BBSI Stock Earnings Estimates Decreased by Sidoti

Barrett Business Services, Inc. (NASDAQ:BBSI) – Equities researchers at Sidoti lowered their Q4 2026 earnings per share estimates for Barrett Business Services in a research report issued on Thursday, November 5th. Sidoti analyst M. Riddick now anticipates that the business services provider will post earnings of $0.53 per share for the quarter, down from their prior estimate of $0.55. The consensus estimate for Barrett Business Services’ current full-year earnings is $1.62 per share. Sidoti also issued estimates for Barrett Business Services’ Q2 2027 earnings at $0.64 EPS, Q3 2027 earnings at $0.72 EPS, Q1 2028 earnings at ($0.22) EPS, Q2 2028 earnings at $0.76 EPS and Q3 2028 earnings at $0.87 EPS.

Other research analysts also recently issued research reports about the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Barrett Business Services in a research report on Friday, October 9th. Roth Capital lowered shares of Barrett Business Services from a “buy” rating to a “neutral” rating and cut their target price for the stock from $42.00 to $38.00 in a research note on Thursday, August 6th. Zacks Research upgraded shares of Barrett Business Services from a “strong sell” rating to a “hold” rating in a report on Monday, October 5th. Barrington Research set a $44.00 price target on shares of Barrett Business Services in a research note on Thursday, August 6th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Barrett Business Services in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Barrett Business Services presently has a consensus rating of “Moderate Buy” and an average target price of $41.00.

Barrett Business Services Stock Up 3.6%

Shares of BBSI stock opened at $31.39 on Monday. The company has a market cap of $752.10 million, a price-to-earnings ratio of 17.62, a price-to-earnings-growth ratio of 1.25 and a beta of 0.93. Barrett Business Services has a 52 week low of $25.33 and a 52 week high of $42.25. The firm has a 50 day moving average of $32.27 and a 200-day moving average of $32.78.

Barrett Business Services (NASDAQ:BBSI) last issued its quarterly earnings results on Wednesday, November 4th. The business services provider reported $0.69 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.69. The firm had revenue of $334.06 million for the quarter, compared to analyst estimates of $335.89 million. Barrett Business Services had a return on equity of 19.94% and a net margin of 2.44%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BBSI. BlackRock Inc. purchased a new position in Barrett Business Services during the 2nd quarter worth $72,793,000. Polar Asset Management Partners Inc. bought a new stake in shares of Barrett Business Services in the 1st quarter worth $8,316,000. Bank of America Corp DE bought a new stake in shares of Barrett Business Services in the 2nd quarter worth $2,333,000. GSA Capital Partners LLP purchased a new stake in shares of Barrett Business Services in the second quarter valued at about $2,401,000. Finally, Corient Private Wealth LP purchased a new stake in shares of Barrett Business Services in the second quarter valued at about $1,265,000. 86.76% of the stock is currently owned by institutional investors and hedge funds.

Barrett Business Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 20th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, November 20th. Barrett Business Services’s dividend payout ratio (DPR) is 25.40%.

About Barrett Business Services

Barrett Business Services, Inc. (NASDAQ: BBSI) provides outsourced business management and staffing solutions, primarily to small and midsize businesses. Its services are designed to help clients manage workforce needs and day-to-day employment responsibilities. Through its professional employer organization model, BBSI offers services that include payroll administration, human resources support, employee benefits, workers’ compensation, and workplace safety and risk management. The company also provides recruiting and staffing services to help businesses find and place employees.