SGRP - SPAR Group Inc Stock Price, Fair Value and News

1.75USD-0.02 (-1.13%)Market Closed

Market Summary

USD1.75-0.02

Market Closed

-1.13%

SGRP Alerts

1 major insider sales recently.

SGRP Stock Price

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SGRP RSI Chart

SGRP Valuation

Market Cap

42.9M

Price/Earnings (Trailing)

9.34

Price/Sales (Trailing)

0.16

Price/Free Cashflow

6.28

SGRP Price/Sales (Trailing)

SGRP Profitability

Operating Margin

23.09%

Return on Equity

11.41%

Return on Assets

5.09%

Free Cashflow Yield

15.91%

SGRP Fundamentals

SGRP Revenue

Revenue (TTM)

262.7M

Rev. Growth (Yr)

0.7%

Rev. Growth (Qtr)

-3.32%

SGRP Earnings

Earnings (TTM)

4.6M

Earnings Growth (Yr)

146.07%

Earnings Growth (Qtr)

459.46%

Breaking Down SGRP Revenue

52 Week Range

0.911.78

(Low)(High)

Last 7 days

2.3%

Last 30 days

73.5%

Last 90 days

67.0%

Trailing 12 Months

38.3%

How does SGRP drawdown profile look like?

SGRP Financial Health

Current Ratio

1.57

Debt/Equity

0.02

Debt/Cashflow

7.4

SGRP Investor Care

Shares Dilution (1Y)

2.30%

Diluted EPS (TTM)

0.16

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	266.7M	264.8M	262.3M	262.7M
2022	253.6M	254.2M	256.6M	261.3M
2021	230.3M	246.5M	255.1M	255.7M
2020	257.1M	239.8M	232.2M	230.5M
2019	231.8M	240.8M	248.8M	252.9M
2018	196.1M	212.6M	222.2M	229.2M
2017	147.6M	160.6M	175.9M	181.4M
2016	116.6M	116.9M	122.1M	134.3M
2015	123.3M	121.8M	119.1M	119.3M
2014	115.0M	118.5M	121.8M	122.0M
2013	103.4M	106.4M	108.8M	112.0M
2012	78.2M	86.6M	94.3M	99.4M
2011	65.7M	68.3M	70.9M	73.5M
2010	0	0	0	63.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of SPAR Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	spar business services inc	sold	-206,252	1.37502	-150,000	-
Apr 01, 2024	brown robert g/	sold	-67,500	1.35	-50,000	-
Mar 18, 2024	spar business services inc	sold	-456	1.03	-443	-
Mar 13, 2024	brown robert g/	sold	-206	1.03	-200	-
Mar 13, 2024	brown robert g/	gifted	-	-	-90,000	-
Mar 11, 2024	brown robert g/	sold	-510	1.02	-500	-
Mar 10, 2024	calisto pato antonio	acquired	-	-	117,188	chief financial officer
Feb 27, 2024	spar business services inc	sold	-5,012	1.1	-4,557	-
Jan 11, 2024	bartels williams h	acquired	-	-	150,000	-
Jan 11, 2024	bartels williams h	sold	-	-	-150,000	-

Which funds bought or sold SGRP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	Koss-Olinger Consulting, LLC	sold off	-100	-16,000	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	0.1	5,777	121,838	-%
Feb 15, 2024	Nantahala Capital Management, LLC	added	100	929,215	1,775,960	0.05%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	reduced	-17.89	-16,078	99,687	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	new	-	6.00	6.00	-%
Feb 14, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	sold off	-100	-27,139	-	-%
Feb 14, 2024	RBF Capital, LLC	unchanged	-	41,933	903,031	0.06%
Feb 14, 2024	CITADEL ADVISORS LLC	reduced	-26.06	-8,940	30,868	-%

Are Funds Buying or Selling SGRP?

Are funds buying SGRP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SGRP

No. of Funds

SGRP Alerts

1 major insider sales recently.

