Barrett Business Services, Inc. (BBSI)
NASDAQ: BBSI · IEX Real-Time Price · USD
33.85
-0.21 (-0.62%)
At close: Jul 19, 2024, 4:00 PM
33.87
+0.02 (0.06%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Barrett Business Services Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for BBSI stock have an average target of 35.13, with a low estimate of 35 and a high estimate of 35.25. The average target predicts an increase of 3.78% from the current stock price of 33.85.
Analyst Consensus: Buy
* Price targets were last updated on Jun 5, 2024.
Analyst Ratings
The average analyst rating for BBSI stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Sidoti & Co. | Sidoti & Co. | Strong Buy → Hold Downgrades $35 | Strong Buy → Hold | Downgrades | $35 | +3.40% | Jun 5, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $35 | Buy | Maintains | $35 | +4.14% | May 28, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $35 | Buy | Maintains | $35 | +4.14% | May 2, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $35 | Buy | Maintains | $35 | +4.14% | Apr 22, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $35 | Buy | Maintains | $35 | +4.14% | Apr 1, 2024 |
Financial Forecast
Revenue This Year
1.15B
from 1.07B
Increased by 7.27%
Revenue Next Year
1.26B
from 1.15B
Increased by 9.50%
EPS This Year
7.98
from 1.85
Increased by 332.13%
EPS Next Year
8.90
from 7.98
Increased by 11.47%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.2B | 1.3B |
| Avg | 1.1B | 1.3B |
| Low | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 12.0% | 17.3% |
| Avg | 7.3% | 9.5% |
| Low | 1.5% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 8.51 | 9.38 |
| Avg | 7.98 | 8.90 |
| Low | 7.50 | 8.43 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 360.5% | 17.5% |
| Avg | 332.1% | 11.5% |
| Low | 305.9% | 5.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.