Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. It develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. The company 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. It 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. The company 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, and professional services firms. Barrett Business Services, Inc. was incorporated in 1965 and is headquartered in Vancouver, Washington.
IPO Year: 1993
Exchange: NASDAQ
Website: bbsi.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/5/2024 | $140.00 | Buy → Neutral | Sidoti |
| 6/14/2022 | $97.00 | Buy | Sidoti |
| 8/5/2021 | $88.00 → $98.00 | Buy | Roth Capital |
4 - BARRETT BUSINESS SERVICES INC (0000902791) (Issuer)
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4 - BARRETT BUSINESS SERVICES INC (0000902791) (Issuer)
4 - BARRETT BUSINESS SERVICES INC (0000902791) (Issuer)
4 - BARRETT BUSINESS SERVICES INC (0000902791) (Issuer)
4 - BARRETT BUSINESS SERVICES INC (0000902791) (Issuer)
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Sidoti downgraded Barrett Business from Buy to Neutral and set a new price target of $140.00
Sidoti resumed coverage of Barrett Business with a rating of Buy and set a new price target of $97.00
Roth Capital reiterated coverage of Barrett Business Services with a rating of Buy and set a new price target of $98.00 from $88.00 previously
Roth Capital reiterated coverage of Barrett Business Services with a rating of Buy and set a new price target of $88.00 from $84.00 previously
Barrington Research reiterated coverage of Barrett Business Services with a rating of Outperform and set a new price target of $86.00 from $78.00 previously
8-K - BARRETT BUSINESS SERVICES INC (0000902791) (Filer)
8-K - BARRETT BUSINESS SERVICES INC (0000902791) (Filer)
8-K - BARRETT BUSINESS SERVICES INC (0000902791) (Filer)
8-K - BARRETT BUSINESS SERVICES INC (0000902791) (Filer)
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DEF 14A - BARRETT BUSINESS SERVICES INC (0000902791) (Filer)
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PRE 14A - BARRETT BUSINESS SERVICES INC (0000902791) (Filer)
8-K - BARRETT BUSINESS SERVICES INC (0000902791) (Filer)
10-K - BARRETT BUSINESS SERVICES INC (0000902791) (Filer)
Sidoti & Co. analyst Marc Riddick downgrades Barrett Bus Servs (NASDAQ:BBSI) from Buy to Neutral and maintains the price target from $140 to $140.
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 declared a four-for-one split of the Company's common stock in the form of a stock dividend. Each stockholder of record on June 14, 2024, will receive a dividend of three additional shares of common stock for each share they hold, to be distributed on June 21, 2024. Trading will resume on a stock split-adjusted basis on June 24, 2024.The stock split is expected to improve the overall trading efficiency of BBSI's stock and make stock ownership more accessible to a broader range of investors.As of May 31, 2024, BBSI had 6,
Across the recent three months, 5 analysts have shared their insights on Barrett Bus Servs (NASDAQ:BBSI), expressing a variety of opinions spanning from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 5 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 0 0 0 2M Ago 0 2 0 0 0 3M Ago 0 1 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $141.0, along with a
Barrington Research analyst Vincent Colicchio maintains Barrett Bus Servs (NASDAQ:BBSI) with a Outperform and maintains $141 price target.
In the latest quarter, 4 analysts provided ratings for Barrett Bus Servs (NASDAQ:BBSI), showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 0 0 0 2M Ago 0 1 0 0 0 3M Ago 0 1 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $141.0, a high estimate of $141.00, and a l
Barrington Research analyst Vincent Colicchio maintains Barrett Bus Servs (NASDAQ:BBSI) with a Outperform and maintains $141 price target.
Barrett Bus Servs (NASDAQ:BBSI) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.35) by 94.29 percent. This is a 116.67 percent decrease over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $265.782 million which missed the analyst consensus estimate of $269.681 million by 1.45 percent. This is a 4.36 percent increase over sales of $254.667 million the same period last year.
Barrington Research analyst Vincent Colicchio maintains Barrett Bus Servs (NASDAQ:BBSI) with a Outperform and maintains $141 price target.
The planned stock split is subject to stockholder approval of an amendment to the Company's charter to increase the number of authorized shares of common stock from 20.50 million to 82 million. Following stockholder approval, the Company plans to announce the timing of the stock split and declare the stock dividend.
Barrington Research analyst Vincent Colicchio maintains Barrett Bus Servs (NASDAQ:BBSI) with a Outperform and maintains $141 price target.
