BBSI Stock Summary and Trading Ideas (Barrett Bus Servs | NASDAQ:BBSI)

Barrett Business Services Inc is a provider of payroll administrative services and staffing services. The company categories of services include professional employer services and staffing. Professional employer services offer payroll management, payroll tax services, and workers' compensation coverage solutions, as well as workforce management services, including hiring and termination of employees. Staffing offers temporary staffing services, as well as contract staffing, long-term or indefinite on-site management, and direct placement services. The company operates in the United States of America. It generates maximum revenue from the Professional employer service fees.

Barrett Bus Servs trades on the NASDAQ stock market under the symbol BBSI.

As of January 3, 2025, BBSI stock price declined to $42.81 with 70,517 million shares trading.

BBSI has a beta of 0.84, meaning it tends to be less sensitive to market movements. BBSI has a correlation of 0.23 to the broad based SPY ETF.

BBSI has a market cap of $1.12 billion. This is considered a Small Cap stock.

Last quarter Barrett Bus Servs reported $294 million in Revenue and $.74 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.06.

In the last 3 years, BBSI traded as high as $44.39 and as low as $14.44.

The top ETF exchange traded funds that BBSI belongs to (by Net Assets): VTI, IWM, VXF, IWO, SCHA.

BBSI has outperformed the market in the last year with a return of +54.6%, while the SPY ETF gained +27.8%. In the last 3 month period, BBSI beat the market returning +17.8%, while SPY returned +4.6%. However, in the most recent 2 weeks BBSI has underperformed the stock market by returning -0.5%, while SPY returned +0.1%.

BBSI support price is $42.14 and resistance is $43.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BBSI shares will trade within this expected range on the day.