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SPAR Group, Inc. (SGRP) Rises As Market Takes a Dip: Key Facts
SPAR SPAR (US:SGRP) ZACKSยท2024-11-04 23:56

Group 1 - SPAR Group, Inc. (SGRP) stock closed at $2.41, showing a +0.42% change from the previous day, outperforming the S&P 500, which fell by 0.28% [1] - Over the past month, SGRP shares have decreased by 3.23%, underperforming the Business Services sector's gain of 1.14% and the S&P 500's gain of 0.41% [1] Group 2 - Analysts expect SPAR Group, Inc. to report earnings of $0.02 per share, indicating no growth compared to the same quarter last year, with revenue projected at $42 million, down 37.62% year-over-year [2] - Full-year Zacks Consensus Estimates predict earnings of $0.46 per share and revenue of $207 million, reflecting year-over-year changes of +119.05% for earnings and -21.22% for revenue [3] Group 3 - Recent analyst estimate revisions for SPAR Group, Inc. suggest a positive outlook for the company's business trends, as these revisions are correlated with near-term share price momentum [4][3] - The Zacks Rank system, which evaluates estimate changes, currently ranks SPAR Group, Inc. as 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [5] Group 4 - SPAR Group, Inc. has a Forward P/E ratio of 5.22, which is significantly lower than the industry average Forward P/E of 19, indicating a valuation discount [6] - The Business Services industry, which includes SPAR Group, has a Zacks Industry Rank of 83, placing it in the top 33% of over 250 industries [6][7]