Core Viewpoint - Barrett Business Services (BBSI) has shown strong stock performance, with a 7.4% increase over the past month and a 15.6% rise since the beginning of the year, outperforming both the Zacks Business Services sector and the Zacks Outsourcing industry [1][2]. Performance Metrics - The company has consistently exceeded earnings expectations, reporting an EPS of $-0.02 against a consensus estimate of $-0.31 in its last earnings report [2]. - For the current fiscal year, Barrett is projected to achieve earnings of $1.99 per share on revenues of $8.26 billion, reflecting a -73.07% change in EPS and a 7.02% change in revenues [2]. - The next fiscal year forecasts earnings of $2.19 per share on $8.96 billion in revenues, indicating a year-over-year change of 10.37% in EPS and 8.47% in revenues [2]. Valuation Metrics - Barrett's stock trades at 16.8X current fiscal year EPS estimates, slightly below the peer industry average of 17.2X [4]. - On a trailing cash flow basis, the stock trades at 15.4X compared to the peer group's average of 11.9X [4]. - The PEG ratio stands at 1.2, which does not position the company among the top value stocks [4]. Style Scores and Zacks Rank - Barrett has a Value Score of A, with Growth and Momentum Scores of C and D, respectively, resulting in a VGM Score of B [3]. - The stock holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates, making it a suitable choice for investors [5].

Core Viewpoint - Barrett Business Services (BBSI) is currently a strong value stock, indicated by its Zacks Rank of 2 (Buy) and an "A" grade in the Value category, suggesting it is undervalued compared to its peers [2][4]. Valuation Metrics - BBSI has a P/E ratio of 15.71, significantly lower than the industry average of 23.43, indicating potential undervaluation [2]. - The stock's Forward P/E has fluctuated between 11.27 and 16.39 over the past year, with a median of 14.55 [2]. - BBSI's PEG ratio stands at 1.12, compared to the industry's average of 2.53, suggesting better growth prospects relative to its price [2]. - The P/B ratio for BBSI is 4.50, which is favorable compared to the industry average of 12.26, indicating a solid market value relative to its book value [3]. - BBSI's P/S ratio is 0.8, lower than the industry's average of 1, which may indicate a more accurate performance indicator due to the difficulty of manipulating sales figures [3]. - The P/CF ratio for BBSI is 15.05, which is attractive compared to the industry average of 15.78, suggesting a strong cash flow outlook [4]. Investment Outlook - The combination of these valuation metrics indicates that Barrett Business Services is likely undervalued at present, making it an appealing option for value investors [4].

Core Insights - The price-to-sales (P/S) ratio is highlighted as a valuable metric for evaluating companies, especially those with negative earnings or in early development stages, as it reflects how much investors pay for each dollar of revenue generated [2][3] - A P/S ratio below 1 indicates a potentially undervalued stock, making it a more attractive investment compared to those with higher ratios [2] - The P/S ratio is considered more reliable than the price-to-earnings (P/E) ratio, as sales figures are less susceptible to manipulation [3] Company Summaries - **Lakeland Industries (LAKE)**: A global manufacturer of protective clothing, focusing on high-value products and market diversification. The company is committed to organic growth and has a Value Score of A with a Zacks Rank of 1 [6] - **Caleres (CAL)**: Operates a portfolio of consumer-driven footwear brands and is capturing market share in the kids' segment. The company aims to reduce debt and has a Value Score of A with a Zacks Rank of 2 [7] - **Ingredion (INGR)**: A global ingredient solutions provider, focusing on cost-saving initiatives and optimizing its supply chain. The company has a Value Score of A and a Zacks Rank of 2 [8] - **ProPetro Holding Corp. (PUMP)**: An oilfield service provider in the Permian Basin, focusing on growth through acquisitions and pressure pumping services. The company has a debt-light balance sheet and a Value Score of A with a Zacks Rank of 2 [9] - **Barrett Business Services (BBSI)**: Provides business management solutions for small and mid-sized companies, benefiting from an expanding client base and effective cost-management strategies. The company has a Value Score of A and a Zacks Rank of 2 [10] Screening Parameters - Companies with a P/S ratio less than the median for their industry are preferred, along with a P/E ratio and price-to-book ratio below their respective industry medians [4] - A debt-to-equity ratio lower than the industry median is also a key parameter, ensuring stability in the P/S ratio [4] - Stocks must be trading at a minimum price of $5 and have a Zacks Rank of 1 (Strong Buy) or 2 (Buy) to qualify for investment consideration [4]

VANCOUVER, Wash., June 04, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, today announced that its board of directors has declared a four-for-one split of the Company's common stock in the form of a stock dividend. Each stockholder of record on June 14, 2024, will receive a dividend of three additional shares of common stock for each share they hold, to be distributed on June 21, 2024. Trading will resume ...