Unveiling SPAR Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 17, 2021	brown robert g/	29.0%	6,156,918	SC 13D/A
May 14, 2021	bartels williams h	24.9%	5,288,693	SC 13D/A
Mar 11, 2020	bartels williams h	54.2%	11,465,611	SC 13D/A
Mar 11, 2020	brown robert g/	54.2%	11,445,611	SC 13D/A
Feb 11, 2020	brown robert g/	54.3%	11,445,611	SC 13D/A
Dec 26, 2019	brown robert g/	54.3%	11,445,611	SC 13D/A
Oct 18, 2019	bartels williams h	55.0%	11,465,611	SC 13D/A
Sep 13, 2019	brown robert g/	55.0%	11,465,611	SC 13D/A

Recent SEC filings of SPAR Group Inc

View All Filings

Date Filed	Form Type	Document
Apr 10, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	8-K	Current Report
Apr 02, 2024	8-K	Current Report
Apr 01, 2024	10-K	Annual Report
Mar 20, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading

Peers (Alternatives to SPAR Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	101.4B	18.6B	-0.31%	14.56%	28.5	5.46	7.76%	13.08%
CTAS	67.6B	9.4B	4.21%	45.50%	44.97	7.18	9.34%	15.98%
CPRT	52.2B	4.1B	-5.42%	38.27%	38.49	12.86	10.52%	25.37%
EFX	27.7B	5.4B	-15.03%	11.71%	49.74	5.18	5.76%	-4.95%
BAH	18.9B	10.3B	-1.12%	51.29%	46.26	1.83	13.90%	-5.05%
ALLE	11.1B	3.7B	-5.34%	23.09%	20.57	3.04	11.58%	17.98%
MID-CAP
RHI	7.5B	6.4B	-10.08%	-1.85%	18.3	1.18	-11.68%	-37.51%
AL	5.7B	2.7B	5.63%	30.86%	9.21	2.11	15.87%	733.47%
SRCL	4.7B	2.7B	-3.97%	19.05%	-218.73	1.75	-1.68%	-137.70%
ABM	2.8B	8.2B	2.27%	6.00%	10.98	0.35	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	6.33%	110.13%	21.53	0.69	104.63%	175.67%
ALTG	385.5M	1.9B	-7.84%	-16.60%	43.31	0.21	19.40%	-4.30%
ARC	114.6M	281.2M	1.12%	-11.48%	13.92	0.41	-1.68%	-25.77%
AQMS	58.2M	1.1M	8.33%	-54.78%	-2.43	49.78	336.95%	-55.13%
AWX	8.8M	80.5M	-6.61%	-18.12%	-4.9	0.11	-0.82%	-207.00%

