Barrett Business Services, Inc. (BBSI)

NASDAQ: BBSI · IEX Real-Time Price · USD
32.70
+0.07 (0.21%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.21%
Market Cap 851.17M
Revenue (ttm) 1.08B
Net Income (ttm) 49.66M
Shares Out 26.03M
EPS (ttm) 1.82
PE Ratio 17.97
Forward PE 8.24
Dividend $0.30 (0.92%)
Ex-Dividend Date May 16, 2024
Volume 91,819
Open 32.63
Previous Close 32.63
Day's Range 31.90 - 32.99
52-Week Range 21.38 - 34.35
Beta 1.41
Analysts Buy
Price Target 140.50 (+329.66%)
Earnings Date Jul 31, 2024

About 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 cov... [Read more]

Sector Industrials
IPO Date Jun 11, 1993
Employees 127,141
Stock Exchange NASDAQ
Ticker Symbol BBSI
Full Company Profile

Financial Performance

In 2023, BBSI's revenue was $1.07 billion, an increase of 1.42% compared to the previous year's $1.05 billion. Earnings were $50.61 million, an increase of 7.07%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for BBSI stock is "Buy." The 12-month stock price forecast is $140.5, which is an increase of 329.66% from the latest price.

Price Target
$140.5
(329.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

BBSI to Present at William Blair's 44th Annual Growth Stock Conference on Tuesday, June 4

VANCOUVER, Wash., May 30, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions, has been invited to present at William Bl...

4 weeks ago - GlobeNewsWire

BBSI Reports Strong First Quarter 2024 Financial Results

- Revenues of $265.8 Million With Gross Billings up 7% - VANCOUVER, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (“BBSI” or the “Company”) (NASDAQ: BBSI), a leading provider...

2 months ago - GlobeNewsWire

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

VANCOUVER, Wash., April 10, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (“BBSI” or the “Company”) (NASDAQ: BBSI), a leading provider of business management solutions, today announced that...

2 months ago - GlobeNewsWire

BBSI Enhances Health Benefits Portfolio with Kaiser Permanente Partnership

VANCOUVER, Wash., April 01, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions, is excited to announce the introduction...

3 months ago - GlobeNewsWire

BBSI Reports Strong Fourth Quarter and Full Year 2023 Financial Results

- Q4 2023 Net Income of $14.6 Million, or $2.16 per Diluted Share - - Full Year 2023 Net Income of $50.6 Million, or $7.39 per Diluted Share -

4 months ago - GlobeNewsWire

BBSI Earns 2024 Great Place To Work Certification™

VANCOUVER, Wash., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions and one of the largest professional emplo...

6 months ago - GlobeNewsWire

BBSI Sets Third Quarter 2023 Conference Call for Wednesday, November 1, 2023, at 5:00 p.m. ET

VANCOUVER, Wash., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (NASDAQ: BBSI) (“BBSI” and/or the “Company”), a leading provider of business management solutions, will conduct a co...

9 months ago - GlobeNewsWire

BBSI Reports Strong Second Quarter 2023 Financial Results and Announces New $75 Million Stock Repurchase Program

- Q2 2023 Net Income of $17.0 Million, or $2.47 per Diluted Share - VANCOUVER, Wash., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (“BBSI” or the “Company”) (NASDAQ: BBSI), a lead...

11 months ago - GlobeNewsWire

BBSI Sets Second Quarter 2023 Conference Call for Wednesday, August 02, 2023, at 5:00 p.m. ET

VANCOUVER, Wash., July 19, 2023 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (NASDAQ: BBSI) (“BBSI” and/or the “Company”), a leading provider of business management solutions, will conduct a co...

1 year ago - GlobeNewsWire

BBSI Reports Strong First Quarter 2023 Financial Results

- Q1 2023 Net Income of $0.8 Million, or $0.12 per Diluted Share - VANCOUVER, Washington, May 03, 2023 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (“BBSI” or the “Company”) (NASDAQ: BBSI), a l...

