Barrett Business Services (NASDAQ:BBSI - Get Free Report) is expected to be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.62 per share and revenue of $293.65 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.
Barrett Business Services Stock Performance
BBSI traded down $0.68 during midday trading on Friday, reaching $40.14. The company had a trading volume of 159,317 shares, compared to its average volume of 92,318. The stock has a market cap of $1.04 billion, a PE ratio of 21.18, a P/E/G ratio of 1.25 and a beta of 1.41. The business has a 50-day moving average price of $42.93 and a two-hundred day moving average price of $39.76. Barrett Business Services has a 12-month low of $27.89 and a 12-month high of $44.97.
Analyst Upgrades and Downgrades
A number of analysts recently commented on BBSI shares. Roth Mkm upped their price target on shares of Barrett Business Services from $43.00 to $45.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. Barrington Research restated an "outperform" rating and set a $45.00 price target on shares of Barrett Business Services in a research note on Wednesday, December 11th. Finally, StockNews.com upgraded shares of Barrett Business Services from a "hold" rating to a "buy" rating in a research note on Tuesday, November 19th.
Read Our Latest Report on Barrett Business Services
Insiders Place Their Bets
In other Barrett Business Services news, Director Thomas B. Cusick sold 3,000 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $43.41, for a total value of $130,230.00. Following the sale, the director now directly owns 27,776 shares in the company, valued at $1,205,756.16. This represents a 9.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 3.70% of the company's stock.
Barrett Business Services Company Profile
(
Get Free Report)
Barrett Business Services, Inc provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.
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