SPAR Group, Inc. (SGRP) Registers a Bigger Fall Than the Market: Important Facts to Note

Company Performance - SPAR Group, Inc. (SGRP) experienced a decline of 2.66% in its stock price, closing at $1.10, which was less than the S&P 500's daily loss of 0.13% [1] - Over the past month, SPAR Group's shares appreciated by 15.31%, outperforming the Business Services sector's loss of 0.51% and the S&P 500's gain of 3.39% [1] Earnings Estimates - For the upcoming earnings disclosure, Zacks Consensus Estimates project earnings of $0.12 per share and revenue of $0 million, indicating no change from the previous year [2] - Recent changes to analyst estimates for SPAR Group suggest a positive outlook, reflecting analyst optimism regarding the company's business and profitability [3] Zacks Rank and Valuation - SPAR Group currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining stagnant over the past 30 days [5] - The company has a Forward P/E ratio of 9.42, which is a discount compared to its industry's Forward P/E of 18.33 [6] - The Business Services industry, which includes SPAR Group, has a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [6]