Barrett Business Services, Inc. to Post Q1 2022 Earnings of $1.22 Per Share, Barrington Research Forecasts (NASDAQ:BBSI)

Barrett Company Solutions, Inc. (NASDAQ:BBSI – Get Score) – Equities scientists at Barrington Exploration issued their Q1 2022 earnings per share (EPS) estimates for shares of Barrett Business Companies in a exploration report issued to clients and buyers on Thursday, March 3rd. Barrington Exploration analyst V. Colicchio forecasts that the business companies service provider will write-up earnings of $1.22 per share for the quarter. Barrington Analysis also issued estimates for Barrett Small business Services’ Q2 2022 earnings at $1.16 EPS, Q3 2022 earnings at $1.59 EPS, Q4 2022 earnings at $1.49 EPS, FY2022 earnings at $5.46 EPS and FY2023 earnings at $6.06 EPS. Barrett Business enterprise Services (NASDAQ:BBSI – Get Rating) past issued its quarterly earnings knowledge on Wednesday, March 2nd. The organization expert services provider noted $1.40 earnings for each share (EPS) for the quarter, topping the Zacks’ consensus estimate of $.99 by $.41. Barrett Enterprise Solutions experienced a return on fairness of 17.53% and a internet margin of 3.72%. For the duration of the similar quarter in the prior calendar year, the company earned $.93 earnings per share.

BBSI has been the topic of numerous other study experiences. Zacks Financial commitment Research raised Barrett Business Providers from a “sell” ranking to a “maintain” score in a exploration observe on Monday, November 15th. Roth Money elevated their cost aim on Barrett Business Services from $96.00 to $108.00 in a study note on Thursday.

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NASDAQ BBSI opened at $71.24 on Friday. The business enterprise has a 50 day uncomplicated moving common of $64.48 and a 200 day very simple moving regular of $72.24. Barrett Business enterprise Providers has a 1 year small of $57.76 and a one 12 months large of $86.82. The inventory has a industry capitalization of $534.66 million, a P/E ratio of 15.73, a P/E/G ratio of 1.01 and a beta of 1.48.

In related news, Director Vincent P. Price purchased 1,500 shares of the business’s inventory in a transaction that transpired on Friday, December 17th. The shares have been bought at an typical selling price of $66.25 per share, with a overall benefit of $99,375.00. The transaction was disclosed in a legal submitting with the Securities & Exchange Commission, which can be accessed by means of this hyperlink. 2.40% of the inventory is owned by insiders.

Institutional traders have lately modified their holdings of the stock. Confluence Wealth Services Inc. acquired a new stake in Barrett Business Services for the duration of the fourth quarter well worth $27,000. New York Condition Teachers Retirement Process bought a new stake in Barrett Enterprise Products and services in the course of the 3rd quarter value $46,000. Denali Advisors LLC purchased a new stake in Barrett Business Providers during the fourth quarter well worth $76,000. BNP Paribas Arbitrage SA lifted its holdings in Barrett Organization Solutions by 100.9% all through the third quarter. BNP Paribas Arbitrage SA now owns 2,178 shares of the business services provider’s stock well worth $166,000 just after buying an extra 1,094 shares in the course of the interval. Last but not least, Metropolitan Life Coverage Co NY lifted its holdings in Barrett Business Services by 116,250.% during the second quarter. Metropolitan Everyday living Insurance plan Co NY now owns 2,327 shares of the organization services provider’s inventory value $169,000 immediately after obtaining an extra 2,325 shares in the course of the interval. Institutional investors and hedge cash personal 82.40% of the company’s stock.

Barrett Business Solutions Corporation Profile (Get Rating)

Barrett Organization Providers, Inc engages in the provision of organization management answers for little and mid-sized providers. It develops administration system that integrates a know-how-based strategy from the management consulting industry with instruments from the human useful resource outsourcing industry. It focuses on skilled employer, and staffing and recruiting products and services.

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