The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. BG Staffing (BGSF - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of BGSF and the rest of the Business Services group's stocks.
BG Staffing is a member of the Business Services sector. This group includes 166 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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 three months, the Zacks Consensus Estimate for BGSF's full-year earnings has moved 6.11% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that BGSF has returned about 29.99% since the start of the calendar year. Meanwhile, stocks in the Business Services group have gained about 14.85% on average. As we can see, BG Staffing is performing better than its sector in the calendar year.
Breaking things down more, BGSF is a member of the Staffing Firms industry, which includes 19 individual companies and currently sits at #62 in the Zacks Industry Rank. This group has gained an average of 10.55% so far this year, so BGSF is performing better in this area.
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.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. BG Staffing (BGSF - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of BGSF and the rest of the Business Services group's stocks.
BG Staffing is a member of the Business Services sector. This group includes 166 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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 three months, the Zacks Consensus Estimate for BGSF's full-year earnings has moved 6.11% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that BGSF has returned about 29.99% since the start of the calendar year. Meanwhile, stocks in the Business Services group have gained about 14.85% on average. As we can see, BG Staffing is performing better than its sector in the calendar year.
Breaking things down more, BGSF is a member of the Staffing Firms industry, which includes 19 individual companies and currently sits at #62 in the Zacks Industry Rank. This group has gained an average of 10.55% so far this year, so BGSF is performing better in this area.
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.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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