TBI - TrueBlue Inc Stock Price, Fair Value and News

11.16USD-0.15 (-1.33%)Delayed

Market Summary

USD11.16-0.15

Delayed

-1.33%

TBI Alerts

Big fall in Revenue (Y/Y)

Big jump in Earnings (Y/Y)
Losses in recent quarter

TBI Stock Price

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TBI RSI Chart

TBI Valuation

Market Cap

341.2M

Price/Earnings (Trailing)

-29.46

Price/Sales (Trailing)

0.19

EV/EBITDA

-216.42

Price/Free Cashflow

-17.76

TBI Price/Sales (Trailing)

TBI Profitability

EBT Margin

-1.61%

Return on Equity

-2.59%

Return on Assets

-1.33%

Free Cashflow Yield

-5.63%

TBI Fundamentals

TBI Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

-13.42%

Rev. Growth (Qtr)

-18.15%

TBI Earnings

Earnings (TTM)

-11.6M

Earnings Growth (Yr)

60.41%

Earnings Growth (Qtr)

33.44%

Breaking Down TBI Revenue

Last 7 days

3.1%

Last 30 days

7.3%

Last 90 days

-12.4%

Trailing 12 Months

-30.6%

How does TBI drawdown profile look like?

TBI Financial Health

Current Ratio

1.71

Debt/Equity

0.01

Debt/Cashflow

2.84

TBI Investor Care

Buy Backs (1Y)

1.46%

Diluted EPS (TTM)

-0.37

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.8B	0	0	0
2023	2.2B	2.1B	2.0B	1.9B
2022	2.3B	2.3B	2.3B	2.3B
2021	1.8B	2.0B	2.1B	2.2B
2020	2.3B	2.1B	1.9B	1.8B
2019	2.5B	2.5B	2.4B	2.4B
2018	2.5B	2.5B	2.5B	2.5B
2017	2.7B	2.6B	2.6B	2.5B
2016	2.8B	2.8B	2.8B	2.8B
2015	2.4B	2.5B	2.6B	2.7B
2014	1.7B	1.7B	1.9B	2.2B
2013	1.4B	1.5B	1.6B	1.7B
2012	1.4B	1.4B	1.4B	1.4B
2011	1.2B	1.2B	1.3B	1.3B
2010	0	1.1B	1.1B	1.2B
2009	0	1.3B	1.1B	1.0B
2008	0	0	0	1.4B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of TrueBlue Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	fitzsimmons-willis kristy a.	sold (taxes)	-16,813	12.07	-1,393	evp; president - peopleready
Apr 03, 2024	betori richard p.	sold (taxes)	-14,471	12.07	-1,199	evp; president - peoplescout
Feb 23, 2024	goings william c.	acquired	-	-	10,227	-
Feb 23, 2024	reitz paul g	acquired	-	-	9,521	-
Feb 23, 2024	kreidler robert c.	acquired	-	-	9,521	-
Feb 23, 2024	betori richard p.	acquired	-	-	21,661	evp; president - peoplescout
Feb 23, 2024	owen taryn r	acquired	-	-	90,978	ceo and president
Feb 23, 2024	savacool kristi a	acquired	-	-	10,050	-
Feb 23, 2024	jones kim harris	acquired	-	-	10,227	-
Feb 23, 2024	schweihs carl	acquired	-	-	33,941	evp and cfo

Which funds bought or sold TBI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.84	-111,801	388,759	-%
May 16, 2024	COMERICA BANK	reduced	-99.78	-220,723	388	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-19.47	-1,685,910	3,232,590	-%
May 15, 2024	Centiva Capital, LP	added	266	333,762	501,689	0.01%
May 15, 2024	PRICE T ROWE ASSOCIATES INC /MD/	added	25.09	10,000	464,000	-%
May 15, 2024	Numerai GP LLC	added	340	3,074,800	4,258,850	1.84%
May 15, 2024	Point72 (DIFC) Ltd	new	-	162,485	162,485	-%
May 15, 2024	Engineers Gate Manager LP	added	231	486,236	771,683	0.02%
May 15, 2024	MIRABELLA FINANCIAL SERVICES LLP	new	-	611,606	611,606	0.04%
May 15, 2024	Invenomic Capital Management LP	new	-	1,556,700	1,556,700	0.08%

Are Funds Buying or Selling TBI?

