TrueBlue, Inc.

NYSE:TBI Voorraadrapport

Marktkapitalisatie: US$169.0m

TrueBlue Beheer

Beheer criteriumcontroles 2/4

De CEO TrueBlue is Taryn Owen, benoemd in Sep2022, heeft een ambtstermijn van 3.67 jaar. De totale jaarlijkse vergoeding van { bedraagt $ 4.61M, bestaande uit 20.6% salaris en 79.4% bonussen, inclusief aandelen en opties van het bedrijf. bezit rechtstreeks 0.73% van de aandelen van het bedrijf, ter waarde $ 1.23M. De gemiddelde ambtstermijn van het managementteam en de raad van bestuur bedraagt respectievelijk 2.6 jaar en 4.6 jaar.

Belangrijke informatie

Taryn Owen

Algemeen directeur

US$4.6m

Totale compensatie

Percentage CEO-salaris20.59%
Dienstverband CEO3.7yrs
Eigendom CEO0.7%
Management gemiddelde ambtstermijn2.6yrs
Gemiddelde ambtstermijn bestuur4.6yrs

Recente managementupdates

Recent updates

Seeking Alpha • Feb 20

TrueBlue: A Contrarian Bet I'm Willing To Make (Upgrade)

Summary TrueBlue, Inc. posted 5% organic growth and 8% total revenue growth to $418M. TBI energy revenue surged 60%, doubling two straight quarters, now 15% of the mix. Q1 guide: 3%–9% revenue growth. TBI stock's valuation is deeply discounted at 0.13x EV/sales. Commercial driver business grew for 8 straight quarters. Read the full article on Seeking Alpha
Analyseartikel • Feb 03

The Market Lifts TrueBlue, Inc. (NYSE:TBI) Shares 25% But It Can Do More

TrueBlue, Inc. ( NYSE:TBI ) shareholders would be excited to see that the share price has had a great month, posting a...
Analyseartikel • Jan 16

Is TrueBlue (NYSE:TBI) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analyseartikel • Nov 06

US$7.67: That's What Analysts Think TrueBlue, Inc. (NYSE:TBI) Is Worth After Its Latest Results

As you might know, TrueBlue, Inc. ( NYSE:TBI ) just kicked off its latest quarterly results with some very strong...
Analyseartikel • Sep 17

Is TrueBlue (NYSE:TBI) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analyseartikel • May 07

Is TrueBlue (NYSE:TBI) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analyseartikel • Mar 11

Benign Growth For TrueBlue, Inc. (NYSE:TBI) Underpins Stock's 25% Plummet

To the annoyance of some shareholders, TrueBlue, Inc. ( NYSE:TBI ) shares are down a considerable 25% in the last...
Analyseartikel • Jul 17

Benign Growth For TrueBlue, Inc. (NYSE:TBI) Underpins Its Share Price

You may think that with a price-to-sales (or "P/S") ratio of 0.2x TrueBlue, Inc. ( NYSE:TBI ) is a stock worth checking...
Analyseartikel • Feb 23

Is TrueBlue, Inc. (NYSE:TBI) Trading At A 34% Discount?

Key Insights TrueBlue's estimated fair value is US$16.77 based on 2 Stage Free Cash Flow to Equity Current share price...
Seeking Alpha • Dec 14

TrueBlue: A Suspect Rebound

Summary TrueBlue, Inc. shares have rebounded off of 13-year lows despite a steady decline in the company's top line since 2016. The company operates in the contingent workforce solutions industry, with three reporting segments: PeopleReady, PeopleScout, and PeopleManagement. TrueBlue faces challenges in a highly fragmented staffing market and has experienced declining revenue, making it a risky investment despite the recent rally. An analysis of TrueBlue follows in the paragraphs below. Read the full article on Seeking Alpha
Seeking Alpha • Oct 10

