of aluminum wheels. Another part of our evolution was to move our corporate office to Southfield, Michigan to be closer to many of our customers so we can further strengthen relationships and partner with them to design world class products. With the addition of our new facility in Mexico we have expanded our manufacturing capacity to allow for growth in the next couple of years. We continue to explore and implement operating improvements to further expand manufacturing capacity with relatively low capital investment. We are also investigating acquisition opportunities to further enhance the value and drive the growth of our business. The charts below show our major customers and our manufacturing capacity by headcount split between lower cost and higher cost sourced labor.


Our industry is mainly driven by production levels in North America and to a much lesser extent in South America. The North American production level, in 2015, was 17.4 million vehicles, a 3 percent, or 0.5 million unit, increase over 2014. We track annual production rates based on information from Wards Automotive Group. The North American annual production levels of automobiles and light-duty trucks (including SUVs, vans and "crossover vehicles") continue the trend of growth since the 2009 recession. Current economic conditions, low consumer interest rates and relatively inexpensive gas prices have been generally supportive of market growth and, in addition, the relatively high average age of vehicles on the road appears to be contributing to higher rates of vehicle replacement.



   Company Address: 26600 Telegraph Road Southfield 48033 MI
   Company Phone Number: 352-7300   Stock Exchange / Ticker: NYSE SUP
   SUP is expected to report next financial results on March 01, 2024.


Customers Net Income grew by SUP's Customers Net Profit Margin grew to

20.31 %

7.9 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
DAN   -1.76%    
AA   -4.88%    
NPO        0.35% 
TWI   -0.98%    
WOR   -0.53%    
XPL        3.64% 
• View Complete Report
   



Superior Industries International Inc

Superior Industries International Inc Faces Uphill Battle in Q3 2023: Revenue Plummets and Losses Skyrocket



Superior Industries International Inc, an Auto & Truck Parts company, faced significant challenges in the third quarter of 2023 as weak orders led to increased losses and a decline in revenue. While the Auto & Truck Parts industry as a whole recorded positive growth, Superior Industries International Inc experienced a substantial setback. This article aims to outline the key financial results and provide an interpretation of their implications.
1. Revenue Decline and Losses:
a. In the July to September quarter of 2023, Superior Industries International Inc witnessed a decline in revenue by -20.565%, from $405.73 million in the previous year to $322.29 million.
b. The company suffered a drastic increase in losses, with a shortfall per share of $-3.42, compared to $-0.35 in the same period last year.
c. This downturn in financial performance contradicts the positive 7.02% growth observed in the Auto & Truck Parts industry during Q3 2023.
d. Additionally, there was a -13.371% decline in revenue from the previous quarter, dropping from $372.03 million to $322.29 million.

Superior Industries International Inc

Superior Industries Records Larger Deficit for 2023 Amid Challenging Financial Situations: Sharp Declines in Revenue Reported

Superior Industries International Inc, a leading Auto & Truck Parts company, has recently reported its financial results for the time-frame ending June 30, 2023. The company experienced diminishing returns, with a decline of $-0.35 per share compared to $0.07 per share in the previous year. However, there is some positive news as well, as the EPS improved from $-0.49 per share in the prior quarter.
One of the major concerns for Superior Industries International Inc was the decline in revenue. The company witnessed a respectable decline of -13.788% in revenue, which amounted to $372.03 million compared to $431.53 million in the same quarter the previous year. Sequentially, the revenue decreased by -2.345% from $380.97 million.

Superior Industries International Inc

Superior Industries International Inc Hit with Massive $3.30 Million Tax Charge

Superior Industries International Inc. is an American company based in Southfield, Michigan that designs, manufactures, and sells aluminum wheels for original equipment manufacturers (OEMs) and aftermarket customers. The company operates in two business segments: OEM Wheels and European Aftermarket.
The company has recently reported a lower revenue in the January to March 31 2023 time-frame, which has led to a deficit. Revenue has decreased by -4.884% to $380.97 million, compared to $402.12 million in the preceding reporting period. The deficit per share was $-0.49, in contrast to $0.04 per share realized in the reporting period a year ago.






 

Superior Industries International Inc's Segments
 
 
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