BGSF - BG Staffing, Inc.

NYSE American - NYSE American Delayed Price. Currency in USD
19.63
-0.02 (-0.10%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close19.65
Open19.80
Bid19.58 x 800
Ask21.44 x 900
Day's Range19.51 - 19.94
52 Week Range15.91 - 28.51
Volume30,090
Avg. Volume70,798
Market Cap200.907M
Beta (3Y Monthly)1.22
PE Ratio (TTM)12.49
EPS (TTM)1.57
Earnings DateOct 30, 2017 - Nov 3, 2017
Forward Dividend & Yield1.20 (6.07%)
Ex-Dividend Date2019-08-09
1y Target Est24.25
Trade prices are not sourced from all markets
  • Barrons.com

    What the Popeyes Chicken Sandwich Feeding Frenzy Means for Rivals

    The sandwich’s launch and subsequent Twitter debate was a viral sensation that disrupted the fast food industry and likely will shape the outcome of third quarter results for some of the largest players, one analyst says.

  • Burger King to launch meatless 'Rebel Whopper' in Brazil
    Reuters

    Burger King to launch meatless 'Rebel Whopper' in Brazil

    Burger King will launch a plant-based burger imitating meat called the "Rebel Whopper" in Brazil in November, the company said on Tuesday, amid an international rush for mass-market chains to cater to vegetarian and vegan diners. Burger King will sell the vegetarian burgers developed by meatpacker Marfrig Global Foods SA for 29.90 reais ($7.26) in Brazil, representatives of the two companies said at a press briefing in Sao Paulo. The launch of plant-based products comes amid heightened consumer concerns over health, the environment and even animal welfare, forcing companies to adapt to consumers wanting to eat less meat.

  • Reuters

    UPDATE 1-Burger King to roll out Marfrig veggie burgers nationwide in Brazil in November

    Burger King restaurants in Brazil will begin selling plant-based burgers developed by meatpacker Marfrig Global Foods SA in Sao Paulo city on Sept. 10, with a countrywide launch set for November, Marfrig said in a statement on Tuesday. Marfrig's non-meat hamburger, to be produced in partnership with Archer Daniels Midland Co., will sell for 29.90 reais ($7.26) in Brazil, the company said. The burger has been dubbed the "Rebel Whopper" and responds to the fast-food chain's market research indicating there is demand for new vegetarian products, Iuri Miranda, chief executive of Burger King in Brazil, told a press briefing on Tuesday.

  • Thomson Reuters StreetEvents

    Edited Transcript of BGSF earnings conference call or presentation 7-Aug-19 8:30pm GMT

    Full Year 2019 BG Staffing Inc Earnings and to Provide an Update on Operations Call

  • Why T-Mobile Has Partnered with Burger King
    Market Realist

    Why T-Mobile Has Partnered with Burger King

    T-Mobile is now offering subscribers a free Whopper sandwich. The wireless carrier has partnered with Burger King to reward customers.

  • Burger King's China franchisee hires Citi for stake sale: sources
    Reuters

    Burger King's China franchisee hires Citi for stake sale: sources

    HONG KONG/ISTANBUL (Reuters) - Tab Food Investments (TFI), the biggest worldwide franchisee of Burger King, has asked Citigroup to help to sell a minority stake in the business in China and Turkey, a deal which could fetch at least $200 million, two sources familiar with the matter said. Istanbul-based TFI, founded by the Kurdoglu family, operates nearly 1,700 Burger King outlets in Turkey and China. TFI began investing in China in 2012 and now has a network of more than 1,000 Burger King restaurants in more than 150 Chinese cities, according to its website.

  • Barrons.com

    Popeyes Chicken Sandwich Is a Hit but It’s Not Why Restaurant Brands Stock Is Soaring

    Restaurant Brands stock has jumped 47% year to date but it’s probably not because of the Popeyes chicken sandwich that is lighting up social media.

