SPAR (US:SGRP) ZACKSยท2024-06-18 14:01Core Insights - SPAR Group's shares have returned +9.5% over the past month, outperforming the S&P 500 composite's +3.3% and the Zacks Business - Services industry's -1.6% [1] Earnings Estimates Revisions - For the current quarter, SPAR Group is expected to post break-even earnings per share, reflecting a -100% change from the year-ago quarter, with the Zacks Consensus Estimate also changing -100% over the last 30 days [4] - The consensus earnings estimate for the next fiscal year is $0.12, indicating a -61.3% change from the previous year's expectations, with no change in the estimate over the past month [5] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $44 million, representing a -33.3% year-over-year change. For the current and next fiscal years, sales estimates are $193.7 million and $172 million, indicating -26.3% and -11.2% changes, respectively [8] - SPAR Group reported revenues of $68.69 million in the last quarter, showing a +6.7% year-over-year change, with EPS of $0.06 remaining unchanged from the previous year [9] Performance and Valuation - Over the last four quarters, SPAR Group surpassed consensus EPS estimates three times and topped revenue estimates two times [10] - The current consensus earnings estimate for the fiscal year is $0.31, reflecting a +47.6% change from the prior year, with no change in the estimate over the last 30 days [14] - SPAR Group is graded A in valuation metrics, indicating it is trading at a discount to its peers [20] Market Position - SPAR Group is currently on Zacks.com's list of the most searched stocks, suggesting increased interest that could influence its performance [2] - The Zacks Rank 2 (Buy) indicates that SPAR Group may outperform the broader market in the near term [15][21]