
TrueBlue (TBI) Stock Forecast & Price Target
TrueBlue (TBI) Analyst Ratings
Bulls say
TrueBlue Inc. demonstrated a modest year-over-year revenue growth of 2%, primarily fueled by strong performance in the commercial sector, which experienced double-digit growth. Additionally, the company achieved a 50 basis point improvement in adjusted EBITDA margin, rising to 0.7%, reflecting the effectiveness of its strategic cost management initiatives. These factors, combined with the solid contribution from the PeopleReady segment, support a positive outlook for TrueBlue's financial performance moving forward.
Bears say
TrueBlue Inc. is experiencing a significant decline in financial performance, with an adjusted EBITDA margin that has dropped 320 basis points year-over-year to 5.2%, primarily due to reduced operating leverage linked to declining organic revenues. The company’s PeopleReady segment, which generates the majority of its revenue, reported a 5% year-over-year revenue decrease, surpassing the projected decline of 3%, indicating ongoing weakness across various client verticals. Additionally, TrueBlue's second-quarter report highlighted an adjusted loss per share of $(0.07), reflecting further financial distress and compounding investor concerns.
This aggregate rating is based on analysts' research of TrueBlue and is not a guaranteed prediction by Public.com or investment advice.
TrueBlue (TBI) Analyst Forecast & Price Prediction
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