New activity is brewing for BGSF ( (BGSF) ). The company has submitted a Form DEFM14A to the SEC, indicating an upcoming shareholder vote. This form gives shareholders all the information they need to develop an informed vote. Read on to learn more about the proposed company action.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
On June 14, 2025, BGSF, Inc. entered into an Equity Purchase Agreement with INSPYR Solutions Intermediate, LLC to sell its Professional Division and related assets for $99 million. The sale, considered a significant divestiture of BGSF’s assets, requires stockholder approval at a special meeting scheduled for September 4, 2025. The Board of Directors has unanimously endorsed the sale, emphasizing its strategic importance for the company.
The most recent analyst rating on (BGSF) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on BGSF stock, see the BGSF Stock Forecast page.
Spark’s Take on BGSF Stock
According to Spark, TipRanks’ AI Analyst, BGSF is a Neutral.
BGSF’s stock score is primarily influenced by its financial performance, which shows challenges in profitability and revenue growth. Technical analysis signals short-term bullish momentum but longer-term concerns. The valuation is unattractive due to negative earnings and lack of dividends. Positive strategic initiatives mentioned in the earnings call provide some optimism, but revenue declines and segment challenges remain significant risks.
To see Spark’s full report on BGSF stock, click here.
More about BGSF
BGSF, Inc. operates in the staffing industry, providing workforce solutions and services. The company focuses on delivering staffing services across various sectors, including professional, finance, and accounting divisions.
Average Trading Volume: 110,748
Technical Sentiment Signal: Sell
Current Market Cap: $70.32M
For detailed information about BGSF stock, go to TipRanks’ Stock Analysis page.