NASDAQBBSI Archives - Page 3 of 6

August 15, 2022

Los Angeles Capital Management LLC Boosts Holdings in Barrett Business Services, Inc. (NASDAQ:BBSI)

Los Angeles Capital Management LLC raised its stake in shares of Barrett Business Services, Inc. (NASDAQ:BBSI – Get Rating) by 44.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,801 shares of the business services provider’s stock after purchasing an additional 2,400 shares during the period. Los Angeles Capital Management LLC owned 0.11{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of Barrett Business Services worth $604,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC purchased a new position in Barrett Business Services during the fourth quarter valued at $458,000. Euclidean Technologies Management LLC purchased a new position in Barrett Business Services during the fourth quarter valued at $2,050,000. Grandeur Peak Global Advisors LLC lifted its holdings in Barrett Business Services by 5.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the fourth quarter. Grandeur Peak Global Advisors LLC now owns 137,292 shares of the business services provider’s stock valued at $9,481,000 after purchasing an additional 7,220 shares in the last quarter. Confluence Wealth Services Inc. purchased a new position in Barrett Business Services during the fourth quarter valued at $27,000. Finally, Lapides Asset Management LLC lifted its holdings in Barrett Business Services by 68.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the first quarter. Lapides Asset Management LLC now owns 51,200 shares of the business services provider’s stock valued at $3,966,000 after purchasing an additional 20,800 shares in the last quarter. 81.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Barrett Business Services

In related news, CEO Gary Kramer purchased 1,000 shares of the company’s stock in a transaction on Friday, May 20th. The stock was acquired at an average cost of $70.13 per share, for a total transaction of $70,130.00. Following the completion of the transaction, the chief executive officer now directly owns 34,451 shares in the company, valued at $2,416,048.63. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 3.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BBSI. Barrington Research raised their price target on shares of Barrett Business Services from $85.00 to $102.00 in a research note on Thursday, May 5th. Roth Capital reissued a “buy” rating on shares of Barrett Business Services in a research note on Thursday, May 5th. StockNews.com downgraded shares of Barrett Business Services from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 13th. TheStreet downgraded shares of Barrett Business Services from a “b-” rating to a “c+” rating in a research note on Tuesday, May 24th. Finally, Sidoti reissued a “buy” rating and issued a $97.00 price target on shares of Barrett Business Services in a research note on Tuesday, June 14th. Four analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $102.33.

Barrett Business Services Trading Up 1.6 {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Barrett Business Services stock opened at $84.66 on Friday. Barrett Business Services, Inc. has a 12-month low of $57.76 and a 12-month high of $86.82. The stock has a market cap of $600.24 million, a P/E ratio of 14.40, a PEG ratio of 0.95 and a beta of 1.39. The company has a 50-day moving average price of $75.75 and a 200 day moving average price of $72.71.

Barrett Business Services (NASDAQ:BBSI – Get Rating) last released its quarterly earnings data on Wednesday, August 3rd. The business services provider reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.61. Barrett Business Services had a net margin of 4.33{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a return on equity of 22.59{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. During the same quarter in the previous year, the company earned $2.24 earnings per share. As a group, analysts forecast that Barrett Business Services, Inc. will post 6.3 EPS for the current year.

Barrett Business Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 2nd. Shareholders of record on Friday, August 19th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.42{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend date of this dividend is Thursday, August 18th. Barrett Business Services’s dividend payout ratio is presently 20.41{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Barrett Business Services Profile

(Get Rating)

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.

SG Americas Securities LLC Has $134,000 Stake in Barrett Business Services, Inc. (NASDAQ:BBSI)