SPAR Group Inc News

Latest updates

SPAR Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-3.3%	65,098	67,333	65,936	64,380	64,643	69,832	67,799	58,994	60,023	67,423	67,176	61,097	59,360	58,865	50,944	61,348	61,053	66,440	68,223	57,160	57,000
Cost Of Revenue	-4.8%	49,835	52,332	51,158	48,745	49,647	54,457	52,330	45,018	47,927	52,704	53,191	46,974	47,850	46,849	41,072	49,560	49,013	53,929	54,159	46,525	44,750
Gross Profit	11.2%	14,873	13,373	13,096	14,138	13,393	12,840	12,948	11,831	10,647	12,610	12,006	12,259	11,511	12,016	9,872	11,788	12,041	12,511	14,064	10,635	12,250
S&GA Expenses	0.4%	11,328	11,284	10,605	10,456	11,183	10,614	10,084	9,254	8,757	9,426	9,585	9,011	8,050	8,145	7,370	9,771	10,230	8,940	9,306	8,394	11,799
Interest Expenses	164.5%	1,029	389	488	425	462	332	244	162	208	166	168	159	227	96.00	-	-	-	-	-	-	-
Income Taxes	142.7%	551	227	538	1,041	835	676	715	551	73.00	549	621	865	-1,517	870	624	335	833	760	1,428	558	1,067
Net Income	459.5%	1,449	259	1,106	1,777	-3,145	-32.00	1,614	1,455	-5,131	1,180	1,132	1,781	-1,675	1,144	1,305	922	-1,478	907	2,807	1,036	-1,016
Net Income Margin	158945.5%	0.02*	0.00*	0.00*	0.00*	0.00*	-0.01*	0.00*	-0.01*	0.00*	0.01*	0.01*	0.01*	0.01*	-	-	-	-	-	-	-	-
Free Cashflow	201.5%	5,181	-5,104	3,808	2,936	-882	-634	-530	-2,998	1,510	110	-1,384	2,393	1,578	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-4.0%	90.00	94.00	93.00	95.00	95.00	104	100	98.00	89.00	98.00	95.00	92.00	84.00	82.00	74.00	76.00	80.00	87.00	87.00	77.00	69.00
Current Assets	-4.6%	76.00	80.00	79.00	82.00	81.00	86.00	82.00	80.00	72.00	80.00	78.00	76.00	67.00	67.00	58.00	60.00	62.00	68.00	68.00	57.00	55.00
Cash Equivalents	-100.0%	-	8.00	11.00	11.00	9.00	12.00	12.00	14.00	13.00	15.00	17.00	20.00	16.00	16.00	14.00	9.00	10.00	7.00	8.00	7.00	7.00
Net PPE	-7.2%	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Goodwill	-19.3%	1.00	2.00	2.00	2.00	2.00	4.00	4.00	4.00	4.00	4.00	1.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Liabilities	-7.8%	50.00	54.00	53.00	55.00	57.00	64.00	60.00	56.00	52.00	56.00	55.00	54.00	45.00	50.00	44.00	48.00	48.00	57.00	58.00	51.00	44.00
Current Liabilities	-7.0%	49.00	52.00	51.00	54.00	55.00	62.00	59.00	55.00	50.00	54.00	52.00	51.00	43.00	47.00	41.00	44.00	45.00	51.00	52.00	45.00	43.00
Long Term Debt	-100.0%	-	1.00	1.00	1.00	1.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00
LT Debt, Current	-9.3%	18.00	19.00	16.00	19.00	18.00	19.00	18.00	16.00	11.00	14.00	11.00	13.00	9.00	12.00	8.00	10.00	9.00	11.00	13.00	10.00	10.00
LT Debt, Non Current	-66.4%	0.00	1.00	1.00	1.00	1.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00
Shareholder's Equity	64.4%	40.00	24.00	40.00	40.00	22.00	40.00	40.00	42.00	37.00	41.00	40.00	39.00	39.00	32.00	30.00	28.00	31.00	30.00	29.00	26.00	25.00
Retained Earnings	25.2%	11.00	8.00	8.00	8.00	7.00	9.00	9.00	8.00	7.00	12.00	11.00	10.00	9.00	7.00	6.00	6.00	6.00	6.00	6.00	4.00	3.00
Additional Paid-In Capital	0.4%	21.00	21.00	21.00	21.00	21.00	21.00	21.00	3.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	16.00	16.00	16.00	16.00
Shares Outstanding	0.9%	23.00	23.00	23.00	23.00	23.00	-	-	22.00	21.00	21.00	21.00	21.00	21.00	-	-	-	-	-	-	-	-
Minority Interest	-21.4%	12.00	15.00	15.00	16.00	16.00	16.00	16.00	16.00	18.00	17.00	17.00	16.00	16.00	13.00	12.00	11.00	12.00	11.00	10.00	9.00	8.00
Float	-	-	-	-	-	13.00	-	13.00	-	-	-	13.00	-	10.00	-	-	-	-	-	7.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	201.5%	5,181	-5,104	3,808	2,936	-882	-634	-530	-2,998	1,510	110	-1,384	2,393	1,578	-1,549	7,317	1,455	4,575	2,754	-1,720	538	4,277
Share Based Compensation	-3.6%	80.00	83.00	-39.00	173	-239	305	130	150	208	221	183	99.00	24.00	17.00	70.00	25.00	70.00	65.00	51.00	49.00	47.00
Cashflow From Investing	-224.0%	-1,186	-366	-374	-343	-560	-443	-316	-478	710	-1,546	-554	-332	-352	-462	-444	-342	-	-443	-471	-464	-282
Cashflow From Financing	-153.4%	-1,504	2,816	-3,704	-628	-5,758	1,808	2,614	4,825	-3,048	2,349	-1,556	3,581	-3,076	3,999	-2,245	1,453	-2,585	-1,996	2,854	-244	-4,123
Buy Backs	-	-	-	-1.00	-	-	-	-88.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-

