Key Points
- CFO stock purchase: SPAR Group CFO Steven Michael Hennen bought 78,000 shares at $0.64 on May 1 for $49,920, raising his stake to 133,000 shares (a 141.82% increase), according to an SEC filing.
- Weak quarterly results: The company reported EPS of ($0.39) vs. a $0.02 consensus and revenue of $22.02M vs. $40M expected, with a negative net margin (-18.09%) and ROE (-66.43%).
- Stock and financials snapshot: SPAR trades around $0.73 with a $18.24M market cap and 52‑week range $0.50–$1.41, and shows elevated leverage (debt/equity 2.06) and low liquidity (quick and current ratios 0.83).
SPAR Group, Inc. (NASDAQ:SGRP - Get Free Report) CFO Steven Michael Hennen acquired 78,000 shares of the company's stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of $0.64 per share, for a total transaction of $49,920.00. Following the completion of the purchase, the chief financial officer owned 133,000 shares of the company's stock, valued at approximately $85,120. This represents a 141.82% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
SPAR Group Price Performance
NASDAQ SGRP opened at $0.73 on Wednesday. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.83 and a current ratio of 0.83. The firm's 50 day moving average price is $0.68 and its 200-day moving average price is $0.82. SPAR Group, Inc. has a 52-week low of $0.50 and a 52-week high of $1.41. The company has a market cap of $18.24 million, a PE ratio of -0.70 and a beta of 0.18.
SPAR Group (NASDAQ:SGRP - Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The business services provider reported ($0.39) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($0.41). SPAR Group had a negative net margin of 18.09% and a negative return on equity of 66.43%. The business had revenue of $22.02 million for the quarter, compared to the consensus estimate of $40.00 million. During the same quarter in the prior year, the business posted ($0.24) earnings per share.
SPAR Group Company Profile
(
Get Free Report)
SPAR Group, Inc is a U.S.-based provider of retail merchandising and business services to consumer packaged goods companies. Through its nationwide network of local merchandisers, the company delivers in-store product stocking, planogram compliance, retail audits and promotional installations. SPAR Group's field teams work directly in grocery, pharmacy, big‐box and convenience channels to ensure optimal product placement and availability at the point of sale.
Beyond traditional merchandising, SPAR Group offers retail data collection and analytics to help clients monitor shelf conditions, pricing accuracy and inventory levels across multiple retail outlets.
Further Reading
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