SPAR Group, Inc. (SGRP) closed the latest trading day at $2.48, indicating a +1.64% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.9%. On the other hand, the Dow registered a gain of 0.81%, and the technology-centric Nasdaq increased by 1.22%. Shares of the company witnessed a gain of 1.67% over the previous month, trailing the performance of the Business Services sector with its gain of 3.15% and the S&P 500's gain of 3.15%. The investment com ...

Toronto, Canada, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Apollo Technology Capital Corp. ("Apollo Capital" or "we"), today expressed its concerns about the proposed take-private of SPAR Group, Inc. (NASDAQ: SGRP) ("SPAR") by Highwire Capital ("Highwire"), a middle-market private equity firm focused on performing leveraged buy-outs, and discloses the intent of its Chairman and CEO, a stockholder of SPAR, to vote against the transaction at the upcoming special meeting of SPAR stockholders. Apollo Capital contends t ...

The most recent trading session ended with SPAR Group, Inc. (SGRP) standing at $2.44, reflecting a +0.41% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.17%. Elsewhere, the Dow lost 0.44%, while the tech-heavy Nasdaq lost 0.04%. The company's shares have seen an increase of 1.67% over the last month, surpassing the Business Services sector's gain of 1.44% and the S&P 500's gain of 1.25%. Market participants will be closely following the financial results of ...

The most recent trading session ended with SPAR Group, Inc. (SGRP) standing at $2.41, reflecting no shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.25% for the day. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.56%. The company's shares have seen an increase of 54.49% over the last month, surpassing the Business Services sector's gain of 3.75% and the S&P 500's gain of 1.65%. Analysts a ...

Company Performance - SPAR Group, Inc. closed at $2.40, with no change from the previous day, while the S&P 500, Dow, and Nasdaq experienced losses of 0.29%, 0.25%, and 0.31% respectively [1] - Over the past month, SPAR Group's shares have appreciated by 40.35%, significantly outperforming the Business Services sector's gain of 4.82% and the S&P 500's gain of 1.57% [1] Earnings Projections - The upcoming earnings report for SPAR Group is projected to show earnings per share (EPS) of $0.02, indicating no change from the same quarter last year, while revenue is expected to be $42 million, reflecting a 37.62% drop compared to the year-ago quarter [2] - For the full year, the Zacks Consensus Estimates project earnings of $0.46 per share and revenue of $207 million, representing changes of +119.05% and -21.22% respectively from the previous year [3] Analyst Estimates and Valuation - Recent adjustments to analyst estimates for SPAR Group are important as they indicate the changing nature of near-term business trends, with positive revisions suggesting analysts' confidence in the company's performance [4] - The Zacks Rank system, which assesses stocks from 1 (Strong Buy) to 5 (Strong Sell), currently ranks SPAR Group at 3 (Hold), with the Zacks Consensus EPS estimate remaining stagnant over the past month [6] - SPAR Group's Forward P/E ratio is 5.22, which is a discount compared to the industry's average Forward P/E of 18.59 [7] Industry Context - The Business Services industry, which includes SPAR Group, has a Zacks Industry Rank of 144, placing it within the bottom 44% of over 250 industries [7] - Research indicates that industries in the top 50% rated by Zacks outperform those in the bottom half by a factor of 2 to 1 [8]

Group 1 - Monteverde & Associates PC is investigating SPAR Group, Inc. regarding its proposed merger with Highwire Capital, where SGRP stock will convert to $2.50 cash per share [1] - Monteverde & Associates PC has been recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report, indicating its successful track record in recovering money for shareholders [1] - The firm operates from the Empire State Building in New York City and specializes in class action securities litigation [2][3] Group 2 - The firm encourages shareholders with concerns about SPAR Group, Inc. to contact them for additional information free of charge [3] - Monteverde & Associates PC emphasizes that no company, director, or officer is above the law, reinforcing their commitment to shareholder rights [3]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill their growth potential is challenging due to associated risks and volatility [1] Group 1: Company Overview - SPAR Group, Inc. (SGRP) is recommended as a cutting-edge growth stock based on its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 23.2%, with projected EPS growth of 119% this year, significantly surpassing the industry average of 10.4% [4] Group 2: Financial Metrics - SPAR Group's year-over-year cash flow growth is 18.8%, exceeding the industry average of 6.2% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 18.4%, compared to the industry average of 7.7% [6] Group 3: Earnings Estimates - The current-year earnings estimates for SPAR Group have increased by 166.7% over the past month, indicating a positive trend in earnings estimate revisions [7] - SPAR Group has achieved a Growth Score of B and a Zacks Rank 2 due to positive earnings estimate revisions, suggesting it is a solid choice for growth investors [8]

Company Overview - SPAR Group, Inc. is part of the Business Services sector, which includes 317 individual stocks and currently holds a Zacks Sector Rank of 5 [2] - The Zacks Rank system highlights stocks with characteristics that are likely to outperform the market over the next one to three months, with SPAR Group, Inc. currently holding a Zacks Rank of 2 (Buy) [3] Earnings Performance - The Zacks Consensus Estimate for SPAR Group's full-year earnings has increased by 166.7% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - Year-to-date, SPAR Group, Inc. has seen a performance increase of approximately 136.6%, significantly outperforming the average gain of 11.4% in the Business Services sector [4] Industry Comparison - SPAR Group, Inc. belongs to the Business - Services industry, which consists of 24 individual stocks and currently ranks 86 in the Zacks Industry Rank; this industry has experienced a loss of about 2.8% year-to-date, indicating that SPAR Group is performing better than its peers [6] - In contrast, Hudson Global, another stock in the Business Services sector, belongs to the Outsourcing industry, which has gained 14.2% year-to-date and also holds a Zacks Rank of 2 (Buy) [6][5] Investment Outlook - Both SPAR Group, Inc. and Hudson Global are expected to continue their solid performance, making them noteworthy options for investors interested in Business Services stocks [7]

Core Viewpoint - The article emphasizes the importance of value investing and highlights SPAR Group (SGRP) as a strong value stock based on its financial metrics and Zacks ranking system [2][4][6] Group 1: Value Investing - Value investing is a popular strategy that utilizes fundamental analysis to identify undervalued companies [2] - Zacks has developed a Style Scores system to identify stocks with specific traits, particularly for value investors [3] Group 2: SPAR Group (SGRP) Metrics - SGRP has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential as a value stock [4][6] - The Forward P/E ratio of SGRP is 13.19, significantly lower than the industry average of 19.81, suggesting it may be undervalued [4] - SGRP's P/B ratio is 1.90, which is also lower than the industry's average P/B of 3.35, further indicating potential undervaluation [5] - Over the past year, SGRP's Forward P/E has fluctuated between 7.86 and 32.50, with a median of 15.64 [4] - SGRP's P/B has ranged from 0.51 to 1.90, with a median of 0.61, showing variability in its valuation [5]

U.S. stocks traded lower toward the end of trading, with the S&P 500 falling around 2% on Tuesday. The Dow traded down 1.49% to 40,944.47 while the NASDAQ fell 3.07% to 17,169.68. The S&P 500 also fell, dropping, 2% to 5,535.29. Check This Out: Dow Hits Record High, S&P 500 Gains For 4th Consecutive Month: Fear Index In 'Greed' Zone Leading and Lagging Sectors Consumer staples shares climbed by 1% on Tuesday. In trading on Tuesday, information technology shares fell by 3.7%. Top Headline U.S. construction s ...