SGRP Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Net revenues	$ 262,747	$ 261,268
Related Party - Cost of revenues	5,197	8,804
Cost of revenues	202,070	201,452
Gross profit	55,480	51,012
Selling, general and administrative expense	43,673	41,135
Loss on sale of business	408	0
Depreciation and amortization	2,001	2,033
Impairment of goodwill	0	2,458
Operating income	9,398	5,386
Interest expense	1,919	965
Other expense (income), net	346	(482)
Income before income tax expense	7,133	4,903
Income tax expense	2,357	2,777
Net income	4,776	2,126
Net income attributable to non-controlling interest	(874)	(2,858)
Net Income (loss) attributable to SPAR Group, Inc.	$ 3,902	$ (732)
Basic earnings (loss) per common share attributable to SPAR Group, Inc. (in dollars per share)	$ 0.17	$ (0.03)
Diluted earnings (loss) per common share attributable to SPAR Group, Inc. (in dollars per share)	$ 0.16	$ (0.03)
Weighted average common shares – basic (in shares)	23,333	22,110
Weighted average common shares – diluted (in shares)	24,455	22,110
Net income	$ 4,776	$ 2,126
Other comprehensive (loss):
Foreign currency translation adjustments	1,283	(391)
Comprehensive income	6,059	1,735
Comprehensive income attributable to non-controlling interest	(317)	(2,380)
Comprehensive income (loss) attributable to SPAR Group, Inc.	$ 5,742	$ (645)

SGRP Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 10,719	$ 9,345
Accounts receivable, net	59,776	63,714
Prepaid expenses and other current assets	5,614	7,861
Total current assets	76,109	80,920
Property and equipment, net	2,871	3,261
Operating lease right-of-use assets	2,323	969
Goodwill	1,382	1,708
Intangible assets, net	1,180	2,040
Deferred income taxes	4,687	3,766
Other assets	1,729	1,934
Total assets	90,281	94,598
Liabilities and equity
Accrued expenses and other current liabilities	15,274	20,261
Customer incentives and deposits	1,905	2,399
Lines of credit and short-term loans	17,530	17,980
Current portion of operating lease liabilities	1,163	363
Total current liabilities	48,565	54,555
Operating lease liabilities, less current portion	1,160	606
Long-term debt	310	1,376
Total liabilities	50,035	56,537
Commitments and contingencies – See Note 6
Equity:
Common stock, $.01 par value: Authorized shares – 47,000,000 Issued and outstanding shares – 23,446,444 at December 31, 2023 and 23,055,633 at December 31, 2022	232	229
Treasury stock, at cost 205,485 shares at December 31, 2023 and 205,485 Shares at December 31, 2022	(285)	(285)
Additional paid-in capital	21,004	20,708
Accumulated other comprehensive loss	(3,341)	(4,941)
Retained earnings	10,609	6,707
Total SPAR Group, Inc. equity	28,226	22,427
Non-controlling interest	12,020	15,634
Total equity	40,246	38,061
Total liabilities and equity	90,281	94,598
Series A Preferred Stock [Member]
Equity:
Preferred stock	0	0
Series B Preferred Stock [Member]
Equity:
Preferred stock	7	9
Nonrelated Parties [Member]
Liabilities and equity
Accounts payable	9,488	10,588
Related Parties [Member]
Liabilities and equity
Accounts payable	$ 3,205	$ 2,964

About SPAR Group Inc

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 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.

CEO	Mr. Michael R. Matacunas
WEBSITE	sparinc.com
INDUSTRY	Information Technology Services
EMPLOYEES	1437

SPAR Group Inc Frequently Asked Questions

What is the ticker symbol for SPAR Group Inc? What does SGRP stand for in stocks?

SGRP is the stock ticker symbol of SPAR Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SPAR Group Inc (SGRP)?

As of Tue Apr 23 2024, market cap of SPAR Group Inc is 42.86 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SGRP stock?

You can check SGRP's fair value in chart for subscribers.

What is the fair value of SGRP stock?

You can check SGRP's fair value in chart for subscribers. The fair value of SPAR Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SPAR Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SGRP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SPAR Group Inc a good stock to buy?

The fair value guage provides a quick view whether SGRP is over valued or under valued. Whether SPAR Group Inc is cheap or expensive depends on the assumptions which impact SPAR Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SGRP.

What is SPAR Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, SGRP's PE ratio (Price to Earnings) is 9.34 and Price to Sales (PS) ratio is 0.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SGRP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SPAR Group Inc's stock?

In the past 10 years, SPAR Group Inc has provided -0.01 (multiply by 100 for percentage) rate of return.