BG Staffing (BGSF) Upgraded to Hold by Zacks Investment Research
BG Staffing (NYSEAMERICAN:BGSF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Monday.
According to Zacks, “BG Staffing, Inc. is a national provider of temporary staffing services across a diverse set of industries. Its present business segments offer temp services in the Multi-Family, Professional and Commercial sectors. In the Multi-Family segment BG offers temporary workers that perform front office and maintenance personnel in 18 states (Nevada, Arizona, Colorado, Kansas, Oklahoma, Texas, Missouri, Wisconsin, Illinois, Tennessee, Georgia, Florida, N. Carolina, Virginia, Maryland, Pennsylvania, Massachusetts, Rhode Island); temporary skilled contract labor for Finance & Accounting and also for IT implementation and maintenance projects nationwide from offices in 5 states (Texas, Louisiana, N. Carolina, Maryland, Rhode Island); temp labor services in various skilled and unskilled positions to primarily distribution and logistics customers in its Commercial segment in 5 states (Texas, Wisconsin, Illinois, Tennessee, Mississippi). BG Staffing, Inc. is headquartered in Plano, Texas. “
BG Staffing (NYSEAMERICAN BGSF) traded down $0.03 during midday trading on Monday, hitting $15.46. The stock had a trading volume of 13,395 shares, compared to its average volume of 15,020. The company has a market cap of $135.68, a PE ratio of 15.46 and a beta of 0.26. BG Staffing has a 12-month low of $12.84 and a 12-month high of $18.84.
Several large investors have recently bought and sold shares of BGSF. New York State Common Retirement Fund purchased a new stake in BG Staffing in the 2nd quarter worth $129,000. Royal Bank of Canada purchased a new stake in BG Staffing in the 2nd quarter worth $174,000. Schwab Charles Investment Management Inc. purchased a new stake in BG Staffing in the 2nd quarter worth $192,000. California State Teachers Retirement System purchased a new stake in BG Staffing in the 2nd quarter worth $214,000. Finally, Teachers Advisors LLC purchased a new stake in BG Staffing in the 2nd quarter worth $233,000.
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About BG Staffing
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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