(VIANEWS) – Shares of TrueBlue (NYSE: TBI) dropped by a staggering 13.6% to $14.93 at 11:48 EST on Tuesday, after five sequential sessions in a row of losses. NYSE is falling 0.87% to $15,471.41, following the last session’s upward trend. This seems, up to now, a somewhat down trend trading session today.
TrueBlue’s last close was $17.28, 40.29% under its 52-week high of $28.94.
About TrueBlue
TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company's PeopleReady segment provides general, industrial, and skilled trade staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries. Its PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes on-site management and recruitment for the contingent industrial workforce of manufacturing, warehouse, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The company's PeopleScout segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform which uses artificial intelligence and machine learning for real-time insights; and contingent labor programs including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company is headquartered in Tacoma, Washington.
Earnings Per Share
As for profitability, TrueBlue has a trailing twelve months EPS of $1.83.
PE Ratio
TrueBlue has a trailing twelve months price to earnings ratio of 8.16. Meaning, the purchaser of the share is investing $8.16 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.59%.
Volume
Today’s last reported volume for TrueBlue is 400115 which is 75.96% above its average volume of 227380.
Earnings Before Interest, Taxes, Depreciation, and Amortization
TrueBlue’s EBITDA is 46.75.
Yearly Top and Bottom Value
TrueBlue’s stock is valued at $14.93 at 11:48 EST, under its 52-week low of $15.77.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 100% and a negative 68.3%, respectively.
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