Barrett Business Services, Inc. (NASDAQ:BBSI – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $41.00.
Several equities research analysts have recently issued reports on BBSI shares. Zacks Research upgraded shares of Barrett Business Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Roth Capital downgraded shares of Barrett Business Services from a “buy” rating to a “neutral” rating and reduced their price target for the company from $42.00 to $38.00 in a report on Thursday. Barrington Research set a $44.00 price objective on shares of Barrett Business Services in a report on Thursday. Citigroup restated an “outperform” rating on shares of Barrett Business Services in a research report on Thursday. Finally, Wall Street Zen raised Barrett Business Services from a “sell” rating to a “hold” rating in a report on Saturday, June 6th.
View Our Latest Stock Analysis on BBSI
Insider Activity at Barrett Business Services
Hedge Funds Weigh In On Barrett Business Services
Several institutional investors have recently bought and sold shares of BBSI. Kestra Advisory Services LLC bought a new stake in shares of Barrett Business Services in the 4th quarter worth about $39,000. Bard Associates Inc. bought a new position in shares of Barrett Business Services in the 4th quarter valued at about $50,000. Farther Finance Advisors LLC grew its position in Barrett Business Services by 63.0% in the fourth quarter. Farther Finance Advisors LLC now owns 1,456 shares of the business services provider’s stock worth $53,000 after acquiring an additional 563 shares in the last quarter. Tripletail Wealth Management LLC grew its position in Barrett Business Services by 152.6% in the fourth quarter. Tripletail Wealth Management LLC now owns 1,920 shares of the business services provider’s stock worth $70,000 after acquiring an additional 1,160 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in Barrett Business Services by 131.0% during the second quarter. GAMMA Investing LLC now owns 2,206 shares of the business services provider’s stock worth $78,000 after acquiring an additional 1,251 shares during the last quarter. Institutional investors own 86.76% of the company’s stock.
Key Barrett Business Services News
Here are the key news stories impacting Barrett Business Services this week:
- Positive Sentiment: Revenue increased 4% year over year to $319.3 million, while gross billings rose 3% to $2.29 billion. Revenue was broadly in line with expectations, indicating continued underlying business growth. BBSI Reports Second Quarter 2026 Financial Results
- Positive Sentiment: Barrett declared a quarterly dividend of $0.08 per share, payable September 4 to shareholders of record August 21. The dividend equates to $0.32 annually and an indicated yield of approximately 0.8%, providing a modest shareholder return. Barrett Business Services Dividend Announcement
- Neutral Sentiment: Brokerages have set an average price target of $41.50, above the stock’s recent trading level, suggesting analysts see potential upside; however, the target does not offset the immediate earnings disappointment. Brokerages Set BBSI Target Price at $41.50
- Negative Sentiment: Adjusted earnings were $0.52 per share, below the $0.56 consensus estimate and down from $0.70 a year earlier. Revenue of $319.27 million also narrowly missed the $321.55 million forecast, creating concerns about profitability and near-term operating momentum. Barrett Business Services Misses Q2 Earnings and Revenue Estimates
Barrett Business Services Stock Down 17.5%
Shares of Barrett Business Services stock opened at $33.09 on Friday. The company has a market capitalization of $812.69 million, a price-to-earnings ratio of 24.33, a PEG ratio of 1.34 and a beta of 0.94. The stock’s 50-day simple moving average is $36.54 and its 200-day simple moving average is $33.08. Barrett Business Services has a 52 week low of $25.33 and a 52 week high of $49.65.
Barrett Business Services (NASDAQ:BBSI – Get Free Report) last released its earnings results on Wednesday, August 5th. The business services provider reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.04). Barrett Business Services had a return on equity of 20.38% and a net margin of 2.77%.The business had revenue of $319.27 million for the quarter, compared to analysts’ expectations of $321.55 million. On average, equities analysts expect that Barrett Business Services will post 1.88 earnings per share for the current year.
Barrett Business Services Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, August 21st. Barrett Business Services’s dividend payout ratio (DPR) is currently 23.53%.
About Barrett Business Services
Barrett Business Services, Inc (NASDAQ: BBSI) is a professional employer organization (PEO) headquartered in Northridge, California. Founded in 1971 by Barrett K. Levesque, the company provides comprehensive human resources outsourcing solutions to small and mid-sized businesses. Through its consultative model, Barrett Business Services helps clients streamline administrative processes, mitigate regulatory risk and focus on core operations.
The company’s core offerings include payroll administration, employee benefits management, workers’ compensation and risk management services.
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