Somewhat Favorable Press Coverage Somewhat Unlikely to Affect BG Staffing (BGSF) Share Price

Media headlines about BG Staffing (NASDAQ:BGSF) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BG Staffing earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.3624735477076 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Separately, Zacks Investment Research downgraded BG Staffing from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th.

BG Staffing (NASDAQ:BGSF) last released its quarterly earnings data on Thursday, July 27th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. BG Staffing had a return on equity of 22.69% and a net margin of 3.32%. The business had revenue of $68.77 million during the quarter, compared to analysts’ expectations of $70.05 million.

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About BG Staffing

BG Staffing, Inc (BG Staffing) is a provider of temporary staffing services. The Company provides temporary workers to a range of customers that are seeking to match their workforce requirements to their business needs. Its customers operate across a diverse set of industries. The Company’s operations are organized into three segments: Commercial, Multifamily and Professional.

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