SPAR Group, Inc. (SGRP) Beats Stock Market Upswing: What Investors Need to Know

Group 1 - SPAR Group, Inc. closed at $2.48, with a +1.64% change from the previous session, outperforming the S&P 500's daily gain of 0.9% [1] - The company's shares gained 1.67% over the previous month, underperforming the Business Services sector and S&P 500, both of which gained 3.15% [1] Group 2 - The upcoming earnings report is expected to show an EPS of $0.02, unchanged from the same quarter last year, with a forecasted revenue of $42 million, indicating a 37.62% decline year-over-year [2] - For the entire fiscal year, earnings are projected at $0.46 per share, a +119.05% change, while revenue is expected to be $207 million, reflecting a -21.22% change from the prior year [3] Group 3 - Recent changes in analyst estimates are crucial as they reflect near-term business trends, with upward revisions indicating analysts' positivity towards the company's operations [4] - The Zacks Rank system, which assesses estimate changes, currently ranks SPAR Group, Inc. at 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [6] Group 4 - SPAR Group, Inc. has a Forward P/E ratio of 5.3, significantly lower than the industry average of 17.21, suggesting the company is trading at a discount [7] - The Business Services industry, to which SPAR Group belongs, has a Zacks Industry Rank of 190, placing it in the bottom 25% of over 250 industries [7]