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 |
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- Revenues up 10% to $292.6 Million with Gross Billings up 9% to $2.09 Billion - VANCOUVER, Wash., May 07, 2025 (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, 2025. 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"). First Quarter 2025 Financial Summary vs. Year-Ago Quarter Revenues up 10% to $292.6 million.Gross billings up 9% to $2.09 billion.Aver
VANCOUVER, Wash., April 23, 2025 (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, May 7, 2025, 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, 2025. 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 7, 2025Time: 5:00 p.m. Eastern time (2
NEW YORK, April 23, 2025 /PRNewswire/ - According to a comprehensive new report from The Insight Partners, the global Applicant Tracking System (ATS) market is observing healthy growth owing to the rising recruitment volume across the globe. The report runs an in-depth analysis of market trends, key players, and future opportunities. Several key factors drive the Applicant Tracking System (ATS) market. As organizations scale operations and expand geographically, the need to manage high volumes of job applications efficiently is pushing adoption of ATS platforms. To explore the valuable insights in the Applicant Tracking System (ATS) Market report, you can easily download a sample PDF of the
VANCOUVER, Wash., April 07, 2025 (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., has appointed Mark S. Finn to its board of directors, effective April 7, 2025. Finn spent over 30 years with T. Rowe Price Group (NASDAQ:TROW), a global investment management firm, where he held several roles, including portfolio manager of the firm's $35 billion US Value Equity Strategy Fund and co-portfolio manager of its $3.5 billion US Large-Cap Value Equity Strategy Fund. Before T. Rowe Price, Finn worked in assurance services at Price Waterhouse & Co
VANCOUVER, Wash., April 02, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, today announced the appointment of Thomas McGinn as Senior Vice President of Insurance. In this role, Mr. McGinn will oversee BBSI's insurance operations, including underwriting strategy, risk management, and pricing. He will report directly to BBSI's Chief Executive Officer, Gary Kramer. "This is a critical leadership role at BBSI, and Tom's deep expertise in the insurance industry makes him an outstanding fit for this position," said Gary Kramer, CEO of BBSI. "His extensive background in underwriting, risk management, and client
- Fourth Quarter Revenues up 10% to $304.8 Million With Net Income up 15% to $16.8 Million, or $0.63 per Diluted Share - VANCOUVER, Wash., Feb. 26, 2025 (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, 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"). Fourth Quarter 2024 Financial Summary vs. Year-ago Quarter Revenues up 10% to $304.
VANCOUVER, Wash., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, is proud to announce the launch of BBSI Applicant Tracking System (ATS), a cutting-edge tool designed to simplify and enhance the hiring process for businesses of all sizes. In today's competitive job market, finding and hiring top talent can be a time-consuming challenge. BBSI's ATS changes the game by offering an intuitive, end-to-end solution that helps businesses attract, manage, and onboard new employees efficiently. With BBSI's ATS, businesses can: Create Job Postings: Easily craft compelling job descriptions and post them o
VANCOUVER, Wash., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, February 26, 2025, 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, 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, February 26, 2025Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number:
VANCOUVER, Wash., Jan. 07, 2025 (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 proud to announce that for the 4th year in a row, they are Certified™ by Great Place To Work®. This prestigious award is based entirely on what current employees say about their experience working at BBSI. "We are thrilled to become Great Place To Work Certified for a fourth year in a row, proving once again that our people are our greatest resource," said BBSI President and CEO Gary Kramer. "We continuously strive to remain an employer of choice and owe
VANCOUVER, Wash., Dec. 17, 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 announcing the establishment of a vice chairman role on its board of directors and appointing current board member Joseph S. Clabby to the new role. "On behalf of the board, we congratulate Joe Clabby on his appointment," said Tony Meeker, BBSI's chairman of the board. "Consistent with our board development and succession planning process, we are pleased to name Joe to this position. During his time on our board, Joe has contributed tremendously to BBSI'
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
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VANCOUVER, Wash., April 07, 2025 (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., has appointed Mark S. Finn to its board of directors, effective April 7, 2025. Finn spent over 30 years with T. Rowe Price Group (NASDAQ:TROW), a global investment management firm, where he held several roles, including portfolio manager of the firm's $35 billion US Value Equity Strategy Fund and co-portfolio manager of its $3.5 billion US Large-Cap Value Equity Strategy Fund. Before T. Rowe Price, Finn worked in assurance services at Price Waterhouse & Co
VANCOUVER, Wash., April 02, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, today announced the appointment of Thomas McGinn as Senior Vice President of Insurance. In this role, Mr. McGinn will oversee BBSI's insurance operations, including underwriting strategy, risk management, and pricing. He will report directly to BBSI's Chief Executive Officer, Gary Kramer. "This is a critical leadership role at BBSI, and Tom's deep expertise in the insurance industry makes him an outstanding fit for this position," said Gary Kramer, CEO of BBSI. "His extensive background in underwriting, risk management, and client
VANCOUVER, Wash., Dec. 17, 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 announcing the establishment of a vice chairman role on its board of directors and appointing current board member Joseph S. Clabby to the new role. "On behalf of the board, we congratulate Joe Clabby on his appointment," said Tony Meeker, BBSI's chairman of the board. "Consistent with our board development and succession planning process, we are pleased to name Joe to this position. During his time on our board, Joe has contributed tremendously to BBSI'
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
- Revenues up 10% to $292.6 Million with Gross Billings up 9% to $2.09 Billion - VANCOUVER, Wash., May 07, 2025 (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, 2025. 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"). First Quarter 2025 Financial Summary vs. Year-Ago Quarter Revenues up 10% to $292.6 million.Gross billings up 9% to $2.09 billion.Aver
VANCOUVER, Wash., April 23, 2025 (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, May 7, 2025, 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, 2025. 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 7, 2025Time: 5:00 p.m. Eastern time (2
- Fourth Quarter Revenues up 10% to $304.8 Million With Net Income up 15% to $16.8 Million, or $0.63 per Diluted Share - VANCOUVER, Wash., Feb. 26, 2025 (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, 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"). Fourth Quarter 2024 Financial Summary vs. Year-ago Quarter Revenues up 10% to $304.
VANCOUVER, Wash., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, February 26, 2025, 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, 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, February 26, 2025Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number:
- 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