Barrett Business Services, Inc. (BBSI)

NASDAQ: BBSI · IEX Real-Time Price · USD
123.57
-0.23 (-0.19%)
Apr 25, 2024, 12:45 PM EDT - Market open
-0.19%
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]

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 one analyst, the rating for BBSI stock is "Buy" and the 12-month stock price forecast is $141.0.

Price Target
$141.0
(14.11% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

14 days 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...

23 days 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 -

2 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...

3 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...

6 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...

9 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...

10 months 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 -

1 year 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...

1 year 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

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.

2 years ago - Barrons

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...

2 years ago - Benzinga