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, energy, retail, hospitality, general labor, and other industries under the Labor Ready, CLP Resources, and Spartan Staffing brands.
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Industry, Sector and Symbol
Industry Help supply services
Sub-IndustryHuman Resource & Employment Services
SectorBusiness Services
Phone253-383-9101
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.50 billion
Profitability
Miscellaneous
Employees6,700
Next Earnings Date11/4/2019 (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 declared that its board has approved a share buyback plan 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. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.
How were Trueblue's earnings last quarter?
Trueblue Inc (NYSE:TBI) released its quarterly earnings results on Monday, July, 29th. The business services provider reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.06. The business services provider earned $588.59 million during the quarter, compared to the consensus estimate of $615.94 million. Trueblue had a return on equity of 15.36% and a net margin of 2.71%. The firm's revenue was down 4.2% compared to the same quarter last year. During the same period last year, the firm posted $0.57 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 issued an update on its third quarter earnings guidance on Monday, July, 29th. The company provided earnings per share (EPS) guidance of $0.61-0.71 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.77. The company issued revenue guidance of $613-638 million, compared to the consensus revenue estimate of $683.26 million.
What price target have analysts set for TBI?
3 analysts have issued 1-year target prices for Trueblue's shares. Their predictions range from $24.00 to $26.00. On average, they expect Trueblue's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 26.8% 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 stories about TBI stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Trueblue earned a news impact score of -2.3 on InfoTrie's scale. They also gave news coverage 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 effect on the company's share price in the near term. View News Stories for Trueblue.
Are investors shorting Trueblue?
Trueblue saw a decrease in short interest during the month of July. As of July 15th, there was short interest totalling 659,600 shares, a decrease of 8.6% from the June 15th total of 721,900 shares. Based on an average daily trading volume, of 184,500 shares, the days-to-cover ratio is presently 3.6 days. Approximately 1.7% of the shares of the company are short sold. View Trueblue's Current Options Chain.
Who are some of Trueblue's key competitors?
Some companies that are related to Trueblue include AMN Healthcare Services (AMN), TTEC (TTEC), Kelly Services (KELYB), Kelly Services (KELYA), Kforce (KFRC), Barrett Business Services (BBSI), SThree (STREF), Cross Country Healthcare (CCRN), StarTek (SRT), DLH (DLHC), R C M Technologies (RCMT), Hudson Global (HSON), Command Center (CCNI), Staffing 360 Solutions (STAF) and Tapinator (TAPM).
What other stocks do shareholders of Trueblue own?
Who are Trueblue's key executives?
Trueblue's management team includes the folowing people:
- 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)
- Ms. Taryn R. Owen, Exec. VP (Age 40)
- Mr. Sean Ebner, Exec. VP (Age 49)
Who are Trueblue's major shareholders?
Trueblue's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.10%), Vanguard Group Inc. (12.15%), JPMorgan Chase & Co. (3.05%), Janus Henderson Group PLC (2.71%), Janus Henderson Group PLC (2.71%) and Northern Trust Corp (1.44%). Company insiders that own Trueblue stock include A Patrick Beharelle, Bonnie W Soodik, Derrek Lane Gafford, James E Defebaugh, Jeffrey B Sakaguchi, Joseph P Sambataro Jr, Sean A Ebner, Steven C Cooper, Taryn R Owen and Wayne W Larkin. View Institutional Ownership Trends for Trueblue.
Which institutional investors are selling Trueblue stock?
TBI stock was sold by a variety of institutional investors in the last quarter, including ClariVest Asset Management LLC, Vanguard Group Inc., Panagora Asset Management Inc., Heartland Advisors Inc., Prudential Financial Inc., KBC Group NV, AXA and Balter Liquid Alternatives LLC. Company insiders that have sold Trueblue company stock in the last year include A Patrick Beharelle, Derrek Lane Gafford, James E Defebaugh, Jeffrey B Sakaguchi and Taryn R Owen. View Insider Buying and Selling for Trueblue.
Which institutional investors are buying Trueblue stock?
TBI stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Nuveen Asset Management LLC, Janus Henderson Group PLC, Janus Henderson Group PLC, AQR Capital Management LLC, JPMorgan Chase & Co., Invesco Ltd. and BlackRock 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 $19.72.
How big of a company is Trueblue?
Trueblue has a market capitalization of $790.18 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.View Additional Information About Trueblue.
What is Trueblue's official website?
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.
