SPAR Group (SGRP) Scheduled to Post Quarterly Earnings on Wednesday

SPAR Group (NASDAQ:SGRP) will release its earnings data before the market opens on Wednesday, May 15th. Analysts expect SPAR Group to post earnings of ($0.02) per share for the quarter.

SPAR Group (NASDAQ:SGRP) last announced its quarterly earnings results on Monday, April 1st. The business services provider reported $0.11 earnings per share for the quarter. The company had revenue of $65.10 million for the quarter, compared to the consensus estimate of $65.00 million. SPAR Group had a return on equity of 12.89% and a net margin of 1.48%. On average, analysts expect SPAR Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SPAR Group Stock Performance

Shares of SGRP stock opened at $1.77 on Friday. SPAR Group has a 52-week low of $0.70 and a 52-week high of $1.97. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.01. The stock has a market cap of $42.86 million, a PE ratio of 10.41 and a beta of 0.41. The business has a 50-day simple moving average of $1.43 and a 200-day simple moving average of $1.15.

Insider Buying and Selling at SPAR Group

In other SPAR Group news, insider Spar Business Services Inc sold 150,000 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $1.38, for a total value of $207,000.00. Following the completion of the transaction, the insider now owns 1,065,538 shares in the company, valued at $1,470,442.44. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, major shareholder Robert G/ Brown sold 50,000 shares of SPAR Group stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $1.35, for a total transaction of $67,500.00. Following the transaction, the insider now owns 3,257,963 shares in the company, valued at $4,398,250.05. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Spar Business Services Inc sold 150,000 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $1.38, for a total transaction of $207,000.00. Following the sale, the insider now owns 1,065,538 shares of the company’s stock, valued at approximately $1,470,442.44. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 200,943 shares of company stock valued at $275,466. 59.66% of the stock is owned by company insiders.

About SPAR Group

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.