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Trueblue Inc (TBI)
NYSE:TBI
Trueblue (TBI) Stock Price & Analysis
72 Followers
TBI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.15 - $19.06
Previous Close$10.65
Volume1.48M
Average Volume (3M)464.51K
Market Cap
$325.57M
Enterprise Value$325.02M
Total Cash (Recent Filing)$61.88M
Total Debt (Recent Filing)$61.34M
Price to Earnings (P/E)―
Beta1.23
Next Earnings
Jul 22, 2024EPS Estimate
-$0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.37
Shares Outstanding30,569,641
10 Day Avg. Volume221,978
30 Day Avg. Volume464,507
Standard Deviation0.12
R-Squared0.47
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.88
Price to Sales (P/S)0.17
Price to Cash Flow (P/CF)5.30
P/FCF Ratio11.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.23
Enterprise Value/Gross Profit0.64
Enterprise Value/Ebitda-357.56
Forecast
1Y Price Target
$13.00Price Target Upside20.37% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Trueblue News
PremiumCompany Announcements
Trueblue Inc Unveils Investor Roadshow Presentation Highlights
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceTBI's adjusted earnings per share (EPS) outperformed expectations, signaling better-than-anticipated profitability in key divisions.
Financial HealthWith a strong balance sheet featuring net cash and no debt, TBI stands on solid financial ground, enhancing its investment appeal.
Growth SectorsManagement's focus on burgeoning sectors like manufacturing, renewable energy, and transportation suggests a roadmap for TBI's future growth.
Bears Say
Financial ForecastReducing estimates and price target as turn is taking longer.
Market OutlookGuidance is for challenging conditions to remain in place in most segments.
Revenue PerformanceRevenue decline was reported at the midpoint of guidance with a -13% decrease, reflecting continued challenges in client hiring volumes and market softness.
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Ownership Overview
8.50% Insiders
39.24% Mutual Funds
46.22% Other Institutional Investors
6.05% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TBI FAQ
What was Trueblue Inc’s price range in the past 12 months?
Trueblue Inc lowest stock price was $10.15 and its highest was $19.06 in the past 12 months.
What is Trueblue Inc’s market cap?
Currently, no data Available
When is Trueblue Inc’s upcoming earnings report date?
Trueblue Inc’s upcoming earnings report date is Jul 22, 2024 which is in 51 days.
How were Trueblue Inc’s earnings last quarter?
Trueblue Inc released its earnings results on May 06, 2024. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of -$0.37 by $0.4.
Is Trueblue Inc overvalued?
According to Wall Street analysts Trueblue Inc’s price is currently Undervalued.
Does Trueblue Inc pay dividends?
Trueblue Inc does not currently pay dividends.
What is Trueblue Inc’s EPS estimate?
Trueblue Inc’s EPS estimate is -$0.05.
How many shares outstanding does Trueblue Inc have?
Trueblue Inc has 30,569,641 shares outstanding.
What happened to Trueblue Inc’s price movement after its last earnings report?
Trueblue Inc reported an EPS of $0.03 in its last earnings report, beating expectations of -$0.37. Following the earnings report the stock price went down -0.283%.
Which hedge fund is a major shareholder of Trueblue Inc?
Among the largest hedge funds holding Trueblue Inc’s share is Pzena Investment Management LLC. It holds Trueblue Inc’s shares valued at 38M.
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Trueblue Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$13.00 (20.37% Upside)
$13.00 (20.37% Upside)
Blogger Sentiment
Bearish
TBI Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 3.9K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.05%
12-Months-Change
Fundamentals
Return on Equity
-2.53%
Trailing 12-Months
Asset Growth
-9.25%
Trailing 12-Months
Company Description
Trueblue Inc
TrueBlue, Inc. engages in the provision of staffing, recruitment process outsourcing, and managed service provider solutions. It operates through the following business 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. TrueBlue was founded by John Ross Coghlan and Glenn Welstad in 1989 and is headquartered in Tacoma, WA.
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TBI Company Deck
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TBI Earnings Call
Q1 2024
0:00 / 0:00
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TBI Stock 12 Month Forecast
Average Price Target
$13.00
▲(20.37% Upside)
Technical Analysis
Best Analysts Covering TBI
1 Year
1 Year Success Rate
2/17 ratings generated profit
1 Year Average Return
-22.85%
assigned a buy rating 27 days ago
Copying Mark Marcon's trades and holding each position for 1 Year would result in 11.76% of your transactions generating a profit, with an average return of -22.85% per trade.
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