SPAR Group - SGRP Stock Forecast, Price & News

SPAR Group, Inc., together with its subsidiaries, provides merchandising and brand marketing services worldwide. The company offers syndicated and dedicated merchandising services at the retail store level for retailers, manufacturers, and distributors; and project services, such as new product launches, special seasonal or promotional merchandising, product support, product recalls, and in-store product demonstrations and in-store product sampling, as well as kiosk product replenishment, inventory control, new and existing store resets, re-merchandising, remodels and category implementations, and under annual or stand-alone project contracts or agreements. It also provides retailer specific services consisting of in-store services, including new store openings, new store sets and existing store resets and remodels, and under annual or stand-alone project contracts or agreements. In addition, the company assembles furniture, grills, and other products in stores, homes, and offices; performs ongoing routed coverage at retail locations; and offers in-home and in-office assembly to customers who purchase their product from retailers. Further, it provides staff and distribution center experienced resources to retailers and consumer goods manufacturers; offers retail compliance and price audit services initiated by retailers and manufacturers and focuses on validating store promotions, auditing compliance with branding and signage, verifying product placement and displays, collecting inventory levels, and out-of-stock status; and competitive price intelligence gathering for retailers, as well as ensuring price accuracy and consistency within the retail itself. The company serves grocery and drug, discount, dollar, convenience, cash and carry, home improvement, consumer electronics, automotive, and office supply stores; pharmacies; and mass merchandisers. SPAR Group, Inc. was founded in 1967 and is headquartered in Auburn Hills, Michigan.

SPAR Group Stock Performance

NASDAQ:SGRP opened at $1.25 on Friday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $27.20 million, a P/E ratio of -13.83 and a beta of 1.16. SPAR Group has a 12-month low of $1.00 and a 12-month high of $1.93. The firm has a 50-day moving average price of $1.16 and a two-hundred day moving average price of $1.23.

SPAR Group (NASDAQ:SGRP - Get Rating) last posted its quarterly earnings data on Monday, May 16th. The business services provider reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $58.99 million during the quarter. SPAR Group had a negative net margin of 0.80% and a positive return on equity of 3.86%.

Insider Buying and Selling at SPAR Group

In other news, Director Robert G/ Brown sold 100,000 shares of the business's stock in a transaction that occurred on Thursday, June 9th. The shares were sold at an average price of $1.23, for a total value of $123,000.00. Following the completion of the transaction, the director now directly owns 5,691,618 shares in the company, valued at approximately $7,000,690.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 49.80% of the company's stock.