TBI - TrueBlue Inc Stock Price, Fair Value and News

10.38USD-0.20 (-1.89%)Market Closed

Market Summary

USD10.38-0.20

Market Closed

-1.89%

TBI Stock Price

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TBI RSI Chart

TBI Valuation

Market Cap

332.1M

Price/Earnings (Trailing)

-23.43

Price/Sales (Trailing)

0.17

EV/EBITDA

43.53

Price/Free Cashflow

95.48

TBI Price/Sales (Trailing)

TBI Profitability

EBT Margin

-1.08%

Return on Equity

-3.1%

Return on Assets

-1.58%

Free Cashflow Yield

1.05%

TBI Fundamentals

TBI Revenue

Revenue (TTM)

1.9B

Rev. Growth (Yr)

-11.75%

Rev. Growth (Qtr)

4.01%

TBI Earnings

Earnings (TTM)

-14.2M

Earnings Growth (Yr)

-136.21%

Earnings Growth (Qtr)

-25.4K%

Breaking Down TBI Revenue

52 Week Range

10.3819.06

(Low)(High)

Last 7 days

-11.5%

Last 30 days

-9.9%

Last 90 days

-23.3%

Trailing 12 Months

-42.9%

How does TBI drawdown profile look like?

TBI Financial Health

Current Ratio

1.74

Debt/Equity

0.01

Debt/Cashflow

8.69

TBI Investor Care

Buy Backs (1Y)

4.37%

Diluted EPS (TTM)

-0.45

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	2.2B	2.1B	2.0B	1.9B
2022	2.3B	2.3B	2.3B	2.3B
2021	1.8B	2.0B	2.1B	2.2B
2020	2.3B	2.1B	1.9B	1.8B
2019	2.5B	2.5B	2.4B	2.4B
2018	2.5B	2.5B	2.5B	2.5B
2017	2.7B	2.6B	2.6B	2.5B
2016	2.8B	2.8B	2.8B	2.8B
2015	2.4B	2.5B	2.6B	2.7B
2014	1.7B	1.7B	1.9B	2.2B
2013	1.4B	1.5B	1.6B	1.7B
2012	1.4B	1.4B	1.4B	1.4B
2011	1.2B	1.2B	1.3B	1.3B
2010	0	1.1B	1.1B	1.2B
2009	0	1.3B	1.1B	1.0B
2008	0	0	0	1.4B

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 TrueBlue Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	fitzsimmons-willis kristy a.	sold (taxes)	-16,813	12.07	-1,393	evp; president - peopleready
Apr 03, 2024	betori richard p.	sold (taxes)	-14,471	12.07	-1,199	evp; president - peoplescout
Feb 23, 2024	goings william c.	acquired	-	-	10,227	-
Feb 23, 2024	reitz paul g	acquired	-	-	9,521	-
Feb 23, 2024	kreidler robert c.	acquired	-	-	9,521	-
Feb 23, 2024	betori richard p.	acquired	-	-	21,661	evp; president - peoplescout
Feb 23, 2024	owen taryn r	acquired	-	-	90,978	ceo and president
Feb 23, 2024	savacool kristi a	acquired	-	-	10,050	-
Feb 23, 2024	jones kim harris	acquired	-	-	10,227	-
Feb 23, 2024	schweihs carl	acquired	-	-	33,941	evp and cfo

Which funds bought or sold TBI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 05, 2024	GAMMA Investing LLC	added	423	12,223	15,475	-%
Apr 05, 2024	FIRST HAWAIIAN BANK	unchanged	-	-99,191	440,378	0.01%
Apr 05, 2024	CWM, LLC	reduced	-97.83	-1,000	-	-%
Apr 03, 2024	Versant Capital Management, Inc	reduced	-8.79	-2,988	8,701	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	added	14.27	12,599	77,251	-%
Mar 11, 2024	VANGUARD GROUP INC	reduced	-25.12	-11,010,200	39,725,700	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	70.7	1,980,220	4,502,930	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.81	9,128	254,337	-%
Feb 26, 2024	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	unchanged	-	8,000	173,000	-%
Feb 20, 2024	Quarry LP	sold off	-100	-10,914	-	-%

Are Funds Buying or Selling TBI?

