BGSF Stock Summary and Trading Ideas (BGSF | NYSE:BGSF)

BGSF Inc is a provider of workforce solutions operating primarily in the U.S. across two segments: Property Management and Professional. In the Property Management segment, BGSF offers office and maintenance talent to clients, facilitating their staffing needs with short-term and consulting solutions. The Professional segment specializes in IT, offering skilled professionals in SAP, Workday, and other areas to Fortune 500 companies and consulting firms nationwide. BGSF's workforce services include on-demand assignments, consulting, and managed solutions, allowing clients to flexibly manage their workforce needs. With a focus on converting fixed personnel costs to variable expenses, BGSF enables companies to effectively address fluctuations in demand while optimizing costs.

BGSF trades on the NYSE stock market under the symbol BGSF.

As of April 19, 2024, BGSF stock price declined to $9.06 with 13,597 million shares trading.

BGSF has a market cap of $99.01 million. This is considered a Micro Cap stock.

Last quarter BGSF reported $74 million in Revenue and $.21 earnings per share. This fell short of revenue expectation by $-1 million and exceeded earnings estimates by $.13.

In the last 3 years, BGSF stock traded as high as $16.02 and as low as $8.85.

The top ETF exchange traded funds that BGSF belongs to (by Net Assets): VTI, VXF, DES, IWC, DFAT.

BGSF has underperformed the market in the last year with a price return of -2.5% while the SPY ETF gained +21.2%. BGSF has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.7% and -5.7%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

BGSF support price is $8.93 and resistance is $9.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BGSF stock will trade within this expected range on the day.