Roth Capital Issues Pessimistic Outlook for BGSF Earnings

BGSF, Inc. (NYSE:BGSF) – Stock analysts at Roth Capital cut their Q1 2025 earnings estimates for shares of BGSF in a research note issued to investors on Thursday, March 20th. Roth Capital analyst J. Martin now expects that the company will earn ($0.18) per share for the quarter, down from their prior forecast of ($0.11). The consensus estimate for BGSF’s current full-year earnings is ($0.30) per share. Roth Capital also issued estimates for BGSF’s FY2025 earnings at ($0.03) EPS.

BGSF (NYSE:BGSF) last released its earnings results on Wednesday, March 12th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.01). BGSF had a negative net margin of 0.48% and a positive return on equity of 0.19%. The firm had revenue of $64.41 million during the quarter, compared to the consensus estimate of $67.65 million.

Several other analysts have also issued reports on the company. Roth Mkm cut their target price on BGSF from $12.00 to $9.00 and set a “buy” rating for the company in a research note on Thursday, March 20th. StockNews.com started coverage on shares of BGSF in a research note on Monday. They issued a “hold” rating for the company.

BGSF Price Performance

Shares of BGSF stock opened at $3.36 on Monday. The firm has a market capitalization of $37.22 million, a PE ratio of -33.60 and a beta of 1.51. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.50. BGSF has a 12 month low of $3.32 and a 12 month high of $10.50. The business’s 50-day moving average price is $4.72 and its 200-day moving average price is $6.08.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC bought a new position in BGSF during the 4th quarter worth approximately $29,000. Millennium Management LLC purchased a new stake in shares of BGSF during the fourth quarter valued at approximately $60,000. Allworth Financial LP bought a new position in shares of BGSF in the fourth quarter worth approximately $101,000. Northern Trust Corp increased its stake in shares of BGSF by 43.8% in the fourth quarter. Northern Trust Corp now owns 37,675 shares of the company’s stock worth $197,000 after buying an additional 11,483 shares during the period. Finally, Perritt Capital Management Inc increased its stake in shares of BGSF by 42.8% in the fourth quarter. Perritt Capital Management Inc now owns 47,089 shares of the company’s stock worth $247,000 after buying an additional 14,113 shares during the period. Hedge funds and other institutional investors own 37.19% of the company’s stock.

About BGSF

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.