Barrett Business Services Inc (NASDAQ: BBSI) has reported a loss for its first fiscal quarter (ending March 31) of $-0.02 versus $0.12 for the same period a year ago — a decline of -117%. For the latest four quarters through March 31, E.P.S. were $7.42 versus $6.79 for the same period a year ago — an increase of 9%.
Recent Price Action
Barrett Business Services Inc (NASDAQ: BBSI) stock closed at $122.43 on 5/1/24 after a modest gain of 0.8%. NORMAL trading volume accompanied the advance. The stock has declined -0.8% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, BBSI is expected to continue to be a major Value Builder.
Barrett Business Services has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Barrett Business Services has a very low Appreciation Score of 14 but a good Power Rating of 84, with the Neutral Value Trend Rating the result.
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.
Be the first to comment