NYSE:TBI TrueBlue - TBI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TrueBlue, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $17.13 +0.12 (+0.71%) (As of 03/23/2023 12:32 PM ET) Add Compare Share Share Today's Range$16.91▼$17.2750-Day Range$16.69▼$20.5952-Week Range$15.77▼$30.32Volume51,205 shsAverage Volume210,365 shsMarket Capitalization$562.21 millionP/E Ratio9.21Dividend YieldN/APrice Target$20.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media TrueBlue MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside19.5% Upside$20.50 Price TargetShort InterestHealthy2.20% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.79Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.78 out of 5 starsBusiness Services Sector262nd out of 322 stocksHelp Supply Services Industry15th out of 15 stocks 2.3 Analyst's Opinion Consensus RatingTrueBlue has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.50, TrueBlue has a forecasted upside of 19.5% from its current price of $17.16.Amount of Analyst CoverageTrueBlue has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.20% of the float of TrueBlue has been sold short.Short Interest Ratio / Days to CoverTrueBlue has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in TrueBlue has recently increased by 2.46%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldTrueBlue does not currently pay a dividend.Dividend GrowthTrueBlue does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TBI. Previous Next 2.1 News and Social Media Coverage News SentimentTrueBlue has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for TrueBlue this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TrueBlue insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.00% of the stock of TrueBlue is held by insiders.Percentage Held by Institutions96.65% of the stock of TrueBlue is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TrueBlue is 9.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.22.Price to Earnings Ratio vs. SectorThe P/E ratio of TrueBlue is 9.23, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 237.75.Price to Book Value per Share RatioTrueBlue has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TrueBlue (NYSE:TBI) StockTrueBlue, Inc. engages in the provision of staffing, recruitment process outsourcing and managed service provider solutions. It operates through the following segments: PeopleReady, PeopleManagement and PeopleScout. The PeopleReady segment offers staffing solutions for blue-collar, contingent on-demand and skilled labor to a broad range of industries that include retail, manufacturing, warehousing, logistics, energy, construction, hospitality and others. The PeopleManagement segment supplies contingent labor and outsourced industrial workforce solutions. The PeopleScout segment covers the provision of permanent employee recruitment process outsourcing for its customers for all major industries and jobs. The company was founded by John Ross Coghlan and Glenn Welstad in 1989 and is headquartered in Tacoma, WA.Read More Receive TBI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TrueBlue and its competitors with MarketBeat's FREE daily newsletter. Email Address TBI Stock News HeadlinesMarch 19, 2023 | americanbankingnews.comTrueBlue (NYSE:TBI) Research Coverage Started at StockNews.comMarch 17, 2023 | finance.yahoo.comAnthony Brew Named Chief Diversity Officer of TrueBlueMarch 23, 2023 | Investing Daily (Ad)Check Out This 6-Year Win StreakDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 13, 2023 | finance.yahoo.comCenterline Drivers Names Joel Lawson as the 2022 Driver of the YearMarch 7, 2023 | finance.yahoo.comAs Students and Families Head to Spring Break, the Hospitality Industry Ramps Up HiringMarch 2, 2023 | finance.yahoo.comTrueBlue's PeopleReady, PeopleScout and PeopleManagement Named Top Workplaces for Third Consecutive YearFebruary 20, 2023 | finance.yahoo.comHere's What To Make Of TrueBlue's (NYSE:TBI) Decelerating Rates Of ReturnFebruary 17, 2023 | seekingalpha.comTrueBlue: Low Unemployment Is Not Good News For This Staffing CompanyMarch 23, 2023 | Investing Daily (Ad)Check Out This 6-Year Win StreakDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. February 10, 2023 | finance.yahoo.comPeopleScout's Affinix Talent Technology Wins 2022 Best in Biz Award Recognizing Product InnovationFebruary 9, 2023 | finance.yahoo.comPeopleReady's Future of Work