Have you been paying attention to shares of Barrett Business Services (BBSI) ? Shares have been on the move with the stock up 7.3% over the past month. The stock hit a new 52-week high of $132.9 in the previous session. Barrett Business Services has gained 14.3% since the start of the year compared to the 4.1% move for the Zacks Business Services sector and the 2.9% return for the Zacks Outsourcing industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it ...

Group 1 - Barrett Business Services, Inc. (BBSI) has been invited to present at William Blair's 44th Annual Growth Stock Conference from June 4-6, 2024 [1] - BBSI's CEO Gary Kramer and CFO Anthony Harris will present on June 4 at 10:00 a.m. CT [1] - The conference will include one-on-one and small group meetings for investors with BBSI's management team [1] Group 2 - BBSI is a leading provider of business management solutions, specializing in human resource outsourcing and professional management consulting [2] - The company's integrated platform includes payroll processing, employee benefits, workers' compensation coverage, risk management, workplace safety programs, and human resource administration [2] - BBSI serves over 7,500 clients across all business sectors and is licensed to operate in all 50 states [2]

Group 1 - Barrett Business Services, Inc. (BBSI) has been invited to present at William Blair's 44th Annual Growth Stock Conference from June 4-6, 2024 [1] - BBSI's CEO Gary Kramer and CFO Anthony Harris will present on June 4 at 10:00 a.m. CT [1] - The conference will include one-on-one and small group meetings for investors with BBSI's management team [1] Group 2 - BBSI is a leading provider of business management solutions, combining human resource outsourcing and professional management consulting [2] - The company's integrated platform includes payroll processing, employee benefits, workers' compensation coverage, risk management, workplace safety programs, and human resource administration [2] - BBSI serves over 7,500 clients across all lines of business and is licensed to operate in all 50 states [2]

Core Insights - The price-to-sales (P/S) ratio is highlighted as a valuable metric for evaluating stocks, especially for companies with negative earnings or those in early development stages [2][3] - A P/S ratio below 1 indicates a potentially undervalued stock, as investors pay less than a dollar for each dollar of revenue generated [2] - The P/S ratio is considered more reliable than the price-to-earnings (P/E) ratio due to the difficulty of manipulating sales figures compared to earnings [3] Investment Opportunities - Lakeland Industries (LAKE) is recognized for its focus on high-value protective clothing and has a Value Score of A with a Zacks Rank of 1, indicating strong potential for returns [6] - ODP Corporation (ODP) is enhancing its business through Project CORE and has a Value Score of A with a Zacks Rank of 2, suggesting a solid investment opportunity [7] - ProPetro Holding Corp. (PUMP) is positioned to benefit from its operations in the Permian Basin and has a Value Score of A with a Zacks Rank of 2, indicating growth potential [8] - Barrett Business Services (BBSI) is experiencing strong earnings growth and has a Value Score of A with a Zacks Rank of 2, making it a favorable investment [9] - JAKKS Pacific (JAKK) has diversified its product offerings and has a Value Score of A with a Zacks Rank of 1, reflecting its strong market position [10] Screening Parameters - Stocks should have a P/S ratio less than the median for their industry, a P/E ratio below the industry median, and a price-to-book ratio lower than the industry median to ensure value [4] - A debt-to-equity ratio lower than the industry median is preferred, as lower debt levels contribute to a stable P/S ratio [4] - Stocks must be trading at a minimum price of $5 and have a Zacks Rank of 1 or 2 to qualify for investment consideration [4][5]

The Zacks Outsourcing industry has experienced significant growth, driven by various economic, technological and business factors. Key drivers include the pursuit of cost savings, access to a pool of skilled talent, and the opportunity to focus on core competencies.Broadridge Financial Solutions, Inc. (BR) , Barrett Business Services, Inc. (BBSI) and Conduent Incorporated (CNDT) can be considered by investors from the in-focus Outsourcing market.About the Industry Outsourcing involves delegating a company's ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...