BG Staffing Inc (NASDAQ:BGSF) Given Consensus Rating of “Buy” by Brokerages

Share on StockTwits

BG Staffing Inc (NASDAQ:BGSF) has earned a consensus broker rating score of 1.50 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company.

Brokerages have set a 1-year consensus price objective of $25.50 for the company and are predicting that the company will post $0.30 EPS for the current quarter, according to Zacks. Zacks has also assigned BG Staffing an industry rank of 188 out of 256 based on the ratings given to its competitors.

BG Staffing stock traded down $0.16 during mid-day trading on Monday, reaching $18.22. The company had a trading volume of 89,953 shares, compared to its average volume of 68,439. BG Staffing has a 52 week low of $15.91 and a 52 week high of $29.59. The stock’s 50 day simple moving average is $18.03.

BG Staffing (NASDAQ:BGSF) last issued its quarterly earnings results on Thursday, May 9th. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). The business had revenue of $68.78 million for the quarter, compared to analysts’ expectations of $69.65 million.

BG Staffing Company Profile

BG Staffing, Inc provides temporary staffing services in the United States. It operates in three segments: Multifamily, Professional, and Commercial. The Multifamily segment offers temporary front office and maintenance personnel to the various apartment communities. The Professional segment provides skilled temporary IT professionals with expertise in SAP, Workday, Olik View, Hyperion, Oracle, project management, and other IT staffing skills, as well as finance, accounting, and related support personnel.

Recommended Story: Why do analysts give a neutral rating?

Get a free copy of the Zacks research report on BG Staffing (BGSF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for BG Staffing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BG Staffing and related companies with MarketBeat.com's FREE daily email newsletter.