TrueBlue (NYSE:TBI) Stock Rating Upgraded by Wall Street Zen

Posted by on Aug 10th, 2026

TrueBlue (NYSE:TBI – Get Free Report) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

TBI has been the subject of several other research reports. Zacks Research upgraded shares of TrueBlue from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Weiss Ratings upgraded shares of TrueBlue from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, July 2nd. Finally, Robert W. Baird set a $9.50 price objective on shares of TrueBlue in a report on Wednesday. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, TrueBlue has a consensus rating of “Hold” and an average price target of $7.75.

Get Our Latest Report on TrueBlue

TrueBlue Trading Up 0.0%

NYSE:TBI opened at $10.21 on Friday. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $310.68 million, a PE ratio of -5.43, a price-to-earnings-growth ratio of 12.14 and a beta of 1.60. The firm’s 50 day moving average is $7.49 and its 200 day moving average is $5.62. TrueBlue has a 12 month low of $3.18 and a 12 month high of $10.65.

TrueBlue (NYSE:TBI – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The business services provider reported $0.06 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.16. The business had revenue of $443.00 million during the quarter, compared to analyst estimates of $417.84 million. TrueBlue had a negative return on equity of 6.26% and a negative net margin of 3.35%. Sell-side analysts expect that TrueBlue will post 0.06 earnings per share for the current year.

Hedge Funds Weigh In On TrueBlue

Several institutional investors and hedge funds have recently bought and sold shares of TBI. Pzena Investment Management LLC bought a new position in shares of TrueBlue during the second quarter valued at about $21,543,000. BlackRock Inc. bought a new stake in shares of TrueBlue in the second quarter worth about $15,550,000. Boston Partners grew its stake in shares of TrueBlue by 107.7% in the third quarter. Boston Partners now owns 1,614,404 shares of the business services provider’s stock worth $9,895,000 after purchasing an additional 837,123 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in TrueBlue by 32.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,012,217 shares of the business services provider’s stock valued at $9,156,000 after purchasing an additional 492,984 shares during the period. Finally, Prosight Management LP increased its holdings in TrueBlue by 456.8% during the 4th quarter. Prosight Management LP now owns 442,554 shares of the business services provider’s stock valued at $2,014,000 after purchasing an additional 363,078 shares during the period. 97.15% of the stock is currently owned by institutional investors.

TrueBlue Company Profile

(Get Free Report)

TrueBlue, Inc is a Tacoma, Washington–based workforce solutions provider specializing in temporary staffing, permanent placement and managed service solutions. Operating through its subsidiaries and brands, TrueBlue connects clients across manufacturing, logistics, retail, construction and public sector markets with skilled professionals for both short-term and long-term engagements. The company’s offerings encompass on-demand blue-collar labor, specialized industrial staffing, recruitment process outsourcing (RPO) and contingent workforce management.

TrueBlue’s primary service lines include PeopleReady, which supplies general labor for construction, hospitality and event services; PeopleManagement, which focuses on technical and industrial professionals; PeopleScout, a global RPO business offering end-to-end talent acquisition and consulting; and Staff Management | SMX, which delivers seasonal staffing for large-scale events, amusement parks and federal workforce contracts.

Further Reading

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