BGSF - BG Staffing Inc Stock Price, Fair Value and News

8.98USD+0.08 (+0.90%)Market Closed

Market Summary

USD8.98+0.08

Market Closed

0.90%

BGSF Stock Price

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BGSF RSI Chart

BGSF Valuation

Market Cap

97.3M

Price/Earnings (Trailing)

-9.51

Price/Sales (Trailing)

0.31

EV/EBITDA

-135.28

Price/Free Cashflow

4.77

BGSF Price/Sales (Trailing)

BGSF Profitability

EBT Margin

-4.20%

Return on Equity

-11.95%

Return on Assets

-5.73%

Free Cashflow Yield

20.96%

BGSF Fundamentals

BGSF Revenue

Revenue (TTM)

313.2M

Rev. Growth (Yr)

-4.81%

Rev. Growth (Qtr)

-11.88%

BGSF Earnings

Earnings (TTM)

-10.2M

Earnings Growth (Yr)

-42.32%

Earnings Growth (Qtr)

-62.16%

Breaking Down BGSF Revenue

Last 7 days

-2.2%

Last 30 days

-12.0%

Last 90 days

-16.0%

Trailing 12 Months

-7.0%

How does BGSF drawdown profile look like?

BGSF Financial Health

Current Ratio

0.79

BGSF Investor Care

Dividend Yield

6.74%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

1.29%

Diluted EPS (TTM)

-0.96

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	305.2M	311.9M	316.9M	313.2M
2022	257.8M	274.5M	288.8M	298.4M
2021	200.5M	209.5M	220.5M	239.0M
2020	281.9M	256.5M	230.3M	207.1M
2019	288.8M	291.7M	294.0M	294.3M
2018	282.6M	284.8M	290.6M	286.9M
2017	251.1M	257.3M	261.2M	272.6M
2016	236.2M	249.0M	256.3M	253.9M
2015	174.7M	181.6M	193.8M	217.5M
2014	165.9M	173.5M	173.7M	172.8M
2013	95.5M	114.2M	132.9M	151.7M
2012	0	0	63.4M	76.8M
2011	0	0	0	50.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of BG Staffing Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 07, 2024	marshall cynthia	acquired	-	-	1,831	-
Feb 07, 2024	baum richard l jr	acquired	-	-	1,831	-
Feb 07, 2024	seid paul	acquired	-	-	1,831	-
Feb 07, 2024	hailey douglas	acquired	-	-	1,831	-
Feb 07, 2024	carroll donna	acquired	-	-	1,831	-
Feb 07, 2024	allen c. david jr	acquired	-	-	1,831	-
Feb 06, 2024	hailey douglas	acquired	71,862	6.25	11,498	-
Nov 08, 2023	baum richard l jr	acquired	-	-	1,976	-
Nov 08, 2023	hailey douglas	acquired	-	-	1,976	-
Nov 08, 2023	marshall cynthia	acquired	-	-	1,976	-

Which funds bought or sold BGSF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-4.26	49,161	864,498	-%
Apr 24, 2024	ALBERT D MASON INC	added	0.04	45,000	463,000	0.29%
Apr 17, 2024	Strata Wealth Advisors, LLC	unchanged	-	26,597	274,137	0.10%
Apr 12, 2024	Bridge City Capital, LLC	added	17.9	98,886	422,396	0.15%
Mar 11, 2024	VANGUARD GROUP INC	added	2.07	-7,908	4,957,140	-%
Feb 15, 2024	JANE STREET GROUP, LLC	new	-	107,696	107,696	-%
Feb 15, 2024	BARCLAYS PLC	added	137	9,000	17,000	-%
Feb 14, 2024	Cullen Capital Management, LLC	reduced	-10.8	-51,278	350,968	-%
Feb 14, 2024	CITADEL ADVISORS LLC	sold off	-100	-55,488	-	-%
Feb 14, 2024	PERRITT CAPITAL MANAGEMENT INC	reduced	-4.19	-39,342	586,807	0.33%

Are Funds Buying or Selling BGSF?

