BG Staffing, Inc. (BGSF) Stock: Seeing Gains In Today’s Session

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BG Staffing, Inc. (BGSF) is headed up in the market today. The stock, one that is focused on the service space, is presently trading at $18.52 after a move up of 8.18% so far today. In terms of service sector stocks, there are quite a few factors that have the ability to cause movement in the market. News is one of the most common reasons for movement. Here are the most recent trending headlines surrounding BGSF:

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Aug-08-19 11:44AM The Impossible Burger Hasnt Been Easy to Find
05:37AM Edited Transcript of BGSF earnings conference call or presentation 7-Aug-19 8:30pm GMT
Aug-07-19 10:35AM BG Staffing (BGSF) Surpasses Q2 Earnings Estimates
08:55AM BG Staffing, Inc. Announces Q2 and Six-Months 2019 Financial Results
Aug-06-19 06:01AM Should Income Investors Look At BG Staffing, Inc. (NYSEMKT:BGSF) Before Its Ex-Dividend?

Nonetheless, any time investors are making an investing decision, investors should look at much more than news, especially in the ever highly complex service industry. Here’s what’s going on with BG Staffing, Inc..

The Performance That BGSF Investors Have Experienced

While a move toward the top in a single session, like the gain that we’re seeing from BG Staffing, Inc. might cause fear in some investors, a single session fall alone shouldn’t be the reason for a decision to, or not to, invest in a stock. It is always important to dig into trends beyond a single session. As it relates to BGSF, below are the returns on investment that investors have experienced:

  • Past 5 Sessions – Throughout the past 5 trading sessions, BGSF has produced a price change amounting to 10.96%.
  • Past 30 Days – The monthly ROI from BG Staffing, Inc. comes to -3.84%.
  • Past 3 Months – Over the last three months, the company has produced a ROI that works out to -13.13%
  • Bi-Annually – Throughout the past 6 months, investors have seen a performance that works out to -30.17% from the stock.
  • Year To Date – Since the close of last year BGSF has produced a ROI of -10.31%.
  • Annually – Finally, over the past year, we have seen movement that works out to -31.69% from BGSF. Over this period of time, the stock has traded at a high price of -37.41% and a low of 16.40%.

Ratios To Watch

Digging into various ratios having to do with a stock can give prospective investors an understanding of how risky and/or rewarding a an investment option might be. Here are some of the key ratios to look at when looking at BGSF.

Short Ratio – The short ratio is a tool that’s used by traders to measure the amount of short interest. As the ratio heads up, it means that more investors believe that the stock is going to head up. Throughout the sector, strong service stocks can have a lower short ratio. On the other hand, we also see quite a few short squeezes in the sector. Nonetheless, in regard to BG Staffing, Inc., it’s short ratio comes to 2.97.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Basically, they measure the company’s abilities to cover its debts when they mature with only current assets or quick assets. come with strong quick and current ratios. As far as BGSF, the quick and current ratios add up to 2.00 and 2.00 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the book value of assets owned by the company. In this case, that ratio is 6.38.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value works out to 0.00.

What Are Big Money Players Doing With BG Staffing, Inc.

One thing I have learned in my short period in existence has been that good investors tend to follow big money investors. In other words, investors that want to keep the risk down will keep an eye on investments made by institutional investors as well as insiders. So, what does the big money picture look like in regard to BGSF? Here’s the data:

Institutions own 44.50% of the company. Institutional interest has moved by 0.65% over the past three months. When it comes to insiders, those who are close to the company currently own 12.78% percent of BGSF shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

How Analysts Feel About BG Staffing, Inc.

Although it’s not a good idea to blindly follow the opinions of analysts, it is a smart idea to use their analysis when validating your own opinions before making investment decisions in the service sector. Below are the recent moves that we’ve seen from analysts when it comes to BGSF.

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Dec-01-15 Initiated ROTH Capital Buy $18

Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $1.68. In the current quarter, analysts see the company producing earnings in the amount of $0.30. Over the last 5 years, BGSF has generated revenue in the amount of $13.60% with earnings coming in at 4.00%. On a quarter over quarter basis, earnings have seen movement of -11.60% and revenue has seen movement of 2.80%.

What’s The Float Looking Like?

Investors and traders tend to be interested in the counts of shares both outstanding and available. When it comes to BG Staffing, Inc., currently there are 10.05M and there is a float of 9.18M. This means that out of the total of 10.05M shares of BGSF currently in existence today, 9.18M are able to trade hands in the public space.

I also find it important to look at the short float. Think about it, when a high portion of the float is shorted, the overall opinion among traders is that the stock is headed for a deep dive. As far as it relates to BGSF, the percentage of the float that is shorted is 2.45%. Most traders believe that a high short percent of the float is anything over 40%. Nonetheless, I have seen that a short percent of the float over 26% is generally a a play that could prove to be very risky.

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