- Q3 2024 Net income of $19.6 Million, or $0.74 per Diluted Share - VANCOUVER, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, reported financial results for the third quarter ended September 30, 2024. All share and per share amounts presented herein have been retroactively adjusted to reflect the impact of the four-for-one stock split that was distributed in the form of a stock dividend in June 2024 (the "Stock Split"). Third Quarter 2024 Financial Summary vs. Year-Ago Quarter Revenues up 8% to $294.3 million.Gross billings up 9% to $2.14 billion.Average worksite empl
VANCOUVER, Washington, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, November 6, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 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 call, followed by a question and answer period. Date: Wednesday, November 6, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-407-4
- Q2 2024 Net Income of $16.7 Million, or $0.62 per Diluted Share - - Raises Dividend by 7% to $0.08 per Share - VANCOUVER, Wash., July 31, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, reported financial results for the second quarter ended June 30, 2024. All share and per share amounts presented herein have been retroactively adjusted to reflect the impact of the four-for-one stock split that was distributed in the form of a stock dividend in June 2024 (the "Stock Split"). Second Quarter 2024 Financial Summary vs. Year-Ago Quarter Revenues up 6% to $279.7 million.Gross billings up
VANCOUVER, Wash., July 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, July 31, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 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 call, followed by a question and answer period. Date: Wednesday, July 31, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-407-4018Internationa
VANCOUVER, Wash., June 04, 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 declared a four-for-one split of the Company's common stock in the form of a stock dividend. Each stockholder of record on June 14, 2024, will receive a dividend of three additional shares of common stock for each share they hold, to be distributed on June 21, 2024. Trading will resume on a stock split-adjusted basis on June 24, 2024. The stock split is expected to improve the overall trading efficiency of BBSI's stock and make stock ownership more accessible to a b
- Revenues of $265.8 Million With Gross Billings up 7% - VANCOUVER, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- 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 worksite employees ("WSEs") up 3%.Net loss of $0.1 million, or $(0.02) per diluted share, compared to net income of $0.8 million, or $0.12 per diluted share. "We started the year on a strong note, with growth from net client adds driving gross billings
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 call, followed by a question and answer period. Date: Wednesday, May 1, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-407-4018International d
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, BBSI's CEO. "This split comes at a time when our stock is experiencing all-time highs due to our strength in earnings and improved market position." The planned stock split is subj
- Q4 2023 Net Income of $14.6 Million, or $2.16 per Diluted Share - - Full Year 2023 Net Income of $50.6 Million, or $7.39 per Diluted Share - VANCOUVER, Wash. , Feb. 28, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, reported financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Summary vs. Prior Year Quarter Revenues up 2% to $276.7 million.Gross billings up 5% to $2.05 billion.Average worksite employees ("WSEs") up 2%.Increase in net income to $14.6 million, or $2.16 per diluted share, compared to $11.5 million, or $1.64 per
VANCOUVER, Wash., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., will conduct a conference call on Wednesday, February 28, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2023. 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 call, followed by a question and answer period. Date: Wednesday, February 28, 2024Ti
VANCOUVER, Wash., Sept. 19, 2022 (GLOBE NEWSWIRE) -- The board of directors of Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, has appointed Joseph S. Clabby as a director effective September 16. His appointment expands the board to nine members. Mr. Clabby recently retired from Chubb Limited (NYSE:CB). He spent over twenty years with ACE Limited and then Chubb following its merger with ACE in a number of senior executive positions, including board roles at several affiliated companies. Prior to ACE and Chubb, Mr. Clabby held underwriting, broker and executive roles with leading insurance and reinsurance organizations including Al
Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, has appointed Rachael Stutzman as Senior Vice President of Sales and Marketing. She will be reporting to BBSI's Chief Operating Officer, Gerald Blotz. Rachael joined BBSI in 2014 as a Business Development Manager and after consistently ranking as a top Business Development Manager nationwide, she was promoted to Area Manager over two of BBSI's California branches. Before joining BBSI, Rachael was one of the owners of YourHealthCredit, a start-up company in the healthcare finance market. Prior to that Rachael was the Vice President of Sales for CareCredit, the most profitable consumer