1 year ago - GlobeNewsWire

BBSI Sets First Quarter 2023 Conference Call for Wednesday, May 3, 2023, at 5:00 p.m. ET

VANCOUVER, Wash., April 19, 2023 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions, will conduct a conference call on Wedne...

1 year ago - GlobeNewsWire

BBSI Reports Strong Fourth Quarter and Full Year 2022 Financial Results

- Q4 2022 Net Income of $11.5 Million, or $1.64 per Diluted Share -- Full Year 2022 Net Income of $47.3 Million, or $6.54 per Diluted Share -

1 year ago - GlobeNewsWire

BBSI Earns 2023 Great Place to Work Certification™

VANCOUVER, Wash., Jan. 10, 2023 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions and one of the largest professional emplo...

1 year ago - GlobeNewsWire

BBSI Announces Launch of BBSI U Learning Management System

VANCOUVER, Wash., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions and one of the largest professional emplo...

1 year ago - GlobeNewsWire

BBSI Reports Strong Third Quarter 2022 Financial Results

- Q3 2022 Net Income of $17.4 Million, or $2.45 per Diluted Share -- Raises Full-Year Outlook -

1 year ago - GlobeNewsWire

BBSI Sets Third Quarter 2022 Conference Call for Wednesday, November 2, 2022, at 5:00 p.m. ET

VANCOUVER, Wash., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions, will conduct a conference call on Wednes...

1 year ago - GlobeNewsWire

BBSI Reports Strong Second Quarter 2022 Financial Results

- Q2 2022 Net Income of $18.0 Million, or $2.48 per Diluted Share -- Raises Full-Year Outlook -

2 years ago - GlobeNewsWire

BBSI Sets Second Quarter 2022 Conference Call for Wednesday, August 3, 2022, at 5:00 p.m. ET

VANCOUVER, Wash., July 20, 2022 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions, will conduct a conference call on Wednes...

2 years ago - GlobeNewsWire

BBSI Sets First Quarter 2022 Conference Call for Wednesday, May 4, 2022, at 5:00 p.m. ET

VANCOUVER, Wash., April 20, 2022 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions, will conduct a conference call on Wedne...

2 years ago - GlobeNewsWire

Read How Analysts Reacted To Barrett Business Services' Q4 Results

Barrington analyst Vincent Colicchio lowered the price target on Barrett Business Services, Inc. (NASDAQ: BBSI) to $85 from $95 and maintained an Outperform rating on the shares, citing multiple contr...

2 years ago - Benzinga

BBSI Reports Fourth Quarter and Full Year 2021 Financial Results

- Q4 2021 Net Income of $10.6 Million, or $1.40 per Diluted Share - - Full Year 2021 Net Income of $38.1 Million, or $5.00 per Diluted Share - - Board of Directors Authorizes New $75 Million Share Rep...

2 years ago - GlobeNewsWire

BBSI Sets Fourth Quarter and Full Year 2021 Conference Call for Wednesday, March 2, 2022, at 5:00 p.m. ET

VANCOUVER, Wash., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions, will conduct a conference call on Wednes...

2 years ago - GlobeNewsWire

BBSI Earns 2022 Great Place to Work Certification™

VANCOUVER, Wash.--(BUSINESS WIRE)--Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions and one of the largest professional employer organizations...

2 years ago - Business Wire

BBSI Reports Strong Third Quarter 2021 Financial Results and Raises Full-Year Gross Billings Outlook

- Q3 Net Revenues Increase 9% to $247 Million with Gross Billings Up 12% -

2 years ago - GlobeNewsWire

BBSI Sets Third Quarter 2021 Conference Call for Wednesday, November 3, 2021, at 5:00 p.m. ET

VANCOUVER, Wash., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions and one of the largest professional emplo...

2 years ago - GlobeNewsWire