Are funds buying BGSF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BGSF

No. of Funds

Unveiling BG Staffing Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 10, 2024	north star investment management corp.	6.67%	725,573	SC 13G/A
Feb 13, 2023	pacific ridge capital partners, llc	4.86%	510,072	SC 13G/A
Jan 10, 2023	north star investment management corp.	5.7%	593,023	SC 13G
Feb 14, 2022	pacific ridge capital partners, llc	5.75%	598,461	SC 13G
Jul 12, 2021	blackrock inc.	1.7%	174,115	SC 13G/A
Jan 29, 2021	blackrock inc.	6.4%	664,894	SC 13G/A
Feb 07, 2020	blackrock inc.	6.7%	684,743	SC 13G

Recent SEC filings of BG Staffing Inc

View All Filings

Date Filed	Form Type	Document
Mar 15, 2024	10-K	Annual Report
Mar 14, 2024	8-K	Current Report
Feb 09, 2024	8-K	Current Report
Feb 09, 2024	4	Insider Trading
Feb 09, 2024	4	Insider Trading
Feb 09, 2024	4	Insider Trading
Feb 09, 2024	4	Insider Trading
Feb 09, 2024	4	Insider Trading
Feb 09, 2024	4	Insider Trading
Feb 08, 2024	4	Insider Trading

Peers (Alternatives to BG Staffing Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	101.2B	18.6B	0.54%	16.87%	28.45	5.45	7.76%	13.08%
CTAS	67.5B	9.4B	4.99%	51.27%	44.88	7.17	9.34%	15.98%
CPRT	53.1B	4.1B	-3.43%	43.35%	39.17	13.09	10.52%	25.37%
EFX	28.0B	5.4B	-13.11%	13.93%	50.15	5.23	5.76%	-4.95%
BAH	18.9B	10.3B	-1.11%	54.68%	46.13	1.83	13.90%	-5.05%
ALLE	10.9B	3.6B	-6.38%	16.13%	20.25	3.02	4.33%	10.65%
MID-CAP
RHI	7.4B	6.4B	-8.82%	-0.04%	18.07	1.16	-11.68%	-37.51%
AL	5.7B	2.7B	2.50%	33.81%	9.31	2.13	15.87%	733.47%
SRCL	4.6B	2.6B	-11.83%	10.13%	-237.52	1.75	-3.11%	-123.81%
ABM	2.8B	8.2B	1.37%	8.46%	10.9	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	-4.31%	99.08%	21.53	0.69	104.63%	175.67%
ALTG	375.3M	1.9B	-10.76%	-16.91%	42.17	0.2	19.40%	-4.30%
ARC	117.2M	281.2M	-0.36%	-8.97%	14.23	0.42	-1.68%	-25.77%
AQMS	57.1M	1.1M	-5.66%	-56.14%	-2.39	49.78	336.95%	-55.13%
AWX	8.6M	80.5M	-2.22%	-18.12%	-4.77	0.11	-0.82%	-207.00%

