Barrett Business Services (BBSI) News Today

Barrett Business Services (NASDAQ:BBSI) Hits New 12-Month High at $35.03

Barrett Business Services (NASDAQ:BBSI) Sets New 52-Week High at $34.58

Barrett Business Services, Inc. (NASDAQ:BBSI - Get Free Report) saw a significant decline in short interest in June. As of June 30th, there was short interest totalling 295,500 shares, a decline of 5.9% from the June 15th total of 313,900 shares. Based on an average daily volume of 148,100 shares, the days-to-cover ratio is currently 2.0 days.

Barrett Business Services (NASDAQ:BBSI) Stock Price Crosses Above 200-Day Moving Average of $30.47

Barrett Business Services (NASDAQ:BBSI) Shares Cross Above Two Hundred Day Moving Average of $30.31

Barrett Business Services, Inc. (NASDAQ:BBSI - Get Free Report) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 313,900 shares, a growth of 567.9% from the May 31st total of 47,000 shares. Based on an average daily trading volume, of 137,700 shares, the short-interest ratio is presently 2.3 days.

Barrett Business Services (NASDAQ:BBSI) Stock Price Crosses Above Two Hundred Day Moving Average of $30.08

Barrett Business Services, Inc. (NASDAQ:BBSI - Get Free Report) Director Thomas B. Cusick sold 600 shares of the business's stock in a transaction on Monday, June 10th. The shares were sold at an average price of $132.05, for a total transaction of $79,230.00. Following the transaction, the director now owns 6,548 shares of the company's stock, valued at $864,663.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Barrett Business Services, Inc. (NASDAQ:BBSI - Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 39,800 shares, a drop of 17.8% from the April 30th total of 48,400 shares. Approximately 0.6% of the company's shares are sold short. Based on an average trading volume of 30,900 shares, the short-interest ratio is currently 1.3 days.

Barrett Business Services (NASDAQ:BBSI) Sets New 52-Week High at $130.21

StockNews.com lowered shares of Barrett Business Services from a "strong-buy" rating to a "buy" rating in a research note on Wednesday.

Pacific Ridge Capital Partners LLC decreased its holdings in Barrett Business Services, Inc. (NASDAQ:BBSI - Free Report) by 9.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 121,923 shares of the business services provider's stock afte

Barrington Research reiterated an "outperform" rating and set a $141.00 price target on shares of Barrett Business Services in a research note on Tuesday.

Barrett Business Services, Inc. (NASDAQ:BBSI) declared a quarterly dividend on Wednesday, May 1st. Investors of record on Friday, May 17th will be given a dividend of 0.30 per share by the business services provider on Friday, May 31st. This represents a $1.20 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date is Thursday, May 16th.

Barrett Business Services, Inc. (NASDAQ:BBSI - Free Report) - Equities research analysts at Roth Capital upped their FY2024 earnings estimates for Barrett Business Services in a report issued on Wednesday, May 1st. Roth Capital analyst J. Martin now expects that the business services provider wil

Barrington Research reissued an "outperform" rating and issued a $141.00 price objective on shares of Barrett Business Services in a research report on Thursday.

Barrett Business Services (NASDAQ:BBSI) Shares Down 7.2%

Barrett Business Services (NASDAQ:BBSI - Get Free Report) announced its quarterly earnings data on Wednesday. The business services provider reported ($0.02) earnings per share for the quarter, topping analysts' consensus estimates of ($0.31) by $0.29. Barrett Business Services had a return on equity of 27.69% and a net margin of 4.73%. The firm had revenue of $265.78 million for the quarter, compared to analyst estimates of $1.88 billion. During the same quarter in the prior year, the company posted $0.12 earnings per share.

Barrett Business Services (NASDAQ:BBSI) will be releasing earnings after the market closes on Wednesday, May 1, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=585468)

Foundry Partners LLC lowered its holdings in Barrett Business Services, Inc. (NASDAQ:BBSI - Free Report) by 14.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,585 shares of the business services provider's stoc

Barrett Business Services, Inc. (NASDAQ:BBSI - Get Free Report) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 60,800 shares, a growth of 53.9% from the March 15th total of 39,500 shares. Approximately 1.0% of the company's shares are sold short. Based on an average trading volume of 29,700 shares, the days-to-cover ratio is presently 2.0 days.

Vanguard Group Inc. lessened its holdings in shares of Barrett Business Services, Inc. (NASDAQ:BBSI - Free Report) by 3.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 375,748 shares of the business services provider's s

Assenagon Asset Management S.A. acquired a new position in Barrett Business Services, Inc. (NASDAQ:BBSI - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 20,714 shares of the b

Barrington Research reiterated an "outperform" rating and issued a $141.00 price target on shares of Barrett Business Services in a research note on Monday.