BGSF, Inc. (NYSE:BGSF) Holdings Raised by Tieton Capital Management LLC

Tieton Capital Management LLC grew its stake in shares of BGSF, Inc. (NYSE:BGSF) by 15.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 500,095 shares of the company’s stock after acquiring an additional 68,635 shares during the period. BGSF accounts for 2.4% of Tieton Capital Management LLC’s investment portfolio, making the stock its 22nd biggest holding. Tieton Capital Management LLC owned 4.56% of BGSF worth $4,276,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. North Star Investment Management Corp. raised its position in BGSF by 1.3% during the first quarter. North Star Investment Management Corp. now owns 735,073 shares of the company’s stock valued at $7,652,000 after acquiring an additional 9,500 shares in the last quarter. Perritt Capital Management Inc. raised its holdings in shares of BGSF by 5.9% during the 1st quarter. Perritt Capital Management Inc. now owns 66,105 shares of the company’s stock valued at $688,000 after purchasing an additional 3,679 shares in the last quarter. Prosperity Consulting Group LLC bought a new position in shares of BGSF during the 1st quarter valued at $520,000. Bridge City Capital LLC lifted its stake in shares of BGSF by 17.9% in the 1st quarter. Bridge City Capital LLC now owns 40,576 shares of the company’s stock valued at $422,000 after purchasing an additional 6,160 shares during the last quarter. Finally, SpiderRock Advisors LLC bought a new stake in BGSF in the first quarter worth $114,000. 37.19% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

BGSF Trading Down 0.3 %

Shares of BGSF stock opened at $7.46 on Tuesday. The firm has a market capitalization of $81.73 million, a P/E ratio of 14.35 and a beta of 1.64. BGSF, Inc. has a 1 year low of $6.40 and a 1 year high of $10.74. The firm’s fifty day simple moving average is $8.15 and its 200 day simple moving average is $8.39. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.52.

BGSF (NYSE:BGSF) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.15). BGSF had a net margin of 0.71% and a return on equity of 5.79%. The firm had revenue of $68.14 million for the quarter, compared to the consensus estimate of $74.00 million. During the same quarter in the prior year, the firm posted $0.24 earnings per share. As a group, sell-side analysts predict that BGSF, Inc. will post 0.06 EPS for the current year.

BGSF 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.