BGSF (NYSE:BGSF) Now Covered by StockNews.com

StockNews.com began coverage on shares of BGSF (NYSE:BGSF) in a research note released on Monday morning. The brokerage issued a hold rating on the stock.

Separately, Roth Mkm decreased their price objective on shares of BGSF from $12.00 to $9.00 and set a “buy” rating on the stock in a report on Thursday, March 20th.

BGSF Stock Performance

Shares of NYSE BGSF opened at $3.52 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a 50 day moving average price of $4.76 and a 200 day moving average price of $6.11. The stock has a market capitalization of $38.94 million, a PE ratio of -35.15 and a beta of 1.51. BGSF has a 52 week low of $3.34 and a 52 week high of $10.50.

BGSF (NYSE:BGSF) last released its quarterly earnings data on Wednesday, March 12th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.01). The company had revenue of $64.41 million during the quarter, compared to analyst estimates of $67.65 million. BGSF had a negative net margin of 0.48% and a positive return on equity of 0.19%. Analysts predict that BGSF will post -0.3 earnings per share for the current fiscal year.

Institutional Trading of BGSF

A number of institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC acquired a new stake in shares of BGSF in the fourth quarter valued at approximately $29,000. Millennium Management LLC acquired a new position in BGSF in the 4th quarter valued at $60,000. Allworth Financial LP bought a new stake in shares of BGSF during the 4th quarter valued at $101,000. Northern Trust Corp grew its holdings in shares of BGSF by 43.8% during the 4th quarter. Northern Trust Corp now owns 37,675 shares of the company’s stock worth $197,000 after purchasing an additional 11,483 shares in the last quarter. Finally, Perritt Capital Management Inc grew its holdings in shares of BGSF by 42.8% during the 4th quarter. Perritt Capital Management Inc now owns 47,089 shares of the company’s stock worth $247,000 after purchasing an additional 14,113 shares in the last quarter. Institutional investors own 37.19% of the company’s stock.

BGSF Company Profile

BGSF, Inc, together with its subsidiaries, provides consulting, managed services, and professional workforce solutions in the United States. It operates in two segments, Property Management and Professional. The Property Management segment offers office and maintenance field talent to various apartment communities and commercial buildings.