Are funds buying TBI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TBI

No. of Funds

Unveiling TrueBlue Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	blackrock inc.	8.4%	2,626,991	SC 13G/A
Feb 13, 2024	hotchkis & wiley capital management llc	2.6%	810,650	SC 13G/A
Feb 13, 2024	vanguard group inc	8.32%	2,589,679	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.6%	2,048,852	SC 13G/A
Feb 07, 2024	pzena investment management llc	9.9%	3,092,337	SC 13G
Jan 22, 2024	blackrock inc.	16.9%	5,270,012	SC 13G/A
Feb 14, 2023	hotchkis & wiley capital management llc	7.55%	2,468,970	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	7.8%	2,537,267	SC 13G/A
Feb 09, 2023	vanguard group inc	13.14%	4,299,287	SC 13G/A
Jan 23, 2023	pzena investment management llc	6.74%	2,205,832	SC 13G

Recent SEC filings of TrueBlue Inc

View All Filings

Date Filed	Form Type	Document
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	SC 13G/A	Major Ownership Report
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	DEFA14A	DEFA14A
Mar 01, 2024	ARS	ARS
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading

Peers (Alternatives to TrueBlue Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	100.3B	18.6B	0.88%	11.94%	28.2	5.4	7.76%	13.08%
CTAS	67.7B	9.4B	6.29%	44.34%	45	7.19	9.34%	15.98%
CPRT	52.3B	4.1B	-3.14%	40.45%	38.54	12.88	10.52%	25.37%
EFX	29.6B	5.3B	-5.69%	21.32%	54.23	5.62	2.79%	-21.68%
BAH	18.4B	10.3B	-1.86%	46.60%	45.04	1.79	13.90%	-5.05%
ALLE	11.1B	3.7B	-3.09%	21.00%	20.47	3.03	11.58%	17.98%
MID-CAP
RHI	7.4B	6.4B	-10.32%	-7.18%	18.09	1.16	-11.68%	-37.51%
AL	5.4B	2.7B	2.80%	21.67%	8.75	2	15.87%	733.47%
SRCL	4.5B	2.7B	-6.46%	13.98%	-212.6	1.7	-1.68%	-137.70%
ABM	2.8B	8.2B	4.63%	1.26%	10.88	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	1.5B	5.16%	94.65%	85.1	1.27	41.33%	169.51%
ALTG	385.8M	1.9B	6.43%	-17.24%	43.35	0.21	19.40%	-4.30%
ARC	114.2M	281.2M	0.75%	-13.03%	13.87	0.41	-1.68%	-25.77%
AQMS	57.1M	1.1M	4.08%	-56.78%	-2.39	49.78	336.95%	-55.13%
AWX	8.7M	80.5M	-7.50%	-18.83%	-4.87	0.11	-0.82%	-207.00%

TrueBlue Inc News

Latest updates

TrueBlue 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	4.0%	492	473	476	465	558	576	569	552	622	577	516	459	519	475	359	494	591	637	589	552	650
Gross Profit	3.3%	128	124	130	123	148	156	159	140	167	147	136	111	121	110	83.00	126	150	168	157	147	172
S&GA Expenses	7.7%	130	121	121	123	134	124	122	121	138	119	111	97.00	104	90.00	97.00	117	134	130	126	128	145
EBITDA Margin	-69.3%	0.00*	0.01*	0.02*	0.04*	0.05*	0.05*	0.05*	0.05*	0.05*	0.04*	0.04*	0.02*	-0.07*	-0.07*	-0.06*	-	-	-	-	-	-
Interest Expenses	15.7%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	2.00	0.00	1.00	1.00	1.00	1.00	1.00
Income Taxes	-108.6%	-4.85	-2.33	1.00	-0.64	-0.05	4.00	5.00	2.00	5.00	3.00	4.00	-0.11	3.00	4.00	-13.47	-24.75	1.00	3.00	2.00	1.00	3.00
Earnings Before Taxes	-216.9%	-7.40	-2.34	-5.98	-4.93	7.00	25.00	29.00	12.00	25.00	22.00	20.00	7.00	11.00	13.00	-21.64	-175	9.00	30.00	22.00	9.00	18.00
EBT Margin	-241.5%	-0.01*	0.00*	0.01*	0.03*	0.03*	0.04*	0.04*	0.04*	0.03*	0.03*	0.03*	0.00*	-0.09*	-0.09*	-0.08*	-	-	-	-	-	-
Net Income	-25410.0%	-2.55	-0.01	-7.32	-4.29	7.00	21.00	24.00	11.00	20.00	19.00	16.00	7.00	8.00	9.00	-8.17	-150	9.00	27.00	19.00	8.00	15.00
Net Income Margin	-220.3%	-0.01*	0.00*	0.01*	0.02*	0.03*	0.03*	0.03*	0.03*	0.03*	0.02*	0.02*	0.01*	-0.08*	-0.07*	-0.06*	-	-	-	-	-	-
Free Cashflow	181.0%	7.00	-8.65	4.00	1.00	32.00	18.00	18.00	21.00	14.00	-55.71	10.00	18.00	43.00	-9.32	71.00	-	-	-	-	-	-

