NYSE:TBI - Trueblue Stock Price, News & Analysis

$20.98
-0.35 (-1.64 %)
(As of 09/19/2019 06:17 AM ET)
Today's Range
$20.80
Now: $20.98
$21.33
50-Day Range
$18.85
MA: $19.88
$21.43
52-Week Range
$18.62
Now: $20.98
$26.47
Volume148,900 shs
Average Volume199,453 shs
Market Capitalization$840.67 million
P/E Ratio9.20
Dividend YieldN/A
Beta1.62
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. Read More…

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$3.2377 per share
Book Value$14.61 per share

Profitability

Net Income$65.75 million

Miscellaneous

Employees6,700
Market Cap$840.67 million
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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 of Directors has authorized a share buyback 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 reacquire shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

How were Trueblue's earnings last quarter?

Trueblue Inc (NYSE:TBI) posted its earnings results on Monday, July, 29th. The business services provider reported $0.64 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.58 by $0.06. The business services provider had revenue of $588.59 million for the quarter, compared to analysts' expectations of $615.94 million. Trueblue had a return on equity of 15.36% and a net margin of 2.71%. The company's quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.57 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 Monday, November 4th 2019. View Earnings Estimates for Trueblue.

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 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 Wall Street analysts have issued 1 year price targets 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 19.2% 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 headlines about TBI stock have trended negative this week, InfoTrie reports. InfoTrie identifies negative and positive media 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 five, with scores nearest to five being the most favorable. Trueblue earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Trueblue.

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 Intel (INTC), Goldman Sachs Group (GS), Square (SQ), First Bancshares (FBMS), Micron Technology (MU), Neurocrine Biosciences (NBIX), NVIDIA (NVDA), Roku (ROKU), RealPage (RP) and Sorrento Therapeutics (SRNE).

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 many different of institutional and retail 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 Chartwell Investment Partners LLC (1.45%). 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 major 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., Chartwell Investment Partners LLC, Prudential Financial Inc., KBC Group NV and AXA. 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 major investors are buying Trueblue stock?

TBI stock was acquired 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, Robinhood, Fidelity and Charles Schwab.

What is Trueblue's stock price today?

One share of TBI stock can currently be purchased for approximately $20.98.

How big of a company is Trueblue?

Trueblue has a market capitalization of $840.67 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?

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:  2.4 out of 5 (star star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  559
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 9/19/2019 by MarketBeat.com Staff

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