VANCOUVER, Wash., April 09, 2021 (GLOBE NEWSWIRE) -- The board of directors of Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, has appointed technology and operations executive Carla A. Moradi as an independent director effective April 7th. Her appointment expands the board to nine members. Ms. Moradi currently serves as Senior Vice President of Go-To-Market Transformation for Anaplan (NYSE:PLAN). Prior to Anaplan, Ms. Moradi was Executive Vice President of Operations and Technology for HUB International and was Group Vice President and CIO for Walgreens Boots Alliance (NASDAQ:WBA). "We are very pleased that Carla has accepted ou
- Q3 2024 Net income of $19.6 Million, or $0.74 per Diluted Share - VANCOUVER, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, reported financial results for the third quarter ended September 30, 2024. All share and per share amounts presented herein have been retroactively adjusted to reflect the impact of the four-for-one stock split that was distributed in the form of a stock dividend in June 2024 (the "Stock Split"). Third Quarter 2024 Financial Summary vs. Year-Ago Quarter Revenues up 8% to $294.3 million.Gross billings up 9% to $2.14 billion.Average worksite empl
VANCOUVER, Washington, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, November 6, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 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 call, followed by a question and answer period. Date: Wednesday, November 6, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-407-4
VANCOUVER, Wash., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., is confirmed to attend the 2024 Annual Gateway Conference, which is being held September 4th and 5th at the Four Seasons Hotel in San Francisco, CA. BBSI executives will be available for one-on-one meetings throughout the conference. For additional information, to request an invitation, or to schedule a one-on-one meeting, please email [email protected]. About The Gateway Conference Set against the backdrop of the Four Seasons Hotel in San Franc
VANCOUVER, Wash., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., announced that it is now bringing its unique business management expertise to the Pocatello, Idaho market. "Our expansion in Idaho represents our continued commitment to supporting business owners nationwide by providing locally supported solutions and helping them unlock their full potential," said Gerald Blotz, BBSI's Chief Operating Officer. "We are excited to now have a physical location in the Pocatello and Chubbuck marketplace. We have continually be
- Q2 2024 Net Income of $16.7 Million, or $0.62 per Diluted Share - - Raises Dividend by 7% to $0.08 per Share - VANCOUVER, Wash., July 31, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, reported financial results for the second quarter ended June 30, 2024. All share and per share amounts presented herein have been retroactively adjusted to reflect the impact of the four-for-one stock split that was distributed in the form of a stock dividend in June 2024 (the "Stock Split"). Second Quarter 2024 Financial Summary vs. Year-Ago Quarter Revenues up 6% to $279.7 million.Gross billings up
VANCOUVER, Wash., July 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, July 31, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 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 call, followed by a question and answer period. Date: Wednesday, July 31, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-407-4018Internationa
NEWPORT BEACH, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the initial sponsor list and latest presenting companies for its annual Gateway Conference taking place at the Four Seasons Hotel in San Francisco on September 4th and 5th. Conference SponsorshipThe Gateway Conference is sponsored by leading firms servicing the financial community. The event provides a rich environment for business development and an effective marketing platform to reach key corporate decision makers. Sponsorships are currently available in the Gold, Silver, and Bronze levels. For additional inform
VANCOUVER, Wash., June 04, 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 declared a four-for-one split of the Company's common stock in the form of a stock dividend. Each stockholder of record on June 14, 2024, will receive a dividend of three additional shares of common stock for each share they hold, to be distributed on June 21, 2024. Trading will resume on a stock split-adjusted basis on June 24, 2024. The stock split is expected to improve the overall trading efficiency of BBSI's stock and make stock ownership more accessible to a b
VANCOUVER, Wash., May 30, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, has been invited to present at William Blair's 44th Annual Growth Stock Conference held from June 4-6, 2024 at the Loews Chicago Downtown Hotel. BBSI's CEO Gary Kramer and CFO Anthony Harris are expected to present at 10:00 a.m. CT (8:00 a.m. PT) on Tuesday, June 4. The conference will also feature one-on-one and small group meetings for investors with BBSI's management team. To receive additional information, request an invitation, or to schedule a one-on-one meeting, please contact your William Blair Growth Stock conference repres
NEWPORT BEACH, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the preliminary list of presenting companies for its annual Gateway Conference taking place at the Four Seasons Hotel in San Francisco on September 4th and 5th. Celebrating 25 years of connecting leading growth companies with global capital markets audiences, Gateway is bringing back its flagship conference in person for the first time since 2019. Over the past decade, the Gateway Conference has served as a vital platform for hundreds of companies, both public and private, across sectors such as technology, cleantech, cons