NASDAQ:BBSI

Barrett Business Services - BBSI Stock Forecast, Price & News

$98.69

+0.56 (+0.57%)

(As of 11/25/2022 12:00 AM ET)

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Today's Range: $97.63
▼
$99.51
50-Day Range: $76.92
▼
$98.69
52-Week Range: $57.76
▼
$99.52

Volume: 20,313 shs
Average Volume: 49,636 shs
Market Capitalization: $686.88 million

P/E Ratio: 15.49
Dividend Yield: 1.22%
Price Target: $102.33

Barrett Business Services MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 3.7% Upside
$102.33 Price Target
Short Interest: Healthy
1.42% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.12
Upright™ Environmental Score
News Sentiment: 0.93
Based on 2 Articles This Week
Insider Trading: Selling Shares
$144,351 Sold Last Quarter
Proj. Earnings Growth: 10.23%
From $6.55 to $7.22 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Business Services Sector

54th out of 330 stocks

Help Supply Services Industry

4th out of 18 stocks

1.5

Analyst's Opinion

Consensus Rating
Barrett Business Services 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.
Price Target Upside/Downside
According to analysts' consensus price target of $102.33, Barrett Business Services has a forecasted upside of 3.7% from its current price of $98.69.
Amount of Analyst Coverage
Barrett Business Services has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.42% of the float of Barrett Business Services has been sold short.
Short Interest Ratio / Days to Cover
Barrett Business Services has a short interest ratio ("days to cover") of 2.2, 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 14.08%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Barrett Business Services pays a meaningful dividend of 1.22%, higher than 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 18.84%. 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 16.62% next year. This indicates that Barrett Business Services will be able to sustain or increase its dividend.

5.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Barrett Business Services has received a 89.11% net impact score from Upright. Barrett Business Services seems to create the most significant positive value in categories "Jobs", "Distributing knowledge", and "Taxes". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Corporate risk management services", "Human resources consulting", and "Payroll management software" products. See details.
Environmental Sustainability
The Environmental Impact score for Barrett Business Services is -0.12.

3.3

News and Social Media Coverage

News Sentiment
Barrett Business Services has a news sentiment score of 0.93. 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 0.63 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Barrett Business Services this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for BBSI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
3 people have added Barrett Business Services to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

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 $144,351.00 in company stock.
Percentage Held by Insiders
Only 3.00% of the stock of Barrett Business Services is held by insiders.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Barrett Business Services are expected to grow by 10.23% in the coming year, from $6.55 to $7.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Barrett Business Services is 15.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.46.
Price to Earnings Ratio vs. Sector
The P/E ratio of Barrett Business Services is 15.49, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 228.74.
Price to Earnings Growth Ratio
Barrett Business Services has a PEG Ratio of 1.07. 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 4.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Barrett Business Services (NASDAQ:BBSI) Stock

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 also 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, and professional services firms. The company was incorporated in 1965 and is headquartered in Vancouver, Washington.

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BBSI Stock News Headlines

November 22, 2022 | finance.yahoo.com

Zacks.com featured highlights include Immunocore Holdings, Old Second Bancorp, EDAP TMS, Barrett Business Services and MainStreet Bancshares

November 9, 2022 | finance.yahoo.com

Barrett Business Services Third Quarter 2022 Earnings: EPS Beats Expectations

November 8, 2022 | finance.yahoo.com

BBSI Announces Launch of BBSI U Learning Management System

November 7, 2022 | finance.yahoo.com

Why Fast-paced Mover Barrett (BBSI) Is a Great Choice for Value Investors

November 2, 2022 | finance.yahoo.com

BBSI Reports Strong Third Quarter 2022 Financial Results

October 19, 2022 | finance.yahoo.com

BBSI Sets Third Quarter 2022 Conference Call for Wednesday, November 2, 2022, at 5:00 p.m. ET

October 13, 2022 | nasdaq.com

Barrett Business Services' (NASDAQ:BBSI) investors will be pleased with their favorable 47% return over the last five years

October 9, 2022 | finance.yahoo.com

There's Been No Shortage Of Growth Recently For Barrett Business Services' (NASDAQ:BBSI) Returns On Capital

September 19, 2022 | finance.yahoo.com

BBSI Appoints Joseph S. Clabby to its Board of Directors

September 14, 2022 | finance.yahoo.com

Fidelity National's (FIS) New Platform to Better Serve SMBs

September 1, 2022 | seekingalpha.com

BBSI Barrett Business Services, Inc.

August 25, 2022 | nasdaq.com

Here's Why "Trend" Investors Would Love Betting on Barrett (BBSI)

August 22, 2022 | finance.yahoo.com

Is Barrett Business Services, Inc. (NASDAQ:BBSI) Trading At A 33% Discount?

August 19, 2022 | seekingalpha.com

Barrett Business Services: A Stock Repurchase Program That Makes Sense

August 17, 2022 | finance.yahoo.com

Fast-paced Momentum Stock Barrett (BBSI) Is Still Trading at a Bargain

August 15, 2022 | finance.yahoo.com

3 Reasons Why Barrett (BBSI) Is a Great Growth Stock

August 9, 2022 | nasdaq.com

Barrett Business Services (NASDAQ:BBSI) Has Affirmed Its Dividend Of $0.30

August 9, 2022 | msn.com

Barrett Business Services: Return On Invested Capital Insights

August 8, 2022 | nasdaq.com

Barrett (BBSI) is on the Move, Here's Why the Trend Could be Sustainable

August 3, 2022 | apnews.com

Barrett: Q2 Earnings Snapshot

August 3, 2022 | finance.yahoo.com

BBSI to Launch Premium Health Care Benefits Offering

August 3, 2022 | finance.yahoo.com

BBSI Reports Strong Second Quarter 2022 Financial Results

July 25, 2022 | nasdaq.com

Here's What Barrett Business Services, Inc.'s (NASDAQ:BBSI) Shareholder Ownership Structure Looks Like

