Barrett Business Services(BBSI)
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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 ...
BBSI Sets First Quarter 2024 Conference Call for Wednesday, May 1, 2024, at 5:00 p.m. ET
Newsfilter· 2024-04-17 12:00
VANCOUVER, Wash., April 17, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, May 1, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024. The company will report its financial results in a press release prior to the conference call. BBSI's CEO Gary Kramer and CFO Anthony Harris will host the conference ...
Grab These 4 Solid Net Profit Margin Stocks for Strong Returns
Zacks Investment Research· 2024-04-16 13:11
Investors eye businesses that generate profits on a regular basis. In order to gauge the extent of profits, there is no better metric than net profit margin.A higher net margin underlines a company’s efficiency in translating sales into actual profits. Moreover, this metric lends an insight into how well a company is run and the headwinds weighing on it. H&E Equipment Services, Inc. (HEES) , Barrett Business Services, Inc. (BBSI) , StoneX Group Inc. (SNEX) and Dycom Industries Inc. (DY) boast solid net prof ...
BBSI Announces Board Approval of Planned Four-For-One Stock Split, Pending Stockholder Approval of an Increase in Authorized Shares of Common Stock
Newsfilter· 2024-04-10 20:05
VANCOUVER, Wash., April 10, 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 approved a future four-for-one split of the Company's common stock in the form of a stock dividend. "We believe this stock split will improve the overall trading efficiency of our stock and make our shares more accessible to a wider range of potential shareholders," said Gary Kramer, ...