NASDAQ:BBSIBarrett Business Services Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Barrett Business Services, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $50.60 -0.10 (-0.20 %) (As of 06/2/2020 04:00 PM ET) Add Compare Share Today's Range$50.50Now: $50.60▼$51.7050-Day Range$40.01MA: $44.93▼$52.8252-Week Range$27.25Now: $50.60▼$95.64Volume47,800 shsAverage Volume59,288 shsMarket Capitalization$381.37 millionP/E Ratio8.28Dividend Yield2.37%Beta1.56 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. It develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. The company 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. It 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. The company serves electronics manufacturers, various 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. Barrett Business Services, Inc. was incorporated in 1965 and is headquartered in Vancouver, Washington.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingBarrett Business Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $77.00, Barrett Business Services has a potential upside of 52.2% from its current price of $50.60.Amount of Analyst CoverageBarrett Business Services has only been the subject of 2 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesBarrett Business Services has received 276 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBarrett Business Services has received 264 “underperform” votes. (Add your “underperform” vote.)Community SentimentBarrett Business Services has received 51.11% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Barrett Business Services and other stocks. Vote “Outperform” if you believe BBSI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BBSI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipBarrett Business Services is a leading dividend payer. It pays a dividend yield of 2.37%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBarrett Business Services has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Barrett Business Services is 19.14 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Barrett Business Services will have a dividend payout ratio of 22.64 % next year. This indicates that Barrett Business Services will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn 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 $157,412.00 in company stock.Percentage Held by InsidersOnly 2.20% of the stock of Barrett Business Services is held by insiders.Percentage Held by Institutions79.54% of the stock of Barrett Business Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Barrett Business Services are expected to grow by 65.63% in the coming year, from $3.20 to $5.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Barrett Business Services is 8.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Barrett Business Services is 8.28, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 21.26.Price to Earnings Growth RatioBarrett Business Services has a PEG Ratio of 1.32. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBarrett Business Services has a P/B Ratio of 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.71 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Help supply services Sub-IndustryHuman Resource & Employment Services SectorBusiness Services Current SymbolNASDAQ:BBSI Previous Symbol CUSIP06846310 CIK902791 Webwww.barrettbusiness.com Phone360-828-0700Debt Debt-to-Equity Ratio0.14 Current Ratio1.16 Quick Ratio1.16Price-To-Earnings Trailing P/E Ratio8.28 Forward P/E Ratio15.81 P/E Growth1.32 Sales & Book Value Annual Sales$942.31 million Price / Sales0.40 Cash Flow$6.95 per share Price / Cash Flow7.28 Book Value$22.92 per share Price / Book2.21Profitability EPS (Most Recent Fiscal Year)$6.27 Net Income$48.29 million Net Margins5.00% Return on Equity29.92% Return on Assets5.51%Miscellaneous Employees127,085 Outstanding Shares7,537,000Market Cap$381.37 million Next Earnings Date8/4/2020 (Estimated) OptionableOptionable NASDAQ:BBSI Rates by TradingView Receive BBSI News and Ratings via Email Sign-up to receive the latest news and ratings for BBSI and its competitors with MarketBeat's FREE daily newsletter. Barrett Business Services (NASDAQ:BBSI) Frequently Asked Questions How has Barrett Business Services' stock been impacted by COVID-19 (Coronavirus)? Barrett Business Services' stock was trading at $51.17 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BBSI stock has decreased by 1.1% and is now trading at $50.60. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Barrett Business Services? 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. When is Barrett Business Services' next earnings date? 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. How were Barrett Business Services' earnings last quarter? Barrett Business Services, Inc. (NASDAQ:BBSI) announced its quarterly earnings data on Tuesday, May, 5th. The business services provider reported ($0.45) EPS for the quarter, missing the consensus estimate of ($0.29) by $0.16. The business services provider earned $1.44 billion during the quarter, compared to analysts' expectations 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. 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 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 2.37%. The ex-dividend date of this dividend is Thursday, May 21st. View Barrett Business Services' dividend history. What price target have analysts set for BBSI? 3 brokerages have issued twelve-month price objectives for Barrett Business Services' stock. Their forecasts range from $52.00 to $102.00. On average, they expect Barrett Business Services' stock price to reach $77.00 in the next twelve months. This suggests a possible upside of 52.2% from the stock's current price. View analysts' price targets for Barrett Business Services. Has Barrett Business Services been receiving favorable news coverage? Media headlines about BBSI stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Barrett Business Services earned a media sentiment score of -3.5 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutBarrett Business Services. Who are some of Barrett Business Services' key competitors? 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), Kelly Services (KELYA), Trueblue (TBI), Heidrick & Struggles International (HSII), GP Strategies (GPX) and Hudson Global (HSON). View all competitors. 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 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). Who are Barrett Business Services' key executives? Barrett Business Services' management team includes the following people: Mr. Michael L. Elich, CEO, Pres & Director (Age 54)Mr. Gary Edward Kramer, VP of Fin., Treasurer, Chief Financial & Accounting Officer and Sec. (Age 39)Mr. Gregory R. Vaughn, Chief Operating Officer - Corp. Operations (Age 63)Mr. Gerald R. Blotz, COO of Field Operations & VP (Age 49)Ms. Heather E. Gould, Chief Strategy Officer & VP (Age 45) 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. (7.13%), 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. Which major investors are selling Barrett Business Services stock? 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. Which major investors are buying Barrett Business Services stock? 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. How do I buy shares of 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. What is Barrett Business Services' stock price today? One share of BBSI stock can currently be purchased for approximately $50.60. How big of a company is Barrett Business Services? Barrett Business Services has a market capitalization of $381.37 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. What is Barrett Business Services' official website? The official website for Barrett Business Services is www.barrettbusiness.com. How can I contact Barrett Business Services? 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] This page was last updated on 6/2/2020 by MarketBeat.com Staff
