TrueBlue Announces Earnings Results, Beats Estimates By 0.04 EPS
TBI Stock | USD 8.63 0.22 2.62% |
Under 54% of TrueBlue's traders are presently thinking to get in. The analysis of overall sentiment of trading TrueBlue stock suggests that some investors are interested at this time. TrueBlue's investing sentiment shows overall attitude of investors towards TrueBlue.
TrueBlue |
TrueBlue issued its quarterly earnings data on Monday. The business services provider reported EPS for the quarter, topping the consensus estimate of by 0.04, Briefing.com reports. TrueBlue had a negative net margin of 6.18 percent and a negative return on equity of 0.55. The business had revenue of 382.36
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TrueBlue Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards TrueBlue can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
TrueBlue Fundamental Analysis
We analyze TrueBlue's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TrueBlue using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TrueBlue based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Liabilities
Current Liabilities Comparative Analysis
TrueBlue is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
TrueBlue Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TrueBlue stock to make a market-neutral strategy. Peer analysis of TrueBlue could also be used in its relative valuation, which is a method of valuing TrueBlue by comparing valuation metrics with similar companies.
Peers
TrueBlue Related Equities
ISDR | Issuer Direct | 2.15 | ||||
ELMD | Electromed | 2.68 | ||||
EVI | EVI Industries | 2.71 | ||||
BGSF | BG Staffing | 3.01 | ||||
LGL | LGL | 4.04 |
Complementary Tools for TrueBlue Stock analysis
When running TrueBlue's price analysis, check to measure TrueBlue's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TrueBlue is operating at the current time. Most of TrueBlue's value examination focuses on studying past and present price action to predict the probability of TrueBlue's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrueBlue's price. Additionally, you may evaluate how the addition of TrueBlue to your portfolios can decrease your overall portfolio volatility.
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