0.07%
0.30%
20.39%
19.57%
55.22%
172.31%
110.38%
AI Spotlight on BBSI
Company Description
Barrett Business Services, Inc.provides business management solutions for small and mid-sized companies in the United States.The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.
It offers professional employer services under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers' compensation coverage, and other administration functions for the client's existing workforce.The company also provides staffing and recruiting services, such as on-demand or short-term staffing assignment, contract staffing, direct placement, and long-term or indefinite-term on-site management services.It serves electronics manufacturers, light-manufacturing industries, agriculture-based companies, transportation and shipping enterprises, food processors, telecommunications companies, public utilities, general contractors in various construction-related fields, and professional services firms.
The company was incorporated in 1965 and is headquartered in Vancouver, Washington.
Market Data
| Last Price | 43.57 |
| Change Percentage | 0.07% |
| Open | 43.73 |
| Previous Close | 43.54 |
| Market Cap ( Millions) | 1130 |
| Volume | 48995 |
| Year High | 44.97 |
| Year Low | 27.05 |
| M A 50 | 43.01 |
| M A 200 | 36.65 |
Financial Ratios
| FCF Yield | -0.07% |
| Dividend Yield | 0.71% |
| ROE | 25.28% |
| Debt / Equity | 10.08% |
| Net Debt / EBIDTA | 10.37% |
| Price To Book | 5.29 |
| Price Earnings Ratio | 22.44 |
| Price To FCF | -1452.54 |
| Price To sales | 1.01 |
| EV / EBITDA | 16.17 |
News
- Jan -20 - 3 Outsourcing Stocks to Consider Despite Industry Headwinds
- Jan -07 - BBSI Earns Great Place To Work® Certification for Fourth Consecutive Year, Celebrating a Thriving Workplace Culture
- Dec -17 - BBSI Establishes Vice Chairman Role, Appoints Current Board Member Joseph Clabby
- Nov -07 - Barrett Business Services, Inc. (BBSI) Q3 2024 Earnings Call Transcript
- Nov -07 - Compared to Estimates, Barrett (BBSI) Q3 Earnings: A Look at Key Metrics
- Nov -07 - Barrett Business Services (BBSI) Beats Q3 Earnings and Revenue Estimates
- Oct -23 - BBSI Sets Third Quarter 2024 Conference Call for Wednesday, November 6, 2024, at 5:00 p.m. ET
- Sep -20 - BBSI vs. PAYX: Which Stock Is the Better Value Option?
- Sep -13 - 5 Bargain Price-to-Sales Stocks With High Growth Prospects
- Sep -09 - Is Barrett Business Services (BBSI) Stock Outpacing Its Business Services Peers This Year?
- Aug -22 - Are Business Services Stocks Lagging Barrett Business Services (BBSI) This Year?
- Aug -21 - BBSI to Attend the 2024 Gateway Conference on September 5th
- Aug -13 - 5 Value Price-to-Sales Stocks to Supercharge Your Portfolio
- Aug -06 - Is Barrett Business Services (BBSI) Stock Outpacing Its Business Services Peers This Year?
- Aug -06 - Zacks Industry Outlook Automatic Data Processing, The Brink's and Barrett Business Services
- Aug -05 - Here's 3 Outsourcing Stocks to Consider Amid Industry Woes
- Aug -02 - Is Barrett (BBSI) a Solid Growth Stock? 3 Reasons to Think "Yes"
- Aug -01 - Barrett (BBSI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- Jul -31 - Barrett Business Services (BBSI) Surpasses Q2 Earnings and Revenue Estimates
- Jul -31 - Barrett Business Services, Inc. (BBSI) Q2 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Professional Employer Services
Expected Growth : 8 %
What the company do ?
Professional Employer Services from Barrett Business Services, Inc. provides HR outsourcing solutions, including payroll, benefits, and compliance management for small to mid-sized businesses.
Why we expect these perspectives ?
Barrett Business Services, Inc.'s Professional Employer Services segment growth is driven by increasing demand for HR outsourcing, rising need for compliance expertise, and expansion into new markets. Additionally, the company's strategic acquisitions, investments in technology, and strong client retention rates contribute to its 8% growth.
Segment n°2 -> Staffing Services
Expected Growth : 6 %
What the company do ?
Barrett Business Services, Inc. offers staffing services, providing temporary and permanent staffing solutions to businesses, helping them manage workforce fluctuations and talent acquisition.
Why we expect these perspectives ?
Barrett Business Services' Staffing Services segment growth is driven by increasing demand for temporary and contract labor, expansion into new markets, and strategic acquisitions. Additionally, the company's focus on providing value-added services, such as payroll processing and human resource management, contributes to its growth. Furthermore, the rising trend of outsourcing non-core functions by businesses also supports the segment's growth.
Barrett Business Services, Inc. Products
| Product Range | What is it ? |
|---|---|
| Professional Employer Organization (PEO) Services | Provides comprehensive HR outsourcing solutions, including payroll processing, benefits administration, and compliance management. |
| Staffing and Recruiting Services | Offers temporary, temporary-to-permanent, and direct hire staffing solutions, as well as recruitment process outsourcing (RPO) services. |
| Workers' Compensation Insurance | Provides workers' compensation insurance coverage to protect businesses from work-related injuries and illnesses. |
| Payroll Processing Services | Offers payroll processing, tax compliance, and benefits administration services. |
| Human Resource Consulting Services | Provides HR consulting services, including HR audits, compliance, and best practices implementation. |
Barrett Business Services, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Barrett Business Services, Inc. is medium due to the presence of alternative staffing and HR outsourcing providers.
Bargaining Power Of Customers
The bargaining power of customers is low due to the company's strong brand reputation and the lack of significant buyer concentration.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the presence of multiple suppliers and the company's moderate dependence on them.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry, including regulatory requirements and the need for significant capital investment.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the staffing and HR outsourcing industry, leading to intense competition.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 9.63% |
| Debt Cost | 3.95% |
| Equity Weight | 90.37% |
| Equity Cost | 10.76% |
| WACC | 10.11% |
| Leverage | 10.65% |
Barrett Business Services, Inc. : Quality Control
Barrett Business Services, Inc. passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| KFRC | Kforce Inc. provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to … |
| HSII | Heidrick & Struggles International, Inc., together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. The company enables its clients to build … |
| KELYA | Kelly Services, Inc., together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; … |
| HRT | HireRight Holdings Corporation provides technology-driven workforce risk management and compliance solutions worldwide. The company offers background screening, verification, identification, monitoring, and drug and health screening services for customers. It provides … |
| BGSF | BGSF, Inc. provides workforce solutions and placement services in the United States. It operates in two segments, Real Estate and Professional. The Real Estate segment offers office and maintenance field … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Barrett Business Services
A-Score
1-Year Total Return ->
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Heidrick & Struggles
A-Score
1-Year Total Return ->
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Kforce
A-Score
1-Year Total Return ->
4
HireRight
A-Score
1-Year Total Return ->
5
BGSF
A-Score
1-Year Total Return ->
6
