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

Equities researchers at StockNews.com began coverage on shares of BGSF (NYSE:BGSF) in a note issued to investors on Monday. The firm set a “hold” rating on the stock.

Separately, Roth Mkm decreased their price objective on BGSF from $12.00 to $9.00 and set a “buy” rating for the company in a research note on Thursday.

BGSF Trading Down 5.0 %

BGSF stock opened at $3.51 on Monday. The company has a market cap of $38.66 million, a P/E ratio of -35.07 and a beta of 1.51. BGSF has a twelve month low of $3.34 and a twelve month high of $10.50. 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 business has a fifty day moving average of $4.80 and a 200-day moving average of $6.14.

BGSF (NYSE:BGSF) last announced its quarterly earnings data on Wednesday, March 12th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.01). BGSF had a positive return on equity of 0.19% and a negative net margin of 0.48%. The company had revenue of $64.41 million for the quarter, compared to analyst estimates of $67.65 million. As a group, equities research analysts expect that BGSF will post -0.3 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP acquired a new position in BGSF in the fourth quarter valued at about $101,000. Geode Capital Management LLC grew its stake in BGSF by 3.3% in the third quarter. Geode Capital Management LLC now owns 96,845 shares of the company’s stock valued at $816,000 after acquiring an additional 3,092 shares during the period. Millennium Management LLC acquired a new position in BGSF in the fourth quarter valued at about $60,000. Northern Trust Corp grew its stake in BGSF by 43.8% in the fourth quarter. Northern Trust Corp now owns 37,675 shares of the company’s stock valued at $197,000 after acquiring an additional 11,483 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in BGSF by 2.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 316,105 shares of the company’s stock valued at $1,657,000 after acquiring an additional 7,592 shares during the period. 37.19% of the stock is owned by institutional investors and hedge funds.

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.