SG Americas Securities LLC cut its stake in Barrett Business Services, Inc. (NASDAQ:BBSI – Get Rating) by 39.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,729 shares of the business services provider’s stock after selling 1,132 shares during the period. SG Americas Securities LLC’s holdings in Barrett Business Services were worth $134,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in BBSI. Allspring Global Investments Holdings LLC acquired a new stake in shares of Barrett Business Services in the fourth quarter valued at approximately $458,000. Euclidean Technologies Management LLC bought a new position in Barrett Business Services in the fourth quarter valued at $2,050,000. Grandeur Peak Global Advisors LLC increased its stake in Barrett Business Services by 5.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the 4th quarter. Grandeur Peak Global Advisors LLC now owns 137,292 shares of the business services provider’s stock valued at $9,481,000 after buying an additional 7,220 shares during the last quarter. Confluence Wealth Services Inc. bought a new stake in Barrett Business Services during the 4th quarter worth about $27,000. Finally, Lapides Asset Management LLC boosted its stake in shares of Barrett Business Services by 68.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the 1st quarter. Lapides Asset Management LLC now owns 51,200 shares of the business services provider’s stock worth $3,966,000 after buying an additional 20,800 shares during the last quarter. Institutional investors own 81.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on BBSI. StockNews.com lowered Barrett Business Services from a “strong-buy” rating to a “buy” rating in a report on Friday, May 13th. TheStreet cut shares of Barrett Business Services from a “b-” rating to a “c+” rating in a research note on Tuesday, May 24th. Barrington Research boosted their target price on shares of Barrett Business Services from $85.00 to $102.00 in a report on Thursday, May 5th. Roth Capital reissued a “buy” rating on shares of Barrett Business Services in a research report on Thursday, May 5th. Finally, Sidoti reaffirmed a “buy” rating and issued a $97.00 target price on shares of Barrett Business Services in a report on Tuesday, June 14th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Barrett Business Services has a consensus rating of “Buy” and a consensus target price of $102.33.

Insider Transactions at Barrett Business Services

In other news, CEO Gary Kramer purchased 1,000 shares of Barrett Business Services stock in a transaction that occurred on Friday, May 20th. The stock was acquired at an average cost of $70.13 per share, for a total transaction of $70,130.00. Following the purchase, the chief executive officer now directly owns 34,451 shares of the company’s stock, valued at approximately $2,416,048.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the stock is owned by corporate insiders.

Barrett Business Services Price Performance

BBSI stock opened at $84.66 on Friday. Barrett Business Services, Inc. has a one year low of $57.76 and a one year high of $86.82. The stock has a market cap of $600.24 million, a price-to-earnings ratio of 14.40, a price-to-earnings-growth ratio of 0.95 and a beta of 1.39. The company has a fifty day moving average price of $75.75 and a two-hundred day moving average price of $72.71.

Barrett Business Services (NASDAQ:BBSI – Get Rating) last posted its earnings results on Wednesday, August 3rd. The business services provider reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.61. Barrett Business Services had a net margin of 4.33{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a return on equity of 22.59{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. During the same quarter in the previous year, the firm posted $2.24 earnings per share. Research analysts anticipate that Barrett Business Services, Inc. will post 6.3 EPS for the current fiscal year.

Barrett Business Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 2nd. Stockholders of record on Friday, August 19th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.42{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend date is Thursday, August 18th. Barrett Business Services’s payout ratio is 20.41{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

About Barrett Business Services

(Get Rating)

Featured Articles

July 16, 2022

24,318 Shares in Barrett Business Services, Inc. (NASDAQ:BBSI) Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. bought a new position in shares of Barrett Business Services, Inc. (NASDAQ:BBSI – Get Rating) in the 1st quarter, HoldingsChannel.com reports. The firm bought 24,318 shares of the business services provider’s stock, valued at approximately $1,884,000.

Other institutional investors have also bought and sold shares of the company. Confluence Wealth Services Inc. purchased a new position in Barrett Business Services during the fourth quarter worth about $27,000. Denali Advisors LLC purchased a new position in Barrett Business Services during the fourth quarter worth about $76,000. BNP Paribas Arbitrage SA grew its position in Barrett Business Services by 62.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the fourth quarter. BNP Paribas Arbitrage SA now owns 3,544 shares of the business services provider’s stock worth $245,000 after buying an additional 1,366 shares in the last quarter. PDT Partners LLC bought a new stake in Barrett Business Services during the fourth quarter worth about $371,000. Finally, UBS Asset Management Americas Inc. lifted its stake in Barrett Business Services by 23.0{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the third quarter. UBS Asset Management Americas Inc. now owns 5,350 shares of the business services provider’s stock worth $408,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 81.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s stock.