July 20, 2022 | finance.yahoo.com

BBSI Sets Second Quarter 2022 Conference Call for Wednesday, August 3, 2022, at 5:00 p.m. ET

June 29, 2022 | finance.yahoo.com

Has International Money Express (IMXI) Outpaced Other Business Services Stocks This Year?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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BBSI Company Calendar

Last Earnings: 11/02/2021
Ex-Dividend for 9/2 Dividend: 8/18/2022
Dividend Payable: 9/02/2022
Ex-Dividend for 12/2 Dividend: 11/17/2022
Today: 11/26/2022
Dividend Payable: 12/02/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 3/01/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Help supply services
Sub-Industry: Human Resource & Employment Services
Sector: Business Services
Current Symbol: NASDAQ:BBSI
CUSIP: 06846310
CIK: 902791
Web: www.barrettbusiness.com
Phone: (360) 828-0700
Fax: 360-828-0701
Employees: 121,660
Year Founded: 1951

Price Target and Rating

Average Stock Price Forecast: $102.33
High Stock Price Forecast: $108.00
Low Stock Price Forecast: $97.00
Forecasted Upside/Downside: +3.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.37
Trailing P/E Ratio: 15.49
Forward P/E Ratio: 15.07
P/E Growth: 1.07
Net Income: $38.08 million
Net Margins: 4.46%
Pretax Margin: 6.14%
Return on Equity: 25.05%
Return on Assets: 6.21%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.35
Quick Ratio: 1.35

Sales & Book Value

Annual Sales: $955.17 million
Price / Sales: 0.72
Cash Flow: $5.82 per share
Price / Cash Flow: 16.97
Book Value: $24.61 per share
Price / Book: 4.01

Miscellaneous

Outstanding Shares: 6,960,000
Free Float: 6,753,000
Market Cap: $686.88 million
Optionable: Optionable
Beta: 1.31

Social Links

Key Executives

Mr. Gary Edward Kramer (Age 42)
Pres, CEO & Director
Comp: $2.02M

Mr. Anthony J. Harris (Age 37)
Exec. VP, CFO, Principal Accounting Officer & Treasurer
Comp: $871.48k

Mr. Gerald R. Blotz (Age 52)
Exec. VP & COO
Comp: $1.17M

Mr. James R. Potts (Age 54)
Exec. VP, Gen. Counsel & Sec.
Comp: $754.96k

Ms. Rachael Stutzman
Sr. VP of Sales & Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BBSI Stock - Frequently Asked Questions

Should I buy or sell Barrett Business Services stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Barrett Business Services in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BBSI shares.
View BBSI analyst ratings or view top-rated stocks.
What is Barrett Business Services' stock price forecast for 2023?: 2 analysts have issued 12-month price objectives for Barrett Business Services' stock. Their BBSI share price forecasts range from $97.00 to $108.00. On average, they expect the company's stock price to reach $102.33 in the next year. This suggests a possible upside of 3.7% 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 2022?: Barrett Business Services' stock was trading at $69.06 at the beginning of the year. Since then, BBSI stock has increased by 42.9% and is now trading at $98.69.
View the best growth stocks for 2022 here.
When is Barrett Business Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our BBSI earnings forecast.
How were Barrett Business Services' earnings last quarter?: Barrett Business Services, Inc. (NASDAQ:BBSI) released its earnings results on Tuesday, November, 2nd. The business services provider reported $1.96 earnings per share for the quarter, missing the consensus estimate of $2.03 by $0.07. The business services provider had revenue of $1.69 billion for the quarter, compared to analysts' expectations of $1.61 billion. Barrett Business Services had a net margin of 4.46% and a trailing twelve-month return on equity of 25.05%. During the same quarter in the prior year, the firm earned $2.40 EPS.
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 Wednesday, November 2nd. Shareholders of record on Friday, November 18th will be given a dividend of $0.30 per share on Friday, December 2nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, November 17th.
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 1.22%. The dividend payout ratio is 18.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBSI will have a dividend payout ratio of 16.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BBSI.
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).
What is Barrett Business Services' stock symbol?: Barrett Business Services trades on the NASDAQ under the ticker symbol "BBSI."
Who are Barrett Business Services' major shareholders?: Barrett Business Services' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.42%), Vanguard Group Inc. (5.08%), Dimensional Fund Advisors LP (3.80%), Private Capital Management LLC (3.77%), State Street Corp (2.90%) and Renaissance Technologies LLC (2.88%). Insiders that own company stock include Anthony Meeker, Gary Kramer, Gerald Blotz, James B Hicks, Jon L Justesen, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Barrett Business Services' stock price today?: One share of BBSI stock can currently be purchased for approximately $98.69.
How much money does Barrett Business Services make?: Barrett Business Services (NASDAQ:BBSI) has a market capitalization of $686.88 million and generates $955.17 million in revenue each year. The business services provider earns $38.08 million in net income (profit) each year or $6.37 on an earnings per share basis.
How many employees does Barrett Business Services have?: The company employs 121,660 workers across the globe.
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
How can I contact Barrett Business Services?: Barrett Business Services' mailing address is 8100 NE PARKWAY DRIVE SUITE 200, VANCOUVER WA, 98662. The official website for the company is www.barrettbusiness.com. The business services provider can be reached via phone at (360) 828-0700, via email at bbsi@gatewayir.com, or via fax at 360-828-0701.

This page (NASDAQ:BBSI) was last updated on 11/26/2022 by MarketBeat.com Staff

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