Barrington Research Weighs in on BBSI Q1 Earnings

Barrett Business Services, Inc. (NASDAQ:BBSI) – Barrington Research issued their Q1 2025 earnings per share estimates for shares of Barrett Business Services in a report issued on Wednesday, March 12th. Barrington Research analyst V. Colicchio forecasts that the business services provider will post earnings of ($0.12) per share for the quarter. Barrington Research has a “Outperform” rating and a $45.00 price target on the stock. The consensus estimate for Barrett Business Services’ current full-year earnings is $2.00 per share.

Separately, StockNews.com upgraded Barrett Business Services from a “hold” rating to a “buy” rating in a research report on Friday, March 7th.

Barrett Business Services Stock Down 0.6 %

Shares of BBSI stock opened at $39.59 on Friday. The stock has a market capitalization of $1.02 billion, a PE ratio of 20.89, a price-to-earnings-growth ratio of 1.21 and a beta of 1.31. Barrett Business Services has a 52-week low of $28.42 and a 52-week high of $44.97. The stock’s 50-day moving average price is $41.97 and its 200 day moving average price is $40.27.

Institutional Investors Weigh In On Barrett Business Services

Several institutional investors have recently modified their holdings of BBSI. Principal Financial Group Inc. raised its holdings in Barrett Business Services by 29.7% in the 3rd quarter. Principal Financial Group Inc. now owns 17,300 shares of the business services provider’s stock valued at $649,000 after acquiring an additional 3,960 shares during the last quarter. Huntington National Bank purchased a new stake in Barrett Business Services during the 3rd quarter worth $39,000. Thrivent Financial for Lutherans purchased a new stake in Barrett Business Services during the 3rd quarter worth $16,422,000. Quest Partners LLC boosted its position in Barrett Business Services by 5.6% during the 3rd quarter. Quest Partners LLC now owns 18,998 shares of the business services provider’s stock worth $713,000 after purchasing an additional 1,012 shares during the period. Finally, Mawer Investment Management Ltd. boosted its position in Barrett Business Services by 236.4% in the 3rd quarter. Mawer Investment Management Ltd. now owns 1,834,452 shares of the business services provider’s stock valued at $68,810,000 after buying an additional 1,289,147 shares during the last quarter. Hedge funds and other institutional investors own 86.76% of the company’s stock.

Barrett Business Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend is Friday, March 14th. Barrett Business Services’s dividend payout ratio (DPR) is 16.08%.

About Barrett Business Services

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.