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

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$23.96 -0.66 (-2.68 %)
(As of 10/19/2018 08:00 AM ET)
Previous Close$24.62
Today's Range$23.72 - $24.54
52-Week Range$23.00 - $29.85
Volume203,600 shs
Average Volume214,001 shs
Market Capitalization$1.00 billion
P/E Ratio13.77
Dividend YieldN/A
Beta1.92
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, 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 outsourced recruitment and on-premise management services, temporary skilled mechanics and technicians for the aviation and transportation industries, and temporary and dedicated drivers for the transportation and distribution industries under Staff Management, SIMOS Insourcing Solutions, PlaneTechs, 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

Stock Exchange NYSE
Industry Help supply services
Sub-IndustryHuman Resource & Employment Services
SectorBusiness Services
SymbolNYSE:TBI
CUSIP89785X10
Phone253-383-9101

Debt

Debt-to-Equity Ratio0.21
Current Ratio1.98
Quick Ratio1.98

Price-To-Earnings

Trailing P/E Ratio13.77
Forward P/E Ratio10.74
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.51 billion
Price / Sales0.39
Cash Flow$2.7796 per share
Price / Cash8.62
Book Value$13.41 per share
Price / Book1.79

Profitability

EPS (Most Recent Fiscal Year)$1.74
Net Income$55.45 million
Net Margins2.57%
Return on Equity14.66%
Return on Assets7.38%

Miscellaneous

Employees5,500
Outstanding Shares40,630,000
Market Cap$1.00 billion

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 announced that its Board of Directors has authorized a share buyback plan on Tuesday, October 31st 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's management believes its shares are undervalued.

How were Trueblue's earnings last quarter?

Trueblue Inc (NYSE:TBI) posted its quarterly earnings data on Monday, July, 30th. The business services provider reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.08. The business services provider had revenue of $614.30 million for the quarter, compared to analysts' expectations of $601.43 million. Trueblue had a return on equity of 14.66% and a net margin of 2.57%. The business's quarterly revenue was up .7% on a year-over-year basis. During the same period in the prior year, the company posted $0.42 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, October 29th 2018. View Earnings Estimates for Trueblue.

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

Trueblue updated its third quarter earnings guidance on Monday, July, 30th. The company provided earnings per share guidance of $0.75-0.81 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.75. The company issued revenue guidance of $662-677 million, compared to the consensus revenue estimate of $669.25 million.

What price target have analysts set for TBI?

3 brokerages have issued 1-year price objectives for Trueblue's stock. Their predictions range from $28.00 to $31.00. On average, they anticipate Trueblue's stock price to reach $29.3333 in the next year. This suggests a possible upside of 22.4% 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.

Who are some of Trueblue's key competitors?

Who are Trueblue's key executives?

Trueblue's management team includes the folowing people:
  • Mr. Steven C. Cooper, Exec. Chairman (Age 55)
  • Mr. A. Patrick Beharelle, Chief Exec. Officer (Age 48)
  • Mr. Derrek L. Gafford, Exec. VP & CFO (Age 47)
  • Mr. James E. Defebaugh IV, Exec. VP, Gen. Counsel & Sec. (Age 63)
  • Mr. Norman H. Frey, Chief Accounting Officer, Sr. VP & Corp. Controller (Age 62)

Who are Trueblue's major shareholders?

Trueblue's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.34%). Company insiders that own Trueblue stock include 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 buying Trueblue stock?

TBI stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can. 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 $23.96.

How big of a company is Trueblue?

Trueblue has a market capitalization of $1.06 billion and generates $2.51 billion in revenue each year. The business services provider earns $55.45 million in net income (profit) each year or $1.74 on an earnings per share basis. Trueblue employs 5,500 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:  229 (Vote Outperform)
Underperform Votes:  226 (Vote Underperform)
Total Votes:  455
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 10/19/2018 by MarketBeat.com Staff

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