BG Staffing, Inc. (BGSF Quick QuoteBGSF - Free Report) is a provider of staffing services that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on BGSF’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that BG Staffing could be a solid choice for investors.

Current Quarter Estimates for BGSF

In the past 30 days, 1 estimate has gone higher for BG Staffing while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 23 cents a share 30 days ago, to 40 cents today, a move of 73.9%.

Current Year Estimates for BGSF

Meanwhile, BG Staffing’s current year figures are also looking quite promising, with one estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.04 per share 30 days ago to $1.63 per share today, an increase of 56.7%.

BG STAFFING INC Price and Consensus

BG STAFFING INC Price and Consensus | BG STAFFING INC Quote

Bottom Line

The stock has also started to move higher lately, adding 18.8% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future.

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