Barrett Business Services (BBSI) Scheduled to Post Quarterly Earnings on Wednesday

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Barrett Business Services (NASDAQ:BBSI) is set to announce its Q214 earnings results on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.93 per share and revenue of $787.00 million for the quarter.

Shares of Barrett Business Services (NASDAQ:BBSI) traded up 0.95% on Tuesday, hitting $50.77. 6,486 shares of the company’s stock traded hands. Barrett Business Services has a 52-week low of $41.96 and a 52-week high of $102.20. The stock’s 50-day moving average is $50.48 and its 200-day moving average is $59.63. The company has a market cap of $364.3 million and a P/E ratio of 22.19.

Several analysts have recently commented on the stock. Analysts at Lake Street Capital initiated coverage on shares of Barrett Business Services in a research note on Wednesday, July 2nd. They set a “buy” rating and a $75.00 price target on the stock. On a related note, analysts at Zacks upgraded shares of Barrett Business Services from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 1st. They now have a $48.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Barrett Business Services from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 13th. They now have a $46.30 price target on the stock.

Barrett Business Services, Inc is a provider of business management solutions, combining human resource outsourcing and professional management consulting.

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