SPAR Group, Inc. (SGRP) Ascends But Remains Behind Market: Some Facts to Note

Company Performance - SPAR Group, Inc. closed at $1.20, with a daily increase of +1.69%, underperforming the S&P 500's gain of 9.52% [1] - Over the past month, SPAR Group's shares have decreased by 13.04%, which is slightly better than the Business Services sector's loss of 12.29% and the S&P 500's loss of 13.47% [1] Earnings Expectations - Analysts expect SPAR Group to report earnings of$ 0.03 per share, indicating a year-over-year decline of 50% [2] Analyst Forecasts - Recent revisions to analyst forecasts for SPAR Group are important, as they reflect near-term business trends and analyst sentiment regarding the company's profitability [3] Valuation Metrics - SPAR Group is currently trading at a Forward P/E ratio of 9.83, which is a discount compared to the industry's average Forward P/E of 14.51 [6] Industry Ranking - The Business Services industry, which includes SPAR Group, holds a Zacks Industry Rank of 92, placing it in the top 38% of over 250 industries [6][7]