Several equities research analysts have issued reports on the company. StockNews.com lowered Barrett Business Services from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 13th. Barrington Research lifted their price target on Barrett Business Services from $85.00 to $102.00 in a research note on Thursday, May 5th. Roth Capital reaffirmed a “buy” rating on shares of Barrett Business Services in a research note on Thursday, May 5th. TheStreet lowered Barrett Business Services from a “b-” rating to a “c+” rating in a research note on Tuesday, May 24th. Finally, Sidoti reaffirmed a “buy” rating and set a $97.00 price target on shares of Barrett Business Services in a research note on Tuesday, June 14th. Four analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $102.33.

NASDAQ BBSI opened at $73.15 on Friday. Barrett Business Services, Inc. has a 1-year low of $57.76 and a 1-year high of $86.82. The stock has a 50-day moving average of $73.11 and a 200-day moving average of $70.71. The firm has a market cap of $535.46 million, a PE ratio of 12.97, a price-to-earnings-growth ratio of 0.81 and a beta of 1.39.

Barrett Business Services (NASDAQ:BBSI – Get Rating) last released its earnings results on Wednesday, May 4th. The business services provider reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.63) by $0.67. Barrett Business Services had a return on equity of 21.43{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a net margin of 4.37{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The company had revenue of $1.71 billion during the quarter, compared to analyst estimates of $1.72 billion. During the same quarter in the previous year, the company posted ($0.60) EPS. On average, sell-side analysts anticipate that Barrett Business Services, Inc. will post 6.07 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 3rd. Shareholders of record on Friday, May 20th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.64{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend date of this dividend was Thursday, May 19th. Barrett Business Services’s payout ratio is 21.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

In other Barrett Business Services news, CEO Gary Kramer purchased 1,000 shares of the stock in a transaction on Friday, May 20th. The stock was acquired at an average price of $70.13 per share, with a total value of $70,130.00. Following the transaction, the chief executive officer now directly owns 34,451 shares of the company’s stock, valued at approximately $2,416,048.63. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s stock.

About Barrett Business Services (Get Rating)

Featured Articles

Want to see what other hedge funds are holding BBSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barrett Business Services, Inc. (NASDAQ:BBSI – Get Rating).

July 13, 2022

Barrett Business Services (NASDAQ:BBSI) Stock Crosses Above 200 Day Moving Average of $70.64

Barrett Small business Products and services, Inc. (NASDAQ:BBSI – Get Score) crossed earlier mentioned its 200-day transferring ordinary in the course of investing on Monday . The inventory has a 200-working day transferring average of $70.64 and traded as substantial as $75.19. Barrett Small business Services shares very last traded at $73.90, with a quantity of 19,343 shares transforming arms.

Various equities investigate analysts recently weighed in on the business. StockNews.com downgraded Barrett Business Expert services from a “strong-buy” score to a “buy” rating in a report on Friday, Could 13th. Roth Funds reaffirmed a “buy” score on shares of Barrett Business enterprise Expert services in a report on Thursday, Might 5th. TheStreet downgraded Barrett Small business Companies from a “b-” score to a “c+” rating in a report on Tuesday, Could 24th. Sidoti reaffirmed a “buy” ranking and set a $97.00 concentrate on price on shares of Barrett Company Companies in a report on Tuesday, June 14th. Finally, Barrington Investigation lifted their target selling price on Barrett Business enterprise Solutions from $85.00 to $102.00 in a report on Thursday, May possibly 5th. Four expenditure analysts have rated the inventory with a obtain score, In accordance to data from MarketBeat.com, the inventory has an normal score of “Buy” and an regular focus on rate of $102.33.

The stock has a marketplace capitalization of $540.95 million, a cost-to-earnings ratio of 13.10, a P/E/G ratio of .82 and a beta of 1.39. The enterprise has a fifty working day easy relocating common of $73.11 and a 200 working day straightforward transferring ordinary of $70.64.

