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

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$28.75 +0.05 (+0.17 %)
(As of 08/19/2018 02:08 AM ET)
Previous Close$28.75
Today's Range$28.45 - $28.80
52-Week Range$19.30 - $29.55
Volume164,765 shs
Average Volume240,950 shs
Market Capitalization$1.17 billion
P/E Ratio16.52
Dividend YieldN/A
Beta1.88
Trueblue logoTrueBlue, 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 Ratio16.52
Forward P/E Ratio12.89
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.51 billion
Price / Sales0.47
Cash Flow$2.8607 per share
Price / Cash10.05
Book Value$13.41 per share
Price / Book2.14

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$1.17 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 has approved a stock repurchase 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 purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

How were Trueblue's earnings last quarter?

Trueblue Inc (NYSE:TBI) released its quarterly earnings data on Monday, July, 30th. The business services provider reported $0.57 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.49 by $0.08. The business services provider earned $614.30 million during the quarter, compared to the consensus estimate 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 quarter last year, the firm 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 issued an update on its third quarter earnings guidance on Monday, July, 30th. The company provided EPS guidance of $0.75-0.81 for the period, compared to the Thomson Reuters consensus earnings per share 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 analysts have issued twelve-month target prices for Trueblue's shares. Their forecasts 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 2.0% 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, CEO & Director (Age 55)
  • Mr. A. Patrick Beharelle, Pres & COO (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)

Has Trueblue been receiving favorable news coverage?

Media headlines about TBI stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Trueblue earned a media and rumor sentiment score of 0.20 on Accern's scale. They also gave media stories about the business services provider an impact score of 46.48 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Trueblue.

Who are Trueblue's major shareholders?

Trueblue's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.42%), Dimensional Fund Advisors LP (6.27%), FMR LLC (3.07%), Hood River Capital Management LLC (1.93%), Chartwell Investment Partners LLC (1.59%) and Acadian Asset Management LLC (1.45%). 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 major investors are selling Trueblue stock?

TBI stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Renaissance Technologies LLC, Tocqueville Asset Management L.P., Algert Global LLC, Russell Investments Group Ltd., Chartwell Investment Partners LLC, Bank of New York Mellon Corp and BlueMountain Capital Management LLC. Company insiders that have sold Trueblue company stock in the last year include Bonnie W Soodik, James E Defebaugh, Joseph P Sambataro Jr, Sean A Ebner, Steven C Cooper, Taryn R Owen and Wayne W Larkin. View Insider Buying and Selling for Trueblue.

Which major investors are buying Trueblue stock?

TBI stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Hood River Capital Management LLC, BlackRock Inc., American Century Companies Inc., LSV Asset Management, Acadian Asset Management LLC, James Investment Research Inc. and Heartland Advisors 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 $28.75.

How big of a company is Trueblue?

Trueblue has a market capitalization of $1.17 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.

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:  217 (Vote Outperform)
Underperform Votes:  214 (Vote Underperform)
Total Votes:  431
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 8/19/2018 by MarketBeat.com Staff

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