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

StockNews.com assumed coverage on shares of BGSF (NYSE:BGSF) in a report released on Monday. The brokerage set a “hold” rating on the stock.

BGSF Price Performance

Shares of NYSE:BGSF opened at $5.17 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 company has a market capitalization of $56.92 million, a PE ratio of -51.64 and a beta of 1.55. The stock has a fifty day moving average of $5.61 and a 200-day moving average of $7.15. BGSF has a one year low of $5.03 and a one year high of $10.74.

BGSF (NYSE:BGSF) last released its quarterly earnings results on Wednesday, November 6th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.18). The company had revenue of $71.19 million during the quarter, compared to analyst estimates of $75.00 million. BGSF had a negative net margin of 0.48% and a positive return on equity of 0.19%. During the same quarter last year, the business earned $0.36 EPS. As a group, equities analysts anticipate that BGSF will post -0.3 EPS for the current fiscal year.

Institutional Trading of BGSF

A hedge fund recently bought a new stake in BGSF stock. Cornerstone Wealth Group LLC bought a new position in BGSF, Inc. (NYSE:BGSF) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 15,552 shares of the company’s stock, valued at approximately $131,000. Cornerstone Wealth Group LLC owned approximately 0.14% of BGSF as of its most recent SEC filing. 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.