Barrett Small business Companies (NASDAQ:BBSI – Get Ranking) past declared its quarterly earnings data on Wednesday, May well 4th. The business enterprise solutions company described $.04 earnings for every share (EPS) for the quarter, beating analysts’ consensus estimates of ($.63) by $.67. The firm had earnings of $1.71 billion for the quarter, in comparison to the consensus estimate of $1.72 billion. Barrett Small business Products and services had a return on equity of 21.43{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a web margin of 4.37{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. Through the exact period of time in the former year, the enterprise acquired ($.60) EPS. As a team, study analysts hope that Barrett Business Expert services, Inc. will write-up 6.07 EPS for the present 12 months.

The company also just lately disclosed a quarterly dividend, which was paid out on Friday, June 3rd. Stockholders of record on Friday, May perhaps 20th had been paid out a $.30 dividend. This signifies a $1.20 dividend on an annualized basis and a dividend produce of 1.62{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend date was Thursday, May well 19th. Barrett Small business Services’s dividend payout ratio is 21.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

In other Barrett Small business Providers information, CEO Gary Kramer acquired 1,000 shares of the company’s inventory in a transaction dated Friday, May possibly 20th. The shares were acquired at an typical charge of $70.13 per share, with a total value of $70,130.00. Pursuing the buy, the main govt officer now specifically owns 34,451 shares of the company’s inventory, valued at $2,416,048.63. The transaction was disclosed in a legal filing with the Securities & Trade Fee, which can be accessed by way of this hyperlink. 3.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the stock is owned by insiders.

Numerous massive buyers have not too long ago produced changes to their positions in the firm. Amalgamated Lender bought a new stake in Barrett Business Solutions in the 1st quarter valued at about $70,000. BNP Paribas Arbitrage SA amplified its posture in Barrett Company Expert services by 22.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,345 shares of the company products and services provider’s stock valued at $337,000 right after obtaining an further 801 shares in the very last quarter. Polar Asset Administration Partners Inc. purchased a new stake in Barrett Enterprise Solutions in the 1st quarter valued at about $3,085,000. Private Funds Administration LLC elevated its situation in Barrett Business enterprise Providers by 11.{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the 1st quarter. Personal Capital Management LLC now owns 237,730 shares of the company solutions provider’s inventory valued at $18,417,000 immediately after shopping for an extra 23,635 shares in the past quarter. Ultimately, Quantbot Technologies LP bought a new stake in Barrett Business enterprise Companies in the 1st quarter valued at about $120,000. 81.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the inventory is at this time owned by institutional traders.

Barrett Business enterprise Providers Corporation Profile (NASDAQ:BBSI)

Barrett Small business Products and services, Inc delivers organization administration methods for small and mid-sized organizations in the United States. The firm develops a administration platform that integrates a expertise-based strategy from the management consulting industry with equipment from the human resource outsourcing marketplace.

Advisable Stories

Get Information & Rankings for Barrett Enterprise Companies Daily – Enter your e mail handle below to get a concise everyday summary of the newest information and analysts’ rankings for Barrett Organization Providers and connected organizations with MarketBeat.com’s Absolutely free day-to-day electronic mail newsletter.

July 5, 2022

Barrett Business Services, Inc. (NASDAQ:BBSI) Sees Large Growth in Short Interest

Barrett Business Services, Inc. (NASDAQ:BBSI – Get Rating) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 118,100 shares, an increase of 23.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} from the May 31st total of 95,900 shares. Approximately 1.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s stock are short sold. Based on an average daily trading volume, of 49,100 shares, the days-to-cover ratio is currently 2.4 days.

In other Barrett Business Services news, CEO Gary Kramer bought 1,000 shares of Barrett Business Services stock in a transaction dated Friday, May 20th. The stock was bought at an average cost of $70.13 per share, for a total transaction of $70,130.00. Following the purchase, the chief executive officer now owns 34,451 shares in the company, valued at approximately $2,416,048.63. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 3.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC acquired a new position in shares of Barrett Business Services during the fourth quarter valued at $458,000. Euclidean Technologies Management LLC acquired a new position in shares of Barrett Business Services during the fourth quarter valued at $2,050,000. Grandeur Peak Global Advisors LLC increased its holdings in shares of Barrett Business Services by 5.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the fourth quarter. Grandeur Peak Global Advisors LLC now owns 137,292 shares of the business services provider’s stock valued at $9,481,000 after purchasing an additional 7,220 shares during the period. Confluence Wealth Services Inc. acquired a new position in shares of Barrett Business Services during the fourth quarter valued at $27,000. Finally, Strs Ohio increased its holdings in shares of Barrett Business Services by 9.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the fourth quarter. Strs Ohio now owns 10,100 shares of the business services provider’s stock valued at $697,000 after purchasing an additional 900 shares during the period. 81.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the stock is currently owned by hedge funds and other institutional investors.

