TrueblueTBI
Market Cap: $221M
About: TrueBlue Inc is a provider of staffing and workforce management solutions. Its reportable segments include PeopleReady offers industrial staffing services. PeopleManagement offers contingent and productivity-based on-site industrial staffing services and PeopleScout offers recruitment process outsourcing, talent advisory services, and managed service provider services. It generates maximum revenue from the PeopleReady segment.
Employees: 5,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
600% more call options, than puts
Call options by funds: $7K | Put options by funds: $1K
1.14% less ownership
Funds ownership: 95.49% [Q1] → 94.35% (-1.14%) [Q2]
12% less funds holding
Funds holding: 136 [Q1] → 120 (-16) [Q2]
12% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 50
21% less capital invested
Capital invested by funds: $375M [Q1] → $297M (-$78.4M) [Q2]
47% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 34
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
BMO Capital Jeffrey Silber 43% 1-year accuracy 12 / 28 met price target | 62%upside $12 | Outperform Maintained | 7 Aug 2024 |
BMO Capital Jeffrey Silber 43% 1-year accuracy 12 / 28 met price target | 76%upside $13 | Outperform Maintained | 17 Jun 2024 |