Financial PerformanceThe company's gross billings increased 9.5% YOY in Q1/25, driven by a 7.6% increase in average worksite employees and a strong number of new client additions.
Investment RatingAnalyst maintains an OUTPERFORM investment rating on BBSI shares with a 12-month price target of $45, suggesting a 14% upside.
Market ExpansionThe company plans to grow through expanding in white space by adding sales teams to existing branches and expand through the asset light model in new geographies.