Are funds buying TBI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TBI

No. of Funds

Unveiling TrueBlue Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	blackrock inc.	8.4%	2,626,991	SC 13G/A
Feb 13, 2024	hotchkis & wiley capital management llc	2.6%	810,650	SC 13G/A
Feb 13, 2024	vanguard group inc	8.32%	2,589,679	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.6%	2,048,852	SC 13G/A
Feb 07, 2024	pzena investment management llc	9.9%	3,092,337	SC 13G
Jan 22, 2024	blackrock inc.	16.9%	5,270,012	SC 13G/A
Feb 14, 2023	hotchkis & wiley capital management llc	7.55%	2,468,970	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	7.8%	2,537,267	SC 13G/A
Feb 09, 2023	vanguard group inc	13.14%	4,299,287	SC 13G/A
Jan 23, 2023	pzena investment management llc	6.74%	2,205,832	SC 13G

Recent SEC filings of TrueBlue Inc

View All Filings

Date Filed	Form Type	Document
May 16, 2024	8-K	Current Report
May 06, 2024	10-Q	Quarterly Report
May 06, 2024	8-K	Current Report
May 06, 2024	S-3	S-3
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	SC 13G/A	Major Ownership Report
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	DEFA14A	DEFA14A
Mar 01, 2024	ARS	ARS

Peers (Alternatives to TrueBlue Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	103.3B	18.9B	3.89%	17.13%	27.92	5.46	7.08%	13.46%
CTAS	70.2B	9.4B	3.55%	46.60%	46.72	7.46	9.34%	15.98%
CPRT	52.4B	4.1B	0.93%	23.38%	38.65	12.91	10.52%	25.37%
EFX	30.8B	5.4B	4.69%	18.29%	55.13	5.75	5.76%	-4.95%
BAH	19.8B	10.3B	8.58%	63.14%	48.27	1.91	13.90%	-5.05%
ALLE	10.9B	3.6B	-1.06%	12.63%	20.13	3	4.33%	10.69%
MID-CAP
RHI	7.4B	6.2B	2.28%	3.37%	21.08	1.21	-13.83%	-42.32%
AL	5.5B	2.7B	1.27%	26.05%	9.4	2.02	15.08%	16.51%
SRCL	4.3B	2.6B	-4.39%	7.90%	-221.54	1.64	-3.11%	-123.81%
ABM	3.0B	8.2B	7.93%	6.44%	11.58	0.36	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	1.35%	107.67%	18.93	0.71	104.63%	188.16%
ALTG	285.4M	1.9B	-26.28%	-43.39%	32.07	0.15	15.20%	-4.30%
ARC	118.7M	283.1M	3.77%	-7.09%	13.57	0.42	-0.83%	-20.92%
AQMS	48.7M	212.0K	-14.00%	-58.65%	-1.94	213.63	-40.62%	-60.52%
AWX	9.4M	81.0M	4.35%	-6.98%	-8.5	0.12	-4.98%	-14.33%

