NYSE:TBITrueblue Stock Price, Forecast & News

Trueblue's stock was trading at $13.35 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TBI shares have decreased by 4.9% and is now trading at $12.69. View which stocks have been most impacted by Coronavirus.

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.

Trueblue is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Trueblue.

Trueblue Inc (NYSE:TBI) issued its earnings results on Monday, May, 4th. The business services provider reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.05. The business services provider had revenue of $494.30 million for the quarter, compared to analysts' expectations of $495.22 million. Trueblue had a positive return on equity of 12.19% and a negative net margin of 4.14%. The firm's quarterly revenue was down 10.5% on a year-over-year basis. During the same quarter last year, the business earned $0.27 earnings per share. View Trueblue's earnings history.

3 analysts have issued 1-year price targets for Trueblue's shares. Their forecasts range from $15.00 to $17.00. On average, they anticipate Trueblue's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price. View analysts' price targets for Trueblue.

Media headlines about TBI stock have trended very negative on Monday, InfoTrie reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Trueblue earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. 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), Wageworks (WAGE), Korn Ferry (KFY), Kforce (KFRC), Kelly Services (KELYA), Barrett Business Services (BBSI), Heidrick & Struggles International (HSII), GP Strategies (GPX) and Hudson Global (HSON). View all competitors.

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 variety of retail and institutional investors. Top institutional shareholders include 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 Envestnet Asset Management Inc.. Company insiders that have sold Trueblue company stock in the last year include Jeffrey B Sakaguchi, and Taryn R Owen. 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 $12.69.

Trueblue has a market capitalization of $458.49 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]