BG Staffing Inc News

Latest updates

BG Staffing Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-11.9%	74.00	83.00	81.00	75.00	77.00	79.00	74.00	69.00	68.00	64.00	57.00	50.00	49.00	53.00	48.00	56.00	72.00	79.00	74.00	69.00	72.00
Gross Profit	-15.1%	25.00	30.00	30.00	27.00	27.00	28.00	25.00	23.00	23.00	22.00	19.00	16.00	16.00	17.00	15.00	18.00	19.00	22.00	21.00	18.00	19.00
S&GA Expenses	390488.3%	89.00	0.00	0.00	0.00	83.00	0.00	0.00	0.00	16.00	17.00	16.00	15.00	10.00	15.00	14.00	16.00	8.00	15.00	14.00	14.00	13.00
EBITDA Margin	-103.6%	0.00*	0.06*	0.06*	0.06*	0.07*	0.02*	0.05*	0.07*	0.07*	0.07*	0.07*	0.02*	-	-	-	-	-	-	-	-	-
Interest Expenses	303376.1%	5.00	0.00	853*	0.00	1.00	84*	-271*	300*	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	-
Income Taxes	1620407.1%	1.00	85*	450*	34*	8.00	0.00	0.00	59*	2.00	1.00	1.00	0.00	1.00	1.00	-1.69	1.00	0.00	1.00	1.00	1.00	1.00
Earnings Before Taxes	-365780.5%	-13.15	0.00	0.00	-0.02	15.00	0.00	0.00	0.00	6.00	5.00	3.00	-0.30	3.00	3.00	-6.51	2.00	4.00	6.00	5.00	3.00	6.00
EBT Margin	-187.3%	-0.04*	0.05*	0.05*	0.05*	0.05*	0.02*	0.04*	0.05*	0.05*	0.05*	0.04*	0.00*	-	-	-	-	-	-	-	-	-
Net Income	-62.2%	1.00	3.00	3.00	-16.47	2.00	5.00	3.00	16.00	5.00	5.00	3.00	1.00	2.00	3.00	-4.83	1.00	3.00	4.00	4.00	2.00	5.00
Net Income Margin	-687.0%	-0.03*	0.01*	0.01*	0.01*	0.01*	0.02*	0.04*	0.05*	0.06*	0.05*	0.04*	0.00*	-	-	-	-	-	-	-	-	-
Free Cashflow	800328.5%	20.00	0.00	0.00	0.00	-7.11	-0.01	-672*	-385*	4.00	1.00	-0.17	2.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-2.2%	179	183	187	191	195	149	136	136	148	144	139	137	130	129	127	138	116	106	104	103	100
Current Assets	91951.1%	67.00	0.00	0.00	0.00	76.00	71.00	57.00	55.00	60.00	56.00	49.00	46.00	44.00	43.00	40.00	46.00	41.00	42.00	40.00	38.00	39.00
Cash Equivalents	-	-	-	660*	70*	-	-	45*	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-
Net PPE	75820.1%	1.00	0.00	0.00	0.00	2.00	2.00	6.00	6.00	4.00	3.00	3.00	4.00	3.00	4.00	4.00	5.00	4.00	3.00	2.00	2.00	3.00
Goodwill	101841.7%	60.00	0.00	0.00	0.00	55.00	29.00	29.00	29.00	29.00	34.00	34.00	34.00	27.00	31.00	31.00	31.00	20.00	18.00	18.00	-	-
Liabilities	-0.3%	93.00	93.00	93.00	94.00	94.00	52.00	43.00	44.00	72.00	72.00	71.00	71.00	65.00	65.00	65.00	71.00	47.00	38.00	38.00	37.00	35.00
Current Liabilities	97386.5%	85.00	0.00	0.00	0.00	28.00	24.00	23.00	27.00	28.00	27.00	26.00	26.00	18.00	18.00	18.00	20.00	14.00	14.00	16.00	19.00	18.00
Long Term Debt	-100.0%	-	0.00	0.00	0.00	36.00	-	-	-	23.00	24.00	25.00	26.00	26.00	27.00	27.00	25.00	7.00	-	-	5.00	6.00
LT Debt, Current	97042.9%	34.00	0.00	0.00	0.00	4.00	-	-	-	4.00	3.00	3.00	3.00	3.00	2.00	2.00	1.00	0.00	-	-	4.00	4.00
LT Debt, Non Current	-100.0%	-	0.00	0.00	0.00	36.00	-	-	-	23.00	24.00	25.00	26.00	26.00	27.00	27.00	25.00	7.00	-	-	5.00	6.00
Shareholder's Equity	99457.7%	86.00	0.00	0.00	0.00	101	0.00	0.00	0.00	77.00	72.00	68.00	65.00	65.00	64.00	62.00	67.00	68.00	68.00	66.00	65.00	66.00
Retained Earnings	96291.0%	17.00	0.00	0.00	0.00	34.00	34.00	30.00	29.00	15.00	11.00	7.00	5.00	5.00	4.00	2.00	7.00	9.00	9.00	8.00	7.00	8.00
Additional Paid-In Capital	100283.7%	69.00	0.00	0.00	0.00	67.00	63.00	63.00	62.00	62.00	61.00	61.00	61.00	60.00	60.00	60.00	60.00	60.00	58.00	58.00	58.00	58.00
Shares Outstanding	0.9%	11.00	11.00	11.00	11.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	-	-	-	128	99.00	-	-	-	103	-	-	-	188	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	800328.5%	20,371	3.00	9.00	4.00	-7,114	-6.77	-672*	-385*	4,308	616	-172	1,911	3,969	3,186	8,454	6,648	3,989	4,803	3,781	5,382	7,045
Share Based Compensation	251899.0%	1,028	408*	75*	361*	1,084	411*	243*	211*	216	406	215	221	155	245	193	193	99.00	244	187	320	196
Cashflow From Investing	-1796731.9%	-9,505	-529*	-7.48	-745*	-8,949	-1.14	-1.49	28.00	-1,682	-457	-555	-4,327	-529	-40.45	-847	-22,730	-8,195	-860	-332	-341	-242
Cashflow From Financing	-405941.3%	-10,865	-2.68	-535*	-3.12	15,952	8.00	2.00	-27.96	-2,513	-158	728	2,417	-3,439	-3,145	-7,606	16,082	4,206	-3,942	-3,448	-5,040	-6,802
Dividend Payments	398803.4%	6,502	2.00	2.00	2.00	6,285	2.00	2.00	2.00	1,251	1,248	1,034	1,034	1,032	515	515	3,093	3,073	3,072	3,069	3,069	3,067

