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) Flat As Market Gains: What You Should Know
Read MoreHide Full Article
SPAR Group, Inc. (SGRP - Free Report) closed the latest trading day at $1.37, indicating no change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1.77%. On the other hand, the Dow registered a gain of 1.42%, and the technology-centric Nasdaq increased by 2.28%.
Shares of the company have depreciated by 24.73% over the course of the past month, underperforming the Business Services sector's loss of 7.87% and the S&P 500's loss of 5.73%.
The investment community will be paying close attention to the earnings performance of SPAR Group, Inc. in its upcoming release. The company is forecasted to report an EPS of $0.02, showcasing an 81.82% downward movement from the corresponding quarter of the prior year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for SPAR Group, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, SPAR Group, Inc. is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, SPAR Group, Inc. is holding a Forward P/E ratio of 11.42. This expresses a discount compared to the average Forward P/E of 16.04 of its industry.
The Business - Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 175, this industry ranks in the bottom 31% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SGRP in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
SPAR Group, Inc. (SGRP) Flat As Market Gains: What You Should Know
SPAR Group, Inc. (SGRP - Free Report) closed the latest trading day at $1.37, indicating no change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1.77%. On the other hand, the Dow registered a gain of 1.42%, and the technology-centric Nasdaq increased by 2.28%.
Shares of the company have depreciated by 24.73% over the course of the past month, underperforming the Business Services sector's loss of 7.87% and the S&P 500's loss of 5.73%.
The investment community will be paying close attention to the earnings performance of SPAR Group, Inc. in its upcoming release. The company is forecasted to report an EPS of $0.02, showcasing an 81.82% downward movement from the corresponding quarter of the prior year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for SPAR Group, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, SPAR Group, Inc. is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, SPAR Group, Inc. is holding a Forward P/E ratio of 11.42. This expresses a discount compared to the average Forward P/E of 16.04 of its industry.
The Business - Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 175, this industry ranks in the bottom 31% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SGRP in the coming trading sessions, be sure to utilize Zacks.com.