NYSE:TBI - Trueblue Stock Price, News, & Analysis

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$23.51 +0.01 (+0.04 %)
(As of 05/21/2019 04:44 AM ET)
Previous Close$23.50
Today's Range$23.24 - $23.71
52-Week Range$20.56 - $29.85
Volume233,004 shs
Average Volume197,671 shs
Market Capitalization$944.00 million
P/E Ratio10.31
Dividend YieldN/A
Beta1.66
TrueBlue, Inc. provides contingent staffing, recruitment process outsourcing, and contingent staffing management services in the United States, Canada, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The PeopleReady segment offers a range of staffing solutions for blue-collar, contingent on-demand, and skilled labor in construction, manufacturing and logistics, warehousing and distribution, waste and recycling, energy, retail, hospitality, general labor, and other industries under the Labor Ready, CLP Resources, and Spartan Staffing brands. The PeopleManagement segment provides contingent labor and outsourced industrial workforce solutions. It offers recruitment and on-premise management services, and temporary and dedicated drivers for the transportation and distribution industries under Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The PeopleScout segment offers permanent employee recruitment process outsourcing services; and manages customers' contingent labor programs comprising vendor selection, performance management, compliance monitoring, and risk management. The company was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. TrueBlue, Inc. was founded in 1985 and is headquartered in Tacoma, Washington.

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Industry, Sector and Symbol

Industry Help supply services
Sub-IndustryHuman Resource & Employment Services
SectorBusiness Services
CUSIP89785X10
Phone253-383-9101

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.50 billion
Cash Flow$3.2835 per share
Book Value$14.90 per share

Profitability

Net Income$65.75 million

Miscellaneous

Employees6,700
Market Cap$944.00 million
Next Earnings Date7/29/2019 (Estimated)
OptionableOptionable

Trueblue (NYSE:TBI) Frequently Asked Questions

What is Trueblue's stock symbol?

Trueblue trades on the New York Stock Exchange (NYSE) under the ticker symbol "TBI."

How will Trueblue's stock buyback program work?

Trueblue declared that its Board of Directors has authorized a share repurchase plan on Tuesday, October 31st 2017, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

How were Trueblue's earnings last quarter?

Trueblue Inc (NYSE:TBI) issued its quarterly earnings data on Monday, April, 29th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.03. The business services provider earned $552.30 million during the quarter, compared to the consensus estimate of $560.27 million. Trueblue had a return on equity of 15.35% and a net margin of 2.61%. Trueblue's revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.31 earnings per share. View Trueblue's Earnings History.

When is Trueblue's next earnings date?

Trueblue is scheduled to release their next quarterly earnings announcement on Monday, July 29th 2019. View Earnings Estimates for Trueblue.

What guidance has Trueblue issued on next quarter's earnings?

Trueblue issued an update on its second quarter earnings guidance on Monday, April, 29th. The company provided earnings per share guidance of $0.55-0.62 for the period, compared to the Thomson Reuters consensus estimate of $0.58. The company issued revenue guidance of $606-623 million, compared to the consensus revenue estimate of $628.31 million.Trueblue also updated its Q2 2019 guidance to $0.55-0.62 EPS.

What price target have analysts set for TBI?

3 Wall Street analysts have issued 12 month price objectives for Trueblue's shares. Their predictions range from $24.00 to $26.00. On average, they anticipate Trueblue's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price. View Analyst Price Targets for Trueblue.

What is the consensus analysts' recommendation for Trueblue?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trueblue in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Trueblue.

Has Trueblue been receiving favorable news coverage?

News articles about TBI stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Trueblue earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are some of Trueblue's key competitors?

What other stocks do shareholders of Trueblue own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Trueblue investors own include Intel (INTC), Goldman Sachs Group (GS), Square (SQ), First Bancshares (FBMS), Micron Technology (MU), Neurocrine Biosciences (NBIX), NVIDIA (NVDA), Roku (ROKU), RealPage (RP) and Sorrento Therapeutics (SRNE).

Who are Trueblue's key executives?

Trueblue's management team includes the folowing people:
  • Mr. A. Patrick Beharelle, CEO & Director (Age 49)
  • Mr. Derrek L. Gafford, Exec. VP & CFO (Age 48)
  • Mr. James E. Defebaugh IV, Exec. VP, Gen. Counsel & Sec. (Age 64)
  • Ms. Taryn R. Owen, Exec. VP (Age 40)
  • Mr. Sean Ebner, Exec. VP (Age 49)

Who are Trueblue's major shareholders?

Trueblue's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.88%), Dimensional Fund Advisors LP (7.39%), GMT Capital Corp (4.79%), ArrowMark Colorado Holdings LLC (4.61%), Wellington Management Group LLP (2.99%) and JPMorgan Chase & Co. (2.82%). Company insiders that own Trueblue stock include A Patrick Beharelle, Bonnie W Soodik, Derrek Lane Gafford, James E Defebaugh, Joseph P Sambataro Jr, Sean A Ebner, Steven C Cooper, Taryn R Owen and Wayne W Larkin. View Institutional Ownership Trends for Trueblue.

Which institutional investors are selling Trueblue stock?

TBI stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Morgan Stanley, Acadian Asset Management LLC, Rothschild & Co. Asset Management US Inc., Tocqueville Asset Management L.P., Bank of Montreal Can, James Investment Research Inc. and JPMorgan Chase & Co.. Company insiders that have sold Trueblue company stock in the last year include A Patrick Beharelle, Derrek Lane Gafford, James E Defebaugh, Sean A Ebner and Steven C Cooper. View Insider Buying and Selling for Trueblue.

Which institutional investors are buying Trueblue stock?

TBI stock was purchased by a variety of institutional investors in the last quarter, including GMT Capital Corp, ArrowMark Colorado Holdings LLC, Jacobs Levy Equity Management Inc., AQR Capital Management LLC, Seizert Capital Partners LLC, Assenagon Asset Management S.A., Janus Henderson Group PLC and BlackRock Inc.. View Insider Buying and Selling for Trueblue.

How do I buy shares of Trueblue?

Shares of TBI 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, Scottrade, Fidelity and Charles Schwab.

What is Trueblue's stock price today?

One share of TBI stock can currently be purchased for approximately $23.51.

How big of a company is Trueblue?

Trueblue has a market capitalization of $944.00 million and generates $2.50 billion in revenue each year. The business services provider earns $65.75 million in net income (profit) each year or $2.28 on an earnings per share basis. Trueblue employs 6,700 workers across the globe.

What is Trueblue's official website?

The official website for Trueblue is http://www.trueblue.com.

How can I contact Trueblue?

Trueblue's mailing address is 1015 A STREET, TACOMA WA, 98402. The business services provider can be reached via phone at 253-383-9101 or via email at [email protected]


MarketBeat Community Rating for Trueblue (NYSE TBI)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  259 (Vote Outperform)
Underperform Votes:  268 (Vote Underperform)
Total Votes:  527
MarketBeat's community ratings are surveys of what our community members think about Trueblue and other stocks. Vote "Outperform" if you believe TBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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