Barrett Business Services, Inc. (NASDAQ:BBSI) announced a quarterly dividend on Monday, March 5th, Wall Street Journal reports. Investors of record on Friday, March 16th will be given a dividend of 0.25 per share by the business services provider on Friday, March 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Thursday, March 15th.
Barrett Business Services stock traded up $1.55 during mid-day trading on Thursday, reaching $85.36. 49,614 shares of the stock traded hands, compared to its average volume of 50,043. The stock has a market cap of $603.16, a PE ratio of 25.63 and a beta of 1.20. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.96 and a current ratio of 0.96. Barrett Business Services has a 12-month low of $44.52 and a 12-month high of $89.87.
Barrett Business Services (NASDAQ:BBSI) last posted its quarterly earnings data on Tuesday, February 27th. The business services provider reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.24. The company had revenue of $1.43 billion during the quarter. Barrett Business Services had a return on equity of 34.14% and a net margin of 2.73%. sell-side analysts predict that Barrett Business Services will post 4.54 EPS for the current fiscal year.
A number of research firms recently commented on BBSI. BidaskClub upgraded Barrett Business Services from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, March 13th. ValuEngine upgraded Barrett Business Services from a “buy” rating to a “strong-buy” rating in a research report on Monday. Finally, Roth Capital reiterated a “buy” rating and set a $105.00 price objective on shares of Barrett Business Services in a research report on Wednesday, March 7th.
Barrett Business Services Company Profile
Barrett Business Services, Inc provides business management solutions for small and medium-sized companies in the United States. The company has management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.
Receive News & Ratings for Barrett Business Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barrett Business Services and related companies with MarketBeat.com's FREE daily email newsletter.