Is Barrett (BBSI) a Solid Growth Stock? 3 Reasons to Think "Yes"

Core Viewpoint - Investors are seeking growth stocks that demonstrate above-average growth potential, with Barrett Business Services (BBSI) being highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [1][6]. Earnings Growth - Barrett's historical EPS growth rate is 4.8%, but projected EPS growth for this year is 7.7%, significantly outperforming the industry average of 2.4% [3]. Asset Utilization Ratio - Barrett has an asset utilization ratio (sales-to-total-assets) of 1.52, indicating that the company generates $1.52 in sales for every dollar in assets, compared to the industry average of 1.17. Additionally, Barrett's sales are expected to grow by 7.1% this year, while the industry average is only 2.9% [4]. Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Barrett, with the Zacks Consensus Estimate for the current year increasing by 0.1% over the past month, which is correlated with potential near-term stock price movements [5]. Overall Positioning - Barrett has achieved a Growth Score of B and holds a Zacks Rank of 2 (Buy), positioning the company well for potential outperformance in the growth stock category [6][7].