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

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$23.71 -0.32 (-1.33 %)
(As of 01/22/2019 04:00 PM ET)
Previous Close$24.03
Today's Range$23.53 - $23.97
52-Week Range$20.56 - $29.85
Volume219,587 shs
Average Volume231,113 shs
Market Capitalization$959.90 million
P/E Ratio13.66
Dividend YieldN/A
Beta1.8
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$2.51 billion
Cash Flow$2.8159 per share
Book Value$13.41 per share

Profitability

Net Income$55.45 million

Miscellaneous

Employees5,500
Market Cap$959.90 million
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 of Directors has authorized a stock buyback plan on Tuesday, October 31st 2017, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

How were Trueblue's earnings last quarter?

Trueblue Inc (NYSE:TBI) posted its quarterly earnings data on Monday, November, 5th. The business services provider reported $0.79 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.78 by $0.01. The business services provider had revenue of $680.40 million for the quarter, compared to analyst estimates of $672.74 million. Trueblue had a return on equity of 15.62% and a net margin of 2.67%. The business's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period last year, the business posted $0.60 earnings per share. View Trueblue's Earnings History.

When is Trueblue's next earnings date?

Trueblue is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Trueblue.

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

Trueblue updated its fourth quarter earnings guidance on Monday, November, 5th. The company provided earnings per share guidance of $0.55-0.62 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.58. The company issued revenue guidance of $642-659 million, compared to the consensus revenue estimate of $657.81 million.Trueblue also updated its Q4 2018 guidance to $0.55-0.62 EPS.

What price target have analysts set for TBI?

3 brokerages have issued 1-year price objectives for Trueblue's stock. Their forecasts range from $25.00 to $29.00. On average, they expect Trueblue's share price to reach $27.3333 in the next twelve months. This suggests a possible upside of 15.3% 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?

Media stories about TBI stock have been trending very positive on Tuesday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Trueblue earned a daily sentiment score of 3.2 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are some of Trueblue's key competitors?

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, Chief Exec. Officer (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 & Corp. Controller (Age 63)

Who are Trueblue's major shareholders?

Trueblue's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include James Investment Research Inc. (0.26%), Reinhart Partners Inc. (0.22%), Bank of Montreal Can (0.21%), Alpha Windward LLC (0.05%) and Louisiana State Employees Retirement System (0.04%). 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 institutional investors are selling Trueblue stock?

TBI stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc., Bank of Montreal Can and Louisiana State Employees Retirement System. Company insiders that have sold Trueblue company stock in the last year include Bonnie W Soodik, James E Defebaugh, Sean A Ebner and Steven C Cooper. View Insider Buying and Selling for Trueblue.

Which institutional investors are buying Trueblue stock?

TBI stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc. 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 $23.71.

How big of a company is Trueblue?

Trueblue has a market capitalization of $960.02 million 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.

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:  245 (Vote Outperform)
Underperform Votes:  243 (Vote Underperform)
Total Votes:  488
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 1/22/2019 by MarketBeat.com Staff

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