Is TrueBlue Inc (NYSE: TBI) Still A Buy After sinking -0.58% Last Week?

During the last session, TrueBlue Inc (NYSE:TBI)’s traded shares were 0.88 million, with the beta value of the company hitting 1.51. At the end of the trading day, the stock’s price was $10.30, reflecting an intraday gain of 3.21% or $0.32. The 52-week high for the TBI share is $19.06, that puts it down -85.05 from that peak though still a striking 3.4% gain since the share price plummeted to a 52-week low of $9.95. The company’s market capitalization is $314.87M, and the average trade volume was 299.44K shares over the past three months.

TrueBlue Inc (NYSE:TBI) trade information

TrueBlue Inc (TBI) registered a 3.21% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 3.21% in intraday trading to $10.30, hitting a weekly high. The stock’s 5-day price performance is -0.58%, and it has moved by -1.81% in 30 days. Based on these gigs, the overall price performance for the year is -41.31%.

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TrueBlue Inc (TBI) estimates and forecasts

Statistics show that TrueBlue Inc has underperformed its competitors in share price, compared to the industry in which it operates. TrueBlue Inc (TBI) shares have gone down -33.68% during the last six months, with a year-to-date growth rate less than the industry average at -78.57% against -17.60. In the rating firms’ projections, revenue will decrease -10.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 414.47M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 436.24M by the end of current fiscal year.

While earnings are projected to return -71.89% in 2024, the next five years will return 10.00% per annum.

TBI Dividends

TrueBlue Inc is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

TrueBlue Inc (NYSE:TBI)’s Major holders