  • Is Now The Time To Look At Buying BG Staffing, Inc. (NYSEMKT:BGSF)?
    Simply Wall St.

    Is Now The Time To Look At Buying BG Staffing, Inc. (NYSEMKT:BGSF)?

    BG Staffing, Inc. (NYSEMKT:BGSF), which is in the professional services business, and is based in United States...

  • Bloomberg

    Burger King's $1 Billion China Franchisee Considers Hong Kong IPO

    (Bloomberg) -- Burger King’s China franchisee is weighing a Hong Kong initial public offering after earlier scrapping plans for a U.S. share sale, people with knowledge of the matter said.TAB Food Investments is considering a listing of the Chinese business, which runs more than 1,000 Burger King outlets in the country, as soon as early next year, according to the people. It could seek a valuation of about $1 billion for the operations, one of the people said, asking not to be identified because the information is private.The Istanbul-based company could raise at least $200 million from the share sale, though it hasn’t set a precise fundraising target, the people said.TAB Food has been benefiting from China’s growing middle class and consumers’ increased appetite for foreign cuisine. It competes with Yum China Holdings Inc., which manages Pizza Hut and KFC operations in the country as well as local restaurant chains such as hotpot chain Little Sheep.A deal could help provide a boost to the Hong Kong bourse, which has seen several Chinese enterprises shy away from listings as a wave of protests hit the city this summer. Some companies are still pushing ahead, with Chinese artificial intelligence startup Megvii planning to submit a listing application as soon as this week, people with knowledge of the matter said. No final decisions have been made, and details of the potential transaction could change, the people said.Popeyes Rollout“We always assess IPO possibilities,” TAB Food Chairman Erhan Kurdoglu said by phone Friday. “However, there’s no concrete development on that front as of now.”TAB Food is the biggest franchisee for Burger King globally, managing close to 1,700 restaurants in Turkey and China, according to its website. Its China business, which started in 2012, is present in more than 150 cities.The company said in February 2018 that it was postponing a planned U.S. IPO of its global operations, without giving a reason. TAB Food will continue to evaluate the timing for a proposed offering as market conditions develop, it said at the time.TAB Food is also a franchisee of Popeyes Louisiana Kitchen Inc. Last month, the company signed an agreement with Popeyes to open more than 1,500 fried chicken restaurants in China for the chain over the next decade.\--With assistance from Taylan Bilgic.To contact the reporters on this story: Vinicy Chan in Hong Kong at vchan91@bloomberg.net;Crystal Tse in Hong Kong at ctse44@bloomberg.net;Manuel Baigorri in Hong Kong at mbaigorri@bloomberg.netTo contact the editors responsible for this story: Fion Li at fli59@bloomberg.net, Ben Scent, Amy ThomsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GlobeNewswire

    BG Staffing to Present at the 2019 Gateway Conference

    BG Staffing, Inc. (NYSE American: BGSF), a growing national provider of professional temporary staffing services, today announced that Beth A. Garvey, CEO, and Dan Hollenbach, CFO, will co-present at the Gateway Conference on Thursday, September 5th at the Four Seasons Hotel in San Francisco. Management will review the Company’s recently reported Q2 results, expectations for 2019, and discuss BG’s expansion, diversification and technology initiatives. The presentation will be webcast live and slides may be accessed on the Company's website, http://bgstaffing.investorroom.com/events-webcasts.

