Tieton Capital Management LLC Has $3.27 Million Stake in BGSF, Inc. (NYSE:BGSF)

Tieton Capital Management LLC boosted its holdings in shares of BGSF, Inc. (NYSE:BGSF) by 24.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 623,250 shares of the company’s stock after purchasing an additional 123,410 shares during the period. BGSF accounts for approximately 1.3% of Tieton Capital Management LLC’s holdings, making the stock its 28th largest holding. Tieton Capital Management LLC owned approximately 5.66% of BGSF worth $3,266,000 at the end of the most recent quarter.

Separately, Allworth Financial LP acquired a new stake in BGSF during the 4th quarter valued at $101,000. 37.19% of the stock is owned by institutional investors and hedge funds.

BGSF Stock Down 5.0 %

NYSE BGSF opened at $3.51 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.75 and a current ratio of 1.75. BGSF, Inc. has a 52 week low of $3.34 and a 52 week high of $10.50. The stock has a fifty day moving average of $4.80 and a 200-day moving average of $6.14. The stock has a market capitalization of $38.66 million, a P/E ratio of -35.07 and a beta of 1.51.

BGSF (NYSE:BGSF) last posted its earnings results on Wednesday, March 12th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.01). The company had revenue of $64.41 million for the quarter, compared to analyst estimates of $67.65 million. BGSF had a positive return on equity of 0.19% and a negative net margin of 0.48%. On average, equities research analysts forecast that BGSF, Inc. will post -0.3 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on BGSF. Roth Mkm lowered their target price on BGSF from $12.00 to $9.00 and set a “buy” rating for the company in a research note on Thursday. StockNews.com began coverage on BGSF in a research note on Monday. They issued a “hold” rating for the company.

BGSF Company Profile

BGSF, Inc, together with its subsidiaries, provides consulting, managed services, and professional workforce solutions in the United States. It operates in two segments, Property Management and Professional. The Property Management segment offers office and maintenance field talent to various apartment communities and commercial buildings.