Barrett Business Services (BBSI) Getting Somewhat Favorable Press Coverage, Analysis Shows
Press coverage about Barrett Business Services (NASDAQ:BBSI) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Barrett Business Services earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.2133116218466 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Several research firms recently weighed in on BBSI. ValuEngine raised Barrett Business Services from a “hold” rating to a “buy” rating in a report on Friday, September 1st. TheStreet raised Barrett Business Services from a “c” rating to a “b-” rating in a report on Wednesday, August 9th. Finally, BidaskClub downgraded Barrett Business Services from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 2nd.
Shares of Barrett Business Services (NASDAQ:BBSI) traded up 0.44% on Wednesday, reaching $52.72. The company’s stock had a trading volume of 40,114 shares. The firm has a market cap of $384.59 million, a price-to-earnings ratio of 21.23 and a beta of 1.37. Barrett Business Services has a 12 month low of $41.99 and a 12 month high of $66.93. The stock has a 50 day moving average of $52.85 and a 200-day moving average of $56.05.
Barrett Business Services (NASDAQ:BBSI) last posted its earnings results on Tuesday, August 8th. The business services provider reported $1.47 earnings per share for the quarter. The company had revenue of $1.30 billion during the quarter. Barrett Business Services had a net margin of 2.06% and a return on equity of 33.55%. On average, analysts anticipate that Barrett Business Services will post $3.43 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 25th will be issued a dividend of $0.25 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.90%. Barrett Business Services’s dividend payout ratio is currently 42.02%.
In other news, Director Anthony Meeker sold 1,000 shares of the stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $58.11, for a total transaction of $58,110.00. Following the completion of the sale, the director now directly owns 11,473 shares in the company, valued at $666,696.03. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 6.30% of the company’s stock.
TRADEMARK VIOLATION NOTICE: “Barrett Business Services (BBSI) Getting Somewhat Favorable Press Coverage, Analysis Shows” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/09/06/barrett-business-services-bbsi-getting-somewhat-favorable-press-coverage-analysis-shows.html.
About Barrett Business Services
Barrett Business Services, Inc (BBSI) is a provider of business management solutions for small and mid-sized companies. The Company has developed a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.
Receive News & Stock Ratings for Barrett Business Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barrett Business Services Inc. and related stocks with our FREE daily email newsletter.