  • InvestorPlace

    Stocks to Buy: 3 Factors of All the Best Stocks Today

    I know it can be hard to stick to your investing plan when the market is making wild swings on a daily basis. But some stocks are outperforming the market, and giving their investors plenty of good news; the key is to know where to find stocks to buy.So, let's take a quick look at current events, and you'll see why you shouldn't join the kneejerk sellers -- rather, stick with what's working.The market action has been driven primarily by more headlines about the escalating trade spat between the United States and China. After the Trump administration announced more tariffs on Chinese goods, China devalued its currency and noted that it would halt purchases of U.S. agricultural products. In the same breath, however, China also stated that it would levy tariffs on U.S. farm products in August. Talk about a mixed message.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe reality is that the United States is the breadbasket of the world, and foreign producers cannot compete with the efficiency of U.S. corn, soybean and wheat farmers. And, U.S. farmers tend to beat out the foreign competition on price, too, because U.S. farms are often larger and automated. So, since China is the largest consumer of soybeans, it cannot avoid U.S. soybean farmers for very long.Considering China's recent actions, the Trump administration labeled China as a currency manipulator. Previous U.S. administrations have been reluctant to give China this label, but the Trump administration is clearly exasperated with the ongoing trade negotiations. So, China is now being scrutinized by the IMF and may be reluctant to impose retaliatory sanctions on American goods.Then came news that our own U.S. tariffs on certain Chinese imports will be postponed from September to December. That being said, the negotiations are far from over. Wall Street remains distracted by the trade tensions, as well as escalating anti-government protests in Hong Kong. And given that it's August, the market remains particularly susceptible to these wild swings. After all, Europe and New York are on vacation and there's low liquidity in the stock market.So how do investors navigate this?You might be expecting me to say, "Buy U.S." - and you'd be right. Trade war or no, the ultra-low and even negative interest rates overseas are attracting capital to the United States nonetheless. I often say in my Growth Investor service that the U.S. market is the oasis, and the latest figures on second-quarter earnings prove this:According to FactSet, about 90% of S&P 500 companies have announced earnings and sales from the most-recent quarter. Of these companies, 75% has topped analysts' earnings estimates and 57% have beat sales forecasts. Average annual earnings growth has declined 0.7%, while average annual sales growth is running at a 4.1% pace. So, despite last week's gyrations, the foundation under the U.S. stock market remains very strong.But not all American companies are stocks to buy (especially at at time like this). My specific advice is to buy dividend growth stocks. You're looking for elite businesses that actually pay a good yield - and can sustain that dividend over time, while offering good stock performance along the way.That's the dream, for any investor…and at Growth Investor, our Elite Dividend Payers Buy List is enjoying 15% growth overall - while paying a 3.8% average yield. All because we're looking for income in the right places. Stocks to Buy: What You Want to See from Your Income InvestmentsBG Staffing (NYSEAMERICAN:BGSF) is a great example of an Elite Dividend Payer. Income stocks have a boring reputation but do not have to be boring -- and with a roughly 10% gain since last week's earnings report, BGSF is anything but. In fact, the stock was up for four days straight thereafter (which is pretty extraordinary, given the trade-war sell-off!)In the earnings report, the temporary staffing company posted a 4.1% year-over-year increase in revenue to $73.9 million, which was slightly less than Wall Street had projected. However, earnings per share came in at $0.37, which topped forecasts for $0.29 per share. So, BGSF posted a 27.6% earnings surprise.But more importantly, in a world where even the S&P 500 large-caps stocks are paying just 2%, BGSF pays a much fatter dividend - 6.3% - and that is the attraction here.So, we've already checked off two of the boxes I mentioned above: a good yield, and good stock performance.As for sustaining the dividend, BGSF is running at a three-year annualized dividend growth rate of 2%. It's paid dividends for 17-consecutive quarters, and it's expected to pay $1.20 per share over the next 12 months. Most recently, it went ex-dividend on August 9, so shareholders of record on August 12 will receive a $0.30 dividend on August 19. So, purchasing BGSF now would earn you an expected forward yield of 6.3%. And I've Got More Where That Came FromThis is why it never hurts to balance those more powerful (and potentially volatile) stocks with bulletproof stocks like my Money Magnets.To earn this distinction, a stock has to earn an A from my Dividend Grader tool - which assesses stocks much the way we did with BGSF above. Plus the stock has to earn an A from my Portfolio Grader - which assesses a stock's buying pressure from big institutional cash on Wall Street, and on 8 fundamental factors.After I run these numbers and find these AA-rated stocks, a select few stocks to buy will be added to my Elite Dividend Payers Buy List.And if you give Growth Investor a try today, you'll get instant access to my newly updated list of Money Magnets: 10 A-Rated Stocks to Buy Now.Click here for my free briefing on the warning signs I do see in the current climate. Given that we are seeing plenty of volatility, deserved or not, now is the time to own Money Magnets in YOUR portfolio.The post Stocks to Buy: 3 Factors of All the Best Stocks Today appeared first on InvestorPlace.

