Should I buy or sell Barrett Business Services stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barrett Business Services in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BBSI shares. View BBSI analyst ratings or view top-rated stocks .

What is Barrett Business Services' stock price target for 2024?

1 analysts have issued 12-month price objectives for Barrett Business Services' stock. Their BBSI share price targets range from $141.00 to $141.00. On average, they predict the company's stock price to reach $141.00 in the next year. This suggests a possible upside of 16.3% from the stock's current price. View analysts price targets for BBSI or view top-rated stocks among Wall Street analysts .

How have BBSI shares performed in 2024?

Barrett Business Services' stock was trading at $115.80 at the beginning of the year. Since then, BBSI shares have increased by 4.7% and is now trading at $121.21. View the best growth stocks for 2024 here .

Are investors shorting Barrett Business Services?

Barrett Business Services saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 60,800 shares, an increase of 53.9% from the March 15th total of 39,500 shares. Based on an average daily volume of 29,700 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.0% of the company's stock are short sold. View Barrett Business Services' Short Interest .

When is Barrett Business Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our BBSI earnings forecast .

How were Barrett Business Services' earnings last quarter?

Barrett Business Services, Inc. (NASDAQ:BBSI) posted its quarterly earnings results on Wednesday, February, 28th. The business services provider reported $2.16 earnings per share for the quarter, beating analysts' consensus estimates of $1.87 by $0.29. The business services provider earned $2.05 billion during the quarter, compared to analyst estimates of $2.02 billion. Barrett Business Services had a trailing twelve-month return on equity of 27.69% and a net margin of 4.73%.

How often does Barrett Business Services pay dividends? What is the dividend yield for Barrett Business Services?

Barrett Business Services declared a quarterly dividend on Monday, February 26th. Investors of record on Friday, March 15th will be paid a dividend of $0.30 per share on Thursday, March 28th. This represents a $1.20 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Thursday, March 14th. Read our dividend analysis for BBSI .

Is Barrett Business Services a good dividend stock?

Barrett Business Services (NASDAQ:BBSI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.00%. The dividend payout ratio is 16.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBSI will have a dividend payout ratio of 13.92% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BBSI .

What ETF holds Barrett Business Services' stock?

First Trust Dow Jones Select Microcap Index Fund holds 18,256 shares of BBSI stock, representing 1.04% of its portfolio.

What is Gary Kramer's approval rating as Barrett Business Services' CEO?

53 employees have rated Barrett Business Services Chief Executive Officer Gary Kramer on Glassdoor.com . Gary Kramer has an approval rating of 70% among the company's employees. 54.0% of employees surveyed would recommend working at Barrett Business Services to a friend.

What other stocks do shareholders of Barrett Business Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Barrett Business Services investors own include Pfizer (PFE) , Enterprise Products Partners (EPD) , General Motors (GM) , Inovio Pharmaceuticals (INO) , AT&T (T) , Verizon Communications (VZ) , Zynga (ZNGA) , AbbVie (ABBV) , Conagra Brands (CAG) and Chimerix (CMRX) .

Who are Barrett Business Services' major shareholders?

Barrett Business Services' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.28%) and Bridge City Capital LLC (0.22%). Insiders that own company stock include Anthony Meeker , Gary Kramer, James B Hicks , Jon L Justesen , Joseph Stephen Clabby, Thomas J Carley and Vincent P Price . View institutional ownership trends .

How do I buy shares of Barrett Business Services?

Shares of BBSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Barrett Business Services have any subsidiaries?

