Core Viewpoint - SPAR Group, Inc. is experiencing a decline in share price and is expected to report lower earnings in the upcoming earnings disclosure, indicating potential challenges ahead for the company [1][2]. Company Performance - SPAR Group, Inc. closed at $1.03, down 1.91% from the previous trading session, underperforming compared to the S&P 500's gain of 0.8% [1]. - Prior to the recent trading day, the company's shares had gained 1.45%, which was better than the Business Services sector's loss of 0.89% but lagged behind the S&P 500's gain of 5.12% [1]. Earnings Forecast - Analysts forecast an EPS of $0.03 for SPAR Group, reflecting a 50% decrease from the same quarter last year [2]. - For the entire year, Zacks Consensus Estimates predict earnings of $0.12 per share and revenue of $0 million, indicating no change compared to the previous year [2]. Analyst Revisions - Recent revisions to analyst forecasts for SPAR Group, Inc. are important as they reflect short-term business trends, with positive revisions being a good sign for the business outlook [3]. Valuation Metrics - SPAR Group, Inc. has a Forward P/E ratio of 8.75, which is significantly lower than the industry average Forward P/E of 20.41, indicating a valuation discount [6]. - The Business Services industry, to which SPAR Group belongs, ranks in the top 27% of all industries according to the Zacks Industry Rank [6]. Zacks Rank - SPAR Group, Inc. currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5]. - The Zacks Rank system has a strong track record, with stocks rated 1 (Strong Buy) producing an average annual return of +25% since 1988 [5].
SPAR Group, Inc. (SGRP) Stock Sinks As Market Gains: Here's Why