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Barrett Business Services Appoints New Chairman of the Board

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Barrett Business Services Appoints New Chairman of the Board

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Barrett Business Services ( (BBSI) ) just unveiled an announcement.

On June 4, 2025, Barrett Business Services, Inc. announced the appointment of Joseph S. Clabby as the new Chairman of the Board, effective June 2, 2025, succeeding Anthony Meeker, who will remain as a board member. Clabby, who joined the board in September 2022 and became Vice Chairman in December 2024, brings extensive industry experience from his previous roles at ACE Limited and Chubb. This leadership transition is expected to guide BBSI forward, building on its strong foundation and momentum.

The most recent analyst rating on (BBSI) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Barrett Business Services stock, see the BBSI Stock Forecast page.

Spark’s Take on BBSI Stock

According to Spark, TipRanks’ AI Analyst, BBSI is a Outperform.

Barrett Business Services shows strong financial growth with a stable balance sheet and positive earnings call sentiment. However, negative cash flow and fair valuation metrics temper the score. The slight positive momentum from technical indicators and the strategic corporate events further support the stock’s outlook, though challenges in staffing and macroeconomic uncertainties pose some risks.

To see Spark’s full report on BBSI stock, click here.

More about Barrett Business Services

BBSI (NASDAQ: BBSI) is a leading provider of business management solutions, offering a unique operational platform that combines human resource outsourcing and professional management consulting. The company’s expertise spans payroll processing, employee benefits, workers’ compensation coverage, risk management, workplace safety programs, and human resource administration. BBSI serves over 8,100 PEO clients across all 50 states.

Average Trading Volume: 154,977

Technical Sentiment Signal: Buy

Current Market Cap: $1.06B

For an in-depth examination of BBSI stock, go to TipRanks’ Stock Analysis page.

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