The following companies are subsidiares of Barrett Business Services: Associated Insurance Company for Excess, BBS I LLC, Ecole Insurance Company, First Employment Services, Phillips Temps, Pro HR, and Strategic Staffing. Read More

NASDAQ:BBSI

Barrett Business Services (BBSI) Stock Price, News & Analysis

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$121.21

+0.63 (+0.52%)

(As of 11:57 AM ET)

Compare

Today's Range: $119.63
▼
$121.24
50-Day Range: $108.87
▼
$126.72
52-Week Range: $76.22
▼
$130.00

Volume: 8,174 shs
Average Volume: 29,790 shs
Market Capitalization: $792.71 million

P/E Ratio: 16.31
Dividend Yield: 0.99%
Price Target: $141.00

Get Barrett Business Services alerts:

Barrett Business Services MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 16.3% Upside
$141.00 Price Target
Short Interest: Healthy
0.96% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.12
Upright™ Environmental Score
News Sentiment: 0.92
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.80%
From $7.78 to $8.62 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.65 out of 5 stars

Business Services Sector

23rd out of 315 stocks

Help Supply Services Industry

3rd out of 17 stocks

2.5

Analyst's Opinion

Consensus Rating
Barrett Business Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Barrett Business Services has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.96% of the float of Barrett Business Services has been sold short.
Short Interest Ratio / Days to Cover
Barrett Business Services has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Barrett Business Services has recently increased by 53.92%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Barrett Business Services has a dividend yield of 1.00%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Barrett Business Services does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Barrett Business Services is 16.15%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Barrett Business Services will have a dividend payout ratio of 13.92% next year. This indicates that Barrett Business Services will be able to sustain or increase its dividend.

5.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Barrett Business Services has received a 87.97% net impact score from Upright. Barrett Business Services seems to create the most significant positive value in categories "Jobs", "Taxes", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Corporate risk management services", "Payroll management software", and "Headhunting services" products. See details.
Environmental Sustainability
The Environmental Impact score for Barrett Business Services is -0.12.

3.3

News and Social Media Coverage

News Sentiment
Barrett Business Services has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Barrett Business Services this week, compared to 2 articles on an average week.
MarketBeat Follows
1 people have added Barrett Business Services to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Barrett Business Services insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.20% of the stock of Barrett Business Services is held by insiders.
Percentage Held by Institutions
86.76% of the stock of Barrett Business Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Barrett Business Services are expected to grow by 10.80% in the coming year, from $7.78 to $8.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Barrett Business Services is 16.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Barrett Business Services is 16.31, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.83.
Price to Earnings Growth Ratio
Barrett Business Services has a PEG Ratio of 1.10. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Barrett Business Services has a P/B Ratio of 4.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Barrett Business Services Stock (NASDAQ:BBSI)

Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. It offers professional employer services under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers compensation coverage, and other administration functions for the client's existing workforce. The company provides staffing and recruiting services, such as on-demand or short-term staffing assignment, contract staffing, direct placement, and long-term or indefinite-term on-site management services. It serves electronics manufacturers, light-manufacturing industries, agriculture-based companies, transportation and shipping enterprises, food processors, telecommunications companies, public utilities, general contractors in various construction-related fields, restaurant franchises, and professional services firms. Barrett Business Services, Inc. was incorporated in 1965 and is headquartered in Vancouver, Washington.

BBSI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BBSI Stock News Headlines

April 11, 2024 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At Barrett Business Services (NASDAQ:BBSI)

April 10, 2024 | globenewswire.com

BBSI Announces Board Approval of Planned Four-For-One Stock Split, Pending Stockholder Approval of an Increase in Authorized Shares of Common Stock

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 1, 2024 | globenewswire.com

BBSI Enhances Health Benefits Portfolio with Kaiser Permanente Partnership

March 18, 2024 | finance.yahoo.com

Zacks.com featured highlights PagSeguro Digital, Affiliated Managers, Cigna, Barrett Business Services and Fidelis Insurance

March 4, 2024 | seekingalpha.com

Barrett Business Services, Inc. (BBSI) Q4 2023 Earnings Call Transcript

March 4, 2024 | finance.yahoo.com

Barrett Business Services, Inc. (NASDAQ:BBSI) Q4 2023 Earnings Call Transcript

March 2, 2024 | finance.yahoo.com

Barrett Business Services, Inc. (NASDAQ:BBSI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$144

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 1, 2024 | finance.yahoo.com

