BG Staffing (NYSE:BGSF) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “BG Staffing, Inc. is a national provider of temporary staffing services across a diverse set of industries. Its present business segments offer temp services in the Multi-Family, Professional and Commercial sectors. In the Multi-Family segment BG offers temporary workers that perform front office and maintenance personnel in 18 states (Nevada, Arizona, Colorado, Kansas, Oklahoma, Texas, Missouri, Wisconsin, Illinois, Tennessee, Georgia, Florida, N. Carolina, Virginia, Maryland, Pennsylvania, Massachusetts, Rhode Island); temporary skilled contract labor for Finance & Accounting and also for IT implementation and maintenance projects nationwide from offices in 5 states (Texas, Louisiana, N. Carolina, Maryland, Rhode Island); temp labor services in various skilled and unskilled positions to primarily distribution and logistics customers in its Commercial segment in 5 states (Texas, Wisconsin, Illinois, Tennessee, Mississippi). BG Staffing, Inc. is headquartered in Plano, Texas. “

Shares of BG Staffing (NYSE:BGSF) traded down 0.86% during trading on Tuesday, hitting $15.07. 53,559 shares of the stock traded hands. The firm has a market cap of $130.63 million and a price-to-earnings ratio of 19.62. The stock has a 50 day moving average of $16.85 and a 200 day moving average of $16.65. BG Staffing has a 52-week low of $10.53 and a 52-week high of $21.75.

BG Staffing (NYSE:BGSF) last announced its quarterly earnings results on Monday, August 1st. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.40 by $0.11. The firm earned $62.60 million during the quarter, compared to analysts’ expectations of $49.80 million. Analysts expect that BG Staffing will post $1.52 EPS for the current year.

BG Staffing Company Profile

BG Staffing, Inc (BG Staffing) is a provider of temporary staffing services. The Company provides temporary workers to a range of customers that are seeking to match their workforce requirements to their business needs. Its customers operate across a diverse set of industries. The Company’s operations are organized into three segments: Commercial, Multifamily and Professional.

5 Day Chart for NYSE:BGSF

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