BGSF (BGSF) Set to Announce Quarterly Earnings on Wednesday

BGSF (NYSE:BGSF) will announce its earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

BGSF (NYSE:BGSF) last released its quarterly earnings data on Wednesday, May 8th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.11. The firm had revenue of $68.77 million during the quarter, compared to analyst estimates of $69.50 million. BGSF had a return on equity of 9.74% and a net margin of 1.78%.

BGSF Stock Performance

NYSE BGSF opened at $8.30 on Wednesday. The firm has a market cap of $90.97 million, a price-to-earnings ratio of 15.96 and a beta of 1.61. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.60. The business has a 50-day moving average price of $7.76 and a 200-day moving average price of $8.88. BGSF has a twelve month low of $6.40 and a twelve month high of $11.70.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded BGSF from a “buy” rating to a “hold” rating in a research report on Friday, June 14th.

Insider Activity

In other news, Director C. David Allen, Jr. acquired 4,329 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The shares were bought at an average price of $7.17 per share, with a total value of $31,038.93. Following the completion of the purchase, the director now directly owns 73,869 shares in the company, valued at $529,640.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director C. David Allen, Jr. bought 4,329 shares of the company’s stock in a transaction on Friday, June 14th. The shares were acquired at an average price of $7.17 per share, with a total value of $31,038.93. Following the transaction, the director now owns 73,869 shares of the company’s stock, valued at $529,640.73. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO John R. Barnett bought 6,000 shares of the company’s stock in a transaction on Friday, May 17th. The shares were bought at an average cost of $6.76 per share, for a total transaction of $40,560.00. Following the transaction, the chief financial officer now directly owns 12,375 shares in the company, valued at approximately $83,655. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 16,338 shares of company stock valued at $111,762. 7.00% of the stock is currently owned by insiders.

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.