StockNews.com started coverage on shares of BGSF (NYSE:BGSF - Free Report) in a report published on Saturday. The firm issued a hold rating on the stock.
BGSF Trading Down 0.2 %
BGSF stock traded down $0.01 during trading hours on Friday, reaching $5.39. The stock had a trading volume of 4,579 shares, compared to its average volume of 12,580. The stock has a market cap of $59.42 million, a PE ratio of -53.89 and a beta of 1.55. The company has a fifty day simple moving average of $5.98 and a 200-day simple moving average of $7.39. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.75 and a quick ratio of 1.75. BGSF has a 52 week low of $5.20 and a 52 week high of $10.74.
BGSF (NYSE:BGSF - Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.18). BGSF had a positive return on equity of 0.19% and a negative net margin of 0.48%. The business had revenue of $71.19 million during the quarter, compared to the consensus estimate of $75.00 million. During the same period in the previous year, the business earned $0.36 earnings per share. Analysts forecast that BGSF will post -0.3 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. King Luther Capital Management Corp increased its stake in shares of BGSF by 500.0% in the 2nd quarter. King Luther Capital Management Corp now owns 360,201 shares of the company's stock worth $3,080,000 after acquiring an additional 300,163 shares in the last quarter. Tieton Capital Management LLC increased its stake in shares of BGSF by 15.9% during the second quarter. Tieton Capital Management LLC now owns 500,095 shares of the company's stock valued at $4,276,000 after purchasing an additional 68,635 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of BGSF by 3.3% during the third quarter. Geode Capital Management LLC now owns 96,845 shares of the company's stock valued at $816,000 after purchasing an additional 3,092 shares during the last quarter. Finally, Cornerstone Wealth Group LLC purchased a new position in shares of BGSF during the third quarter valued at approximately $131,000. Hedge funds and other institutional investors own 37.19% of the company's stock.
About BGSF
(
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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.
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