  • PR Newswire

    BG Staffing to Present at the Mid-West IDEAS Conference

    PLANO, Texas , Aug. 14, 2019 /PRNewswire/ -- BG Staffing, Inc. (NYSE American: BGSF), a growing national provider of professional temporary staffing services, today announced that Beth A. Garvey , CEO, ...

  • Is BG Staffing (BGSF) a Great Value Stock Right Now?
    Zacks

    Is BG Staffing (BGSF) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • MarketWatch

    Burger King parent Restaurant Brands's stock falls after 3G Capital discloses large share sale

    Shares of Restaurant Brands International Inc. fell 4.3% in morning trading Friday, after the parent of the Burger King and Tim Hortons restaurant chains disclosed that shareholder 3G Capital Partners intended to sell 20 million Restaurant Brands shares. At current stock prices, 20 million shares would be valued at $1.47 billion. The sale comes after the stock closed at a record high of $78.01 on Wednesday--it has now lost 6.1% since then--and has run up 40.1% year to date. In comparison, the S&P 500 has gained 16.2% this year. The share sale represents 10.5% of 3G's stake in Restaurant Brands, or 4.3% of the total shares outstanding, and will leave 3G with 36.7% of Restaurant Brand's common stock and total voting power, according to a late-Thursday filing with the Securities and Exchange Commission. Restaurant Brands said it would not receive any proceeds from the sale of shares.

  • Barrons.com

    Beyond Meat Blitzes Into Restaurants and the Rest of the Pack Is Playing Catch-Up

    Beyond Meat announced a partnership with Subway and Impossible Foods rolled out the Impossible Whopper in Manhattan. The rest of the protein industry is running behind.

  • TheStreet.com

    Restaurant Brands Dips After 3G Capital Plans 20 Million Share Sale

    Restaurant Brands International shares traded lower Friday after the Burger King and Popeye's owner said a key investor will sell 20 million shares at a discount to its current market price.

  • Carrols Restaurant Group (TAST) Q2 2019 Earnings Call Transcript
    Motley Fool

    Carrols Restaurant Group (TAST) Q2 2019 Earnings Call Transcript

    TAST earnings call for the period ending June 30, 2019.

  • Burger King launches new breakfast sandwiches
    Yahoo Finance Video

    Burger King launches new breakfast sandwiches

    Merely a week after the successful launch of Burger King's Impossible Whopper (a collaboration with vegan meat manufacturer, Impossible Foods), the fast-food chain is revamping its menu with a new set of breakfast sandwiches. Yahoo Finance's Myles Udland and Heidi Chung discuss.

  • Burger King launches Impossible Whopper nationwide today
    Yahoo Finance Video

    Burger King launches Impossible Whopper nationwide today

    Burger King is launching its Impossible Burger nationwide today. Yahoo Finance's Heidi Chung speaks with customers at the restaurant chain's lower Manhattan location.

  • Subway to test plant-based Beyond meatball sub
    Yahoo Finance Video

    Subway to test plant-based Beyond meatball sub

    The meatless trend continues as Subway announces plans to test a plant-based protein at nearly 700 restaurants. Starting in September and for a limited time, select locations will have the beyond meatball marinara sub as part of a new partnership with beyond meat. Yahoo Finance's Heidi Chung joins the discussion.