BGSF Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)	12 Months Ended
	Dec. 31, 2023	Jan. 01, 2023	Dec. 26, 2021
Income Statement [Abstract]
Revenues	$ 313,167,000	$ 298,422,000	$ 239,027,000
Cost of services	201,383,000	194,874,000	158,086,000
Gross profit	111,784,000	103,548,000	80,941,000
Selling, general and administrative expenses	88,650,000	83,211,000	65,116,000
Gain on contingent consideration	0	0	(2,403,000)
Impairment losses	22,545,000	0	0
Depreciation and amortization	7,774,000	4,054,000	3,698,000
Operating (loss) income	(7,185,000)	16,283,000	14,530,000
Interest expense, net	(5,976,000)	(1,363,000)	(1,433,000)
(Loss) income from continuing operations before income taxes	(13,161,000)	14,920,000	13,097,000
Income tax benefit (expense) from continuing operations	2,938,000	(3,659,000)	(2,639,000)
(Loss) income from continuing operations	(10,223,000)	11,261,000	10,458,000
Income from discontinued operations:
Income	0	1,235,000	4,570,000
Gain on sale	0	17,675,000	0
Income tax expense	0	(4,810,000)	(919,000)
Net (loss) income	(10,223,000)	25,361,000	14,109,000
Change in unrealized (losses) gains on cash flow hedges	0	(58,000)	181,000
Other comprehensive (loss) gain	0	(58,000)	181,000
Net comprehensive (loss) income	$ (10,223,000)	$ 25,303,000	$ 14,290,000
Net (loss) income per share - basic:
Net Income from continuing operations (in dollars per share)	$ (0.95)	$ 1.08	$ 1.01
Net Income from discontinued operations: Income (in dollars per share)	0	0.12	0.44
Net Income from discontinued operations: Gain on sale (in dollars per share)	0	1.69	0
Net Income from discontinued operations: Income tax expense (in dollars per share)	0	(0.46)	(0.09)
Net income per share - basic (in dollars per share)	(0.95)	2.43	1.36
Net (loss) income per share - diluted:
Net Income from continuing operations (in dollars per share)	(0.95)	1.07	1.00
Net Income from discontinued operations: Income (in dollars per share)	0	0.12	0.44
Net Income from discontinued operations: Gain on sale (in dollars per share)	0	1.69	0
Net Income from discontinued operations: Income tax expense (in dollars per share)	0	(0.46)
Net income per share - diluted (in dollars per share)	$ (0.95)	$ 2.42	$ 1.35
Weighted average shares outstanding:
Basic (in shares)	10,766,000	10,427,000	10,367,000
Diluted (in shares)	10,766,000	10,473,000	10,417,000
Cash dividends declared per common share (in dollars per share)	$ 0.60	$ 0.60

