Recent notable negative changes in fundamentals have impacted TrueBlue Inc (NYSE: TBI): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
TrueBlue Inc (NYSE: TBI) suffers from notable negative changes in investment behavior: the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
TBI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
TrueBlue has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. TrueBlue has a slightly positive Appreciation Score of 65 but a very low Power Rating of 0, and the Negative Value Trend Rating results.
Recent Price Action
On 9/20/24, TrueBlue Inc (NYSE: TBI) stock declined by -2.7%, closing at $8.18. Moreover, this decline was accompanied by exceptionally high trading volume at 271% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 8.5% during the last week.
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