Barrett Business Services (NASDAQ:BBSI – Get Free Report) released its earnings results on Wednesday. The business services provider reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.31) by $0.29, Zacks reports. Barrett Business Services had a return on equity of 27.69% and a net margin of 4.73%. The firm had revenue of $265.78 million for the quarter, compared to the consensus estimate of $1.88 billion. During the same period in the prior year, the business posted $0.12 earnings per share.
Barrett Business Services Price Performance
BBSI stock traded down $2.94 during trading on Thursday, reaching $119.49. 52,996 shares of the stock traded hands, compared to its average volume of 30,256. The firm has a market capitalization of $781.46 million, a PE ratio of 16.04, a P/E/G ratio of 1.12 and a beta of 1.37. The business’s 50 day moving average price is $121.36 and its 200-day moving average price is $112.94. Barrett Business Services has a 52-week low of $76.22 and a 52-week high of $130.00.
Barrett Business Services Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date was Thursday, March 14th. Barrett Business Services’s payout ratio is currently 16.15%.
Analyst Ratings Changes
Read Our Latest Report on BBSI
Barrett Business Services Company Profile
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.
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