Roth Capital Has Bearish Estimate for BBSI FY2025 Earnings

Barrett Business Services, Inc. (NASDAQ:BBSI) – Roth Capital lowered their FY2025 earnings per share (EPS) estimates for shares of Barrett Business Services in a research report issued on Thursday, February 27th. Roth Capital analyst J. Martin now anticipates that the business services provider will post earnings per share of $2.11 for the year, down from their previous forecast of $2.25. The consensus estimate for Barrett Business Services’ current full-year earnings is $2.00 per share.

A number of other brokerages have also recently issued reports on BBSI. Roth Mkm lifted their target price on shares of Barrett Business Services from $43.00 to $45.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Barrington Research restated an “outperform” rating and set a $45.00 price objective on shares of Barrett Business Services in a research report on Wednesday, December 11th. Finally, StockNews.com cut Barrett Business Services from a “buy” rating to a “hold” rating in a report on Thursday.

Barrett Business Services Stock Down 0.5 %

Shares of BBSI stock opened at $40.29 on Friday. Barrett Business Services has a fifty-two week low of $28.42 and a fifty-two week high of $44.97. The business has a fifty day simple moving average of $42.64 and a 200-day simple moving average of $39.95. The stock has a market cap of $1.05 billion, a P/E ratio of 21.26, a P/E/G ratio of 1.21 and a beta of 1.41.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BBSI. Truvestments Capital LLC acquired a new position in Barrett Business Services during the third quarter worth approximately $34,000. Westside Investment Management Inc. acquired a new stake in shares of Barrett Business Services during the 3rd quarter worth $34,000. Prudent Man Investment Management Inc. purchased a new position in shares of Barrett Business Services in the 4th quarter worth $35,000. Huntington National Bank acquired a new position in Barrett Business Services in the third quarter valued at $39,000. Finally, Quantbot Technologies LP purchased a new stake in Barrett Business Services during the third quarter valued at about $77,000. Institutional investors and hedge funds own 86.76% of the company’s stock.

Insider Transactions at Barrett Business Services

In related news, Director Thomas B. Cusick sold 3,000 shares of the stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $43.41, for a total transaction of $130,230.00. Following the transaction, the director now directly owns 27,776 shares in the company, valued at approximately $1,205,756.16. This represents a 9.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 3.70% of the company’s stock.

Barrett Business Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.32 annualized dividend and a yield of 0.79%. Barrett Business Services’s dividend payout ratio (DPR) is presently 16.93%.

About Barrett Business Services

Barrett Business Services, Inc provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.