Is Trending Stock SPAR Group, Inc. (SGRP) a Buy Now?

Core Viewpoint - SPAR Group, Inc. has experienced a decline in stock performance over the past month, with a return of -7.1%, contrasting with the Zacks S&P 500 composite's increase of +3.5% and the Zacks Business - Services industry's gain of +6.4% [1] Earnings Estimate Revisions - The current quarter's earnings estimate for SPAR Group is projected at $0.02 per share, reflecting a significant decrease of -81.8$0.46, indicating a year-over-year increase of +119.1% [4] - For the next fiscal year, the consensus earnings estimate is $0.12, which represents a decline of -73.9$39 million, showing a year-over-year decrease of -40.1% [8] - Estimated revenues for the current and next fiscal years are $207 million and$172 million, indicating changes of -21.2% and -16.9%, respectively [8] Last Reported Results - In the last reported quarter, SPAR Group's revenues were $37.79 million, a year-over-year decline of -43.9$0.02 matches the EPS from the same period last year [9] - The company reported revenues that were -10.03% below the Zacks Consensus Estimate of $42 million [10] Valuation - SPAR Group has received an A grade in the Zacks Value Style Score, suggesting 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 fairly valued [12][13] Conclusion - The Zacks Rank 3 indicates that SPAR Group may perform in line with the broader market in the near term, despite the current market buzz [15]