NYSE:TBI - Trueblue Stock Price, News, & Analysis

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$23.00 +0.37 (+1.63 %)
(As of 03/26/2019 02:25 AM ET)
Previous Close$22.63
Today's Range$22.46 - $23.14
52-Week Range$20.56 - $29.85
Volume189,301 shs
Average Volume210,588 shs
Market Capitalization$921.70 million
P/E Ratio10.09
Dividend YieldN/A
Beta1.68
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.

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Industry, Sector and Symbol

Industry Help supply services
Sub-IndustryHuman Resource & Employment Services
SectorBusiness Services
CUSIP89785X10
Phone253-383-9101

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.50 billion
Cash Flow$3.3382 per share
Book Value$14.61 per share

Profitability

Net Income$65.75 million

Miscellaneous

Employees6,700
Market Cap$921.70 million
Next Earnings Date4/29/2019 (Estimated)
OptionableOptionable

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 announced that its board has authorized a share repurchase program on Tuesday, October 31st 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued.

How were Trueblue's earnings last quarter?

Trueblue Inc (NYSE:TBI) posted its earnings results on Thursday, February, 7th. The business services provider reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.02. The business services provider earned $650.15 million during the quarter, compared to the consensus estimate of $649.93 million. Trueblue had a net margin of 2.63% and a return on equity of 15.95%. Trueblue's revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 EPS. View Trueblue's Earnings History.

When is Trueblue's next earnings date?

Trueblue is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Trueblue.

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

Trueblue issued an update on its first quarter earnings guidance on Thursday, February, 7th. The company provided earnings per share (EPS) guidance of $0.22-0.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.31. The company issued revenue guidance of $552-569 million, compared to the consensus revenue estimate of $561.93 million.

What price target have analysts set for TBI?

3 Wall Street analysts have issued 12 month price objectives for Trueblue's shares. Their predictions range from $24.00 to $28.00. On average, they anticipate Trueblue's stock price to reach $25.6667 in the next year. This suggests a possible upside of 11.6% from the stock's current price. View Analyst Price Targets for Trueblue.

What is the consensus analysts' recommendation for Trueblue?

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.

Has Trueblue been receiving favorable news coverage?

News coverage about TBI stock has trended positive recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Trueblue earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned media coverage 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 impact on the company's share price in the near term.

Who are some of Trueblue's key competitors?

What other stocks do shareholders of Trueblue own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Trueblue investors own include Micron Technology (MU), Intel (INTC), Netflix (NFLX), Goldman Sachs Group (GS), Raytheon (RTN), NVIDIA (NVDA), Square (SQ), Zynga (ZNGA), Vipshop (VIPS) and ViaSat (VSAT).

Who are Trueblue's key executives?

Trueblue's management team includes the folowing people:
  • Mr. Steven C. Cooper, Exec. Chairman (Age 56)
  • Mr. A. Patrick Beharelle, CEO & Director (Age 49)
  • Mr. Derrek L. Gafford, Exec. VP & CFO (Age 48)
  • Mr. James E. Defebaugh IV, Exec. VP, Gen. Counsel & Sec. (Age 64)
  • Mr. Norman H. Frey, Chief Accounting Officer & Sr. VP (Age 63)

Who are Trueblue's major shareholders?

Trueblue's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.63%), Dimensional Fund Advisors LP (7.26%), Norges Bank (2.17%), Chartwell Investment Partners LLC (1.52%), Acadian Asset Management LLC (1.47%) and Northern Trust Corp (1.41%). Company insiders that own Trueblue stock include Bonnie W Soodik, Derrek Lane Gafford, James E Defebaugh, Joseph P Sambataro Jr, Sean A Ebner, 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 Acadian Asset Management LLC, Prudential Financial Inc., James Investment Research Inc., Mackay Shields LLC, Barclays PLC, Bank of Montreal Can, Two Sigma Advisers LP and FMR LLC. Company insiders that have sold Trueblue company stock in the last year include Derrek Lane Gafford, James E Defebaugh, Sean A Ebner and Steven C Cooper. View Insider Buying and Selling for Trueblue.

Which major investors are buying Trueblue stock?

TBI stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Dimensional Fund Advisors LP, BlackRock Inc., Millennium Management LLC, ClariVest Asset Management LLC, Geode Capital Management LLC, Geode Capital Management LLC and Reinhart Partners Inc.. 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 $23.00.

How big of a company is Trueblue?

Trueblue has a market capitalization of $921.70 million and generates $2.50 billion in revenue each year. The business services provider earns $65.75 million in net income (profit) each year or $2.28 on an earnings per share basis. Trueblue employs 6,700 workers across the globe.

What is Trueblue's official website?

The official website for Trueblue is http://www.trueblue.com.

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  256 (Vote Outperform)
Underperform Votes:  256 (Vote Underperform)
Total Votes:  512
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.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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