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Trueblue Inc (TBI)
NYSE:TBI
Holding TBI?
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TBI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.09 - $16.14
Previous Close$7.54
Volume233.87K
Average Volume (3M)270.73K
Market Cap
$224.90M
Enterprise Value$260.32M
Total Cash (Recent Filing)$26.40M
Total Debt (Recent Filing)$61.82M
Price to Earnings (P/E)―
Beta0.90
Next Earnings
Oct 21, 2024EPS Estimate
-$0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.59
Shares Outstanding29,827,117
10 Day Avg. Volume198,216
30 Day Avg. Volume270,727
Standard Deviation0.13
R-Squared0.39
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)0.67
Price to Sales (P/S)0.13
Price to Cash Flow (P/CF)-31.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.15
Enterprise Value/Gross Profit0.51
Enterprise Value/Ebitda-4.48
Forecast
1Y Price Target
$12.00Price Target Upside59.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Trueblue News
PremiumThe Fly
TrueBlue falls -21.6%
PremiumThe Fly
TrueBlue falls -17.5%
PremiumThe Fly
TrueBlue falls -21.4%
PremiumCompany Announcements
TrueBlue Elevates Jason Embick to Senior VP and CAO
PremiumCompany Announcements
Trueblue Investor Roadshow Presentation Insights UnveiledBulls Say, Bears Say
Bulls Say
Cost ReductionsManagement noted $70 million in SG&A reductions over the past two years from aligning its costs (mostly headcount) and expects future benefits from simplifying its organizational structure and technology improvements.
Future BenefitsManagement expects future benefits from simplifying its organizational structure and technology improvements.
ValuationTrends are getting 'less worse' — typically a good time to buy the name, and something not reflected in its valuation.
Bears Say
Financial PerformanceTBI reported a disappointing quarter with both revenues and profits below consensus.
Outlook3Q24 revenue guidance of $380-$400 million is below the consensus estimate of $436 million.
Revenue DeclineRevenue declines worse than expected with revenues falling 16.7% year-over-year, which is below the guidance.
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Ownership Overview
8.77% Insiders
43.31% Mutual Funds
46.83% Other Institutional Investors
1.09% 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 $7.09 and its highest was $16.14 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 Oct 21, 2024 which is in 31 days.
How were Trueblue Inc’s earnings last quarter?
Trueblue Inc released its earnings results on Aug 05, 2024. The company reported -$0.35 earnings per share for the quarter, missing the consensus estimate of -$0.048 by -$0.302.
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 -$0.16.
How many shares outstanding does Trueblue Inc have?
Trueblue Inc has 29,827,118 shares outstanding.
What happened to Trueblue Inc’s price movement after its last earnings report?
Trueblue Inc reported an EPS of -$0.35 in its last earnings report, missing expectations of -$0.048. Following the earnings report the stock price went down -24.37%.
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 30M.
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Trueblue Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$12.00 (59.15% Upside)
$12.00 (59.15% Upside)
Hedge Fund Trend
Increased
By 248.3K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-44.12%
12-Months-Change
Fundamentals
Return on Equity
-27.52%
Trailing 12-Months
Asset Growth
-21.75%
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
Q2 2024
0:00 / 0:00
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TBI Stock 12 Month Forecast
Average Price Target
$12.00
▲(59.15% Upside)
Technical Analysis
Best Analysts Covering TBI
1 Year
1 Year Success Rate
0/17 ratings generated profit
1 Year Average Return
-29.64%
assigned a buy rating 5 months ago
Copying Mark Marcon's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -29.64% per trade.
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