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
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
Employees5,500
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 of Directors has authorized a stock repurchase program on Tuesday, October 31st 2017, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.
How were Trueblue's earnings last quarter?
Trueblue Inc (NYSE:TBI) released its quarterly earnings data on Thursday, February, 7th. The business services provider reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates 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% on a year-over-year basis. During the same quarter last year, the firm earned $0.51 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 first quarter earnings guidance on Thursday, February, 7th. The company provided earnings per share guidance of $0.22-0.27 for the period, compared to the Thomson Reuters consensus 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 analysts have issued 1 year price targets for Trueblue's stock. Their predictions range from $24.00 to $28.00. On average, they expect Trueblue's share price to reach $25.6667 in the next twelve months. This suggests a possible upside of 8.4% 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 been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Trueblue earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave press 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 stock's share price in the immediate future.
Who are some of Trueblue's key competitors?
Some companies that are related to Trueblue include ASGN (ASGN), Dometic Group AB (publ) (DTCGF), AMN Healthcare Services (AMN), TTEC (TTEC), Kforce (KFRC), Kelly Services (KELYA), Kelly Services (KELYB), Barrett Business Services (BBSI), SThree (STREF), Cross Country Healthcare (CCRN), StarTek (SRT), DLH (DLHC), R C M Technologies (RCMT), Hudson Global (HSON) and Command Center (CCNI).
What other stocks do shareholders of Trueblue own?
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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.63%), Dimensional Fund Advisors LP (7.26%), Chartwell Investment Partners LLC (1.52%), Acadian Asset Management LLC (1.47%), Northern Trust Corp (1.41%) and Geode Capital Management LLC (1.21%). 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 Barrow Hanley Mewhinney & Strauss LLC. Company insiders that have sold Trueblue company stock in the last year include 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 bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, BlackRock Inc., Millennium Management LLC, ClariVest Asset Management LLC, Geode Capital Management LLC, Reinhart Partners Inc., Municipal Employees Retirement System of Michigan and Rhumbline Advisers. 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 $23.67.
How big of a company is Trueblue?
Trueblue has a market capitalization of $958.40 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 5,500 workers across the globe.
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.