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	-1.7%	899	915	925	957	1,019	983	991	981	1,033	1,010	1,018	979	981	908	903	1,135	1,136	1,131	1,095	1,100	1,115
Current Assets	-1.3%	355	360	354	371	430	409	406	398	445	418	433	384	379	351	360	593	422	426	392	386	430
Cash Equivalents	31.4%	62.00	47.00	50.00	47.00	72.00	112	90.00	94.00	103	106	160	141	119	76.00	142	320	92.00	75.00	72.00	81.00	102
Net PPE	2.0%	105	103	100	98.00	96.00	92.00	90.00	88.00	88.00	86.00	82.00	76.00	72.00	67.00	67.00	67.00	66.00	61.00	59.00	58.00	58.00
Goodwill	-0.8%	84.00	85.00	85.00	94.00	94.00	93.00	94.00	95.00	95.00	95.00	95.00	95.00	95.00	94.00	94.00	93.00	237	236	237	238	237
Liabilities	-3.7%	442	458	471	489	523	496	525	513	540	524	553	534	543	484	490	719	510	510	480	502	523
Current Liabilities	1.8%	204	201	199	215	243	223	233	226	259	239	275	258	269	202	220	187	231	226	213	215	226
Long Term Debt	-	-	-	-	-	-	-	-	4.00	-	-	-	-	-	2.00	18.00	294	37.00	44.00	25.00	42.00	80.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27.00	-	-	-	-	-	-
LT Debt, Non Current	-	-	-	-	-	-	-	-	4.00	-	-	-	-	-	2.00	18.00	-	37.00	-	-	42.00	80.00
Shareholder's Equity	0.3%	458	457	474	0.00	496	487	483	483	493	486	0.00	0.00	437	424	431	416	626	621	615	612	591
Retained Earnings	0.2%	479	478	474	488	516	507	483	483	509	501	480	460	452	442	-0.60	-0.60	-0.60	636	629	612	606
Shares Outstanding	0.4%	31.00	31.00	31.00	32.00	33.00	33.00	33.00	34.00	35.00	35.00	35.00	35.00	35.00	36.00	36.00	-	-	-	-	-	-
Float	-	-	-	500	-	-	-	600	-	-	-	1,000	-	-	-	-	-	-	-	800	-	500

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	1272.6%	15,185	-1,295	11,713	9,151	40,429	26,972	26,660	26,442	19,883	-46,805	19,479	27,883	53,763	-4,714	75,874	27,608	40,993	15,559	15,465	21,514	57,066
Share Based Compensation	-25.1%	3,688	4,925	2,664	2,630	2,012	3,188	675	3,812	3,794	3,233	3,573	3,343	2,351	2,417	2,837	1,508	1,650	2,859	1,654	3,606	4,324
Cashflow From Investing	59.2%	-5,766	-14,129	-4,051	-8,376	-17,007	-2,822	-1,371	255	-6,558	-5,375	-1,093	-3,194	-10,932	-17,412	-5,327	-740	-9,928	-9,009	-4,099	1,405	-3,148
Cashflow From Financing	75.4%	-254	-1,033	-9,471	-26,825	17.00	-27.00	-28,633	-36,049	-16,575	-215	58.00	-2,394	-1,523	-43,769	-249,285	202,075	-14,285	-3,203	-21,197	-44,230	-37,950
Buy Backs	100.0%	-	-22.00	9,482	24,718	-	-	24,613	36,326	16,678	-	-	-	-	-	-2.00	52,348	7,510	22,239	3,774	5,303	10,000

