Sidoti Has Negative Estimate for TrueBlue Q4 Earnings

Key Points

• Sidoti lowered its Q4 2026 EPS estimate for TrueBlue to $0.20 from $0.21; the full-year consensus remains a loss of $0.09 per share.
• TrueBlue exceeded quarterly expectations, reporting $0.06 EPS versus the $0.10 loss consensus and revenue of $443 million versus estimates of $417.84 million, though profitability metrics remained negative.
• Analyst sentiment is mixed, with the stock carrying a consensus “Hold” rating and a $7.75 price target. Shares opened at $9.81, near their 52-week high of $10.25, while institutional investors own 97.15% of the company.

TrueBlue, Inc. (NYSE:TBI - Free Report) - Sidoti decreased their Q4 2026 earnings per share estimates for TrueBlue in a report released on Wednesday, August 5th. Sidoti analyst M. Riddick now expects that the business services provider will post earnings of $0.20 per share for the quarter, down from their prior estimate of $0.21. The consensus estimate for TrueBlue's current full-year earnings is ($0.09) per share.

TrueBlue (NYSE:TBI - Get Free Report) last released its earnings results on Tuesday, August 4th. The business services provider reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.10) by $0.16. TrueBlue had a negative return on equity of 6.13% and a negative net margin of 3.35%.The business had revenue of $443.00 million for the quarter, compared to the consensus estimate of $417.84 million.

Several other research analysts have also recently issued reports on the stock. Weiss Ratings raised shares of TrueBlue from a "sell (e+)" rating to a "sell (d-)" rating in a report on Thursday, July 2nd. Robert W. Baird set a $9.50 price objective on shares of TrueBlue in a report on Wednesday. Zacks Research upgraded TrueBlue from a "strong sell" rating to a "hold" rating in a research note on Monday, April 20th. Finally, Wall Street Zen upgraded TrueBlue from a "sell" rating to a "hold" rating in a research note on Saturday, June 20th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, TrueBlue presently has an average rating of "Hold" and a consensus price target of $7.75.

TrueBlue Stock Performance

Shares of TrueBlue stock opened at $9.81 on Thursday. TrueBlue has a 1 year low of $3.18 and a 1 year high of $10.25. The firm's 50-day moving average is $7.33 and its 200 day moving average is $5.55. The stock has a market cap of $298.22 million, a price-to-earnings ratio of -5.22 and a beta of 1.60. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.09 and a quick ratio of 2.09.

Institutional Trading of TrueBlue

Large investors have recently modified their holdings of the company. Militia Capital Management LLC purchased a new position in TrueBlue in the first quarter worth about $259,000. Glenmede Trust Co. NA purchased a new stake in shares of TrueBlue during the 1st quarter valued at about $53,000. Bank of America Corp DE increased its position in shares of TrueBlue by 43.0% during the 1st quarter. Bank of America Corp DE now owns 459,530 shares of the business services provider's stock valued at $1,797,000 after purchasing an additional 138,229 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of TrueBlue by 128.7% in the 1st quarter. Renaissance Technologies LLC now owns 220,934 shares of the business services provider's stock worth $864,000 after purchasing an additional 124,334 shares during the period. Finally, Sei Investments Co. lifted its stake in shares of TrueBlue by 62.2% in the 1st quarter. Sei Investments Co. now owns 116,797 shares of the business services provider's stock worth $457,000 after purchasing an additional 44,800 shares during the period. Institutional investors own 97.15% of the company's stock.

TrueBlue Company Profile

TrueBlue, Inc is a Tacoma, Washington–based workforce solutions provider specializing in temporary staffing, permanent placement and managed service solutions. Operating through its subsidiaries and brands, TrueBlue connects clients across manufacturing, logistics, retail, construction and public sector markets with skilled professionals for both short-term and long-term engagements. The company's offerings encompass on-demand blue-collar labor, specialized industrial staffing, recruitment process outsourcing (RPO) and contingent workforce management.

TrueBlue's primary service lines include PeopleReady, which supplies general labor for construction, hospitality and event services; PeopleManagement, which focuses on technical and industrial professionals; PeopleScout, a global RPO business offering end-to-end talent acquisition and consulting; and Staff Management | SMX, which delivers seasonal staffing for large-scale events, amusement parks and federal workforce contracts.

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