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NASDAQ:BBSI

Barrett Business Services (BBSI) Stock Price, News & Analysis

Barrett Business Services logo
$41.90 -0.66 (-1.55%)
(As of 04:14 PM ET)

About Barrett Business Services Stock (NASDAQ:BBSI)

Key Stats

Today's Range
$41.34
$42.74
50-Day Range
$34.57
$42.88
52-Week Range
$26.60
$43.29
Volume
264,501 shs
Average Volume
136,589 shs
Market Capitalization
$1.09 billion
P/E Ratio
22.11
Dividend Yield
0.76%
Price Target
$41.67
Consensus Rating
Moderate Buy

Company Overview

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. It offers professional employer services under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers compensation coverage, and other administration functions for the client's existing workforce. The company provides staffing and recruiting services, such as on-demand or short-term staffing assignment, contract staffing, direct placement, and long-term or indefinite-term on-site management services. It serves electronics manufacturers, light-manufacturing industries, agriculture-based companies, transportation and shipping enterprises, food processors, telecommunications companies, public utilities, general contractors in various construction-related fields, restaurant franchises, and professional services firms. Barrett Business Services, Inc. was incorporated in 1965 and is headquartered in Vancouver, Washington.

Barrett Business Services Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
94th Percentile Overall Score

BBSI MarketRank™: 

Barrett Business Services scored higher than 94% of companies evaluated by MarketBeat, and ranked 24th out of 337 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Barrett Business Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Barrett Business Services has only been the subject of 2 research reports in the past 90 days.

  • Read more about Barrett Business Services' stock forecast and price target.
  • Earnings Growth

    Earnings for Barrett Business Services are expected to grow by 10.50% in the coming year, from $2.00 to $2.21 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Barrett Business Services is 22.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.11.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Barrett Business Services is 22.07, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 45.04.

  • Price to Earnings Growth Ratio

    Barrett Business Services has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Barrett Business Services has a P/B Ratio of 5.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Barrett Business Services' valuation and earnings.
  • Percentage of Shares Shorted

    1.78% of the outstanding shares of Barrett Business Services have been sold short.
  • Short Interest Ratio / Days to Cover

    Barrett Business Services has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Barrett Business Services has recently decreased by 5.35%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Barrett Business Services has a dividend yield of 0.75%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Barrett Business Services does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Barrett Business Services is 16.89%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Barrett Business Services will have a dividend payout ratio of 14.48% next year. This indicates that Barrett Business Services will be able to sustain or increase its dividend.

  • Read more about Barrett Business Services' dividend.
  • Percentage of Shares Shorted

    1.78% of the outstanding shares of Barrett Business Services have been sold short.
  • Short Interest Ratio / Days to Cover

    Barrett Business Services has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Barrett Business Services has recently decreased by 5.35%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Barrett Business Services has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 28 news articles for Barrett Business Services this week, compared to 3 articles on an average week.
  • Search Interest

    4 people have searched for BBSI on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Barrett Business Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,229,969.00 in company stock.

  • Percentage Held by Insiders

    Only 3.70% of the stock of Barrett Business Services is held by insiders.

  • Percentage Held by Institutions

    86.76% of the stock of Barrett Business Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Barrett Business Services' insider trading history.
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BBSI Stock News Headlines

Roth Capital Has Negative Outlook of BBSI FY2024 Earnings
Equities Analysts Issue Forecasts for BBSI FY2024 Earnings
Breaking News: Tesla headed to $500…
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BBSI Reports Strong Third Quarter 2024 Financial Results
Q3 2024 Barrett Business Services Inc Earnings Call
Barrett Business Services Reports Strong Q3 2024 Results
See More Headlines

BBSI Stock Analysis - Frequently Asked Questions

Barrett Business Services' stock was trading at $28.95 at the start of the year. Since then, BBSI stock has increased by 44.5% and is now trading at $41.83.
View the best growth stocks for 2024 here
.

Barrett Business Services, Inc. (NASDAQ:BBSI) issued its quarterly earnings results on Wednesday, July, 31st. The business services provider reported $0.62 EPS for the quarter, beating the consensus estimate of $0.58 by $0.04. Barrett Business Services's revenue for the quarter was up 5.7% compared to the same quarter last year.

Barrett Business Services shares split on the morning of Monday, June 24th 2024. The 4-1 split was announced on Monday, June 24th 2024. The newly issued shares were distributed to shareholders after the closing bell on Monday, June 24th 2024. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

Barrett Business Services subsidiaries include these companies: First Employment Services, Phillips Temps, Strategic Staffing, Pro HR, Associated Insurance Company for Excess, BBS I LLC, and Ecole Insurance Company.

Barrett Business Services' top institutional investors include Mawer Investment Management Ltd. (7.02%), FMR LLC (6.28%), Royce & Associates LP (3.32%) and Thrivent Financial for Lutherans (1.67%). Insiders that own company stock include Gary Kramer, Thomas J Carley, Anthony Meeker, Jon L Justesen, Thomas B Cusick, Carla A Moradi, Joseph Stephen Clabby and Vincent P Price.
View institutional ownership trends
.

Shares of BBSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Barrett Business Services investors own include Humana (HUM), NVIDIA (NVDA), Broadcom (AVGO), American Water Works (AWK), Meta Platforms (META), TotalEnergies (TTE) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
7/31/2024
Ex-Dividend for 8/30 Dividend
8/16/2024
Dividend Payable
8/30/2024
Today
11/14/2024
Ex-Dividend for 12/6 Dividend
11/22/2024
Dividend Payable
12/06/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/26/2025

Industry, Sector and Symbol

Industry
Help supply services
Sub-Industry
Human Resource & Employment Services
Current Symbol
NASDAQ:BBSI
CUSIP
06846310
Employees
130,513
Year Founded
1951

Price Target and Rating

Average Stock Price Target
$41.67
High Stock Price Target
$45.00
Low Stock Price Target
$35.00
Potential Upside/Downside
-0.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$50.61 million
Pretax Margin
6.04%

Debt

Sales & Book Value

Annual Sales
$1.07 billion
Cash Flow
$2.13 per share
Book Value
$8.30 per share

Miscellaneous

Free Float
24,977,000
Market Cap
$1.09 billion
Optionable
Optionable
Beta
1.39

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This page (NASDAQ:BBSI) was last updated on 11/14/2024 by MarketBeat.com Staff
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