Barrett Business Services, Inc. (BBSI)
Market Cap | 809.61M |
Revenue (ttm) | 1.07B |
Net Income (ttm) | 50.61M |
Shares Out | 6.54M |
EPS (ttm) | 7.39 |
PE Ratio | 16.69 |
Forward PE | 15.78 |
Dividend | $1.20 (0.97%) |
Ex-Dividend Date | Mar 14, 2024 |
Volume | 8,474 |
Open | 122.69 |
Previous Close | 123.80 |
Day's Range | 122.46 - 123.57 |
52-Week Range | 76.22 - 130.00 |
Beta | 1.37 |
Analysts | Buy |
Price Target | 141.00 (+14.11%) |
Earnings Date | May 1, 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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for BBSI stock is "Buy" and the 12-month stock price forecast is $141.0.
News
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...
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...
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 -
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...
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...
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...
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...
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...
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...
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 -
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...
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...
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 -
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...
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 -
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...
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...
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...
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...
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...
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...
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% -
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...
Here's a Stock That Can Work to Play the Labor Shortage. Why Barrett Business Services Is a Buy.
A professional employer organization, Barrett Business Services is primed to capitalize on labor trends in blue-collar sectors such as construction and manufacturing, says one hedge fund.
BBSI Opens Branch Office In Nashville, Tennessee
Barrett Business Services, Inc. (NASDAQ: BBSI) plans to expand its national footprint by opening a branch office in Nashville, Tennessee and named Dion Matos as Area Manager. Dion Matos brings over tw...