Barrett Business Services, Inc. (NASDAQ:BBSI) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokerages have set a one year consensus target price of $105.00 for the company and are anticipating that the company will post ($1.83) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Barrett Business Services an industry rank of 112 out of 265 based on the ratings given to its competitors.
BBSI has been the subject of several recent research reports. ValuEngine lowered Barrett Business Services from a “buy” rating to a “hold” rating in a report on Thursday, November 30th. BidaskClub lowered Barrett Business Services from a “buy” rating to a “hold” rating in a report on Wednesday, December 27th. Finally, Roth Capital reissued a “buy” rating and set a $105.00 price target on shares of Barrett Business Services in a report on Wednesday, March 7th.
Shares of Barrett Business Services (NASDAQ BBSI) opened at $86.90 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.05. Barrett Business Services has a fifty-two week low of $44.52 and a fifty-two week high of $89.87. The company has a market capitalization of $642.14, a price-to-earnings ratio of 26.66 and a beta of 1.40.
Barrett Business Services (NASDAQ:BBSI) last issued its quarterly earnings data on Tuesday, February 27th. The business services provider reported $1.38 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.14 by $0.24. Barrett Business Services had a return on equity of 34.14% and a net margin of 2.73%. The company had revenue of $1.43 billion during the quarter. analysts forecast that Barrett Business Services will post 4.54 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 16th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.15%. The ex-dividend date is Thursday, March 15th. Barrett Business Services’s dividend payout ratio is presently 30.67%.
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About Barrett Business Services
Barrett Business Services, Inc (BBSI) is a provider of business management solutions for small and mid-sized companies. The Company has developed a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.
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