TrueBlue Inc News

Latest updates

TrueBlue Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-18.1%	403	492	473	476	465	558	576	569	552	622	577	516	459	519	475	359	494	591	637	589	552
Gross Profit	-22.5%	99.00	128	124	130	123	148	156	159	140	167	147	136	111	121	110	83.00	126	150	168	157	147
S&GA Expenses	-17.7%	107	130	121	121	123	134	124	122	121	138	119	111	97.00	104	90.00	97.00	117	134	130	126	128
EBITDA Margin	-120.7%	0.00*	0.00*	0.01*	0.02*	0.04*	0.05*	0.05*	0.05*	0.05*	0.05*	0.04*	0.04*	0.02*	-0.07*	-0.07*	-	-	-	-	-	-
Interest Expenses	-21.3%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	2.00	0.00	1.00	1.00	1.00	1.00
Income Taxes	-151.7%	-12.21	-4.85	-2.33	1.00	-0.64	-0.05	4.00	5.00	2.00	5.00	3.00	4.00	-0.11	3.00	4.00	-13.47	-24.75	1.00	3.00	2.00	1.00
Earnings Before Taxes	-87.9%	-13.91	-7.40	-2.34	-5.98	-4.93	7.00	25.00	29.00	12.00	25.00	22.00	20.00	7.00	11.00	13.00	-21.64	-175	9.00	30.00	22.00	9.00
EBT Margin	-48.4%	-0.02*	-0.01*	0.00*	0.01*	0.03*	0.03*	0.04*	0.04*	0.04*	0.03*	0.03*	0.03*	0.00*	-0.09*	-0.09*	-	-	-	-	-	-
Net Income	33.4%	-1.70	-2.55	-0.01	-7.32	-4.29	7.00	21.00	24.00	11.00	20.00	19.00	16.00	7.00	8.00	9.00	-8.17	-150	9.00	27.00	19.00	8.00
Net Income Margin	15.5%	-0.01*	-0.01*	0.00*	0.01*	0.02*	0.03*	0.03*	0.03*	0.03*	0.03*	0.02*	0.02*	0.01*	-0.08*	-0.07*	-	-	-	-	-	-
Free Cashflow	-408.6%	-21.61	7.00	-8.65	4.00	1.00	32.00	18.00	18.00	21.00	14.00	-55.71	10.00	18.00	43.00	-9.32	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-3.4%	869	899	915	925	957	1,019	983	991	981	1,033	1,010	1,018	979	981	908	903	1,135	1,136	1,131	1,095	1,100
Current Assets	-11.2%	315	355	360	354	371	430	409	406	398	445	418	433	384	379	351	360	593	422	426	392	386
Cash Equivalents	15.9%	72.00	62.00	47.00	50.00	47.00	72.00	112	90.00	94.00	103	106	160	141	119	76.00	142	320	92.00	75.00	72.00	81.00
Net PPE	-0.4%	104	105	103	100	98.00	96.00	92.00	90.00	88.00	88.00	86.00	82.00	76.00	72.00	67.00	67.00	67.00	66.00	61.00	59.00	58.00
Goodwill	-0.3%	84.00	84.00	85.00	85.00	94.00	94.00	93.00	94.00	95.00	95.00	95.00	95.00	95.00	95.00	94.00	94.00	93.00	237	236	237	238
Liabilities	-4.4%	422	442	458	471	489	523	496	525	513	540	524	553	534	543	484	490	719	510	510	480	502
Current Liabilities	-9.9%	184	204	201	199	215	243	223	233	226	259	239	275	258	269	202	220	187	231	226	213	215
Long Term Debt	-	-	-	-	-	-	-	-	-	4.00	-	-	-	-	-	2.00	18.00	294	37.00	44.00	25.00	42.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27.00	-	-	-	-	-
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	4.00	-	-	-	-	-	2.00	18.00	-	37.00	-	-	42.00
Shareholder's Equity	-2.5%	446	458	457	474	0.00	496	487	483	483	493	486	0.00	0.00	437	424	431	416	626	621	615	612
Retained Earnings	-2.4%	467	479	478	474	488	516	507	483	483	509	501	480	460	452	442	-0.60	-0.60	-0.60	636	629	612
Shares Outstanding	-2.2%	31.00	31.00	31.00	31.00	32.00	33.00	33.00	33.00	34.00	35.00	35.00	35.00	35.00	35.00	-	-	-	-	-	-	-
Float	-	-	-	-	500	-	-	-	600	-	-	-	1,000	-	-	-	-	-	-	-	800	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-193.8%	-14,239	15,185	-1,295	11,713	9,151	40,429	26,972	26,660	26,442	19,883	-46,805	19,479	27,883	53,763	-4,714	75,874	27,608	40,993	15,559	15,465	21,514
Share Based Compensation	-43.0%	2,102	3,688	4,925	2,664	2,630	2,012	3,188	675	3,812	3,794	3,233	3,573	3,343	2,351	2,417	2,837	1,508	1,650	2,859	1,654	3,606
Cashflow From Investing	115.9%	919	-5,766	-14,129	-4,051	-8,376	-17,007	-2,822	-1,371	255	-6,558	-5,375	-1,093	-3,194	-10,932	-17,412	-5,327	-740	-9,928	-9,009	-4,099	1,405
Cashflow From Financing	-5278.7%	-13,662	-254	-1,033	-9,471	-26,825	17.00	-27.00	-28,633	-36,049	-16,575	-215	58.00	-2,394	-1,523	-43,769	-249,285	202,075	-14,285	-3,203	-21,197	-44,230
Buy Backs	-	10,067	-	-22.00	9,482	24,718	-	-	24,613	36,326	16,678	-	-	-	-	-	-2.00	52,348	7,510	22,239	3,774	5,303

