NASDAQ:BBSIBarrett Business Services Stock Price, Forecast & News

Barrett Business Services' stock was trading at $51.17 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BBSI stock has decreased by 10.7% and is now trading at $45.67. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barrett Business Services in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Barrett Business Services.

Barrett Business Services is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Barrett Business Services.

Barrett Business Services, Inc. (NASDAQ:BBSI) posted its quarterly earnings data on Tuesday, May, 5th. The business services provider reported ($0.45) EPS for the quarter, missing the Zacks' consensus estimate of ($0.29) by $0.16. The business services provider earned $1.44 billion during the quarter, compared to analyst estimates of $1.46 billion. Barrett Business Services had a net margin of 5.00% and a return on equity of 29.92%. View Barrett Business Services' earnings history.

Barrett Business Services declared a quarterly dividend on Tuesday, May 5th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.30 per share on Friday, June 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date of this dividend is Thursday, May 21st. View Barrett Business Services' dividend history.

3 brokerages have issued 12 month target prices for Barrett Business Services' shares. Their forecasts range from $77.00 to $102.00. On average, they expect Barrett Business Services' share price to reach $93.67 in the next twelve months. This suggests a possible upside of 105.1% from the stock's current price. View analysts' price targets for Barrett Business Services.

Media headlines about BBSI stock have trended very negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Barrett Business Services earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave news stories about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutBarrett Business Services.

Some companies that are related to Barrett Business Services include Tradeweb Markets (TW), Robert Half International (RHI), ManpowerGroup (MAN), ASGN (ASGN), Wageworks (WAGE), Insperity (NSP), Korn Ferry (KFY), Kforce (KFRC), Trueblue (TBI), Kelly Services (KELYA), Heidrick & Struggles International (HSII), GP Strategies (GPX) and Hudson Global (HSON). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Barrett Business Services investors own include AbbVie (ABBV), Baidu (BIDU), Enterprise Products Partners (EPD), AT&T (T), Verizon Communications (VZ), Broadcom (AVGO), Alibaba Group (BABA), Conagra Brands (CAG), Carnival (CCL) and CenterPoint Energy (CNP).

Barrett Business Services trades on the NASDAQ under the ticker symbol "BBSI."

Barrett Business Services' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.13%), JPMorgan Chase & Co. (6.40%), Cloverdale Capital Management LLC (3.38%), State Street Corp (2.25%), Geode Capital Management LLC (1.69%) and AQR Capital Management LLC (1.54%). Company insiders that own Barrett Business Services stock include Anthony Meeker, Gary Kramer, Gerald Blotz, Gregory R Vaughn, James B Hicks, Jon L Justesen, Michael L Elich and Thomas J Carley. View institutional ownership trends for Barrett Business Services.

BBSI stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Nuveen Asset Management LLC, Geode Capital Management LLC, Ironwood Investment Management LLC, Morgan Stanley, Invesco Ltd., Mackay Shields LLC, and Russell Investments Group Ltd.. Company insiders that have sold Barrett Business Services company stock in the last year include Anthony Meeker, Gary Kramer, Gerald Blotz, James B Hicks, Michael L Elich, and Thomas J Carley. View insider buying and selling activity for Barrett Business Services.

BBSI stock was acquired by a variety of institutional investors in the last quarter, including Cloverdale Capital Management LLC, Clark Estates Inc. NY, Polaris Capital Management LLC, Foundry Partners LLC, Engineers Gate Manager LP, Assenagon Asset Management S.A., Alberta Investment Management Corp, and State Board of Administration of Florida Retirement System. View insider buying and selling activity for Barrett Business Services.

Shares of BBSI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BBSI stock can currently be purchased for approximately $45.67.

Barrett Business Services has a market capitalization of $344.35 million and generates $942.31 million in revenue each year. The business services provider earns $48.29 million in net income (profit) each year or $6.27 on an earnings per share basis. Barrett Business Services employs 127,085 workers across the globe.

The official website for Barrett Business Services is www.barrettbusiness.com.

Barrett Business Services' mailing address is 8100 NE PARKWAY DRIVE SUITE 200, VANCOUVER WA, 98662. The business services provider can be reached via phone at 360-828-0700 or via email at [email protected]