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

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

$123.47
+0.66 (+0.54%)
(As of 04/23/2024 ET)
Today's Range
$122.89
$124.21
50-Day Range
$108.87
$126.72
52-Week Range
$76.22
$130.00
Volume
17,155 shs
Average Volume
29,951 shs
Market Capitalization
$807.49 million
P/E Ratio
16.62
Dividend Yield
0.97%
Price Target
$141.00

Barrett Business Services MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
14.2% Upside
$141.00 Price Target
Short Interest
Healthy
0.96% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.12
Upright™ Environmental Score
News Sentiment
0.45mentions of Barrett Business Services in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.80%
From $7.78 to $8.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.58 out of 5 stars

Business Services Sector

30th out of 303 stocks

Help Supply Services Industry

2nd out of 17 stocks

BBSI stock logo

About Barrett Business Services Stock (NASDAQ:BBSI)

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.

BBSI Stock Price History

BBSI Stock News Headlines

Barrett Business Services Inc
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BBSI Aug 2024 115.000 call
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Company Calendar

Last Earnings
2/28/2024
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

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
$141.00
High Stock Price Target
$141.00
Low Stock Price Target
$141.00
Potential Upside/Downside
+14.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$50.61 million
Pretax Margin
6.45%

Debt

Sales & Book Value

Annual Sales
$1.07 billion
Cash Flow
$8.76 per share
Book Value
$30.10 per share

Miscellaneous

Free Float
6,327,000
Market Cap
$803.18 million
Optionable
Optionable
Beta
1.35

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BBSI Stock Analysis - Frequently Asked Questions

Should I buy or sell Barrett Business Services stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barrett Business Services in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BBSI shares.
View BBSI analyst ratings
or view top-rated stocks.

What is Barrett Business Services' stock price target for 2024?

1 brokers have issued twelve-month target prices for Barrett Business Services' stock. Their BBSI share price targets range from $141.00 to $141.00. On average, they anticipate the company's share price to reach $141.00 in the next year. This suggests a possible upside of 14.2% from the stock's current price.
View analysts price targets for BBSI
or view top-rated stocks among Wall Street analysts.

How have BBSI shares performed in 2024?

Barrett Business Services' stock was trading at $115.80 at the beginning of the year. Since then, BBSI stock has increased by 6.6% and is now trading at $123.47.
View the best growth stocks for 2024 here
.

Are investors shorting Barrett Business Services?

Barrett Business Services saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 60,800 shares, an increase of 53.9% from the March 15th total of 39,500 shares. Based on an average daily volume of 29,700 shares, the short-interest ratio is presently 2.0 days. Approximately 1.0% of the shares of the company are short sold.
View Barrett Business Services' Short Interest
.

When is Barrett Business Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our BBSI earnings forecast
.

How can I listen to Barrett Business Services' earnings call?

Barrett Business Services will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13746013".

How were Barrett Business Services' earnings last quarter?

Barrett Business Services, Inc. (NASDAQ:BBSI) issued its quarterly earnings data on Wednesday, February, 28th. The business services provider reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.29. The business services provider had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $2.02 billion. Barrett Business Services had a trailing twelve-month return on equity of 27.69% and a net margin of 4.73%.

How often does Barrett Business Services pay dividends? What is the dividend yield for Barrett Business Services?

Barrett Business Services announced a quarterly dividend on Monday, February 26th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.30 per share on Thursday, March 28th. This represents a $1.20 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for BBSI
.

Is Barrett Business Services a good dividend stock?

Barrett Business Services (NASDAQ:BBSI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.98%. The dividend payout ratio is 16.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBSI will have a dividend payout ratio of 13.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BBSI.

What ETFs hold Barrett Business Services' stock?

ETFs with the largest weight of Barrett Business Services (NASDAQ:BBSI) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM).Roundhill Acquirers Deep Value ETF (DEEP).

What is Gary Kramer's approval rating as Barrett Business Services' CEO?

53 employees have rated Barrett Business Services Chief Executive Officer Gary Kramer on Glassdoor.com. Gary Kramer has an approval rating of 70% among the company's employees. 54.0% of employees surveyed would recommend working at Barrett Business Services to a friend.

What other stocks do shareholders of Barrett Business Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Barrett Business Services investors own include Pfizer (PFE), Enterprise Products Partners (EPD), General Motors (GM), Inovio Pharmaceuticals (INO), AT&T (T), Verizon Communications (VZ), Zynga (ZNGA), AbbVie (ABBV), Conagra Brands (CAG) and Chimerix (CMRX).

Who are Barrett Business Services' major shareholders?

Barrett Business Services' stock is owned by a number of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.28%), Bridge City Capital LLC (0.22%), Allspring Global Investments Holdings LLC (0.20%) and Penbrook Management LLC (0.07%). Insiders that own company stock include Anthony Meeker, Gary Kramer, James B Hicks, Jon L Justesen, Joseph Stephen Clabby, Thomas J Carley and Vincent P Price.
View institutional ownership trends
.

How do I buy shares of Barrett Business Services?

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.

Does Barrett Business Services have any subsidiaries?
The following companies are subsidiares of Barrett Business Services: Associated Insurance Company for Excess, BBS I LLC, Ecole Insurance Company, First Employment Services, Phillips Temps, Pro HR, and Strategic Staffing.
Read More
This page (NASDAQ:BBSI) was last updated on 4/23/2024 by MarketBeat.com Staff

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