For its second fiscal quarter (ending June 30), Barrett Business Services Inc (NASDAQ: BBSI) has reported E.P.S. of $0.64 compared to $2.52 a year ago. For the latest four quarters through June 30, E.P.S. were $1.86 versus $6.77 for the same period a year ago.
Recent Price Action
Barrett Business Services Inc (NASDAQ: BBSI) stock declined slightly by -0.1% on 7/31/24. The stock closed at $36.44. However, trading volume in this decline was below average at 77% of normal. The stock has been strong relative to the market over the last nine months and has risen 3.0% during the last week.
Current PriceTarget Research Rating
BBSI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Barrett Business Services has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Barrett Business Services has a slightly negative Appreciation Score of 40 but a good Power Rating of 73, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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