BBSI - Barrett Business Services Inc Stock Price, Fair Value and News

121.47USD-1.64 (-1.33%)Market Closed

Market Summary

USD121.47-1.64

Market Closed

-1.33%

BBSI Stock Price

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BBSI RSI Chart

BBSI Valuation

Market Cap

809.0M

Price/Earnings (Trailing)

15.98

Price/Sales (Trailing)

0.76

EV/EBITDA

9.67

Price/Free Cashflow

12.03

BBSI Price/Sales (Trailing)

BBSI Profitability

Operating Margin

27.98%

EBT Margin

6.45%

Return on Equity

25.42%

Return on Assets

7.01%

Free Cashflow Yield

8.31%

BBSI Fundamentals

BBSI Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

1.74%

Rev. Growth (Qtr)

1.23%

BBSI Earnings

Earnings (TTM)

50.6M

Earnings Growth (Yr)

26.28%

Earnings Growth (Qtr)

-20.09%

Breaking Down BBSI Revenue

Last 7 days

1.5%

Last 30 days

-2.0%

Last 90 days

8.3%

Trailing 12 Months

49.9%

How does BBSI drawdown profile look like?

BBSI Financial Health

Current Ratio

1.3

Debt/Equity

0.02

Debt/Cashflow

19.78

BBSI Investor Care

Dividend Yield

0.97%

Dividend/Share (TTM)

1.2

Buy Backs (1Y)

4.44%

Diluted EPS (TTM)

7.41

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	1.1B	1.1B	1.1B	1.1B
2022	983.1M	1.0B	1.0B	1.1B
2021	880.2M	912.3M	931.8M	955.2M
2020	943.2M	913.2M	892.8M	880.8M
2019	934.9M	934.3M	935.0M	942.3M
2018	934.4M	940.4M	947.6M	940.7M
2017	859.6M	881.8M	896.8M	920.4M
2016	765.4M	786.9M	813.2M	840.6M
2015	666.6M	697.7M	721.6M	740.8M
2014	561.1M	582.2M	607.2M	636.4M
2013	432.2M	466.5M	505.3M	537.0M
2012	328.5M	348.0M	373.7M	402.7M
2011	283.6M	292.2M	303.7M	314.9M
2010	0	248.7M	260.9M	273.1M
2009	0	0	0	236.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Barrett Business Services Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 26, 2024	kramer gary	sold (taxes)	-642,162	115	-5,544	president & ceo
Feb 26, 2024	harris anthony j	sold (taxes)	-163,552	115	-1,412	executive vp & cfo
Feb 26, 2024	blotz gerald	acquired	-	-	3,755	executive vp & coo
Feb 26, 2024	potts james r	sold (taxes)	-143,398	115	-1,238	evp gen counsel & secretary
Feb 26, 2024	potts james r	acquired	-	-	3,003	evp gen counsel & secretary
Feb 26, 2024	kramer gary	acquired	-	-	14,048	president & ceo
Feb 26, 2024	blotz gerald	sold (taxes)	-178,262	115	-1,539	executive vp & coo
Feb 26, 2024	harris anthony j	acquired	-	-	3,465	executive vp & cfo
Jan 02, 2024	blotz gerald	sold (taxes)	-4,025	115	-35.00	executive vp & coo
Jan 02, 2024	kramer gary	sold (taxes)	-4,140	115	-36.00	president & ceo

Which funds bought or sold BBSI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Polaris Capital Management, LLC	unchanged	-	251,160	2,914,560	0.14%
Apr 24, 2024	Simplicity Wealth,LLC	new	-	491,927	491,927	0.01%
Apr 24, 2024	Assenagon Asset Management S.A.	added	121	3,415,110	5,813,790	0.01%
Apr 23, 2024	AMALGAMATED BANK	reduced	-75.11	-79,000	30,000	-%
Apr 22, 2024	Lakewood Asset Management LLC	unchanged	-	25,979	301,467	0.20%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	91,760	415,722	-%
Apr 18, 2024	Penbrook Management LLC	reduced	-16.98	-56,172	557,568	0.35%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	29.34	482,816	1,645,330	-%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	reduced	-14.48	-25,503	371,923	0.01%
Apr 15, 2024	Legato Capital Management LLC	unchanged	-	42,424	492,307	0.06%

Are Funds Buying or Selling BBSI?

