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NASDAQ:SGRP

SPAR Group (SGRP) Stock Price, News & Analysis

$2.40
-0.01 (-0.41%)
(As of 09/20/2024 ET)

About SPAR Group Stock (NASDAQ:SGRP)

Key Stats

Today's Range
$2.40
$2.42
50-Day Range
$1.45
$2.41
52-Week Range
$0.70
$3.12
Volume
160,567 shs
Average Volume
233,891 shs
Market Capitalization
$56.21 million
P/E Ratio
5.85
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

SPAR Group, Inc., together with its subsidiaries, provides merchandising and brand marketing services in the Americas, the Asia-Pacific, Europe, Middle East, and Africa. The company offers merchandising and marketing services, such as resets and cut-ins; price and inventory audits; stock replenishment and rotation services; out of stock management; promotional event setup; and display management, as well as category management and set up services comprising category and product resets; planogram maintenance; display and shelf services; and point of purchase installation and management. It also provides remodel and retail transformation consisting of store remodels, store department resets, fixture and banner installations, pop-up store services, and store closings; and assembly and installation services, including assembly of merchandise in stores, in-store services, office setup/down-sizing services, and national in-home furniture assembly services. In addition, the company offers business analytics and insights services, such as product dashboards, stock out reporting, visit reporting, real-time service insights, and share of shelf analytics; and fulfillment and distribution services comprising distribution center staffing, point of purchase fulfillment services, kiosk prep, returns processing, picking and packing services, and inventory services. The company serves mass merchandisers; HBAs; pharmacies; and grocery, discount, dollar, convenience, cash and carry, home improvement, consumer electronics, automotive aftermarket, office supply, personal technology, beverage, household products, consumables, financial products, and independent stores. SPAR Group, Inc. was founded in 1967 and is headquartered in Auburn Hills, Michigan.

SPAR Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 66th Percentile

SPAR Group scored higher than 66% of companies evaluated by MarketBeat, and ranked 110th out of 343 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for SPAR Group are expected to grow by 33.33% in the coming year, from $0.09 to $0.12 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of SPAR Group is 5.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.19.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of SPAR Group is 5.85, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 25.83.

  • Price to Book Value per Share Ratio

    SPAR Group has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about SPAR Group's valuation and earnings.
  • Percentage of Shares Shorted

    0.26% of the float of SPAR Group has been sold short.
  • Short Interest Ratio / Days to Cover

    SPAR Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in SPAR Group has recently decreased by 57.01%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    SPAR Group does not currently pay a dividend.

  • Dividend Growth

    SPAR Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.26% of the float of SPAR Group has been sold short.
  • Short Interest Ratio / Days to Cover

    SPAR Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in SPAR Group has recently decreased by 57.01%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    SPAR Group has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
  • Search Interest

    Only 2 people have searched for SGRP on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, SPAR Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    59.66% of the stock of SPAR Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 9.57% of the stock of SPAR Group is held by institutions.

  • Read more about SPAR Group's insider trading history.
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SGRP Stock News Headlines

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See More Headlines

SGRP Stock Analysis - Frequently Asked Questions

SPAR Group's stock was trading at $1.01 at the start of the year. Since then, SGRP stock has increased by 137.6% and is now trading at $2.40.
View the best growth stocks for 2024 here
.

SPAR Group, Inc. (NASDAQ:SGRP) issued its earnings results on Wednesday, August, 14th. The business services provider reported $0.15 EPS for the quarter. The business services provider earned $57.29 million during the quarter, compared to analyst estimates of $44 million. SPAR Group had a trailing twelve-month return on equity of 12.27% and a net margin of 4.90%.

SPAR Group's top institutional shareholders include Nantahala Capital Management LLC (2.72%), Renaissance Technologies LLC (0.51%), Dimensional Fund Advisors LP (0.12%) and IAM Advisory LLC (0.06%). Insiders that own company stock include Williams H Bartels, Robert G/ Brown and Spar Business Services Inc.
View institutional ownership trends
.

Shares of SGRP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that SPAR Group investors own include Carnival Co. & (CCL), Dynavax Technologies (DVAX), Tenax Therapeutics (TENX), Acasti Pharma (ACST), Yamana Gold (AUY), Town Sports International (CLUB) and Gilead Sciences (GILD).

Company Calendar

Last Earnings
8/14/2024
Today
9/20/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Current Symbol
NASDAQ:SGRP
Employees
24,288
Year Founded
N/A

Profitability

Net Income
$3.90 million
Pretax Margin
6.71%

Debt

Sales & Book Value

Annual Sales
$258.42 million
Cash Flow
$0.34 per share
Book Value
$1.73 per share

Miscellaneous

Free Float
9,816,000
Market Cap
$58.40 million
Optionable
Not Optionable
Beta
0.67
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This page (NASDAQ:SGRP) was last updated on 9/20/2024 by MarketBeat.com Staff
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