NYSE:TBITrueblue Stock Price, Forecast & News

Trueblue's stock was trading at $13.35 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TBI shares have increased by 14.5% and is now trading at $15.29.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trueblue in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Trueblue.

Trueblue is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
View our earnings forecast for Trueblue.

Trueblue Inc (NYSE:TBI) posted its earnings results on Monday, July, 27th. The business services provider reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.42) by $0.30. The business services provider earned $358.94 million during the quarter, compared to analysts' expectations of $347.20 million. Trueblue had a negative net margin of 5.92% and a positive return on equity of 7.74%. The company's quarterly revenue was down 39.0% compared to the same quarter last year. During the same period last year, the firm earned $0.64 earnings per share.
View Trueblue's earnings history.

4 brokerages have issued 1-year target prices for Trueblue's shares. Their forecasts range from $15.00 to $17.00. On average, they expect Trueblue's share price to reach $16.00 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
View analysts' price targets for Trueblue.

Media headlines about TBI stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Trueblue earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.
View the latest news about Trueblue.

Some companies that are related to Trueblue include Tradeweb Markets (TW), Robert Half International (RHI), ManpowerGroup (MAN), ASGN (ASGN), Insperity (NSP), Korn Ferry (KFY), Kforce (KFRC), Kelly Services (KELYA), Barrett Business Services (BBSI), Heidrick & Struggles International (HSII), GP Strategies (GPX) and Hudson Global (HSON).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Trueblue investors own include IBM (IBM), Intel (INTC), NVIDIA (NVDA), AT&T (T), Vertex Pharmaceuticals (VRTX), AbbVie (ABBV), Amgen (AMGN), Gilead Sciences (GILD), Goldman Sachs Group (GS) and USANA Health Sciences (USNA).

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

Trueblue's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Chartwell Investment Partners LLC (1.68%), New York State Teachers Retirement System (0.28%), First Quadrant L P CA (0.12%), Stone Ridge Asset Management LLC (0.11%), Strs Ohio (0.10%) and Envestnet Asset Management Inc. (0.09%). Company insiders that own Trueblue stock include A Patrick Beharelle, Derrek Lane Gafford, James E Defebaugh, Jeffrey B Sakaguchi, Sean A Ebner, Steven C Cooper and Taryn R Owen.
View institutional ownership trends for Trueblue.

TBI stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, SG Americas Securities LLC, New York State Teachers Retirement System, First Quadrant L P CA, Texas Permanent School Fund, and Envestnet Asset Management Inc..
View insider buying and selling activity for Trueblue.

TBI stock was purchased by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC, Chartwell Investment Partners LLC, Strs Ohio, M&T Bank Corp, Pacer Advisors Inc., Parallel Advisors LLC, Nisa Investment Advisors LLC, and Stone Ridge Asset Management LLC.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of TBI stock can currently be purchased for approximately $15.29.

Trueblue has a market capitalization of $551.37 million and generates $2.37 billion in revenue each year. The business services provider earns $63.07 million in net income (profit) each year or $2.05 on an earnings per share basis. Trueblue employs 6,200 workers across the globe.

The official website for Trueblue is www.trueblue.com.

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]