BG Staffing (BGSF) Earns Daily Coverage Optimism Rating of 0.22
News articles about BG Staffing (NASDAQ:BGSF) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BG Staffing earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the company an impact score of 44.3208445655519 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Separately, Zacks Investment Research upgraded BG Staffing from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research report on Tuesday, August 1st.
BG Staffing (NASDAQ BGSF) traded down 0.84% during midday trading on Friday, hitting $16.55. The company’s stock had a trading volume of 5,890 shares. The stock has a 50 day moving average of $15.73 and a 200 day moving average of $16.03. The company has a market cap of $144.96 million and a PE ratio of 17.91. BG Staffing has a 52-week low of $11.23 and a 52-week high of $18.85.
BG Staffing (NASDAQ:BGSF) last announced its quarterly earnings data on Thursday, July 27th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.01. BG Staffing had a return on equity of 22.69% and a net margin of 3.32%. The firm had revenue of $68.77 million for the quarter, compared to analysts’ expectations of $70.05 million. On average, equities analysts expect that BG Staffing will post $1.02 EPS for the current year.
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BG Staffing Company Profile
BG Staffing, Inc (BG Staffing) is a provider of temporary staffing services. The Company provides temporary workers to a range of customers that are seeking to match their workforce requirements to their business needs. Its customers operate across a diverse set of industries. The Company’s operations are organized into three segments: Commercial, Multifamily and Professional.
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