Are funds buying BBSI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BBSI

No. of Funds

Unveiling Barrett Business Services Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.81%	384,711	SC 13G/A
Feb 12, 2024	american century investment management inc	2.19%	145,000	SC 13G/A
Feb 05, 2024	private capital management, llc	5.24%	346,448	SC 13G
Jan 26, 2024	blackrock inc.	7.9%	523,689	SC 13G/A
Feb 13, 2023	capital world investors	0.0%	0	SC 13G/A
Feb 09, 2023	vanguard group inc	5.24%	364,713	SC 13G
Feb 08, 2023	american century investment management inc	4.39%	305,683	SC 13G/A
Jan 31, 2023	blackrock inc.	7.2%	499,885	SC 13G/A
Feb 11, 2022	capital world investors	5.9%	442,000	SC 13G/A
Feb 04, 2022	american century investment management inc	5.13%	385,000	SC 13G/A

Recent SEC filings of Barrett Business Services Inc

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	DEFA14A	DEFA14A
Apr 22, 2024	DEF 14A	DEF 14A
Apr 22, 2024	ARS	ARS
Apr 10, 2024	PRE 14A	PRE 14A
Apr 10, 2024	8-K	Current Report
Mar 01, 2024	10-K	Annual Report
Feb 28, 2024	8-K	Current Report
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading

Peers (Alternatives to Barrett Business Services Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	101.2B	18.6B	0.54%	16.87%	28.45	5.45	7.76%	13.08%
CTAS	67.5B	9.4B	4.99%	51.27%	44.88	7.17	9.34%	15.98%
CPRT	53.1B	4.1B	-3.43%	43.35%	39.17	13.09	10.52%	25.37%
EFX	28.0B	5.4B	-13.11%	13.93%	50.15	5.23	5.76%	-4.95%
BAH	18.9B	10.3B	-1.11%	54.68%	46.13	1.83	13.90%	-5.05%
ALLE	10.9B	3.6B	-6.38%	16.13%	20.25	3.02	4.33%	10.65%
MID-CAP
RHI	7.4B	6.4B	-8.82%	-0.04%	18.07	1.16	-11.68%	-37.51%
AL	5.7B	2.7B	2.50%	33.81%	9.31	2.13	15.87%	733.47%
SRCL	4.6B	2.6B	-11.83%	10.13%	-237.52	1.75	-3.11%	-123.81%
ABM	2.8B	8.2B	1.37%	8.46%	10.9	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	-4.31%	99.08%	21.53	0.69	104.63%	175.67%
ALTG	375.3M	1.9B	-10.76%	-16.91%	42.17	0.2	19.40%	-4.30%
ARC	117.2M	281.2M	-0.36%	-8.97%	14.23	0.42	-1.68%	-25.77%
AQMS	57.1M	1.1M	-5.66%	-56.14%	-2.39	49.78	336.95%	-55.13%
AWX	8.6M	80.5M	-2.22%	-18.12%	-4.77	0.11	-0.82%	-207.00%

