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Is BG Staffing (BGSF) Outperforming Other Business Services Stocks This Year?
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Investors focused on the Business Services space have likely heard of BG Staffing (BGSF - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
BG Staffing is a member of the Business Services sector. This group includes 164 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. BGSF is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BGSF's full-year earnings has moved 12.07% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, BGSF has moved about 82.37% on a year-to-date basis. In comparison, Business Services companies have returned an average of 15.62%. This means that BG Staffing is performing better than its sector in terms of year-to-date returns.
To break things down more, BGSF belongs to the Staffing Firms industry, a group that includes 19 individual companies and currently sits at #61 in the Zacks Industry Rank. On average, this group has gained an average of 15.65% so far this year, meaning that BGSF is performing better in terms of year-to-date returns.
BGSF will likely be looking to continue its solid performance, so investors interested Business Services stocks should continue to pay close attention to the company.
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Is BG Staffing (BGSF) Outperforming Other Business Services Stocks This Year?
Investors focused on the Business Services space have likely heard of BG Staffing (BGSF - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
BG Staffing is a member of the Business Services sector. This group includes 164 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. BGSF is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BGSF's full-year earnings has moved 12.07% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, BGSF has moved about 82.37% on a year-to-date basis. In comparison, Business Services companies have returned an average of 15.62%. This means that BG Staffing is performing better than its sector in terms of year-to-date returns.
To break things down more, BGSF belongs to the Staffing Firms industry, a group that includes 19 individual companies and currently sits at #61 in the Zacks Industry Rank. On average, this group has gained an average of 15.65% so far this year, meaning that BGSF is performing better in terms of year-to-date returns.
BGSF will likely be looking to continue its solid performance, so investors interested Business Services stocks should continue to pay close attention to the company.