Barrett Business Services(BBSI)
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5 Low Price-to-Sales Stocks to Make a Profitable Portfolio
zacks.com· 2024-05-22 14:31
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]
3 Outsourcing Stocks to Buy Amid Industry Woes
Zacks Investment Research· 2024-05-14 18:35
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 ...
Despite Fast-paced Momentum, Barrett (BBSI) Is Still a Bargain Stock
Zacks Investment Research· 2024-05-07 13:51
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 ...
5 Low Price-to-Sales Stocks to Replenish Your Portfolio
Zacks Investment Research· 2024-05-06 12:26
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(BBSI) - 2024 Q1 - Earnings Call Transcript
2024-05-04 14:41
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 ...
Barrett (BBSI) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-02 00:36
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 ...
Barrett Business Services (BBSI) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-01 23:01
Core Insights - Barrett Business Services (BBSI) reported a quarterly loss of $0.02 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.31, and compared to earnings of $0.12 per share a year ago, indicating a 93.55% earnings surprise [1] - The company achieved revenues of $1.91 billion for the quarter ended March 2024, exceeding the Zacks Consensus Estimate by 1.62% and showing an increase from $1.79 billion year-over-year [1] Financial Performance - Over the last four quarters, Barrett has consistently surpassed consensus EPS estimates, achieving this four times [1] - The company has also topped consensus revenue estimates two times in the last four quarters [1] Stock Performance and Outlook - Barrett shares have increased approximately 4.9% since the beginning of the year, while the S&P 500 has gained 5.6% [2] - The current consensus EPS estimate for the upcoming quarter is $2.33, with expected revenues of $2.03 billion, and for the current fiscal year, the EPS estimate is $7.78 on revenues of $8.24 billion [4] Industry Context - The Outsourcing industry, to which Barrett belongs, is currently ranked in the bottom 27% of over 250 Zacks industries, indicating potential challenges ahead [4] - Genpact, another company in the same industry, is expected to report its quarterly results on May 9, with an anticipated EPS of $0.69, reflecting a year-over-year change of +1.5% [5]
Barrett Business Services(BBSI) - 2024 Q1 - Quarterly Report
2024-05-01 21:37
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number 0-21886 BARRETT BUSINESS SERVICES, INC. (Exact name of registrant as specified in its charter) Maryland 52-0812977 (State or other jurisdiction of ...
Barrett Business Services(BBSI) - 2024 Q1 - Quarterly Results
2024-05-01 20:09
EXHIBIT 99.1 BBSI Reports Strong First Quarter 2024 Financial Results - Revenues of $265.8 Million with Gross Billings up 7% - VANCOUVER, Washington, May 1, 2024 – Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ: BBSI), a leading provider of business management solutions, reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Summary vs. Year-Ago Quarter • Revenues up 4% to $265.8 million. • Gross billings up 7% to $1.91 billion. • Average works ...
Should Value Investors Buy Barrett Business Services (BBSI) Stock?
Zacks Investment Research· 2024-04-18 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the ...