BG Staffing Earnings Estimate
| BGSF Stock | USD 9.17 0.10 1.10% |
BGSF |
BG Staffing Earnings Estimation Breakdown
The calculation of BG Staffing's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of BG Staffing is estimated to be -0.04 with the future projection ranging from a low of -0.04 to a high of -0.04. Please be aware that this consensus of annual earnings estimates for BG Staffing is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
-0.04 Lowest | Expected EPS | -0.04 Highest |
BG Staffing Earnings Projection Consensus
Suppose the current estimates of BG Staffing's value are higher than the current market price of the BG Staffing stock. In this case, investors may conclude that BG Staffing is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and BG Staffing's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2024 | Current EPS (TTM) | |
| 2 | 53.6% | 0.11 | -0.04 | -0.95 |
BG Staffing Earnings per Share Projection vs Actual
Actual Earning per Share of BG Staffing refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering BG Staffing predict the company's earnings will be in the future. The higher the earnings per share of BG Staffing, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.BG Staffing Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as BG Staffing, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of BG Staffing should always be considered in relation to other companies to make a more educated investment decision.BGSF Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact BG Staffing's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-03-14 | 2023-12-31 | 0.08 | 0.11 | 0.03 | 37 | ||
2023-11-08 | 2023-09-30 | 0.3 | 0.24 | -0.06 | 20 | ||
2023-08-10 | 2023-06-30 | 0.19 | 0.24 | 0.05 | 26 | ||
2023-05-11 | 2023-03-31 | -0.01 | 0.04 | 0.05 | 500 | ||
2023-03-08 | 2022-12-31 | 0.28 | 0.16 | -0.12 | 42 | ||
2022-11-02 | 2022-09-30 | 0.33 | 0.44 | 0.11 | 33 | ||
2022-08-03 | 2022-06-30 | 0.22 | 0.3 | 0.08 | 36 | ||
2022-04-27 | 2022-03-31 | 0.12 | 0.22 | 0.1 | 83 | ||
2022-03-10 | 2021-12-31 | 0.3 | 0.5 | 0.2 | 66 | ||
2021-11-03 | 2021-09-30 | 0.32 | 0.45 | 0.13 | 40 | ||
2021-08-05 | 2021-06-30 | 0.16 | 0.23 | 0.07 | 43 | ||
2021-05-06 | 2021-03-31 | 0.12 | 0.07 | -0.05 | 41 | ||
2021-03-11 | 2020-12-31 | 0.16 | 0.21 | 0.05 | 31 | ||
2020-11-05 | 2020-09-30 | 0.14 | 0.25 | 0.11 | 78 | ||
2020-08-05 | 2020-06-30 | -0.07 | -0.47 | -0.4 | 571 | ||
2020-05-07 | 2020-03-31 | 0.19 | 0.14 | -0.05 | 26 | ||
2020-03-12 | 2019-12-31 | 0.33 | 0.27 | -0.06 | 18 | ||
2019-11-05 | 2019-09-30 | 0.41 | 0.41 | 0.0 | 0 | ||
2019-08-07 | 2019-06-30 | 0.3 | 0.37 | 0.07 | 23 | ||
2019-05-09 | 2019-03-31 | 0.28 | 0.24 | -0.04 | 14 | ||
2019-03-12 | 2018-12-31 | 0.39 | 0.47 | 0.08 | 20 | ||
2018-10-30 | 2018-09-30 | 0.41 | 0.49 | 0.08 | 19 | ||
2018-07-27 | 2018-06-30 | 0.3 | 0.54 | 0.24 | 80 | ||
2018-04-30 | 2018-03-31 | 0.13 | 0.27 | 0.14 | 107 | ||
2018-03-08 | 2017-12-31 | 0.25 | -0.1 | -0.35 | 140 | ||
2017-10-30 | 2017-09-30 | 0.35 | 0.35 | 0.0 | 0 | ||
2017-07-27 | 2017-06-30 | 0.24 | 0.25 | 0.01 | 4 | ||
2017-04-27 | 2017-03-31 | 0.12 | 0.15 | 0.03 | 25 | ||
2017-03-06 | 2016-12-31 | 0.22 | 0.26 | 0.04 | 18 | ||
2016-10-31 | 2016-09-30 | 0.42 | 0.26 | -0.16 | 38 | ||
2016-08-01 | 2016-06-30 | 0.4 | 0.17 | -0.23 | 57 | ||
2016-04-28 | 2016-03-31 | 0.07 | 0.24 | 0.17 | 242 | ||
2016-03-07 | 2015-12-31 | 0.14 | 0.2 | 0.06 | 42 |
About BG Staffing Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of BG Staffing earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current BG Staffing estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as BG Staffing fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | 16.9 M | 11.1 M | |
| Retained Earnings Total Equity | 38.7 M | 40.6 M | |
| Earnings Yield | (0.10) | (0.1) | |
| Price Earnings Ratio | (9.90) | (10.39) | |
| Price Earnings To Growth Ratio | 0.05 | 0.05 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BG Staffing in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BG Staffing's short interest history, or implied volatility extrapolated from BG Staffing options trading.
Pair Trading with BG Staffing
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BG Staffing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BG Staffing will appreciate offsetting losses from the drop in the long position's value.Moving against BGSF Stock
| 0.42 | QRHC | Quest Resource Holding Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to BG Staffing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BG Staffing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BG Staffing - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BG Staffing to buy it.
The correlation of BG Staffing is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BG Staffing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BG Staffing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BG Staffing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BG Staffing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for BGSF Stock analysis
When running BG Staffing's price analysis, check to measure BG Staffing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BG Staffing is operating at the current time. Most of BG Staffing's value examination focuses on studying past and present price action to predict the probability of BG Staffing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BG Staffing's price. Additionally, you may evaluate how the addition of BG Staffing to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Global Correlations Find global opportunities by holding instruments from different markets |
Is BG Staffing's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BG Staffing. If investors know BGSF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BG Staffing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.47) | Dividend Share 0.6 | Earnings Share (0.95) | Revenue Per Share 29.089 | Quarterly Revenue Growth (0.05) |
The market value of BG Staffing is measured differently than its book value, which is the value of BGSF that is recorded on the company's balance sheet. Investors also form their own opinion of BG Staffing's value that differs from its market value or its book value, called intrinsic value, which is BG Staffing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BG Staffing's market value can be influenced by many factors that don't directly affect BG Staffing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BG Staffing's value and its price as these two are different measures arrived at by different means. Investors typically determine if BG Staffing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BG Staffing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.