(Ad)

From 10x Trading Champion Chuck Hughes comes the e-book helping thousands to survive the bear market, “Options trading Made Easy”!

Already full of tools and strategies for success, each copy now comes with a daily Trade of the Day, straight from Chuck to you!

Download your copy now!

NASDAQ BBSI traded up $0.67 during trading hours on Monday, hitting $73.54. The company had a trading volume of 1,959 shares, compared to its average volume of 52,205. Barrett Business Services has a fifty-two week low of $57.76 and a fifty-two week high of $86.82. The business has a fifty day simple moving average of $73.10 and a 200-day simple moving average of $70.46. The firm has a market cap of $538.31 million, a P/E ratio of 13.04, a price-to-earnings-growth ratio of 0.81 and a beta of 1.39.

Barrett Business Services (NASDAQ:BBSI – Get Rating) last issued its earnings results on Wednesday, May 4th. The business services provider reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.63) by $0.67. Barrett Business Services had a return on equity of 21.43{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a net margin of 4.37{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The firm had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same period last year, the company earned ($0.60) earnings per share. On average, equities research analysts expect that Barrett Business Services will post 6.07 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, June 3rd. Shareholders of record on Friday, May 20th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.63{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend date of this dividend was Thursday, May 19th. Barrett Business Services’s dividend payout ratio is presently 21.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Several brokerages recently issued reports on BBSI. StockNews.com cut Barrett Business Services from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 13th. Roth Capital restated a “buy” rating on shares of Barrett Business Services in a research note on Thursday, May 5th. Sidoti restated a “buy” rating and set a $97.00 price objective on shares of Barrett Business Services in a research note on Tuesday, June 14th. Barrington Research raised their price objective on Barrett Business Services from $85.00 to $102.00 in a research note on Thursday, May 5th. Finally, TheStreet cut Barrett Business Services from a “b-” rating to a “c+” rating in a research note on Tuesday, May 24th. Four analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $102.33.

About Barrett Business Services (Get Rating)

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Barrett Business Services right now?

Before you consider Barrett Business Services, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Barrett Business Services wasn’t on the list.

While Barrett Business Services currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

May 29, 2022

Zacks: Brokerages Anticipate Barrett Business Services, Inc. (NASDAQ:BBSI) to Announce $1.87 Earnings Per Share

Equities research analysts expect Barrett Business Services, Inc. (NASDAQ:BBSI – Get Rating) to post $1.87 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Barrett Business Services’ earnings. The highest EPS estimate is $1.88 and the lowest is $1.85. Barrett Business Services posted earnings per share of $2.24 in the same quarter last year, which indicates a negative year-over-year growth rate of 16.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The company is expected to report its next earnings report on Monday, January 1st.

On average, analysts expect that Barrett Business Services will report full year earnings of $6.07 per share for the current financial year, with EPS estimates ranging from $6.06 to $6.08. For the next financial year, analysts forecast that the firm will report earnings of $6.75 per share. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Barrett Business Services.

Barrett Business Services (NASDAQ:BBSI – Get Rating) last released its quarterly earnings data on Wednesday, May 4th. The business services provider reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.63) by $0.67. The company had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.72 billion. Barrett Business Services had a return on equity of 21.43{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a net margin of 4.37{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. During the same quarter in the previous year, the company posted ($0.60) earnings per share.

(Ad)

Inflation, soaring gas prices, and continued supply chain disruptions have impacted virtually every American family’s budget and the US stock market alike.

We’ve identified 3 stocks poised to overcome current market conditions as well as 3 stocks investors should avoid.

Get their names and ticker symbols here.

