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Trueblue ( (TBI) ) has provided an announcement.
On January 8, 2025, TrueBlue issued a statement responding to director nominations from EHS Management, asserting that its existing strategic plan is improving financial results and positioning the company for sustainable, profitable growth in the staffing market. The company highlighted recent board refresh efforts, including the appointments of William Greenblatt and William Seward and the planned retirement of two current directors by or before the 2026 annual meeting, a process it said was informed by extensive shareholder engagement and endorsed by its largest shareholder. TrueBlue emphasized that its current board brings deep industry, operational, and financial expertise aligned with its technology-led workforce strategy, criticized EHS’s planned proxy contest as costly and disruptive, and told investors no immediate action is required ahead of the company’s forthcoming proxy materials for the 2026 shareholder meeting.
The most recent analyst rating on (TBI) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Trueblue stock, see the TBI Stock Forecast page.
Spark’s Take on TBI Stock
According to Spark, TipRanks’ AI Analyst, TBI is a Neutral.
Trueblue’s overall stock score is primarily impacted by its challenging financial performance and weak technical indicators. While recent earnings call insights and corporate events provide some optimism, the company’s negative profitability and valuation concerns weigh heavily on the score.
To see Spark’s full report on TBI stock, click here.
More about Trueblue
TrueBlue, Inc. (NYSE: TBI) is a leading provider of specialized workforce solutions, using proprietary, digitally enabled platforms to deliver flexible staffing, workforce management, and recruitment services through brands including PeopleReady, PeopleScout, Staff Management | SMX, Centerline, SIMOS, and Healthcare Staffing Professionals. Since its founding, the company has connected more than 10 million people with work and served over 3 million clients across a variety of industries, positioning itself as a major player in the fragmented staffing and workforce solutions market.
Average Trading Volume: 227,098
Technical Sentiment Signal: Strong Sell
Current Market Cap: $139.5M
For detailed information about TBI stock, go to TipRanks’ Stock Analysis page.