Barrett Business Services Full Year 2023 Earnings: EPS Beats Expectations

February 29, 2024 | finanznachrichten.de

Barrett Business Services Inc: BBSI Reports Strong Fourth Quarter and Full Year 2023 Financial Results

February 29, 2024 | finance.yahoo.com

Q4 2023 Barrett Business Services Inc Earnings Call

February 28, 2024 | finance.yahoo.com

Barrett Business Services Inc (BBSI) Reports Incremental Growth in Q4 and Full Year 2023

February 28, 2024 | globenewswire.com

BBSI Reports Strong Fourth Quarter and Full Year 2023 Financial Results

February 26, 2024 | finance.yahoo.com

BBSI Mar 2024 100.000 put

February 21, 2024 | stocknews.com

3 Outsourcing Stocks With Potential to Make Gains

February 18, 2024 | finance.yahoo.com

Is It Time To Consider Buying Barrett Business Services, Inc. (NASDAQ:BBSI)?

February 18, 2024 | finance.yahoo.com

BBSI Aug 2024 115.000 call

February 14, 2024 | wsj.com

Barrett Business Services Inc.

February 14, 2024 | finance.yahoo.com

BBSI Sets Fourth Quarter and Full Year 2023 Conference Call for Wednesday, February 28, 2024, at 5:00 p.m. ET

February 6, 2024 | finance.yahoo.com

Millionaire-Makers: 3 Soaring Stocks to Transform Your Portfolio by 2026

February 6, 2024 | finance.yahoo.com

Private Capital Bolsters Stake in Barrett Business Services Inc

January 23, 2024 | benzinga.com

Barrett Bus Servs Stock (NASDAQ:BBSI), Analyst Ratings, Price Targets, Predictions

January 9, 2024 | finance.yahoo.com

BBSI Earns 2024 Great Place To Work Certification™

January 2, 2024 | finance.yahoo.com

Zacks.com featured highlights include JAKKS Pacific, Molson Coors Beverage Co., Black Hills, Barrett Business Services and First Horizon

December 27, 2023 | finance.yahoo.com

4 Stocks to Make the Most of the Santa Claus Rally

December 21, 2023 | finance.yahoo.com

Implied Volatility Surging for Barrett (BBSI) Stock Options

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Ex-Dividend for 3/28 Dividend: 3/14/2024
Dividend Payable: 3/28/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Help supply services
Sub-Industry: Human Resource & Employment Services
Current Symbol: NASDAQ:BBSI
CUSIP: 06846310
CIK: 902791
Web: www.barrettbusiness.com
Phone: (360) 828-0700
Fax: 360-828-0701
Employees: 130,513
Year Founded: 1951

Price Target and Rating

Average Stock Price Target: $141.00
High Stock Price Target: $141.00
Low Stock Price Target: $141.00
Potential Upside/Downside: +16.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.43
Trailing P/E Ratio: 16.23
Forward P/E Ratio: 15.50
P/E Growth: 1.1
Net Income: $50.61 million
Net Margins: 4.73%
Pretax Margin: 6.45%
Return on Equity: 27.69%
Return on Assets: 7.34%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.30
Quick Ratio: 1.30

Sales & Book Value

Annual Sales: $1.07 billion
Price / Sales: 0.74
Cash Flow: $8.75 per share
Price / Cash Flow: 13.78
Book Value: $30.10 per share
Price / Book: 4.01

Miscellaneous

Outstanding Shares: 6,540,000
Free Float: 6,327,000
Market Cap: $788.59 million
Optionable: Optionable
Beta: 1.35

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Key Executives

Mr. Gary Edward Kramer (Age 44)
President, CEO & Director
Comp: $2.17M
Mr. Anthony J. Harris (Age 39)
Executive VP, CFO, Principal Accounting Officer & Treasurer
Comp: $953.17k
Mr. Gerald R. Blotz (Age 54)
Executive VP & COO
Comp: $1.24M
Mr. James R. Potts (Age 56)
Executive VP, General Counsel & Secretary
Comp: $813.68k
Ms. Rachael Stutzman
Senior Vice President of Sales & Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BBSI Stock Analysis - Frequently Asked Questions

