Sidoti Csr Analysts Decrease Earnings Estimates for TrueBlue

TrueBlue, Inc. (NYSE:TBI - Free Report) - Stock analysts at Sidoti Csr reduced their Q2 2025 EPS estimates for shares of TrueBlue in a research note issued on Tuesday, May 6th. Sidoti Csr analyst M. Riddick now expects that the business services provider will earn ($0.31) per share for the quarter, down from their previous forecast of ($0.18). The consensus estimate for TrueBlue's current full-year earnings is $0.15 per share. Sidoti Csr also issued estimates for TrueBlue's Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.03 EPS and FY2025 earnings at ($0.64) EPS.

Separately, StockNews.com raised TrueBlue from a "sell" rating to a "hold" rating in a research note on Sunday, March 2nd.

TrueBlue Trading Up 24.5%

Shares of TBI traded up $1.14 on Thursday, reaching $5.79. 3,079,578 shares of the company's stock were exchanged, compared to its average volume of 245,081. The business has a 50 day moving average price of $4.92 and a two-hundred day moving average price of $6.67. TrueBlue has a 12 month low of $3.45 and a 12 month high of $12.29. The stock has a market capitalization of $172.91 million, a P/E ratio of -1.39, a price-to-earnings-growth ratio of 3.01 and a beta of 1.39. The company has a current ratio of 1.73, a quick ratio of 1.85 and a debt-to-equity ratio of 0.02.

TrueBlue (NYSE:TBI - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The business services provider reported ($0.40) EPS for the quarter, missing analysts' consensus estimates of ($0.23) by ($0.17). The firm had revenue of $370.25 million during the quarter, compared to the consensus estimate of $362.37 million. TrueBlue had a negative net margin of 8.02% and a negative return on equity of 3.90%.

Insider Buying and Selling

In other news, CEO Taryn R. Owen purchased 12,735 shares of the company's stock in a transaction on Wednesday, February 26th. The shares were purchased at an average price of $5.94 per share, with a total value of $75,645.90. Following the purchase, the chief executive officer now directly owns 414,932 shares of the company's stock, valued at $2,464,696.08. This trade represents a 3.17% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Carl Schweihs acquired 10,000 shares of TrueBlue stock in a transaction dated Monday, February 24th. The shares were purchased at an average cost of $6.25 per share, with a total value of $62,500.00. Following the completion of the transaction, the chief financial officer now directly owns 166,551 shares of the company's stock, valued at $1,040,943.75. This trade represents a 6.39% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 25,235 shares of company stock valued at $151,271. 5.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On TrueBlue

A number of hedge funds and other institutional investors have recently bought and sold shares of TBI. GAMMA Investing LLC boosted its holdings in TrueBlue by 217.2% during the first quarter. GAMMA Investing LLC now owns 8,135 shares of the business services provider's stock worth $43,000 after purchasing an additional 5,570 shares during the last quarter. XTX Topco Ltd bought a new stake in TrueBlue during the 1st quarter worth about $86,000. AE Wealth Management LLC boosted its stake in shares of TrueBlue by 55.2% during the 1st quarter. AE Wealth Management LLC now owns 19,616 shares of the business services provider's stock worth $104,000 after buying an additional 6,973 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of TrueBlue during the 4th quarter worth about $108,000. Finally, Proficio Capital Partners LLC bought a new position in shares of TrueBlue in the 4th quarter valued at about $116,000. Institutional investors and hedge funds own 97.15% of the company's stock.

About TrueBlue

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.