Report: Job Postings Soared 42% in Full Year 2022 from Pre-Pandemic LevelsFebruary 7, 2023 | finance.yahoo.comHRO Today Names Three TrueBlue Leaders as 2022 HR SuperstarsFebruary 4, 2023 | finance.yahoo.comTrueBlue Full Year 2022 Earnings: EPS Misses ExpectationsFebruary 2, 2023 | finance.yahoo.comTrueBlue, Inc. (NYSE:TBI) Q4 2022 Earnings Call TranscriptFebruary 1, 2023 | finance.yahoo.comTrueBlue Reports Fourth Quarter and Full-year 2022 ResultsJanuary 27, 2023 | finance.yahoo.comTrueBlue, Inc.'s (NYSE:TBI) Intrinsic Value Is Potentially 95% Above Its Share PriceJanuary 25, 2023 | finance.yahoo.comCenterline Drivers Announces First Drive It Forward Scholarship Winner for Female Truck DriversJanuary 18, 2023 | finance.yahoo.comTrueBlue to Announce Fourth Quarter and Full-Year 2022 ResultsJanuary 4, 2023 | finance.yahoo.comWhy TrueBlue, Inc. (NYSE:TBI) Could Be Worth WatchingDecember 21, 2022 | finance.yahoo.comTrueBlue Recognized for Excellence in Diversity, Equity and Inclusion by 2022 HRO Today Association AwardsDecember 19, 2022 | finance.yahoo.comTrueBlue Named One of the Best and Brightest Companies to Work For by National Association for Business ResourcesDecember 13, 2022 | finance.yahoo.comThe past five years for TrueBlue (NYSE:TBI) investors has not been profitableNovember 29, 2022 | finance.yahoo.comYoung Job Seekers Entering the Workforce Find Increased Opportunities in the Skilled TradesNovember 28, 2022 | finance.yahoo.comFive TrueBlue Executive Leaders Recognized for Their Achievements by the 2022 Women World AwardsNovember 18, 2022 | finance.yahoo.comTWO TRUEBLUE LEADERS NAMED TO STAFFING INDUSTRY ANALYSTS' GLOBAL POWER 150 - WOMEN IN STAFFING LIST 2022November 12, 2022 | finance.yahoo.comCenterline Drive Launches Scholarship Program for Women in TruckingNovember 4, 2022 | finance.yahoo.comCenterline Drivers Named a Top Company For Women To Work For In Transportation By Women In Trucking Association For Fourth Straight YearSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TBI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TrueBlue and its competitors with MarketBeat's FREE daily newsletter. Email Address TBI Company Calendar Last Earnings2/01/2023Today3/23/2023Next Earnings (Estimated)4/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Help supply services Sub-IndustryHuman Resource & Employment Services SectorBusiness Services Current SymbolNYSE:TBI CUSIP89785X10 CIK768899 Webwww.trueblue.com Phone(253) 383-9101Fax877-733-0399Employees6,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$20.50 High Stock Price Forecast$21.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+20.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.86 Trailing P/E Ratio9.15 Forward P/E RatioN/A P/E GrowthN/ANet Income$62.27 million Net Margins2.76% Pretax Margin3.26% Return on Equity16.95% Return on Assets8.18% Debt Debt-to-Equity RatioN/A Current Ratio1.77 Quick Ratio1.77 Sales & Book Value Annual Sales$2.25 billion Price / Sales0.25 Cash Flow$3.38 per share Price / Cash Flow5.03 Book Value$15.17 per share Price / Book1.12Miscellaneous Outstanding Shares32,820,000Free Float32,167,000Market Cap$558.27 million OptionableOptionable Beta1.46 Key ExecutivesSteven C. CooperChief Executive Officer & DirectorTaryn R. OwenPresident & Chief Operating OfficerDerrek L. GaffordChief Financial Officer & Executive Vice PresidentJeffrey S. DirksChief Information & Technology OfficerGarrett R. FerenczChief Legal Officer, General Counsel & EVPKey CompetitorsKelly ServicesNASDAQ:KELYABarrett Business ServicesNASDAQ:BBSIKforceNASDAQ:KFRCHeadHunter GroupNASDAQ:HHRHireQuestNASDAQ:HQIView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCBought 5,911 shares on 2/28/2023Ownership: 0.147%Chartwell Investment Partners LLCSold 5,484 shares on 2/16/2023Ownership: 1.179%Alliancebernstein L.P.Sold 966 shares on 2/16/2023Ownership: 0.124%State of WyomingBought 4,771 shares on 2/16/2023Ownership: 0.026%Legal & General Group PlcSold 1,353 shares on 2/15/2023Ownership: 0.293%View All Insider TransactionsView All Institutional Transactions TBI Stock - Frequently Asked Questions Should I buy or sell TrueBlue stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TrueBlue in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TBI shares. View TBI analyst ratings or view top-rated stocks. What is TrueBlue's stock price forecast for 2023? 