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TrueBlue Inc (TBI)

NYSE
Currency in USD
8.20
+0.35(+4.46%)
Closed
After Hours
8.200.00(0.00%)
TBI Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
7.918.25
52 wk Range
6.6316.14
Key Statistics
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Prev. Close
7.85
Open
7.92
Day's Range
7.91-8.25
52 wk Range
6.63-16.14
Volume
161.97K
Average Vol. (3m)
195.82K
1-Year Change
-48.01%
Book Value / Share
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Fair Value
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Fair Value Upside
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TBI Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
11.00
Upside
+34.15%
Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield
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TrueBlue Inc Company Profile

TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries. The PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes on-site management and recruitment for the contingent industrial workforce of manufacturing, warehousing, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The company PeopleScout segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform for sourcing, screening, and delivering a permanent workforce to its clients; talent advisory services, such as employer branding, recruitment marketing, talent insights, diversity, equity and inclusion consulting, candidate assessment, and talent acquisition strategy consulting services; and contingent labor programs including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company was incorporated in 1985 and is headquartered in Tacoma, Washington.

TrueBlue Inc SWOT Analysis


Analyst Outlook
BMO Capital Markets maintains an Outperform rating with price targets ranging from $12.00 to $13.00, reflecting cautious optimism for TrueBlue's recovery potential
Strategic Evolution
Delve into TrueBlue's digital transformation efforts, market expansion plans, and focus on high-margin Recruitment Process Outsourcing to drive future growth
Market Dynamics
Explore how TrueBlue is positioned to capitalize on potential sector recovery, nearshoring trends, and government initiatives in infrastructure and clean energy
Staffing Resilience
TrueBlue demonstrates financial resilience amid industry challenges, outperforming expectations with positive Q1 2024 earnings and effective cost management strategies
Read full SWOT analysis
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TrueBlue Inc Earnings Call Summary for Q4/2024

  • TrueBlue's Q3 revenue fell 19% YoY to $382M; net loss of $8M; adjusted EBITDA at $5M
  • Q4 revenue expected to decline 18-24%; company maintains optimism for future growth as market conditions improve
  • Strategic focus on digital transformation, market expansion, and customer retention amid industry challenges
  • PeopleManagement secured contracts in solar and clean energy; commercial driving services show consistent growth
  • Company ends quarter with no debt and strong liquidity; cost reductions improve potential for future margin increases
Last Updated: 11/05/2024, 02:02 PM
Read Full Transcript

Compare TBI to Peers and Sector

Metrics to compare
TBI
Peers
Sector
Relationship
P/E Ratio
−2.0x18.7x11.7x
PEG Ratio
0.00−0.860.03
Price / Book
0.7x1.0x1.4x
Price / LTM Sales
0.1x0.3x1.2x
Upside (Analyst Target)
27.4%44.5%20.2%
Fair Value Upside
Unlock46.4%5.8%Unlock

Analysts' Recommendations

2 Buy
1 Hold
0 Sell
Ratings:
3 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 11.00

(+34.15% Upside)

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FAQ

What Is the TrueBlue (TBI) Stock Price Today?

The TrueBlue stock price today is 8.20

What Stock Exchange Does TrueBlue Trade On?

TrueBlue is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for TrueBlue?

The stock symbol for TrueBlue is "TBI."

What Is the TrueBlue Market Cap?

As of today, TrueBlue market cap is 241.50M.

What is TrueBlue Earnings Per Share?

The TrueBlue EPS is -3.82.

What Is the Next TrueBlue Earnings Date?

TrueBlue will release its next earnings report on Jan 29, 2025.

From a Technical Analysis Perspective, Is TBI a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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