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, 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.
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 Ratio0.12
Current Ratio1.92
Quick Ratio1.92
Price-To-Earnings
Trailing P/E Ratio15.86
Forward P/E Ratio12.78
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.51 billion
Price / Sales0.45
Cash Flow$2.8135 per share
Price / Cash9.81
Book Value$13.41 per share
Price / Book2.06
Profitability
EPS (Most Recent Fiscal Year)$1.74
Net Income$55.45 million
Net Margins2.39%
Return on Equity13.81%
Return on Assets6.94%
Miscellaneous
Employees5,500
Outstanding Shares41,350,000
Market Cap$1,157.69
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 declared that its board has authorized a share buyback program on Tuesday, October 31st 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.
How were Trueblue's earnings last quarter?
Trueblue Inc (NYSE:TBI) issued its quarterly earnings data on Monday, April, 30th. The business services provider reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.09. The business services provider earned $554.39 million during the quarter, compared to analyst estimates of $570.40 million. Trueblue had a net margin of 2.39% and a return on equity of 13.81%. Trueblue's quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.21 earnings per share. View Trueblue's Earnings History.
When is Trueblue's next earnings date?
What guidance has Trueblue issued on next quarter's earnings?
Trueblue updated its second quarter earnings guidance on Monday, April, 30th. The company provided earnings per share guidance of $0.47-0.53 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.53. The company issued revenue guidance of $585-600 million, compared to the consensus revenue estimate of $627.25 million.
What price target have analysts set for TBI?
2 brokerages have issued twelve-month target prices for Trueblue's stock. Their predictions range from $26.00 to $29.00. On average, they anticipate Trueblue's stock price to reach $27.50 in the next twelve months. This suggests that the stock has a possible downside of 0.4%. View Analyst Ratings for Trueblue.
What is the consensus analysts' recommendation for Trueblue?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trueblue in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Trueblue's key competitors?
Some companies that are related to Trueblue include ASGN (ASGN), Insperity (NSP), Dometic Group AB (publ) (DTCGF), AMN Healthcare Services (AMN), TTEC (TTEC), Kforce (KFRC), Kelly Services, Inc. Class A (KELYA), Kelly Services, Inc. Class B (KELYB), Barrett Business Services (BBSI), SThree (STREF), Cross Country Healthcare (CCRN), StarTek (SRT), DLH (DLHC), R C M Technologies (RCMT) and Hudson Global (HSON).
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 been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Trueblue earned a coverage optimism score of 0.09 on Accern's scale. They also gave headlines about the business services provider an impact score of 45.97 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Trueblue's major shareholders?
Trueblue's stock is owned by many different of institutional and retail investors. Top institutional investors include James Investment Research Inc. (0.36%), Bank of Montreal Can (0.29%), Municipal Employees Retirement System of Michigan (0.05%), Alpha Windward LLC (0.05%) and Cornerstone Wealth Management LLC (0.03%). Company insiders that own Trueblue stock include Bonnie W Soodik, Derrek Lane Gafford, James E Defebaugh, Joseph P Sambataro Jr, 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 Municipal Employees Retirement System of Michigan and Bank of Montreal Can. Company insiders that have sold Trueblue company stock in the last year include Bonnie W Soodik, James E Defebaugh, Joseph P Sambataro Jr, 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 acquired by a variety of institutional investors in the last quarter, including James Investment Research Inc., Cornerstone Wealth Management LLC and Alpha Windward LLC. 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 $27.60.
How big of a company is Trueblue?
Trueblue has a market capitalization of $1.16 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)
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.
