BGSF (NYSE:BGSF) Issues Quarterly Earnings Results

BGSF (NYSE:BGSF) announced its quarterly earnings data on Wednesday. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.18), Zacks reports. The company had revenue of $71.19 million for the quarter, compared to analyst estimates of $75.00 million. BGSF had a return on equity of 5.79% and a net margin of 0.71%. During the same period in the prior year, the business earned $0.36 earnings per share.

BGSF Stock Performance

BGSF traded down $0.38 on Thursday, hitting $7.32. 26,394 shares of the company’s stock were exchanged, compared to its average volume of 13,916. The firm has a market cap of $80.23 million, a PE ratio of 34.86 and a beta of 1.65. BGSF has a twelve month low of $6.40 and a twelve month high of $10.74. The stock has a fifty day moving average of $7.93 and a two-hundred day moving average of $7.95. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.52.

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.