BBSI
BBSI 2-star rating from Upturn Advisory

Barrett Business Services Inc (BBSI)

Barrett Business Services Inc (BBSI) 2-star rating from Upturn Advisory
$40.72
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Upturn Advisory Summary

11/05/2025: BBSI (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

1 star rating from financial analysts

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $51.5

1 Year Target Price $51.5

Analysts Price Target For last 52 week
$51.5 Target price
52w Low $37.32
Current$40.72
52w High $49.65

Analysis of Past Performance

Type Stock
Historic Profit 57.57%
Avg. Invested days 116
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 5.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.03B USD
Price to earnings Ratio 19.92
1Y Target Price 51.5
Price to earnings Ratio 19.92
1Y Target Price 51.5
Volume (30-day avg) 4
Beta 0.98
52 Weeks Range 37.32 - 49.65
Updated Date 11/4/2025
52 Weeks Range 37.32 - 49.65
Updated Date 11/4/2025
Dividends yield (FY) 0.79%
Basic EPS (TTM) 2.02

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-10-29
When -
Estimate 0.83
Actual -

Profitability

Profit Margin 4.49%
Operating Margin (TTM) 5.17%

Management Effectiveness

Return on Assets (TTM) 5.61%
Return on Equity (TTM) 25.36%

Valuation

Trailing PE 19.92
Forward PE 18.45
Enterprise Value 1073626432
Price to Sales(TTM) 0.86
Enterprise Value 1073626432
Price to Sales(TTM) 0.86
Enterprise Value to Revenue 0.9
Enterprise Value to EBITDA 13.33
Shares Outstanding 25689563
Shares Floating 7217436
Shares Outstanding 25689563
Shares Floating 7217436
Percent Insiders 4.22
Percent Institutions 90.84

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Barrett Business Services Inc

Barrett Business Services Inc(BBSI) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Barrett Business Services, Inc. (BBSI) was founded in 1951. Initially focused on staffing, it evolved into a professional employer organization (PEO) providing comprehensive HR solutions. Key milestones include expanding service offerings, geographic growth, and navigating regulatory changes in the PEO industry.

Company business area logo Core Business Areas

  • PEO Services: BBSI's core offering: comprehensive HR outsourcing. It includes payroll administration, employee benefits, workers' compensation insurance, risk management, and HR consulting for small and medium-sized businesses (SMBs).
  • Staffing Services: Provides temporary and permanent staffing solutions to clients across various industries. This is a smaller segment of their overall business compared to PEO.

leadership logo Leadership and Structure

BBSI is led by its CEO, Gary Kramer. The organizational structure comprises executive management overseeing various departments like operations, finance, sales, and marketing. The company operates through a network of branch offices across the US.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • PEO Services: Comprehensive HR outsourcing solutions for SMBs. BBSI does not publish precise market share figures. The PEO industry is highly fragmented. Competitors include ADP, Paychex, Insperity, and TriNet.
  • Staffing Services: Temporary and permanent staffing solutions. Revenue numbers not typically disclosed individually. Competitors include Robert Half International, ManpowerGroup, and Adecco.

Market Dynamics

industry overview logo Industry Overview

The PEO industry is growing, driven by increasing regulatory complexities, the need for specialized HR expertise, and the desire of SMBs to focus on core business activities. Staffing services are cyclical and tied to economic conditions.

Positioning

BBSI positions itself as a trusted advisor to SMBs, emphasizing its consultative approach and local presence. Its competitive advantages include its expertise in workers' compensation and its focus on high-touch customer service.

Total Addressable Market (TAM)

The TAM for the PEO industry is estimated to be in the hundreds of billions of dollars annually. BBSI, with its current revenue, captures a small percentage of this TAM, indicating significant growth potential.

Upturn SWOT Analysis

Strengths

  • Strong expertise in workers' compensation
  • High-touch customer service approach
  • Established network of branch offices
  • Focus on SMBs
  • Long-standing relationships with clients

Weaknesses

  • Concentration risk in certain geographic regions
  • Exposure to workers' compensation claims volatility
  • Smaller scale compared to larger PEO providers
  • Reliance on economic conditions
  • Pricing pressure

Opportunities

  • Expanding into new geographic markets
  • Acquiring smaller PEOs
  • Developing new service offerings
  • Leveraging technology to improve efficiency
  • Increasing adoption of PEO services by SMBs

Threats

  • Economic downturns
  • Increased competition from larger PEOs
  • Changes in labor laws and regulations
  • Rising workers' compensation costs
  • Cybersecurity risks

Competitors and Market Share

Key competitor logo Key Competitors

  • ADP (ADP)
  • Paychex (PAYX)
  • Insperity (NSP)
  • TriNet (TNET)

Competitive Landscape

BBSI's advantages include its workers comp expertise and customer service, but disadvantages are smaller scale and geographic concentration compared to the larger competitors.

Major Acquisitions

Morgan Hill Company

  • Year: 2021
  • Acquisition Price (USD millions): 10.5
  • Strategic Rationale: Expand BBSI's presence in California and add scale to its existing operations.

Growth Trajectory and Initiatives

Historical Growth: BBSI's growth is driven by organic sales and strategic acquisitions over the past years.

Future Projections: Analyst estimates regarding revenue growth, EPS targets, and market share increase will be reviewed and presented.

Recent Initiatives: Recent initiatives may include technology investments, market expansion, and new service launches. Further information will be presented.

Summary

BBSI demonstrates strength in its niche PEO services for SMBs, particularly in workers' compensation. Its high-touch approach fosters customer loyalty. Challenges include navigating economic cycles, competing with larger PEOs, and managing workers' compensation claim volatility. Expansion and technology investments present growth opportunities for BBSI.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Industry Reports
  • Analyst Reports

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Barrett Business Services Inc

Exchange NASDAQ
Headquaters Vancouver, WA, United States
IPO Launch date 1993-06-11
President, CEO & Director Mr. Gary Edward Kramer Jr.
Sector Industrials
Industry Staffing & Employment Services
Full time employees 135727
Full time employees 135727

Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. It develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. The company also offers professional employer services under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers compensation coverage, and other administration functions for the client's existing workforce. In addition, it provides staffing and recruiting services, such as on-demand or short-term staffing assignment, contract staffing, direct placement, and long-term or indefinite-term on-site management services. The company serves customers in various industries, including construction, manufacturing, transportation and warehousing, waste management and remediation services, retail, leisure and hospitality, and wholesale trade. Barrett Business Services, Inc. was incorporated in 1965 and is headquartered in Vancouver, Washington.