TBI Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS & COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 25, 2022	Dec. 26, 2021
Income Statement [Abstract]
Revenue from services	$ 1,906,243	$ 2,254,184	$ 2,173,622
Cost of services	1,400,184	1,652,040	1,613,302
Gross profit	506,059	602,144	560,320
Selling, general and administrative expense	494,603	500,686	464,322
Depreciation and amortization	25,821	29,273	27,556
Goodwill and intangible asset impairment charge	9,485	0	0
Income (loss) from operations	(23,850)	72,185	68,442
Interest and other income (expense), net	3,205	1,231	5,408
Income (loss) before tax expense (benefit)	(20,645)	73,416	73,850
Income tax expense (benefit)	(6,472)	11,143	12,216
Net income (loss)	$ (14,173)	$ 62,273	$ 61,634
Net income (loss) per common share:
Basic (in dollars per share)	$ (0.45)	$ 1.89	$ 1.77
Diluted (in dollars per share)	$ (0.45)	$ 1.86	$ 1.74
Weighted average shares outstanding:
Basic (in shares)	31,317	32,889	34,798
Diluted (in shares)	31,317	33,447	35,434
Other comprehensive income (loss):
Foreign currency translation adjustment	$ (694)	$ (4,271)	$ (919)
Total other comprehensive income (loss), net of tax	(694)	(4,271)	(919)
Comprehensive income (loss)	$ (14,867)	$ 58,002	$ 60,715

TBI Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 25, 2022
Current assets:
Cash and cash equivalents	$ 61,885	$ 72,054
Accounts receivable, net of allowance of $2,005 and $3,212	252,538	314,275
Prepaid expenses and other current assets	28,894	32,530
Income tax receivable	11,676	11,353
Total current assets	354,993	430,212
Property and equipment, net	104,906	95,823
Restricted cash and investments	192,985	213,734
Deferred income taxes, net	35,465	25,842
Goodwill	84,114	93,784
Intangible assets, net	10,525	16,205
Operating lease right-of-use assets, net	49,819	50,823
Workers’ compensation claims receivable, net	53,841	75,185
Other assets, net	12,735	17,800
Total assets	899,383	1,019,408
Current liabilities:
Accounts payable and other accrued expenses	56,401	76,644
Accrued wages and benefits	80,120	92,237
Income tax payable	439	1,137
Current portion of workers’ compensation claims reserve	44,866	50,005
Current operating lease liabilities	11,902	11,963
Other current liabilities	10,371	10,889
Total current liabilities	204,099	242,875
Workers’ compensation claims reserve, less current portion	151,649	201,005
Long-term deferred compensation liabilities	35,205	26,213
Long-term operating lease liabilities	49,434	50,601
Other long-term liabilities	1,123	2,399
Total liabilities	441,510	523,093
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $0.131 par value, 20,000,000 shares authorized; No shares issued and outstanding	0	0
Common stock, no par value, 100,000,000 shares authorized; 31,245,732 and 32,729,689 shares issued and outstanding	1	1
Accumulated other comprehensive loss	(20,712)	(20,018)
Retained earnings	478,584	516,332
Total shareholders’ equity	457,873	496,315
Total liabilities and shareholders’ equity	$ 899,383	$ 1,019,408

About TrueBlue Inc

TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company's PeopleReady segment provides general, industrial, and skilled trade staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries. Its PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes on-site management and recruitment for the contingent industrial workforce of manufacturing, warehouse, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The company's PeopleScout segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform which uses artificial intelligence and machine learning for real-time insights; and contingent labor programs including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company is headquartered in Tacoma, Washington.

CEO	Mr. Steven C. Cooper
WEBSITE	trueblue.com
INDUSTRY	Information Technology Services
EMPLOYEES	6500

TrueBlue Inc Frequently Asked Questions

What is the ticker symbol for TrueBlue Inc? What does TBI stand for in stocks?

TBI is the stock ticker symbol of TrueBlue Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of TrueBlue Inc (TBI)?

As of Tue Apr 16 2024, market cap of TrueBlue Inc is 332.08 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TBI stock?

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

What is the fair value of TBI stock?

You can check TBI's fair value in chart for subscribers. The fair value of TrueBlue 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 TrueBlue 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 TBI 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 TrueBlue Inc a good stock to buy?

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

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

As of Tue Apr 16 2024, TBI's PE ratio (Price to Earnings) is -23.43 and Price to Sales (PS) ratio is 0.17. 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. TBI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on TrueBlue Inc's stock?

In the past 10 years, TrueBlue Inc has provided -0.092 (multiply by 100 for percentage) rate of return.