Roth Capital Issues Pessimistic Forecast for BGSF Earnings

BGSF, Inc. (NYSE:BGSF) – Investment analysts at Roth Capital lowered their Q1 2025 earnings estimates for BGSF in a research note issued on Thursday, March 20th. Roth Capital analyst J. Martin now anticipates that the company will post earnings of ($0.18) per share for the quarter, down from their previous estimate of ($0.11). The consensus estimate for BGSF’s current full-year earnings is ($0.30) per share. Roth Capital also issued estimates for BGSF’s FY2025 earnings at ($0.03) EPS.

A number of other equities research analysts also recently weighed in on BGSF. StockNews.com started coverage on shares of BGSF in a research note on Monday. They issued a “hold” rating on the stock. Roth Mkm lowered their price objective on shares of BGSF from $12.00 to $9.00 and set a “buy” rating on the stock in a research report on Thursday, March 20th.

BGSF Price Performance

Shares of NYSE BGSF opened at $3.52 on Monday. The firm has a market capitalization of $38.94 million, a P/E ratio of -35.15 and a beta of 1.51. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.50. The stock’s 50-day simple moving average is $4.76 and its two-hundred day simple moving average is $6.11. BGSF has a twelve month low of $3.34 and a twelve month high of $10.50.

BGSF (NYSE:BGSF) last released its quarterly earnings results on Wednesday, March 12th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.01). The firm had revenue of $64.41 million during the quarter, compared to the consensus estimate of $67.65 million. BGSF had a positive return on equity of 0.19% and a negative net margin of 0.48%.

Institutional Trading of BGSF

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

About BGSF

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.