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TrueBlue (TBI) Stock Price, News & Analysis

TrueBlue logo
$7.80 -0.07 (-0.83%)
As of 01/22/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About TrueBlue Stock (NYSE:TBI)

Key Stats

Today's Range
$7.76
$7.94
50-Day Range
$6.75
$8.96
52-Week Range
$6.63
$14.91
Volume
102,308 shs
Average Volume
121,578 shs
Market Capitalization
$230.42 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.50
Consensus Rating
Buy

Company Overview

TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries. The PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes on-site management and recruitment for the contingent industrial workforce of manufacturing, warehousing, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The company PeopleScout segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform for sourcing, screening, and delivering a permanent workforce to its clients; talent advisory services, such as employer branding, recruitment marketing, talent insights, diversity, equity and inclusion consulting, candidate assessment, and talent acquisition strategy consulting services; and contingent labor programs including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company was incorporated in 1985 and is headquartered in Tacoma, Washington.

TrueBlue Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
70th Percentile Overall Score

TBI MarketRank™: 

TrueBlue scored higher than 70% of companies evaluated by MarketBeat, and ranked 111th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TrueBlue has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    TrueBlue has only been the subject of 1 research reports in the past 90 days.

  • Read more about TrueBlue's stock forecast and price target.
  • Earnings Growth

    Earnings for TrueBlue are expected to grow in the coming year, from ($0.56) to $0.15 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TrueBlue is -2.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TrueBlue is -2.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    TrueBlue has a PEG Ratio of 3.73. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    TrueBlue has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about TrueBlue's valuation and earnings.
  • Percentage of Shares Shorted

    2.93% of the float of TrueBlue has been sold short.
  • Short Interest Ratio / Days to Cover

    TrueBlue has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in TrueBlue has recently decreased by 17.94%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    TrueBlue does not currently pay a dividend.

  • Dividend Growth

    TrueBlue does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.93% of the float of TrueBlue has been sold short.
  • Short Interest Ratio / Days to Cover

    TrueBlue has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in TrueBlue has recently decreased by 17.94%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    TrueBlue has a news sentiment score of 1.83. 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 0.67 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for TrueBlue this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, TrueBlue insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.00% of the stock of TrueBlue is held by insiders.

  • Percentage Held by Institutions

    97.15% of the stock of TrueBlue is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about TrueBlue's insider trading history.
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TBI Stock News Headlines

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TBI Stock Analysis - Frequently Asked Questions

TrueBlue's stock was trading at $8.40 on January 1st, 2025. Since then, TBI shares have decreased by 7.2% and is now trading at $7.7950.
View the best growth stocks for 2025 here
.

TrueBlue, Inc. (NYSE:TBI) issued its quarterly earnings data on Monday, November, 4th. The business services provider reported ($0.11) earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.04. The firm's revenue for the quarter was down 19.2% on a year-over-year basis.

Top institutional investors of TrueBlue include Assenagon Asset Management S.A. (0.74%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include Taryn R Owen, Garrett Ferencz, Richard P Betori, Carl Schweihs, Kristy A Fitzsimmons-Willis, Kim Harris Jones, Kristi A Savacool, Robert C Kreidler, William C Goings, Richard Christensen and Derrek Lane Gafford.
View institutional ownership trends
.

Shares of TBI 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that TrueBlue investors own include Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Visa (V).

Company Calendar

Last Earnings
11/04/2024
Today
1/22/2025
Next Earnings (Estimated)
2/19/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Help supply services
Sub-Industry
Human Resource & Employment Services
CUSIP
89785X10
Employees
5,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.50
High Stock Price Target
$13.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+47.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-14,170,000.00
Pretax Margin
-5.13%

Debt

Sales & Book Value

Annual Sales
$1.91 billion
Cash Flow
$1.41 per share
Book Value
$14.70 per share

Miscellaneous

Free Float
28,377,000
Market Cap
$230.42 million
Optionable
Optionable
Beta
1.43

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This page (NYSE:TBI) was last updated on 1/23/2025 by MarketBeat.com Staff
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