NYSE:TBITrueblue Stock Price, Forecast & News

Trueblue's stock was trading at $13.35 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TBI stock has decreased by 2.1% and is now trading at $13.07. View which stocks have been most impacted by Coronavirus.

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.

Trueblue is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Trueblue.

Trueblue Inc (NYSE:TBI) posted its quarterly earnings results on Monday, May, 4th. The business services provider reported ($0.01) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.05. The business services provider earned $494.30 million during the quarter, compared to the consensus estimate of $495.22 million. Trueblue had a negative net margin of 4.14% and a positive return on equity of 12.19%. The firm's revenue was down 10.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.27 earnings per share. View Trueblue's earnings history.

3 brokerages have issued 12-month price objectives for Trueblue's shares. Their forecasts range from $15.00 to $17.00. On average, they anticipate Trueblue's stock price to reach $16.00 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View analysts' price targets for Trueblue.

Headlines about TBI stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Trueblue earned a daily sentiment score of -1.6 on InfoTrie's scale. They also gave media stories about the business services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news about Trueblue.

Some companies that are related to Trueblue include Tradeweb Markets (TW), Robert Half International (RHI), ManpowerGroup (MAN), ASGN (ASGN), Insperity (NSP), Wageworks (WAGE), Korn Ferry (KFY), Kforce (KFRC), Kelly Services (KELYA), Heidrick & Struggles International (HSII), Barrett Business Services (BBSI), GP Strategies (GPX) and Hudson Global (HSON). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Trueblue investors own include IBM (IBM), Intel (INTC), NVIDIA (NVDA), AT&T (T), Vertex Pharmaceuticals (VRTX), AbbVie (ABBV), Amgen (AMGN), Gilead Sciences (GILD), Goldman Sachs Group (GS) and USANA Health Sciences (USNA).

Trueblue trades on the New York Stock Exchange (NYSE) under the ticker symbol "TBI."

Trueblue's stock is owned by a number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.09%). Company insiders that own Trueblue stock include A Patrick Beharelle, Derrek Lane Gafford, James E Defebaugh, Jeffrey B Sakaguchi, Sean A Ebner, Steven C Cooper and Taryn R Owen. View institutional ownership trends for Trueblue.

TBI stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have sold Trueblue company stock in the last year include Jeffrey B Sakaguchi, and Taryn R Owen. View insider buying and selling activity for 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.

One share of TBI stock can currently be purchased for approximately $13.07.

Trueblue has a market capitalization of $472.17 million and generates $2.37 billion in revenue each year. The business services provider earns $63.07 million in net income (profit) each year or $2.05 on an earnings per share basis. Trueblue employs 6,200 workers across the globe.

The official website for Trueblue is www.trueblue.com.

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]