Several equities research analysts recently issued reports on the company. Zacks Investment Research upgraded Barrett Business Services from a “hold” rating to a “strong-buy” rating and set a $88.00 price objective on the stock in a report on Monday, May 9th. TheStreet downgraded Barrett Business Services from a “b-” rating to a “c+” rating in a report on Tuesday, May 24th. Roth Capital restated a “buy” rating on shares of Barrett Business Services in a report on Thursday, May 5th. StockNews.com downgraded Barrett Business Services from a “strong-buy” rating to a “buy” rating in a report on Friday, May 13th. Finally, Barrington Research upped their price target on Barrett Business Services from $85.00 to $102.00 in a report on Thursday, May 5th. Three analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Barrett Business Services currently has an average rating of “Buy” and a consensus target price of $99.33.

In other Barrett Business Services news, CEO Gary Kramer purchased 1,000 shares of Barrett Business Services stock in a transaction dated Friday, May 20th. The stock was acquired at an average cost of $70.13 per share, with a total value of $70,130.00. Following the acquisition, the chief executive officer now directly owns 34,451 shares of the company’s stock, valued at $2,416,048.63. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 3.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the stock is currently owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System boosted its holdings in shares of Barrett Business Services by 1.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the fourth quarter. California State Teachers Retirement System now owns 10,420 shares of the business services provider’s stock worth $720,000 after purchasing an additional 169 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Barrett Business Services by 1.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the first quarter. Captrust Financial Advisors now owns 11,904 shares of the business services provider’s stock worth $926,000 after purchasing an additional 170 shares during the last quarter. Advisor Group Holdings Inc. boosted its holdings in shares of Barrett Business Services by 5.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the third quarter. Advisor Group Holdings Inc. now owns 3,599 shares of the business services provider’s stock worth $274,000 after purchasing an additional 189 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in shares of Barrett Business Services by 26.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the first quarter. Lazard Asset Management LLC now owns 1,029 shares of the business services provider’s stock worth $79,000 after purchasing an additional 218 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Barrett Business Services by 0.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the fourth quarter. Charles Schwab Investment Management Inc. now owns 53,003 shares of the business services provider’s stock worth $3,661,000 after purchasing an additional 265 shares during the last quarter. 81.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the stock is owned by institutional investors.

Shares of Barrett Business Services stock opened at $74.23 on Friday. Barrett Business Services has a 52 week low of $57.76 and a 52 week high of $86.82. The business’s fifty day simple moving average is $74.58 and its 200-day simple moving average is $70.51. The firm has a market cap of $543.36 million, a PE ratio of 13.16, a price-to-earnings-growth ratio of 0.82 and a beta of 1.46.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 3rd. Investors of record on Friday, May 20th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 19th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.62{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. Barrett Business Services’s dividend payout ratio (DPR) is presently 21.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

About Barrett Business Services (Get Rating)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Should you invest $1,000 in Barrett Business Services right now?

Before you consider Barrett Business Services, you’ll want to hear this.

While Barrett Business Services currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

Tag: NASDAQBBSI

Los Angeles Capital Management LLC Boosts Holdings in Barrett Business Services, Inc. (NASDAQ:BBSI)

Insider Buying and Selling at Barrett Business Services

Wall Street Analysts Forecast Growth

Barrett Business Services Trading Up 1.6 {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Barrett Business Services Announces Dividend

Barrett Business Services Profile

See Also

SG Americas Securities LLC Has $134,000 Stake in Barrett Business Services, Inc. (NASDAQ:BBSI)

Analyst Ratings Changes

Insider Transactions at Barrett Business Services

Barrett Business Services Price Performance

Barrett Business Services Dividend Announcement

About Barrett Business Services

Featured Articles

24,318 Shares in Barrett Business Services, Inc. (NASDAQ:BBSI) Purchased by Assenagon Asset Management S.A.

Barrett Business Services (NASDAQ:BBSI) Stock Crosses Above 200 Day Moving Average of $70.64

Barrett Business Services, Inc. (NASDAQ:BBSI) Sees Large Growth in Short Interest

Should you invest $1,000 in Barrett Business Services right now?