NYSE:TBI TrueBlue - TBI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TrueBlue, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $18.64 +0.13 (+0.70%) (As of 02/7/2023 12:00 AM ET) Add Compare Share Share Today's Range$18.30▼$18.8850-Day Range$18.08▼$21.5852-Week Range$15.77▼$30.32Volume230,595 shsAverage Volume151,996 shsMarket Capitalization$609.90 millionP/E Ratio10.02Dividend YieldN/APrice Target$20.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media TrueBlue MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside10.0% Upside$20.50 Price TargetShort InterestHealthy1.66% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.57Based on 11 Articles This WeekInsider TradingSelling Shares$32,607 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.87 out of 5 starsBusiness Services Sector129th out of 322 stocksHelp Supply Services Industry14th out of 17 stocks 1.3 Analyst's Opinion Consensus RatingTrueBlue has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.50, TrueBlue has a forecasted upside of 10.0% from its current price of $18.64.Amount of Analyst CoverageTrueBlue has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.66% of the float of TrueBlue has been sold short.Short Interest Ratio / Days to CoverTrueBlue has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in TrueBlue has recently decreased by 7.75%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldTrueBlue does not currently pay a dividend.Dividend GrowthTrueBlue does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TBI. Previous Next 3.1 News and Social Media Coverage News SentimentTrueBlue has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 11 news articles for TrueBlue this week, compared to 2 articles on an average week.Social Mentions This WeekMarketBeat has tracked 4 reddit mentions for TrueBlue this week, compared to 0 mentions on an average week.Search Interest2 people have searched for TBI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added TrueBlue to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TrueBlue insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $32,607.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of TrueBlue is held by insiders.Percentage Held by Institutions96.65% of the stock of TrueBlue is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TrueBlue is 10.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.08.Price to Earnings Ratio vs. SectorThe P/E ratio of TrueBlue is 10.02, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 266.94.Price to Book Value per Share RatioTrueBlue has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TrueBlue (NYSE:TBI) StockTrueBlue, Inc. engages in the provision of staffing, recruitment process outsourcing and managed service provider solutions. It operates through the following segments: PeopleReady, PeopleManagement and PeopleScout. The PeopleReady segment offers staffing solutions for blue-collar, contingent on-demand and skilled labor to a broad range of industries that include retail, manufacturing, warehousing, logistics, energy, construction, hospitality and others. The PeopleManagement segment supplies contingent labor and outsourced industrial workforce solutions. The PeopleScout segment covers the provision of permanent employee recruitment process outsourcing for its customers for all major industries and jobs. The company was founded by John Ross Coghlan and Glenn Welstad in 1989 and is headquartered in Tacoma, WA.Read More 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. Email Address TBI Stock News HeadlinesFebruary 7, 2023 | finance.yahoo.comHRO Today Names Three TrueBlue Leaders as 2022 HR SuperstarsFebruary 4, 2023 | finance.yahoo.comTrueBlue Full Year 2022 Earnings: EPS Misses ExpectationsFebruary 8, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…February 4, 2023 | americanbankingnews.comTrueBlue (NYSE:TBI) Announces Quarterly Earnings Results, Beats Estimates By $0.02 EPSFebruary 4, 2023 | americanbankingnews.comTrueBlue (NYSE:TBI) Downgraded by StockNews.com to "Hold"February 2, 2023 | finance.yahoo.comTrueBlue, Inc. (NYSE:TBI) Q4 2022 Earnings Call TranscriptFebruary 1, 2023 | finance.yahoo.comTrueBlue Reports Fourth Quarter and Full-year 2022 ResultsJanuary 31, 2023 | americanbankingnews.comTrueBlue (TBI) Set to Announce Quarterly Earnings on WednesdayFebruary 8, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 27, 2023 | finance.yahoo.comTrueBlue, Inc.'s (NYSE:TBI) Intrinsic Value Is Potentially 95% Above Its Share PriceJanuary 25, 2023 | finance.yahoo.comCenterline Drivers Announces First Drive It Forward Scholarship Winner for Female Truck DriversJanuary 18, 2023 | finance.yahoo.comTrueBlue to Announce Fourth Quarter and Full-Year 2022 ResultsJanuary 4, 2023 | finance.yahoo.comWhy TrueBlue, Inc. (NYSE:TBI) Could Be Worth WatchingDecember 21, 2022 | finance.yahoo.comTrueBlue Recognized for Excellence in Diversity, Equity and Inclusion by 2022 HRO Today Association AwardsDecember 19, 2022 | finance.yahoo.comTrueBlue Named One of the Best and Brightest Companies to Work For by National Association for Business ResourcesDecember 13, 2022 | finance.yahoo.comThe past five years for TrueBlue (NYSE:TBI) investors has not been profitableNovember 29, 2022 | finance.yahoo.comYoung Job Seekers Entering the Workforce Find Increased Opportunities in the Skilled TradesNovember 28, 2022 | finance.yahoo.comFive TrueBlue