Barrett Business Services Inc News

Latest updates

Barrett Business Services Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	1.2%	277	273	265	255	272	274	262	246	257	247	233	218	233	228	201	219	245	248	231	218	238
Gross Profit	-4.0%	66.00	68.00	67.00	42.00	61.00	67.00	67.00	40.00	56.00	60.00	57.00	31.00	51.00	59.00	47.00	26.00	54.00	71.00	55.00	28.00	62.00
S&GA Expenses	3.2%	46.00	44.00	44.00	41.00	44.00	43.00	42.00	40.00	41.00	41.00	36.00	37.00	41.00	36.00	33.00	32.00	40.00	41.00	39.00	33.00	44.00
EBITDA Margin	4.3%	0.07*	0.07*	0.07*	0.07*	0.07*	0.07*	0.06*	0.06*	0.06*	0.06*	0.06*	0.05*	-	-	-	-	-	-	-	-	-
Interest Expenses	-40.0%	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	-0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income Taxes	-20.2%	5.00	6.00	7.00	0.00	5.00	6.00	7.00	0.00	4.00	5.00	5.00	-1.51	2.00	5.00	2.00	-0.92	4.00	6.00	4.00	-0.87	3.00
Earnings Before Taxes	-20.1%	20.00	25.00	24.00	1.00	16.00	24.00	25.00	0.00	15.00	20.00	22.00	-6.07	9.00	24.00	14.00	-4.33	15.00	31.00	18.00	-3.17	19.00
EBT Margin	4.5%	0.06*	0.06*	0.06*	0.06*	0.06*	0.06*	0.06*	0.06*	0.05*	0.05*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Net Income	-20.1%	15.00	18.00	17.00	1.00	12.00	17.00	18.00	0.00	11.00	15.00	17.00	-4.55	7.00	19.00	12.00	-3.41	12.00	25.00	14.00	-2.30	17.00
Net Income Margin	5.9%	0.05*	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	72.4%	57.00	33.00	1.00	-29.06	28.00	32.00	-9.75	-32.75	42.00	-65.47	8.00	-10.43	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	4.6%	722	690	672	676	687	697	756	785	747	809	866	843	775	823	772	860	861	870	834	818	756
Current Assets	4.7%	448	427	418	450	454	461	511	516	407	463	462	472	408	466	422	398	424	448	388	337	322
Cash Equivalents	71.2%	71.00	42.00	48.00	53.00	91.00	59.00	34.00	46.00	69.00	13.00	2.00	29.00	69.00	61.00	62.00	14.00	45.00	35.00	24.00	38.00	35.00
Net PPE	3.3%	50.00	49.00	48.00	47.00	46.00	43.00	42.00	42.00	36.00	36.00	36.00	35.00	35.00	35.00	35.00	34.00	32.00	30.00	28.00	26.00	25.00
Goodwill	0%	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00
Liabilities	2.5%	522	510	494	503	509	526	582	599	538	601	667	658	577	626	592	698	689	710	697	698	637
Current Liabilities	0.6%	343	341	336	338	335	342	390	392	315	357	407	370	291	346	316	343	342	368	348	360	327
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	3.00	3.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	3.00	3.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Shareholder's Equity	10.4%	199	180	178	173	178	171	174	186	209	208	199	184	198	197	180	161	172	160	137	120	119
Retained Earnings	4.4%	183	175	169	164	173	171	165	168	178	176	167	156	166	166	149	140	149	139	116	104	109
Additional Paid-In Capital	6.0%	37.00	35.00	35.00	34.00	33.00	31.00	31.00	31.00	29.00	28.00	27.00	26.00	25.00	24.00	23.00	21.00	20.00	18.00	19.00	17.00	15.00
Shares Outstanding	-0.7%	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	8.00	8.00	8.00	8.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	570	-	-	-	503	-	-	-	535	-	-	-	397	-	-	-	586	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	72.4%	57,223	33,196	3,318	-26,515	30,837	34,357	-7,207	-30,209	44,845	-62,925	10,505	-7,884	50,946	35,528	-115,430	1,041	19,612	18,660	8,093	30,772	22,882
Share Based Compensation	14.1%	2,438	2,136	1,963	1,928	1,901	1,893	1,766	1,830	1,492	1,479	1,335	1,060	1,152	1,145	797	342	1,672	1,673	2,441	1,387	1,510
Cashflow From Investing	-236.6%	-37,640	-11,184	-4,322	-2,041	18,682	3,089	18,878	20,505	20,445	78,231	-87,193	-124,346	1,963	195	-5,235	7,218	20,239	4,536	14,493	27,045	14,347
Cashflow From Financing	49.3%	-7,178	-14,171	-12,460	-10,763	-10,159	-13,566	-22,370	-14,088	-8,879	-7,251	-5,695	-5,061	-7,350	-2,975	-627	-4,778	-2,013	-4,982	-1,853	-1,963	-1,651
Dividend Payments	-2.0%	1,984	2,025	2,013	2,067	1,972	2,128	2,195	2,229	2,251	2,269	2,271	2,278	2,295	2,292	2,272	2,262	2,254	2,249	1,853	1,852	1,849
Buy Backs	-53.3%	5,100	10,917	10,145	8,030	8,116	10,560	19,917	8,575	6,525	4,197	3,142	3,436	5,069	-	-	2,987	-	-	-	-	-