BGSF Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2023	Jan. 01, 2023	Dec. 26, 2021
Current assets
Accounts receivable (net of allowance for credit losses of $554 and $558, respectively)	$ 56,776,000	$ 66,285,000	$ 48,100,000
Prepaid expenses	2,963,000	2,418,000
Other current assets	7,172,000	7,459,000
Total current assets	66,911,000	76,162,000
Property and equipment, net	1,217,000	2,081,000
Other assets
Deposits	2,699,000	2,616,000
Software as a service, net	5,026,000	4,411,000
Deferred income taxes, net	7,271,000	2,196,000
Right-of-use asset - operating leases	5,435,000	4,462,000
Intangible assets, net	30,370,000	47,552,000
Goodwill	59,588,000	55,193,000	29,142,000
Total other assets	110,389,000	116,430,000
Total assets	178,517,000	194,673,000
Current liabilities
Accounts payable	95,000	587,000
Accrued payroll and expenses	14,902,000	19,171,000
Borrowings under revolving credit facilities	24,746,000	0
Long-term debt, current portion	34,000,000	4,000,000
Accrued interest	438,000	273,000
Income taxes payable	282,000	253,000
Contingent consideration, current portion	4,208,000	1,081,000
Convertible note	4,368,000	4,368,000
Other current liabilities	0	1,000,000
Lease liabilities, current portion	2,016,000	1,842,000
Total current liabilities	85,055,000	28,207,000
Line of credit (net of debt issuance costs of $259)	0	22,303,000
Long-term debt, less current portion	0	36,000,000
Contingent consideration, less current portion	4,112,000	0
Lease liabilities, less current portion	3,814,000	3,049,000
Other long-term liabilities	0	10,000
Total liabilities	92,981,000	93,937,000
Commitments and contingencies
Preferred stock, $0.01 par value per share, 500,000 shares authorized, -0- shares issued and outstanding	0	0
Common stock, $0.01 par value per share; 19,500,000 shares authorized, 10,887,509 and 10,772,515 shares issued and outstanding, respectively, net of treasury stock, at cost, of 3,930 and 1,845 shares, respectively	52,000	70,000
Additional paid in capital	68,551,000	67,003,000
Retained earnings	16,933,000	33,663,000
Total stockholders’ equity	85,536,000	100,736,000	$ 76,592,000
Total liabilities and stockholders’ equity	$ 178,517,000	$ 194,673,000

About BG Staffing Inc

BGSF, Inc., together with its subsidiaries, provides workforce solutions and placement services in the United States. It operates in two segments, Real Estate and Professional. The Real Estate segment offers office and maintenance field talent to various apartment communities and commercial buildings. The Professional segment provides skilled IT professionals with expertise in SAP, Workday, Peoplesoft, Hyperion, Oracle, One Stream, cyber, project management, and other IT workforce solutions, as well as finance, accounting, legal, human resource, and related support personnel. Its client partners include Fortune 500 companies, and medium and small companies, as well as consulting companies that engage in systems integration projects. The company was formerly known as BG Staffing, Inc. and changed its name to BGSF, Inc. in February 2021. BGSF, Inc. was incorporated in 2007 and is based in Plano, Texas.

CEO	Ms. Beth A. Garvey
WEBSITE	https://bgsf.com
INDUSTRY	Information Technology Services

BG Staffing Inc Frequently Asked Questions

What is the ticker symbol for BG Staffing Inc? What does BGSF stand for in stocks?

BGSF is the stock ticker symbol of BG Staffing Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of BG Staffing Inc (BGSF)?

As of Thu Apr 25 2024, market cap of BG Staffing Inc is 97.27 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BGSF stock?

You can check BGSF's fair value in chart for subscribers.

What is the fair value of BGSF stock?

You can check BGSF's fair value in chart for subscribers. The fair value of BG Staffing Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of BG Staffing Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BGSF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is BG Staffing Inc a good stock to buy?

The fair value guage provides a quick view whether BGSF is over valued or under valued. Whether BG Staffing Inc is cheap or expensive depends on the assumptions which impact BG Staffing Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BGSF.

What is BG Staffing Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, BGSF's PE ratio (Price to Earnings) is -9.51 and Price to Sales (PS) ratio is 0.31. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BGSF PE ratio will change depending on the future growth rate expectations of investors.