Barrett Enterprise Providers, Inc. (NASDAQ:BBSI – Get Ranking)’s share value crossed above its 2 hundred day shifting common throughout buying and selling on Tuesday . The inventory has a 2 hundred day shifting common of $70.18 and traded as excessive as $71.85. Barrett Enterprise Providers shares final traded at $71.66, with a quantity of 54,076 shares traded.
Numerous equities analysis analysts have lately issued experiences on BBSI shares. Barrington Analysis boosted their goal value on Barrett Enterprise Providers from $85.00 to $102.00 in a analysis report on Thursday, Might fifth. StockNews.com downgraded Barrett Enterprise Providers from a “strong-buy” score to a “purchase” score in a report on Friday, Might thirteenth. Roth Capital reiterated a “purchase” score on shares of Barrett Enterprise Providers in a report on Thursday, Might fifth. Sidoti reiterated a “purchase” score and set a $97.00 value goal on shares of Barrett Enterprise Providers in a report on Tuesday, June 14th. Lastly, TheStreet downgraded Barrett Enterprise Providers from a “b-” score to a “c+” score in a report on Tuesday, Might twenty fourth. 4 analysis analysts have rated the inventory with a purchase score, Primarily based on knowledge from MarketBeat.com, Barrett Enterprise Providers presently has a mean score of “Purchase” and a consensus goal value of $102.33.
The agency has a market cap of $524.55 million, a PE ratio of 12.71, a P/E/G ratio of 0.75 and a beta of 1.46. The enterprise has a fifty day shifting common value of $73.40 and a two-hundred day shifting common value of $70.18.
Barrett Enterprise Providers (NASDAQ:BBSI – Get Ranking) final issued its quarterly earnings outcomes on Wednesday, Might 4th. The enterprise companies supplier reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.63) by $0.67. Barrett Enterprise Providers had a return on fairness of 21.43% and a web margin of 4.37%. The enterprise had income of $1.71 billion for the quarter, in comparison with the consensus estimate of $1.72 billion. Throughout the identical quarter within the earlier 12 months, the corporate posted ($0.60) earnings per share. On common, sell-side analysts anticipate that Barrett Enterprise Providers, Inc. will submit 6.07 earnings per share for the present fiscal 12 months.
The corporate additionally lately introduced a quarterly dividend, which was paid on Friday, June third. Shareholders of document on Friday, Might twentieth have been paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, Might nineteenth. This represents a $1.20 dividend on an annualized foundation and a yield of 1.67%. Barrett Enterprise Providers’s dividend payout ratio (DPR) is presently 21.28%.
In different information, CEO Gary Kramer purchased 1,000 shares of the inventory in a transaction on Friday, Might twentieth. The shares have been bought at a mean value of $70.13 per share, for a complete transaction of $70,130.00. Following the completion of the acquisition, the chief govt officer now instantly owns 34,451 shares of the corporate’s inventory, valued at roughly $2,416,048.63. The acquisition was disclosed in a submitting with the SEC, which is obtainable via this hyperlink. Insiders personal 3.00% of the corporate’s inventory.
Numerous hedge funds and different institutional traders have lately modified their holdings of BBSI. Royce & Associates LP grew its stake in Barrett Enterprise Providers by 338.0% within the fourth quarter. Royce & Associates LP now owns 213,658 shares of the enterprise companies supplier’s inventory valued at $14,755,000 after buying a further 164,878 shares within the final quarter. Alpine Peaks Capital LP purchased a brand new stake in shares of Barrett Enterprise Providers throughout the 4th quarter value about $4,343,000. Polar Asset Administration Companions Inc. purchased a brand new stake in shares of Barrett Enterprise Providers throughout the 1st quarter value about $3,085,000. American Century Corporations Inc. boosted its stake in shares of Barrett Enterprise Providers by 7.4% throughout the 1st quarter. American Century Corporations Inc. now owns 487,202 shares of the enterprise companies supplier’s inventory value $37,744,000 after buying a further 33,598 shares within the final quarter. Lastly, State Road Corp boosted its stake in shares of Barrett Enterprise Providers by 20.6% throughout the 1st quarter. State Road Corp now owns 194,516 shares of the enterprise companies supplier’s inventory value $15,118,000 after buying a further 33,234 shares within the final quarter. Hedge funds and different institutional traders personal 81.74% of the corporate’s inventory.
Barrett Enterprise Providers Firm Profile (NASDAQ:BBSI)
Barrett Enterprise Providers, Inc supplies enterprise administration options for small and mid-sized corporations in the USA. The corporate develops a administration platform that integrates a knowledge-based method from the administration consulting trade with instruments from the human useful resource outsourcing trade.
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