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

$21.55
-0.17 (-0.78 %)
(As of 06/17/2019 04:00 PM ET)
Today's Range
$21.46
Now: $21.55
$21.78
50-Day Range
$20.99
MA: $23.07
$25.52
52-Week Range
$20.56
Now: $21.55
$29.85
Volume6,383 shs
Average Volume170,207 shs
Market Capitalization$865.23 million
P/E Ratio9.53
Dividend YieldN/A
Beta1.67
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. Read More…

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$3.2553 per share
Book Value$14.61 per share

Profitability

Net Income$65.75 million

Miscellaneous

Employees6,700
Market Cap$865.23 million
Next Earnings Date7/29/2019 (Estimated)
OptionableOptionable

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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 authorized a share repurchase plan on Tuesday, October 31st 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

How were Trueblue's earnings last quarter?

Trueblue Inc (NYSE:TBI) posted its quarterly earnings results on Monday, April, 29th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.03. The business services provider earned $552.30 million during the quarter, compared to analysts' expectations of $560.27 million. Trueblue had a net margin of 2.61% and a return on equity of 15.35%. The firm's revenue was down .4% on a year-over-year basis. During the same quarter last year, the business earned $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 updated its second quarter earnings guidance on Monday, April, 29th. The company provided EPS 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 twelve-month price objectives for Trueblue's shares. Their forecasts 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 16.0% 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.

Has Trueblue been receiving favorable news coverage?

Media stories about TBI stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Trueblue earned a news impact score of 1.4 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Trueblue.

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 number of of retail and institutional investors. Top institutional investors include GMT Capital Corp (4.79%), JPMorgan Chase & Co. (2.82%), Janus Henderson Group PLC (2.29%), Chartwell Investment Partners LLC (1.50%), Acadian Asset Management LLC (1.17%) and FMR LLC (0.93%). 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 major investors are selling Trueblue stock?

TBI stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Rothschild & Co. Asset Management US Inc., Tocqueville Asset Management L.P., Bank of Montreal Can, James Investment Research Inc., JPMorgan Chase & Co., FMR LLC and Algert Global LLC. 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 major investors are buying Trueblue stock?

TBI stock was purchased by a variety of institutional investors in the last quarter, including GMT Capital Corp, Seizert Capital Partners LLC, Assenagon Asset Management S.A., Janus Henderson Group PLC, State Board of Administration of Florida Retirement System, Summit Global Investments, Reinhart Partners Inc. and Royce & Associates LP. 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 $21.55.

How big of a company is Trueblue?

Trueblue has a market capitalization of $865.23 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.View Additional Information About Trueblue.

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:  2.4 out of 5 (star star)
Outperform Votes:  261 (Thanks for Voting!)
Underperform Votes:  274 (Thanks for Voting!)
Total Votes:  535
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 6/17/2019 by MarketBeat.com Staff

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