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TrueBlue, Inc is a staffing & employment services business based in the US. TrueBlue shares (TBI) are listed on the NYSE and all prices are listed in US Dollars.
|52-week range||USD$12.02 - USD$22.24|
|50-day moving average||USD$19.8158|
|200-day moving average||USD$17.9505|
|Wall St. target price||USD$21.2|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$1.749|
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This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing TrueBlue stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TrueBlue's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
TrueBlue's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, TrueBlue shares trade at around 9x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
TrueBlue's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into TrueBlue's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
TrueBlue's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$32.3 million.
The EBITDA is a measure of a TrueBlue's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.8 billion|
|Operating margin TTM||0.02%|
|Gross profit TTM||USD$440.6 million|
|Return on assets TTM||0.02%|
|Return on equity TTM||-26.68%|
|Market capitalisation||USD$752.5 million|
TTM: trailing 12 months
There are currently 717,929 TrueBlue shares held short by investors – that's known as TrueBlue's "short interest". This figure is 0.5% down from 721,628 last month.
There are a few different ways that this level of interest in shorting TrueBlue shares can be evaluated.
TrueBlue's "short interest ratio" (SIR) is the quantity of TrueBlue shares currently shorted divided by the average quantity of TrueBlue shares traded daily (recently around 168527.9342723). TrueBlue's SIR currently stands at 4.26. In other words for every 100,000 TrueBlue shares traded daily on the market, roughly 4260 shares are currently held short.
However TrueBlue's short interest can also be evaluated against the total number of TrueBlue shares, or, against the total number of tradable TrueBlue shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TrueBlue's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 TrueBlue shares in existence, roughly 20 shares are currently held short) or 0.0299% of the tradable shares (for every 100,000 tradable TrueBlue shares, roughly 30 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against TrueBlue.
Find out more about how you can short TrueBlue stock.
We're not expecting TrueBlue to pay a dividend over the next 12 months.
TrueBlue's shares were split on a 3:2 basis on 13 July 1999. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your TrueBlue shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for TrueBlue shares which in turn could have impacted TrueBlue's share price.
Over the last 12 months, TrueBlue's shares have ranged in value from as little as $12.02 up to $22.24. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while TrueBlue's is 1.6937. This would suggest that TrueBlue's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The PeopleReady segment offers a range of contingent staffing solutions for blue-collar, on-demand, and skilled labor in construction, manufacturing and logistics, warehousing and distribution, waste and recycling, energy, retail, hospitality, general labor, and other industries. The PeopleManagement segment provides contingent labor and outsourced industrial workforce solutions. It offers on-site management and recruitment for the contingent industrial workforce of manufacturing, warehouse, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The PeopleScout segment offers permanent employee recruitment process outsourcing services; and manages clients' contingent labor programs comprising vendor selection, performance management, compliance monitoring, and risk management. The company was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. TrueBlue, Inc. was incorporated in 1985 and is headquartered in Tacoma, Washington.
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