Sidoti Analysts Decrease Earnings Estimates for BBSI

Barrett Business Services, Inc. (NASDAQ:BBSI) – Analysts at Sidoti cut their Q4 2026 earnings per share estimates for shares of Barrett Business Services in a note issued to investors on Friday, February 27th. Sidoti analyst M. Riddick now anticipates that the business services provider will post earnings per share of $0.65 for the quarter, down from their prior estimate of $0.73. The consensus estimate for Barrett Business Services’ current full-year earnings is $2.00 per share. Sidoti also issued estimates for Barrett Business Services’ Q2 2027 earnings at $0.82 EPS, Q3 2027 earnings at $0.93 EPS and Q4 2027 earnings at $0.72 EPS.

Several other equities analysts have also weighed in on BBSI. Barrington Research cut their target price on shares of Barrett Business Services from $46.00 to $41.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. CJS Securities upgraded shares of Barrett Business Services to a “strong-buy” rating in a research report on Thursday, December 11th. Roth Mkm cut their price objective on shares of Barrett Business Services from $54.00 to $42.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Barrett Business Services in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $41.50.

Barrett Business Services Trading Up 0.4%

Shares of NASDAQ:BBSI opened at $27.88 on Monday. Barrett Business Services has a 12-month low of $25.33 and a 12-month high of $49.65. The business has a 50 day moving average of $35.59 and a two-hundred day moving average of $39.40. The company has a market capitalization of $702.58 million, a PE ratio of 13.34, a PEG ratio of 0.81 and a beta of 1.03.

Barrett Business Services (NASDAQ:BBSI) last issued its earnings results on Wednesday, February 25th. The business services provider reported $0.64 EPS for the quarter, hitting analysts’ consensus estimates of $0.64. The firm had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $323.43 million. Barrett Business Services had a return on equity of 23.67% and a net margin of 4.39%.The company’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.63 earnings per share.

Barrett Business Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be given a $0.08 dividend. The ex-dividend date is Friday, March 13th. This represents a $0.32 annualized dividend and a dividend yield of 1.1%. Barrett Business Services’s dividend payout ratio (DPR) is 15.31%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Barrett Business Services by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,219 shares of the business services provider’s stock worth $626,000 after buying an additional 633 shares during the last quarter. Millennium Management LLC purchased a new position in shares of Barrett Business Services in the first quarter valued at approximately $3,747,000. Jane Street Group LLC acquired a new stake in shares of Barrett Business Services in the first quarter worth approximately $1,732,000. Envestnet Asset Management Inc. acquired a new stake in shares of Barrett Business Services in the second quarter worth approximately $454,000. Finally, Corton Capital Inc. purchased a new stake in shares of Barrett Business Services during the second quarter worth approximately $212,000. Institutional investors and hedge funds own 86.76% of the company’s stock.

Barrett Business Services Company Profile

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.