Barrett Business Services Inc. (BBSI) Trading 1.8% Higher
Barrett Business Services Inc. (NASDAQ:BBSI)’s share price traded up 1.8% during trading on Thursday . The company traded as high as $47.78 and last traded at $47.69, with a volume of 59,042 shares changing hands. The stock had previously closed at $46.86.
Separately, TheStreet lowered Barrett Business Services from a “buy” rating to a “hold” rating in a research report on Thursday, June 23rd.
The company has a market capitalization of $344.91 million and a price-to-earnings ratio of 15.25. The stock’s 50 day moving average price is $44.16 and its 200-day moving average price is $35.81.
Barrett Business Services (NASDAQ:BBSI) last released its quarterly earnings results on Tuesday, August 9th. The company reported $1.30 earnings per share (EPS) for the quarter. The company had revenue of $203.40 million for the quarter, compared to analysts’ expectations of $182 million. Equities research analysts predict that Barrett Business Services Inc. will post $3.43 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 6th. Investors of record on Monday, August 22nd will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date is Thursday, August 18th.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.