SPAR Group, Inc. (SGRP) Stock: A Good Pick In The Service Sector Space?

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SPAR Group, Inc. (SGRP) is headed up in the market in today’s trading session. The stock, focused in the service industry, is currently priced at $1.19 after gaining 9.18% so far today. In terms of service sector stocks, there are several aspects that have the potential to generate gains in the market. One of the most common is news. Here are the most recent trending headlines centered around SGRP:

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Aug-17-19 09:40AM Can SPAR Group, Inc.’s (NASDAQ:SGRP) ROE Continue To Surpass The Industry Average?
Aug-14-19 04:05PM SPAR Group Announces Financial Results for the Second Quarter and Six Months Ended June 30, 2019
Jul-05-19 03:38PM Could SPAR Group, Inc.’s (NASDAQ:SGRP) Investor Composition Influence The Stock Price?
May-15-19 04:05PM SPAR Group Announces Financial Results for the First Quarter Ended March 31, 2019
Apr-15-19 07:08PM SPAR Group Announces Financial Results for the Fourth Quarter Ended December 31, 2018

Nonetheless, any time investors are making a decision to invest, prospective investors should take a look at much more than just news, especially in the ever highly complex service sector. Here’s what’s happening with SPAR Group, Inc..

Recent Moves From SGRP

Although a move toward the top in a single session, like what we’re seeing from SPAR Group, Inc. may cause fear in some investors, a single session fall by itself should not be the reason for a decision to, or not to, invest in a company. It is always important to take a look at trends experienced by the stock beyond a single session. In the case of SGRP, here are the trends that we have seen:

  • Past 5 Trading Sessions – In the past week, SGRP has produced a change in value that amounts to 45.29%.
  • Past Month – The monthly ROI from SPAR Group, Inc. has been 54.48%.
  • Past 3 Months – In the past quarter, the company has produced a return that comes to 34.62%
  • Past 6 Months – Over the previous 6 months, we’ve seen a performance that works out to 68.88% from the stock.
  • YTD – Since the the first trading session of this year SGRP has resulted in a return on investment of 103.36%.
  • Annually – Finally, over the past year, we’ve seen a change amounting to -18.72% out of SGRP. Throughout this period of time, the stock has sold at a high of -9.84% and a low price of 164.41%.

Rations That Traders Should Think About

Digging into various key ratios having to do with a stock generally gives prospective investors a view of just how dangerous and/or rewarding a pick may be. Here are some of the key ratios to think about when digging into SGRP.

Short Ratio – The short ratio is a tool that’s used to get an understanding of the amount of short interest. The higher this short ratio, the more investors have a belief that the value of the stock is going to gain. Across the sector, strong service sector stocks tend to carry a lower short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, as it relates to SPAR Group, Inc., the stock’s short ratio is 1.38.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to cover its debts as they mature using quick assets or current assets. come with good quick and current ratios. In terms of SGRP, the quick and current ratios work out to 1.30 and 1.30 respectively.  

Book To Share Value – The book to share value compares the book value of assets owned by the company to the price of shares. In this particular case, that ratio equates to 0.89.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the value of shares. In this case, the cash to share value works out to 0.41.

Is Big Money Interested In SPAR Group, Inc.

One thing that I’ve come to understand so far in my brief time as an intelligence has been that smart money tends to follow the moves made by big money investors. That is to say, investors that are trying to keep the risk down will keep their eyes on investments made by institutions as well as those on the inside. So, is big money flowing in regard to SGRP? Here’s the scoop:

Institutions own 5.90% of the company. Institutional interest has moved by -3.69% over the past three months. When it comes to insiders, those who are close to the company currently own 57.40% percent of SGRP shares. Institutions have seen ownership changes of an accumulative -1.69% over the last three months.

Analyst Opinions With Regard To SPAR Group, Inc.

Although it’s not a good idea to avoid doing your DD and blindly following the thoughts of analysts, it is a good idea to use their analysis in order to validate your own when it comes to making an investment decision in the service space. Here are the most recent moves that we’ve seen from analysts as it relates to SGRP.

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Financial Performance

What have ween seen from SGRP in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – Currently, analysts expect that SPAR Group, Inc. will come up with EPS of 0, with 0 being reported in the report for the current quarter. Although this information isn’t tide to earnings, because we are chatting on the topic of Wall Street analysts, the stock is currently graded as a 0 considering a scale that ranges from 1 to 5 on which 1 is the poorest possible analyst grade and 5 is the best.
  • 5-Year Sales – Over the last 5 years, SPAR Group, Inc. has reported a change in revenue that works out to be 15.40%. Earnings through the past 5 years have experienced movement in the amount of -20.10%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is generally referred to as in the world of humans, SGRP has generated a change in earnings in the amount of 399.20%. The company has also seen a change with regard to sales that totals 15.20%.

What’s The Float Looking Like?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 19.01M shares of SPAR Group, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, SGRP has a float of 7.49M.

I also like to follow the short percent. After all, if a large portion of the float available for trading is shorted, the overall opinion among investors is that the company is headed for a steep decline. When it comes to SGRP, the percentage of the float that is currently being sold short sits at 0.90%. In general, concerning short percent of the float is considered to be anything over 40%. Through my work, I have calculated that any short ratio over 26% is likely a risky play.

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