SPAR Group Inc (SGRP)
NASDAQIndustrialsSpecialty Business ServicesSnapshot 2026-11-05
$0.670.00%
Close 2026-08-17 · 1-day change
NASDAQIndustrialsSpecialty Business ServicesSnapshot 2026-11-05
QuarterlyIQ Insights · SGRP
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -90.0% |
| Our one-year growth estimate | diamond | -18.9% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 71.0 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Worth watching into the next print: this name is a smaller-cap name (higher miss base rate) and has been missing across recent quarters. A fundamental tilt, not a price call.
Model as of 2026-11-05 · Compared with 14 industry peers · Company calendar date is not available
SGRP — officer change
Dated 2026-08-12
Director — James R. Brown, Sr.: The directors were removed due to findings of actions adverse to the company's best interests and non-compliance with policies, indicating a contentious departure rather than a routine retirement.
Why it matters: Lower costs helped lift Q2 earnings despite lower revenue. Costs above the range would weaken that progress.
Worry ifFull-year SG&A, excluding unusual items, is above $24M. Or management raises the $21M–$24M range.
Less concerning ifFull-year SG&A, excluding unusual items, is at or below $24M and within the range.
Why it matters: The board removed James R. Brown, Sr. after citing actions against the company’s interests. A court or company update could clarify the effect on board control.
Watch forA court filing or company report confirms the board change stands. It names a five-member board with no further challenge.
Also watch forA court filing or company report says the board change is challenged or reversed. Or more directors are removed.
Why it matters: Q2 gross margin was 22.8%. Staying in range would support the shift to higher-margin services.
Supportive ifA 2026 report shows gross margin at or above 21.5%, within the 21.5%–23.5% range.
Worry ifA 2026 report shows gross margin below 21.5%, or management lowers the range.
Why it matters: The range reflects lower remodel work and a shift to merchandising. Revenue below $130M would miss the revised plan.
Worry ifFull-year 2026 revenue is below $130M, or management cuts the $130M–$138M range again.
Less concerning ifFull-year 2026 revenue lands at or above $130M and within the $130M–$138M range.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$214 on $10,000 · ±2.1% | How much price usually moves either way. |
| Bad day | $432 loss on $10,000 · 4.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $7,456 loss on $10,000 · 74.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.