For its third fiscal quarter (ending September 30), Barrett Business Services Inc (NASDAQ: BBSI) has reported a -72% decline in E.P.S. from $2.72 a year ago to $0.75 in the current quarter. For the latest four quarters through September 30, E.P.S. were $1.93 versus $6.99 for the same period a year ago — a decline of -72%.
Recent Price Action
Barrett Business Services Inc (NASDAQ: BBSI) stock enjoyed a very large increase of 7.9% on 11/6/24. The shares closed at $40.37. Moreover, this advance was accompanied by exceptionally high trading volume at 237% of normal. The stock has risen 8.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
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 inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Barrett Business Services has a neutral Appreciation Score of 42 but a good Power Rating of 75, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment