We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
SPAR Group, Inc. (SGRP) Gains As Market Dips: What You Should Know
Read MoreHide Full Article
The latest trading session saw SPAR Group, Inc. (SGRP - Free Report) ending at $1.32, denoting a +1.15% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 1.07%. At the same time, the Dow lost 0.62%, and the tech-heavy Nasdaq lost 1.71%.
Prior to today's trading, shares of the company had lost 33.33% over the past month. This has lagged the Business Services sector's loss of 9.45% and the S&P 500's loss of 7.03% in that time.
The investment community will be paying close attention to the earnings performance of SPAR Group, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.02, reflecting an 81.82% decrease from the same quarter last year.
Investors might also notice recent changes to analyst estimates for SPAR Group, Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, SPAR Group, Inc. holds a Zacks Rank of #3 (Hold).
In terms of valuation, SPAR Group, Inc. is presently being traded at a Forward P/E ratio of 10.83. This indicates a discount in contrast to its industry's Forward P/E of 15.84.
The Business - Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 159, which puts it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
SPAR Group, Inc. (SGRP) Gains As Market Dips: What You Should Know
The latest trading session saw SPAR Group, Inc. (SGRP - Free Report) ending at $1.32, denoting a +1.15% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 1.07%. At the same time, the Dow lost 0.62%, and the tech-heavy Nasdaq lost 1.71%.
Prior to today's trading, shares of the company had lost 33.33% over the past month. This has lagged the Business Services sector's loss of 9.45% and the S&P 500's loss of 7.03% in that time.
The investment community will be paying close attention to the earnings performance of SPAR Group, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.02, reflecting an 81.82% decrease from the same quarter last year.
Investors might also notice recent changes to analyst estimates for SPAR Group, Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, SPAR Group, Inc. holds a Zacks Rank of #3 (Hold).
In terms of valuation, SPAR Group, Inc. is presently being traded at a Forward P/E ratio of 10.83. This indicates a discount in contrast to its industry's Forward P/E of 15.84.
The Business - Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 159, which puts it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.