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Trueblue Inc   (NYSE: TBI)
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $8.9800 $-0.08 -0.883%
Day's High: $9.260000228881836 Week Perf: -8.83 %
Day's Low: $ 8.95 30 Day Perf: -9.48 %
Volume (M): 48,364 52 Wk High: $ 11.03
Volume (M$): $ 0 52 Wk Avg: $5.94
Open: $9.26 52 Wk Low: $3.18



 Market Capitalization (Millions $) 273
 Shares Outstanding (Millions) 30
 Employees 3,500
 Revenues (TTM) (Millions $) 1,692
 Net Income (TTM) (Millions $) -57
 Cash Flow (TTM) (Millions $) -8
 Capital Exp. (TTM) (Millions $) 13

Business Description


TrueBlue Inc is a leading provider of workforce solutions, serving industries such as construction, manufacturing, transportation, hospitality, and retail. The company was founded in 1985 in Tacoma, Washington, as Labor Ready Inc. and later changed its name to TrueBlue Inc in 200

TrueBlue has a strong presence in the United States and Canada, with over 600 locations and more than 2,000 employees. The company offers a variety of services, including temporary staffing, on-site management, recruitment, and training.

One of TrueBlue's key strengths is its focus on safety. The company has a comprehensive safety program that includes regular training, safety audits, and detailed safety guidelines. This commitment to safety has earned TrueBlue industry recognition, such as the Voluntary Protection Programs (VPP) Star certification from the Occupational Safety and Health Administration (OSHA).

TrueBlue is also known for its innovative technology solutions. The company has developed proprietary software that allows clients to manage their workforce needs more efficiently. This includes applications such as JobStack, a mobile app that enables workers to find, apply for, and accept jobs on the go. TrueBlue also offers Voxtur, a platform that uses artificial intelligence to improve the accuracy and efficiency of recruitment.

In addition to its focus on safety and technology, TrueBlue is committed to corporate social responsibility. The company has established several initiatives to support its communities and reduce its environmental impact, such as the TrueBlue Foundation, which provides grants to non-profit organizations. TrueBlue has also set ambitious sustainability goals, such as reducing greenhouse gas emissions by 20% by 2025.

Overall, TrueBlue Inc is a dynamic company that is committed to providing innovative workforce solutions while prioritizing safety and sustainability. Its diverse range of services, extensive network of locations, and advanced technology make it a leader in the staffing industry.


   Company Address: 1015 A Street Tacoma 98402 WA
   Company Phone Number: 383-9101   Stock Exchange / Ticker: NYSE TBI


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
HQI   -4.21%    
MAN   -8.61%    
RHI   -12.7%    
JBLU   -2.28%    
• View Complete Report
   



Product Service News

TrueBlue Optimizes Resources through Sale of PeopleReady's Canadian Staffing Business

Published Wed, Feb 21 2024 1:00 PM UTC

TrueBlue Announces Sale of PeopleReady s Canadian Staffing Business: Maximizing Value and Refocusing ResourcesIn a strategic move aimed at maximizing value and focusing on core operations, TrueBlue, a prominent provider of specialized workforce solutions, has recently revealed plans to sell its PeopleReady Canadian staffing business to Vertical Staffing Resources. While the...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.16
Price to Sales (Expected) -
Price to Book 1.07
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.52
Working Capital Ratio 2.51
Leverage Ratio (MRQ) 1.45
Total Debt to Equity 0.32
Interest Coverage (TTM) -
Debt Coverage (TTM) -

Per Share Current
Earnings (TTM) -1.89 $
Revenues (TTM) 55.63 $
Cash Flow (TTM) -
Cash 2.55 $
Book Value 8.37 $
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 483,416
Net Income per Employee (TTM) -16,176
Receivable Turnover Ratio (TTM) 6.72
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 2.63

Profitability Ratios Current
Gross Margin (MRQ) 20.67 %
Operating Margin (MRQ) -0.26 %
Net Margin (MRQ) -0.76 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) -
Return On Investment (TTM) -
Return On Equity (TTM) -
Dividend Yield -
Pay out Ratio (TTM) -



Trueblue Inc's Segments
PeopleReady    110.01 % of total Revenue
PeopleManagement    58.94 % of total Revenue
PeopleSolutions    21.02 % of total Revenue





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