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TBI Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS & COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 26, 2023
Income Statement [Abstract]
Revenue from services	$ 402,853	$ 465,288
Cost of services	303,467	342,175
Gross profit	99,386	123,113
Selling, general and administrative expense	106,937	122,645
Depreciation and amortization	7,958	6,411
Income (loss) from operations	(15,509)	(5,943)
Interest and other income (expense), net	1,599	1,014
Income (loss) before tax expense (benefit)	(13,910)	(4,929)
Income tax expense (benefit)	(12,212)	(640)
Net income (loss)	$ (1,698)	$ (4,289)
Net income (loss) per common share:
Basic (in dollars per share)	$ (0.05)	$ (0.13)
Diluted (in dollars per share)	$ (0.05)	$ (0.13)
Weighted average shares outstanding:
Basic (in shares)	31,102	32,292
Diluted (in shares)	31,102	32,292
Other Comprehensive Income (Loss):
Foreign currency translation adjustment	$ (58)	$ (253)
Comprehensive income (loss)	$ (1,756)	$ (4,542)

TBI Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 36,184	$ 61,885
Accounts receivable, net of allowance of $1,195 and $2,005	244,184	252,538
Prepaid expenses and other current assets	24,979	28,894
Income tax receivable	10,056	11,676
Total current assets	315,403	354,993
Property and equipment, net	104,449	104,906
Restricted cash, cash equivalents and investments	187,969	192,985
Deferred income taxes, net	50,934	35,465
Goodwill	83,869	84,114
Intangible assets, net	8,995	10,525
Operating lease right-of-use assets, net	50,454	49,819
Workers’ compensation claims receivable, net	51,998	53,841
Other assets, net	14,515	12,735
Total assets	868,586	899,383
Current liabilities:
Accounts payable and other accrued expenses	43,623	56,401
Accrued wages and benefits	81,008	80,120
Income tax payable	0	439
Current portion of workers’ compensation claims reserve	41,303	44,866
Current operating lease liabilities	11,936	11,902
Other current liabilities	6,090	10,371
Total current liabilities	183,960	204,099
Workers’ compensation claims reserve, less current portion	146,544	151,649
Long-term deferred compensation liabilities	37,086	35,205
Long-term operating lease liabilities	49,869	49,434
Other long-term liabilities	4,763	1,123
Total liabilities	422,222	441,510
Commitments and contingencies (Note 0.008)
Shareholders’ equity:
Preferred stock, $0.131 par value, 20,000,000 shares authorized; No shares issued and outstanding	0	0
Common stock, no par value, 100,000,000 shares authorized; 30,554,364 and 31,245,732 shares issued and outstanding	1	1
Accumulated other comprehensive loss	(20,770)	(20,712)
Retained earnings	467,133	478,584
Total shareholders’ equity	446,364	457,873
Total liabilities and shareholders’ equity	$ 868,586	$ 899,383

About TrueBlue Inc

TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company's PeopleReady segment provides general, industrial, and skilled trade staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries. Its PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes 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 company's PeopleScout segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform which uses artificial intelligence and machine learning for real-time insights; and contingent labor programs including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company is headquartered in Tacoma, Washington.

CEO	Mr. Steven C. Cooper
WEBSITE	trueblue.com
INDUSTRY	Information Technology Services
EMPLOYEES	6500

TrueBlue Inc Frequently Asked Questions

What is the ticker symbol for TrueBlue Inc? What does TBI stand for in stocks?

TBI is the stock ticker symbol of TrueBlue Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of TrueBlue Inc (TBI)?

As of Fri May 17 2024, market cap of TrueBlue Inc is 341.16 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TBI stock?

You can check TBI's fair value in chart for subscribers.

What is the fair value of TBI stock?

You can check TBI's fair value in chart for subscribers. The fair value of TrueBlue Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of TrueBlue Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TBI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is TrueBlue Inc a good stock to buy?

The fair value guage provides a quick view whether TBI is over valued or under valued. Whether TrueBlue Inc is cheap or expensive depends on the assumptions which impact TrueBlue Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TBI.

What is TrueBlue Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, TBI's PE ratio (Price to Earnings) is -29.46 and Price to Sales (PS) ratio is 0.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TBI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on TrueBlue Inc's stock?

In the past 10 years, TrueBlue Inc has provided -0.08 (multiply by 100 for percentage) rate of return.