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, 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]

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]

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 ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum if their valuations exceed future growth potential [1] - Identifying the right entry point for momentum stocks is challenging, and investors may end up with overvalued shares [1] Group 2: Barrett Business Services (BBSI) Analysis - BBSI has shown a price increase of 0.2% over the past four weeks, indicating growing investor interest [2] - The stock gained 7.8% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [3] - BBSI has a beta of 1.37, suggesting it moves 37% higher than the market in either direction, indicating fast-paced momentum [3] Group 3: Earnings Estimates and Valuation - BBSI has a Momentum Score of A, indicating a favorable time to invest based on momentum [3] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [4] - BBSI is trading at a Price-to-Sales ratio of 0.75, suggesting it is reasonably valued at 75 cents for each dollar of sales [4] Group 4: Additional Investment Opportunities - Besides BBSI, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [5] - The Zacks Premium Screens offer over 45 strategies to help identify potential winning stocks [5]

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, making it an attractive investment opportunity [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 protective clothing manufacturing, focusing on high-value products and market diversification, with a Value Score of A and Zacks Rank 1 [6] - PBF Energy Inc. (PBF) operates six refineries and is noted for its capacity to produce high-quality refined products, holding a Zacks Rank 2 and a Value Score of A [7] - PagSeguro Digital (PAGS) provides financial technology solutions and has shown disciplined capital allocation, achieving a Value Score of A and Zacks Rank 2 [8] - Barrett Business Services (BBSI) offers business management solutions and is experiencing growth through an expanding client base, with a Value Score of A and Zacks Rank 2 [8] - JAKKS Pacific (JAKK) has diversified its product offerings and is focusing on online sales, achieving a Value Score of A and Zacks Rank 1 [9] 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 [4] - Companies should also have a debt-to-equity ratio below the industry median and a current price of at least $5, with a Zacks Rank of 1 or 2 to ensure strong performance [4]

Barrett Business Services, Inc. (NASDAQ:BBSI) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Gary Kramer - President and Chief Executive Officer Anthony Harris - Chief Financial Officer Conference Call Participants Jeff Martin - Roth Capital Partners Chris Moore - CJS Securities Vincent Colicchio - Barrington Research Operator Good afternoon, everyone, and thank you for participating in today's Conference Call to discuss BBSI's Financial Results for the First Quarter ended Marc ...

For the quarter ended March 2024, Barrett Business Services (BBSI) reported revenue of $1.91 billion, up 6.6% over the same period last year. EPS came in at -$0.02, compared to $0.12 in the year-ago quarter.The reported revenue represents a surprise of +1.62% over the Zacks Consensus Estimate of $1.88 billion. With the consensus EPS estimate being -$0.31, the EPS surprise was +93.55%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...