Trueblue Stock Today

TBI Stock  USD 7.14  0.11  1.56%   

Performance

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Odds Of Distress

Less than 10

 
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Low
TrueBlue is trading at 7.14 as of the 25th of November 2024. This is a 1.56 percent increase since the beginning of the trading day. The stock's open price was 7.03. TrueBlue has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for TrueBlue are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
13th of June 1996
Category
Industrials
TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, and Puerto Rico. TrueBlue, Inc. was incorporated in 1985 and is headquartered in Tacoma, Washington. Trueblue operates under Staffing Employment Services classification in the United States and is traded on New York Stock Exchange. The company has 29.56 M outstanding shares of which 889.55 K shares are at this time shorted by investors with about 5.21 days to cover. More on TrueBlue

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TrueBlue Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOA Beharelle
Business ConcentrationHuman Resource & Employment Services, Commercial & Professional Services, Industrials, NYSE Composite, Industrials, Professional Services, Staffing & Employment Services, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.862.44
Fairly Up
Very volatile
Gross Profit Margin0.250.24
Sufficiently Up
Slightly volatile
Total Current Liabilities139.2 M204.1 M
Way Down
Slightly volatile
Non Current Liabilities Total197.2 M237.4 M
Significantly Down
Pretty Stable
Total Assets681.8 M899.4 M
Way Down
Slightly volatile
Total Current Assets311.8 M355 M
Fairly Down
Slightly volatile
Debt Levels
TrueBlue can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TrueBlue's financial leverage. It provides some insight into what part of TrueBlue's total assets is financed by creditors.
Liquidity
TrueBlue has 61.34 M in debt with debt to equity (D/E) ratio of 0.13, which may show that the company is not taking advantage of profits from borrowing. TrueBlue has a current ratio of 1.79, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for TrueBlue to invest in growth at high rates of return.

Change In Working Capital

(4.32 Million)
TrueBlue (TBI) is traded on New York Stock Exchange in USA. It is located in 1015 A Street, Tacoma, WA, United States, 98402 and employs 5,000 people. TrueBlue is listed under Human Resource & Employment Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 211.05 M. TrueBlue runs under Professional Services sector within Industrials industry. The entity has 29.56 M outstanding shares of which 889.55 K shares are at this time shorted by investors with about 5.21 days to cover. TrueBlue has about 72.05 M in cash with 34.75 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.34.
Check TrueBlue Probability Of Bankruptcy
Ownership Allocation
The majority of TrueBlue outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in TrueBlue to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in TrueBlue. Please pay attention to any change in the institutional holdings of TrueBlue as this could imply that something significant has changed or is about to change at the company. Also note that roughly one million one hundred eighty-two thousand three hundred fifty-six invesors are currently shorting TrueBlue expressing very little confidence in its future performance.
Check TrueBlue Ownership Details

TrueBlue Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-06-30
663.9 K
Charles Schwab Investment Management Inc2024-09-30
622.2 K
American Century Companies Inc2024-09-30
573.9 K
Jpmorgan Chase & Co2024-06-30
570.9 K
Jacobs Levy Equity Management, Inc.2024-09-30
567.8 K
Millennium Management Llc2024-06-30
532 K
Morgan Stanley - Brokerage Accounts2024-06-30
531.6 K
Prudential Financial Inc2024-09-30
424 K
Ameriprise Financial Inc2024-06-30
387.5 K
Pzena Investment Management, Llc2024-09-30
2.8 M
Blackrock Inc2024-06-30
2.4 M
View TrueBlue Diagnostics

TrueBlue Historical Income Statement

As of now, TrueBlue's Total Other Income Expense Net is decreasing as compared to previous years. The TrueBlue's current Net Income Applicable To Common Shares is estimated to increase to about 75.2 M, while Depreciation And Amortization is projected to decrease to under 22.8 M. View More Fundamentals

TrueBlue Stock Against Markets

TrueBlue Corporate Directors

William GoingsIndependent DirectorProfile
Colleen BrownIndependent DirectorProfile
Kristi SavacoolIndependent DirectorProfile
Bonnie SoodikIndependent DirectorProfile
When determining whether TrueBlue offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TrueBlue's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trueblue Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trueblue Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueBlue. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.
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Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TrueBlue. If investors know TrueBlue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TrueBlue listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Earnings Share
(3.83)
Revenue Per Share
54.77
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.02)
The market value of TrueBlue is measured differently than its book value, which is the value of TrueBlue that is recorded on the company's balance sheet. Investors also form their own opinion of TrueBlue's value that differs from its market value or its book value, called intrinsic value, which is TrueBlue's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TrueBlue's market value can be influenced by many factors that don't directly affect TrueBlue's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TrueBlue's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueBlue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueBlue's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.