BBSI Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Total revenues	$ 1,069,307	$ 1,054,326	$ 955,166
Cost of revenues:
Total cost of revenues	826,775	819,481	750,658
Gross margin	242,532	234,845	204,508
Selling, general and administrative expenses	174,772	169,642	155,259
Depreciation and amortization	7,110	6,228	5,326
Income from operations	60,650	58,975	43,923
Other income (expense):
Investment income, net	8,643	6,476	7,215
Interest expense	(166)	(141)	(372)
Other, net	(139)	(7)	(105)
Other income, net	8,338	6,328	6,738
Income before income taxes	68,988	65,303	50,661
Provision for income taxes	18,376	18,035	12,582
Net income	$ 50,612	$ 47,268	$ 38,079
Basic income per common share	$ 7.52	$ 6.63	$ 5.05
Weighted average number of basic common shares outstanding	6,731	7,130	7,540
Diluted income per common share	$ 7.39	$ 6.54	$ 5
Weighted average number of diluted common shares outstanding	6,849	7,226	7,621
Professional Employer Services [Member]
Revenues:
Total revenues	$ 982,268	$ 937,363	$ 843,815
Staffing Services [Member]
Revenues:
Total revenues	87,039	116,963	111,351
Direct Payroll Costs [Member]
Cost of revenues:
Total cost of revenues	65,042	87,944	83,821
Payroll Taxes and Benefits [Member]
Cost of revenues:
Total cost of revenues	555,758	522,392	469,888
Workers' Compensation [Member]
Cost of revenues:
Total cost of revenues	$ 205,975	$ 209,145	$ 196,949

BBSI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 71,168	$ 91,423
Investments	81,027	68,325
Trade accounts receivable, net	171,407	163,838
Income taxes receivable	7,987
Prepaid expenses and other	18,443	19,787
Restricted cash and investments	97,470	110,989
Total current assets	447,502	454,362
Property, equipment and software, net	50,295	45,954
Operating lease right-of-use assets	19,898	19,804
Restricted cash and investments	145,583	104,277
Goodwill	47,820	47,820
Other assets	6,222	3,281
Deferred income taxes	4,218	11,440
Total assets	721,538	686,938
Current liabilities:
Accounts payable	6,593	8,264
Accrued payroll, payroll taxes and related benefits	234,080	222,331
Income taxes payable		610
Current operating lease liabilities	6,623	6,957
Current premium payable	35,276	18,920
Other accrued liabilities	9,412	12,683
Workers' compensation claims liabilities	50,006	62,917
Safety incentives liability	1,262	2,049
Total current liabilities	343,252	334,731
Long-term workers' compensation claims liabilities	117,757	153,070
Long term premium payable	37,812
Long-term operating lease liabilities	14,590	14,225
Customer deposits and other long-term liabilities	8,987	7,070
Total liabilities	522,398	509,096
Commitments and contingencies (Notes 5, 7 and 11)
Stockholders' equity:
Common stock, $.01 par value; 20,500 shares authorized, 6,572 and 6,871 shares issued and outstanding in 2023 and 2022, respectively	66	69
Additional paid-in capital	36,940	32,744
Accumulated other comprehensive loss	(20,801)	(27,594)
Retained earnings	182,935	172,623
Total stockholders' equity	199,140	177,842
Total liabilities and stockholders' equity	$ 721,538	$ 686,938

About Barrett Business Services Inc

Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. It offers professional employer services under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers compensation coverage, and other administration functions for the client's existing workforce. The company also provides staffing and recruiting services, such as on-demand or short-term staffing assignment, contract staffing, direct placement, and long-term or indefinite-term on-site management services. It serves electronics manufacturers, light-manufacturing industries, agriculture-based companies, transportation and shipping enterprises, food processors, telecommunications companies, public utilities, general contractors in various construction-related fields, restaurant franchises, and professional services firms. Barrett Business Services, Inc. was incorporated in 1965 and is headquartered in Vancouver, Washington.

CEO	Mr. Gary Edward Kramer
WEBSITE	bbsi.com
INDUSTRY	Information Technology Services
EMPLOYEES	65535

Barrett Business Services Inc Frequently Asked Questions

What is the ticker symbol for Barrett Business Services Inc? What does BBSI stand for in stocks?

BBSI is the stock ticker symbol of Barrett Business Services Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Barrett Business Services Inc (BBSI)?

As of Thu Apr 25 2024, market cap of Barrett Business Services Inc is 809 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BBSI stock?

You can check BBSI's fair value in chart for subscribers.

What is the fair value of BBSI stock?

You can check BBSI's fair value in chart for subscribers. The fair value of Barrett Business Services Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Barrett Business Services Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BBSI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Barrett Business Services Inc a good stock to buy?

The fair value guage provides a quick view whether BBSI is over valued or under valued. Whether Barrett Business Services Inc is cheap or expensive depends on the assumptions which impact Barrett Business Services Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BBSI.

What is Barrett Business Services Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, BBSI's PE ratio (Price to Earnings) is 15.98 and Price to Sales (PS) ratio is 0.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BBSI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Barrett Business Services Inc's stock?

In the past 10 years, Barrett Business Services Inc has provided 0.105 (multiply by 100 for percentage) rate of return.