Should I buy or sell Barrett Business Services stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barrett Business Services in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BBSI shares.
View BBSI analyst ratings or view top-rated stocks.
What is Barrett Business Services' stock price target for 2024?: 1 analysts have issued 12-month price objectives for Barrett Business Services' stock. Their BBSI share price targets range from $141.00 to $141.00. On average, they predict the company's stock price to reach $141.00 in the next year. This suggests a possible upside of 16.3% from the stock's current price.
View analysts price targets for BBSI or view top-rated stocks among Wall Street analysts.
How have BBSI shares performed in 2024?: Barrett Business Services' stock was trading at $115.80 at the beginning of the year. Since then, BBSI shares have increased by 4.7% and is now trading at $121.21.
View the best growth stocks for 2024 here.
Are investors shorting Barrett Business Services?: Barrett Business Services saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 60,800 shares, an increase of 53.9% from the March 15th total of 39,500 shares. Based on an average daily volume of 29,700 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.0% of the company's stock are short sold.
View Barrett Business Services' Short Interest.
When is Barrett Business Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our BBSI earnings forecast.
How were Barrett Business Services' earnings last quarter?: Barrett Business Services, Inc. (NASDAQ:BBSI) posted its quarterly earnings results on Wednesday, February, 28th. The business services provider reported $2.16 earnings per share for the quarter, beating analysts' consensus estimates of $1.87 by $0.29. The business services provider earned $2.05 billion during the quarter, compared to analyst estimates of $2.02 billion. Barrett Business Services had a trailing twelve-month return on equity of 27.69% and a net margin of 4.73%.
How often does Barrett Business Services pay dividends? What is the dividend yield for Barrett Business Services?: Barrett Business Services declared a quarterly dividend on Monday, February 26th. Investors of record on Friday, March 15th will be paid a dividend of $0.30 per share on Thursday, March 28th. This represents a $1.20 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for BBSI.
Is Barrett Business Services a good dividend stock?: Barrett Business Services (NASDAQ:BBSI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.00%. The dividend payout ratio is 16.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBSI will have a dividend payout ratio of 13.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BBSI.

What ETF holds Barrett Business Services' stock?: First Trust Dow Jones Select Microcap Index Fund holds 18,256 shares of BBSI stock, representing 1.04% of its portfolio.
What is Gary Kramer's approval rating as Barrett Business Services' CEO?: 53 employees have rated Barrett Business Services Chief Executive Officer Gary Kramer on Glassdoor.com. Gary Kramer has an approval rating of 70% among the company's employees. 54.0% of employees surveyed would recommend working at Barrett Business Services to a friend.
What other stocks do shareholders of Barrett Business Services own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Barrett Business Services investors own include Pfizer (PFE), Enterprise Products Partners (EPD), General Motors (GM), Inovio Pharmaceuticals (INO), AT&T (T), Verizon Communications (VZ), Zynga (ZNGA), AbbVie (ABBV), Conagra Brands (CAG) and Chimerix (CMRX).
Who are Barrett Business Services' major shareholders?: Barrett Business Services' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.28%) and Bridge City Capital LLC (0.22%). Insiders that own company stock include Anthony Meeker, Gary Kramer, James B Hicks, Jon L Justesen, Joseph Stephen Clabby, Thomas J Carley and Vincent P Price.
View institutional ownership trends.
How do I buy shares of Barrett Business Services?: Shares of BBSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Barrett Business Services have any subsidiaries?: The following companies are subsidiares of Barrett Business Services: Associated Insurance Company for Excess, BBS I LLC, Ecole Insurance Company, First Employment Services, Phillips Temps, Pro HR, and Strategic Staffing.
Read More

This page (NASDAQ:BBSI) was last updated on 4/16/2024 by MarketBeat.com Staff

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Barrett Business Services (BBSI) Stock Price, News & Analysis

Barrett Business Services MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Barrett Business Services Stock (NASDAQ:BBSI)

BBSI Stock Price History

BBSI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

BBSI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™