Executive Leaders Recognized for Their Achievements by the 2022 Women World AwardsNovember 18, 2022 | finance.yahoo.comTWO TRUEBLUE LEADERS NAMED TO STAFFING INDUSTRY ANALYSTS' GLOBAL POWER 150 - WOMEN IN STAFFING LIST 2022November 12, 2022 | finance.yahoo.comCenterline Drive Launches Scholarship Program for Women in TruckingNovember 4, 2022 | finance.yahoo.comCenterline Drivers Named a Top Company For Women To Work For In Transportation By Women In Trucking Association For Fourth Straight YearNovember 1, 2022 | finance.yahoo.comAre TrueBlue, Inc.'s (NYSE:TBI) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?October 25, 2022 | seekingalpha.comTrueBlue, Inc. (TBI) Q3 2022 Earnings Call TranscriptOctober 25, 2022 | msn.comLooking Into TrueBlue's Return On Capital EmployedOctober 24, 2022 | finance.yahoo.comTrueBlue Reports Third Quarter 2022 ResultsOctober 18, 2022 | benzinga.comHoliday Workers Want Wage Increases and Schedule Flexibility This Season - TrueBlue (NYSE:TBI) - BenzingaOctober 12, 2022 | benzinga.comTrueBlue to Announce Third Quarter 2022 Results - TrueBlue (NYSE:TBI) - BenzingaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address TBI Company Calendar Last Earnings2/01/2023Today2/07/2023Next Earnings (Estimated)4/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Help supply services Sub-IndustryHuman Resource & Employment Services SectorBusiness Services Current SymbolNYSE:TBI CUSIP89785X10 CIK768899 Webwww.trueblue.com Phone(253) 383-9101Fax877-733-0399Employees6,400Year FoundedN/APrice Target and Rating Average Stock Price Forecast$20.50 High Stock Price Forecast$21.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+10.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.86 Trailing P/E Ratio10.02 Forward P/E RatioN/A P/E GrowthN/ANet Income$62.27 million Net Margins2.76% Pretax Margin3.26% Return on Equity16.95% Return on Assets8.18% Debt Debt-to-Equity RatioN/A Current Ratio1.77 Quick Ratio1.83 Sales & Book Value Annual Sales$2.25 billion Price / Sales0.27 Cash Flow$3.36 per share Price / Cash Flow5.55 Book Value$15.17 per share Price / Book1.23Miscellaneous Outstanding Shares32,720,000Free Float32,065,000Market Cap$609.90 million OptionableOptionable Beta1.44 Key ExecutivesSteven C. CooperChief Executive Officer & DirectorTaryn R. OwenPresident & Chief Operating OfficerDerrek L. GaffordChief Financial Officer & Executive Vice PresidentJeffrey S. DirksChief Information & Technology OfficerGarrett R. FerenczChief Legal Officer, General Counsel & EVPKey CompetitorsBarrett Business ServicesNASDAQ:BBSIKelly ServicesNASDAQ:KELYAKforceNASDAQ:KFRCHeadHunter GroupNASDAQ:HHRHireQuestNASDAQ:HQIView All CompetitorsInsiders & InstitutionsEnvestnet Asset Management Inc.Sold 4,090 shares on 2/7/2023Ownership: 0.113%Pacer Advisors Inc.Bought 306,686 shares on 2/6/2023Ownership: 0.937%Parallel Advisors LLCSold 563 shares on 2/6/2023Ownership: 0.005%Pzena Investment Management LLCSold 24,151 shares on 2/3/2023Ownership: 6.742%Simplex Trading LLCSold 4,800 shares on 2/2/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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 year. 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 brokerages have issued 1-year price objectives for TrueBlue's shares. Their TBI share price forecasts range from $20.00 to $21.00. On average, they anticipate the company's stock price to reach $20.50 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price. View analysts price targets for TBI or view top-rated stocks among Wall Street analysts. How have TBI shares performed in 2023? TrueBlue's stock was trading at $19.58 at the beginning of the year. Since then, TBI stock has decreased by 4.8% and is now trading at $18.64. View the best growth stocks for 2023 here. When is TrueBlue's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023. View our TBI earnings forecast. How were TrueBlue's earnings last quarter? TrueBlue, Inc. (NYSE:TBI) issued its quarterly earnings data on Wednesday, February, 1st. The business services provider reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. The business services provider had revenue of $557.70 million for the quarter, compared to the consensus estimate of $562.93 million. TrueBlue had a trailing twelve-month return on equity of 16.95% and a net margin of 2.76%. The business's revenue for the quarter was down 10.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.69 earnings per share. What guidance has TrueBlue issued on next quarter's earnings? TrueBlue issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $455.00 million-$480.00 million, compared to the consensus revenue estimate of $492.18 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 a number of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (6.74%), Pacer Advisors Inc. (0.94%), New York State Teachers Retirement System (0.24%), New York State Common Retirement Fund (0.16%), AE Wealth Management LLC (0.15%) and SummerHaven Investment Management LLC (0.13%). 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 $18.64. How much money does TrueBlue make? TrueBlue (NYSE:TBI) has a market capitalization of $609.90 million and generates $2.25 billion in revenue each year. The business services provider earns $62.27 million in net income (profit) each year or $1.86 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 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.