Somewhat Positive Media Coverage Somewhat Unlikely to Impact Barrett Business Services (BBSI) Stock Price
Headlines about Barrett Business Services (NASDAQ:BBSI) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Barrett Business Services earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 47.088270026554 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of research firms recently commented on BBSI. ValuEngine downgraded Barrett Business Services from a “buy” rating to a “hold” rating in a research report on Saturday, August 26th. TheStreet upgraded Barrett Business Services from a “c” rating to a “b-” rating in a research report on Wednesday, August 9th. Finally, BidaskClub downgraded Barrett Business Services from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th.
Barrett Business Services (BBSI) traded up 0.54% during midday trading on Friday, hitting $57.24. The company had a trading volume of 19,362 shares. The firm has a market capitalization of $417.57 million, a P/E ratio of 23.05 and a beta of 1.37. Barrett Business Services has a 1-year low of $42.59 and a 1-year high of $66.93. The company has a 50 day moving average price of $53.27 and a 200 day moving average price of $55.42.
Barrett Business Services (NASDAQ:BBSI) last posted its earnings results on Tuesday, August 8th. The business services provider reported $1.47 earnings per share for the quarter. Barrett Business Services had a net margin of 2.06% and a return on equity of 33.55%. The firm had revenue of $1.30 billion during the quarter. Equities research analysts forecast that Barrett Business Services will post $3.43 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Friday, August 25th were issued a $0.25 dividend. The ex-dividend date was Wednesday, August 23rd. This represents a $1.00 annualized dividend and a yield of 1.75%. Barrett Business Services’s dividend payout ratio (DPR) is presently 42.02%.
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About Barrett Business Services
Barrett Business Services, Inc (BBSI) is a provider of business management solutions for small and mid-sized companies. The Company has developed a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.
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