Home Sectors Industrials Current Movement: TrueBlue (NYSE: TBI)

Current Movement: TrueBlue (NYSE: TBI)


TrueBlue trades as part of the industrials sector and employment services industry. The company CEO is A. Patrick Beharelle. TrueBlue Inc is a provider of staffing and workforce-management solutions. It services are blue-collar staffing services including general labor, light industrial, skilled trades, aviation and transportation mechanics and technicians and drivers.

Previous Intraday Trading Performance:

The TBI stock showed a previous change of -0.32% with an open at 24.54 and a close of 24.71. It reached an intraday high of 25.03 and a low of 24.45.

SeekingAlpha:  TrueBlue beats by $0.02, revenue in-line


The stock has a market cap of $1.0b with 40.5m shares outstanding, of which the float is 39.1m shares. Trading volume reached 97,556 shares compared to its average volume of 188,171 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, TrueBlue shares returned 1.31% and in the past 30 trading days it returned 13.56%. Over three months, it changed 7.11%. In one year it has changed -8.82% and within that year its 52-week high was 29.85 and its 52-week low was 20.56. TBI stock is 20.18% above its 52 Week Low.

Our calculations show a 200 day moving average of 25.75 and a 50 day moving average of 23.65. Currently TBI stock is trading -4.03% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

Business Wire:  TrueBlue Reports Fourth Quarter and Full-Year 2018 Results


The last annual fiscal EPS for the company was reported at 1.33 that ended on 31st of December 2017, which according to the previous close, that is a PE of 18.58. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.58. The TTM EPS is 2.18, which comes to a TTM PE of 11.33.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.58 (estimated)
09-30-2018:  0.79
06-30-2018:  0.57
03-31-2018:  0.31

Base on our calculations, the intrinsic value per share is 39.84, which means it is possibly undervalued and has a margin of safety of 37.97%

Indicators to Watch:

Based on the latest filings, there is 138.00% of institutional ownership. Short-interest is 1,002,063, which is 2.48% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.90. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.72

Business Wire:  Staff Management | SMX Recognized by Clients for Service Excellence with ClearlyRated 2019 Best of Staffing Award

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 11.98%, return on assets is 5.95%, profit margin is 2.75%, price-to-sales is 0.54 and price-to-book is 1.69.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 1  :Past Performance Score
 5  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.