QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
NYSE:TBI

TrueBlue - TBI Stock Forecast, Price & News

$20.38
-0.24 (-1.16%)
(As of 12/6/2022 04:34 PM ET)
Add
Compare
Today's Range
$20.31
$20.65
50-Day Range
$19.08
$22.14
52-Week Range
$15.77
$30.32
Volume
200,597 shs
Average Volume
201,231 shs
Market Capitalization
$666.81 million
P/E Ratio
9.18
Dividend Yield
N/A
Price Target
$20.50

TrueBlue MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
0.6% Upside
$20.50 Price Target
Short Interest
Healthy
1.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$139,121 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.77 out of 5 stars

Business Services Sector

274th out of 322 stocks

Help Supply Services Industry

17th out of 17 stocks

TBI stock logo

About TrueBlue (NYSE:TBI) Stock

TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The PeopleReady segment offers contingent staffing solutions for blue-collar, on-demand, and skilled labor in construction, manufacturing and logistics, warehousing and distribution, waste and recycling, energy, retail, hospitality, and general labor industries. The PeopleManagement segment provides contingent labor and outsourced industrial workforce solutions. This segment also offers on-site management and recruitment for the contingent industrial workforce of manufacturing, warehouse, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The PeopleScout segment offers permanent employee recruitment process outsourcing services; and manages clients' 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 incorporated in 1985 and is headquartered in Tacoma, Washington.

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.

TBI Stock News Headlines

TrueBlue, Inc. (TBI) Q3 2022 Earnings Call Transcript
TrueBlue Reports Third Quarter 2022 Results
TrueBlue to Announce Third Quarter 2022 Results
Big Bonus On JetBlue Business Card - One Mile at a Time
TrueBlue Names Taryn Owen Operating Chief, President
Taryn Owen Named President and Chief Operating Officer of TrueBlue
See More Headlines
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.

TBI Company Calendar

Last Earnings
10/24/2022
Today
12/06/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/01/2023

Industry, Sector and Symbol

Industry
Help supply services
Sub-Industry
Human Resource & Employment Services
CUSIP
89785X10
Employees
6,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.50
High Stock Price Forecast
$21.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+0.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$61.63 million
Pretax Margin
3.96%

Debt

Sales & Book Value

Annual Sales
$2.17 billion
Cash Flow
$2.65 per share
Book Value
$13.90 per share

Miscellaneous

Free Float
32,065,000
Market Cap
$666.81 million
Optionable
Optionable
Beta
1.44

Key Executives

  • Mr. Steven C. Cooper (Age 59)
    CEO & Director
    Comp: $117k
  • Ms. Taryn R. OwenMs. Taryn R. Owen (Age 43)
    Pres & COO
    Comp: $1.24M
  • Mr. Derrek L. GaffordMr. Derrek L. Gafford (Age 51)
    Exec. VP & CFO
    Comp: $1.09M
  • Mr. Garrett R. Ferencz (Age 45)
    Exec. VP, Chief Legal Officer & Sec.
    Comp: $803k
  • Mr. Carl R. Schweihs (Age 37)
    Pres & COO of People Management
    Comp: $836.15k
  • Mr. Richard B. Christensen (Age 45)
    Sr. VP & Chief Accounting Officer
  • Mr. Jeff Dirks
    Sr. VP, Chief Information & Technology Officer
  • Jennifer Grasz
    VP of Corp. Communications
  • Ms. Andrea Brogger
    Sr. VP & Chief People Officer
  • Mr. Todd N. Gilman
    Sr. VP, Deputy Gen. Counsel & Sec.













TBI Stock - Frequently Asked Questions

Should I buy or sell TrueBlue stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueBlue in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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 1-year price targets for TrueBlue's shares. Their TBI share price forecasts range from $20.00 to $21.00. On average, they anticipate the company's share price to reach $20.50 in the next twelve months. This suggests that the stock has a possible downside of 0.6%.
View analysts price targets for TBI
or view top-rated stocks among Wall Street analysts.

How have TBI shares performed in 2022?

TrueBlue's stock was trading at $27.67 at the beginning of the year. Since then, TBI stock has decreased by 25.5% and is now trading at $20.62.
View the best growth stocks for 2022 here
.

Are investors shorting TrueBlue?

TrueBlue saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 461,800 shares, a drop of 25.2% from the October 31st total of 617,100 shares. Based on an average daily trading volume, of 154,800 shares, the days-to-cover ratio is presently 3.0 days. Currently, 1.5% of the shares of the company 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 Wednesday, February 1st 2023.
View our TBI earnings forecast
.

How were TrueBlue's earnings last quarter?

TrueBlue, Inc. (NYSE:TBI) issued its quarterly earnings results on Monday, October, 24th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.75. The business services provider had revenue of $575.72 million for the quarter, compared to the consensus estimate of $587.22 million. TrueBlue had a trailing twelve-month return on equity of 19.17% and a net margin of 3.25%. The firm's quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.59 EPS.

What guidance has TrueBlue issued on next quarter's earnings?

TrueBlue updated its fourth quarter 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $550.00 million-$575.00 million, compared to the consensus revenue estimate of $592.23 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 investors include BlackRock Inc. (16.56%), Vanguard Group Inc. (12.93%), Dimensional Fund Advisors LP (7.63%), Pzena Investment Management LLC (6.82%), State Street Corp (3.78%) and Royce & Associates LP (1.23%). 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 $20.62.

How much money does TrueBlue make?

TrueBlue (NYSE:TBI) has a market capitalization of $674.69 million and generates $2.17 billion in revenue each year. The business services provider earns $61.63 million in net income (profit) each year or $2.22 on an earnings per share basis.

How many employees does TrueBlue have?

The company employs 6,400 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 12/6/2022 by MarketBeat.com Staff