2 brokers have issued 12-month price targets for TrueBlue's stock. Their TBI share price forecasts range from $20.00 to $21.00. On average, they anticipate the company's stock price to reach $20.50 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price. View analysts price targets for TBI or view top-rated stocks among Wall Street analysts. How have TBI shares performed in 2023? TrueBlue's stock was trading at $19.58 at the beginning of 2023. Since then, TBI stock has decreased by 13.1% and is now trading at $17.01. View the best growth stocks for 2023 here. Are investors shorting TrueBlue? TrueBlue saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 677,800 shares, an increase of 22.5% from the January 31st total of 553,300 shares. Based on an average trading volume of 169,000 shares, the short-interest ratio is currently 4.0 days. Approximately 2.1% of the company's shares are short sold. View TrueBlue's Short Interest. When is TrueBlue's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023. View our TBI earnings forecast. How were TrueBlue's earnings last quarter? TrueBlue, Inc. (NYSE:TBI) announced its quarterly earnings results on Wednesday, February, 1st. The business services provider reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.02. The business services provider had revenue of $557.70 million for the quarter, compared to analysts' expectations of $562.93 million. TrueBlue had a trailing twelve-month return on equity of 16.95% and a net margin of 2.76%. The company's revenue was down 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 earnings per share. What ETFs hold TrueBlue's stock? ETFs with the largest weight of TrueBlue (NYSE:TBI) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Industrials ETF (PSCI), Strategas Global Policy Opportunities ETF (SAGP).Invesco S&P SmallCap 600 Revenue ETF (RWJ) and What guidance has TrueBlue issued on next quarter's earnings? TrueBlue issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $455.00 million-$480.00 million, compared to the consensus revenue estimate of $492.18 million. What is Patrick Beharelle's approval rating as TrueBlue's CEO? 34 employees have rated TrueBlue Chief Executive Officer Patrick Beharelle on Glassdoor.com. Patrick Beharelle has an approval rating of 56% among the company's employees. This puts Patrick Beharelle in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of TrueBlue own? Based on aggregate information from My MarketBeat watchlists, some companies that other TrueBlue investors own include International Business Machines (IBM), Intel (INTC), NVIDIA (NVDA), Vertex Pharmaceuticals (VRTX), Gilead Sciences (GILD), The Goldman Sachs Group (GS), AT&T (T), Zynga (ZNGA), AbbVie (ABBV) and Amgen (AMGN). What is TrueBlue's stock symbol? TrueBlue trades on the New York Stock Exchange (NYSE) under the ticker symbol "TBI." Who are TrueBlue's major shareholders? TrueBlue's stock is owned by many different retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.75%), Pzena Investment Management LLC (6.74%), JPMorgan Chase & Co. (2.22%), Charles Schwab Investment Management Inc. (2.18%), Geode Capital Management LLC (1.82%) and Morgan Stanley (1.59%). Insiders that own company stock include A Patrick Beharelle, Carl Schweihs, Colleen B Brown, Derrek Lane Gafford, Garrett Ferencz, Richard Christensen, Steven C Cooper, Taryn R Owen and William C Goings. View institutional ownership trends. How do I buy shares of TrueBlue? Shares of TBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is TrueBlue's stock price today? One share of TBI stock can currently be purchased for approximately $17.01. How much money does TrueBlue make? TrueBlue (NYSE:TBI) has a market capitalization of $558.27 million and generates $2.25 billion in revenue each year. The business services provider earns $62.27 million in net income (profit) each year or $1.86 on an earnings per share basis. How many employees does TrueBlue have? The company employs 6,500 workers across the globe. How can I contact TrueBlue? TrueBlue's mailing address is 1015 A STREET, TACOMA WA, 98402. The official website for the company is www.trueblue.com. The business services provider can be reached via phone at (253) 383-9101, via email at investorrelations@trueblueinc.com, or via fax at 877-733-0399. This page (NYSE:TBI) was last updated on 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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