Barrett Business Services, Inc. - Common Stock (BBSI)
41.29
-0.29 (-0.70%)
Barrett Business Services, Inc. is a company that provides a comprehensive range of services aimed at enhancing the productivity and efficiency of businesses, particularly in the realms of human resources and payroll management
Focused on small to mid-sized enterprises, the company offers services such as professional employer organization (PEO) solutions, which help businesses manage employee benefits, compliance, and workforce management. Additionally, Barrett Business Services provides risk management and safety services, along with various consulting solutions that support clients in streamlining their operations and fostering a better workplace environment.
Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. But cutbacks in corporate spending and the threat of new AI products have kept sentiment in check,
and over the past six months, the industry has tumbled by 1.4%. This performance mirrored the S&P 500’s.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Korn Ferry (NYSE:KFY) and the best and worst performers in the professional staffing & hr solutions industry.
Since March 2020, the S&P 500 has delivered a total return of 132%. But one standout stock has more than doubled the market - over the past five years, Barrett has surged 311% to $40.13 per share. Its momentum hasn’t stopped as it’s also gained 9.1% in the last six months thanks to its solid quarterly results, beating the S&P by 10.4%.
Barrett Bus Servs (NASDAQ:BBSI) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:05 PM. Here's what investors need to know about the announcement.
According to Benzinga Pro, during Q1, Barrett Business Services (NASDAQ:BBSI) earned $288.00 thousand, a 97.29% increase from the preceding quarter. Barrett Business Services's sales decreased to $246.38 million, a 3.97% change since Q4.
Investors' growing interest in a stock is reflected in its recent price increase. A price change of 4.8% over the past four weeks positions the stock of this human resources management company well in this regard.
Barrett Bus Servs (NASDAQ:BBSI) reported its Q1 earnings results on Wednesday, May 4, 2022 at 05:05 PM. Here's what investors need to know about the announcement.
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