SPAR (US:SGRP) ZACKS·2024-11-19 15:00Core Viewpoint - SPAR Group, Inc. has experienced a significant decline in stock performance, with a return of -11.6% over the past month, contrasting with the S&P 500's +0.6% and the Business - Services industry's +0.1% [1] Earnings Estimates - SPAR Group is expected to report earnings of $0.02 per share for the current quarter, reflecting a year-over-year decrease of -81.8% [4] - The consensus earnings estimate for the current fiscal year stands at $0.46, indicating a year-over-year increase of +119.1% [4] - For the next fiscal year, the consensus estimate is $0.12, representing a decline of -73.9% compared to the previous year [5] - Over the last 30 days, the earnings estimates have remained unchanged [4][5] Revenue Projections - The consensus sales estimate for the current quarter is $39 million, which shows a year-over-year decline of -40.1% [8] - For the current fiscal year, the sales estimate is $207 million, indicating a decrease of -21.2%, while the next fiscal year's estimate is $172 million, reflecting a -16.9% change [8] Recent Performance - In the last reported quarter, SPAR Group generated revenues of $37.79 million, a year-over-year decline of -43.9% [9] - The reported revenues were below the Zacks Consensus Estimate of $42 million, resulting in a revenue surprise of -10.03% [10] - The company has surpassed consensus EPS estimates two times and revenue estimates three times over the last four quarters [10] Valuation Metrics - SPAR Group is graded A in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [14] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is overvalued, fairly valued, or undervalued [12][13] Overall Outlook - The Zacks Rank for SPAR Group is 3 (Hold), suggesting that the stock may perform in line with the broader market in the near term [6][15]