BGSF Inc (NYSE: BGSF)’s stock price has gone decline by -15.66 in comparison to its previous close of 9.13, however, the company has experienced a -11.60% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-01-11 that BGSF, CENTA and JEF have been added to the Zacks Rank #5 (Strong Sell) List on January 11, 2024.
Is It Worth Investing in BGSF Inc (NYSE: BGSF) Right Now?
The price-to-earnings ratio for BGSF Inc (NYSE: BGSF) is 15.25x, which is above its average ratio. Moreover, the 36-month beta value for BGSF is 1.65. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BGSF is 10.05M and currently, short sellers hold a 0.31% of that float. On May 10, 2024, BGSF’s average trading volume was 11.65K shares.
BGSF’s Market Performance
BGSF’s stock has seen a -11.60% decrease for the week, with a -18.00% drop in the past month and a -24.66% fall in the past quarter. The volatility ratio for the week is 6.19%, and the volatility levels for the past 30 days are at 3.20% for BGSF Inc The simple moving average for the past 20 days is -14.38% for BGSF’s stock, with a -20.34% simple moving average for the past 200 days.
Analysts’ Opinion of BGSF
Many brokerage firms have already submitted their reports for BGSF stocks, with ROTH Capital repeating the rating for BGSF by listing it as a “Buy.” The predicted price for BGSF in the upcoming period, according to ROTH Capital is $18 based on the research report published on December 01, 2015 of the previous year 2015.
BGSF Trading at -19.23% from the 50-Day Moving Average
After a stumble in the market that brought BGSF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.19% of loss for the given period.
Volatility was left at 3.20%, however, over the last 30 days, the volatility rate increased by 6.19%, as shares sank -16.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.14% lower at present.
During the last 5 trading sessions, BGSF fell by -11.60%, which changed the moving average for the period of 200-days by -21.75% in comparison to the 20-day moving average, which settled at $8.92. In addition, BGSF Inc saw -18.09% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BGSF starting from HAILEY DOUGLAS, who purchase 19,079 shares at the price of $9.33 back on May 18 ’23. After this action, HAILEY DOUGLAS now owns 185,275 shares of BGSF Inc, valued at $177,918 using the latest closing price.
HAILEY DOUGLAS, the Director of BGSF Inc, purchase 921 shares at $9.00 during a trade that took place back on May 17 ’23, which means that HAILEY DOUGLAS is holding 166,196 shares at $8,289 based on the most recent closing price.
Stock Fundamentals for BGSF
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.35 for the gross margin
The net margin for BGSF Inc stands at 0.02. The total capital return value is set at 0.1. Equity return is now at value 6.54, with 3.18 for asset returns.
Based on BGSF Inc (BGSF), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is 3.94.
Currently, EBITDA for the company is 23.13 million with net debt to EBITDA at 2.95. When we switch over and look at the enterprise to sales, we see a ratio of 0.47. The receivables turnover for the company is 5.85for trailing twelve months and the total asset turnover is 1.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.09.
Conclusion
To wrap up, the performance of BGSF Inc (BGSF) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
