Sidoti Cuts Earnings Estimates for Barrett Business Services

Barrett Business Services, Inc. (NASDAQ:BBSI) – Analysts at Sidoti decreased their Q4 2026 earnings per share (EPS) estimates for shares of Barrett Business Services in a research report issued on Thursday, November 5th. Sidoti analyst M. Riddick now forecasts that the business services provider will earn $0.53 per share for the quarter, down from their prior estimate of $0.55. The consensus estimate for Barrett Business Services’ current full-year earnings is $1.62 per share. Sidoti also issued estimates for Barrett Business Services’ Q2 2027 earnings at $0.64 EPS, Q3 2027 earnings at $0.72 EPS, Q1 2028 earnings at ($0.22) EPS, Q2 2028 earnings at $0.76 EPS and Q3 2028 earnings at $0.87 EPS.

A number of other analysts have also recently commented on the company. Barrington Research set a $44.00 price objective on Barrett Business Services in a research report on Thursday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Barrett Business Services in a report on Friday, October 9th. Zacks Research raised shares of Barrett Business Services from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Roth Capital cut shares of Barrett Business Services from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $42.00 to $38.00 in a research note on Thursday, August 6th. Finally, Citigroup reiterated an “outperform” rating on shares of Barrett Business Services in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Barrett Business Services presently has a consensus rating of “Moderate Buy” and an average target price of $41.00.

Barrett Business Services Stock Up 1.3%

Shares of NASDAQ:BBSI opened at $30.31 on Monday. The company has a market capitalization of $734.71 million, a P/E ratio of 19.24, a P/E/G ratio of 1.23 and a beta of 0.93. Barrett Business Services has a 52-week low of $25.33 and a 52-week high of $42.25. The stock’s fifty day simple moving average is $32.33 and its 200-day simple moving average is $32.82.

Barrett Business Services (NASDAQ:BBSI) last released its quarterly earnings results on Wednesday, November 4th. The business services provider reported $0.69 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.69. Barrett Business Services had a return on equity of 19.73% and a net margin of 2.44%. The company had revenue of $334.06 million during the quarter, compared to analysts’ expectations of $335.89 million.

Institutional Investors Weigh In On Barrett Business Services

A number of institutional investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in shares of Barrett Business Services during the 2nd quarter worth $72,793,000. Polar Asset Management Partners Inc. acquired a new position in Barrett Business Services in the first quarter valued at $8,316,000. Bank of America Corp DE acquired a new position in Barrett Business Services in the second quarter valued at $2,333,000. GSA Capital Partners LLP purchased a new stake in Barrett Business Services during the second quarter valued at about $2,401,000. Finally, Sei Investments Co. grew its position in Barrett Business Services by 102.5% during the first quarter. Sei Investments Co. now owns 168,356 shares of the business services provider’s stock valued at $4,913,000 after acquiring an additional 85,230 shares during the period. 86.76% of the stock is currently owned by hedge funds and other institutional investors.

Barrett Business Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 20th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, November 20th. Barrett Business Services’s dividend payout ratio (DPR) is presently 25.40%.

Barrett Business Services Company Profile

Barrett Business Services, Inc (BBSI) provides business management solutions for small and mid-sized companies in the United States. Its services are designed to help clients manage administrative responsibilities and improve operational efficiency while allowing them to focus on their core businesses.

The company operates primarily through a professional employer organization (PEO) model, providing payroll administration, human resources support, employee benefits administration, workers’ compensation services, and risk management.