BG Staffing Inc (BGSF) Given $30.25 Consensus Price Target by Brokerages

Shares of BG Staffing Inc (NASDAQ:BGSF) have been given a consensus broker rating score of 1.50 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and one has assigned a strong buy rating to the company. BG Staffing’s rating score has declined by 50% from three months ago as a result of a number of analysts’ ratings changes.

Brokerages have set a one year consensus price target of $30.25 for the company and are anticipating that the company will post $0.39 earnings per share for the current quarter, according to Zacks. Zacks has also assigned BG Staffing an industry rank of 61 out of 257 based on the ratings given to related companies.

Separately, Taglich Brothers restated a “speculative buy” rating on shares of BG Staffing in a research note on Tuesday, November 6th.

NASDAQ:BGSF opened at $25.65 on Thursday. BG Staffing has a one year low of $15.25 and a one year high of $29.59.

BG Staffing (NASDAQ:BGSF) last posted its quarterly earnings data on Tuesday, October 30th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.41 by $0.08. The company had revenue of $77.06 million during the quarter, compared to analysts’ expectations of $76.39 million.

About BG Staffing

BG Staffing, Inc provides temporary staffing services in the United States. It operates in three segments: Multifamily, Professional, and Commercial. The Multifamily segment offers temporary front office and maintenance personnel to the various apartment communities. The Professional segment provides skilled temporary IT professionals with expertise in SAP, Workday, Olik View, Hyperion, Oracle, project management, and other IT staffing skills, as well as finance, accounting, and related support personnel.

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