TrueBlue: Failing Strategy And Market Share Loss

Summary TBI has struggled to achieve consistent growth, with a dismal 2% average growth rate and a (5)% average decline in EBITDA. We believe the company lacks differentiation in a highly competitive industry. Management was focused on developing its outsourcing capabilities, and this has ultimately failed. With digitalization spreading through the industry and a fundamental shift in industry dynamics, we believe TBI’s position will only worsen. The company’s recent performance has been disastrous, with macro conditions weighing heavily on TBI. One would expect TBI to be trading at a substantial discount, but this is not the case. We see further downside ahead. Read the full article on Seeking Alpha
Seeking Alpha • Jul 25

TrueBlue's Q2 2023 Woes: Blue Skies Turn Grey

Summary TrueBlue Inc.'s Q2 2023 earnings report showed a significant decline in revenue and net income, signaling potential structural issues within the company. Despite a strong balance sheet and positive EPS yield, the company's declining revenues, shrinking margins, and dismal growth forecasts raise concerns about its future outlook. The stock is currently underperforming compared to the broader market, with a negative pre-market reaction highlighting market apprehensions about TrueBlue's future prospects. Read the full article on Seeking Alpha
Analyseartikel • May 23

Here's What's Concerning About TrueBlue's (NYSE:TBI) Returns On Capital

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Analyseartikel • Apr 26

When Should You Buy TrueBlue, Inc. (NYSE:TBI)?

While TrueBlue, Inc. ( NYSE:TBI ) might not be the most widely known stock at the moment, it received a lot of...
Seeking Alpha • Feb 17

TrueBlue: Low Unemployment Is Not Good News For This Staffing Company

Summary Though the unemployment rate is at a 53-year low, ironically the staffing industry is facing the headwinds of macroeconomic uncertainty. TBI became debt-free in 2022, a rare feat in the human resources and employment services industry. Its Revenue and EPS estimates have faced four downward revisions since April 2022. Despite the revisions, a strong financial position makes my current opinion on TBI a Hold. Thesis & Introduction One might think that human resources and employment services companies would flourish given the unemployment rate hitting a 53-year low in the United States. Ironically, these businesses are finding it difficult to sustain their revenues and margins. TrueBlue, Inc. (TBI) hasn't been able to recover since the pandemic rout in 2020, even after a strong bounce back by the economy in 2021. Its sales in 2022 ($2.3B) have grown almost 17% compared to 2020 ($1.8B) but are still way below average sales of $2.5B from 2015 to 2019. This is not surprising given the declining revenues of the company since 2017, when sales hit an all-time high of $2.7B, only to come down to $2.3B in 2019. This may indicate that the company has found it difficult to acquire new clients and penetrate existing and/or new markets. With the recession still not being out of the question, 2023 is only going to get tougher for TrueBlue. Though other major companies in the industry are in a similar position, TBI has faced four down revisions in revenue as well as EPS since April 2022, further validating a difficult road ahead for the company in 2023 and 2024. Seeking Alpha TBI operates in three segments: PeopleReady ((PR)), PeopleManagement ((PM)), and PeopleScout ((PS)). PR provides staffing solutions for blue-collar industries, while PM provides contingent labor and outsourced industrial workforce solutions. PS offers permanent employee recruitment process outsourcing and manages contingent labor programs. Industry Analysis As companies in the staffing industry compete for distinction, they often seek to differentiate themselves through their legacy of service, sectoral expertise, investments in technology, and singular systems and protocols. As per the recent earnings presentation, the executives of TrueBlue have conveyed their intention to digitalize PeopleReady, their highest revenue-generating segment, which they believe will allow them to outperform less established rivals and lower their operational expenses. The workforce solutions sector is inherently cyclical and susceptible to shifts in demand for temporary staffing services, influenced by the fluctuations of the economy and seasonal patterns. This partly explains the downward revisions of revenue and EPS due to increasing uncertainty about economic and political outlooks since the beginning of 2022. Debt-free with financial stability The company, in 2022, attained a monumental feat by eradicating its debts and becoming one of the few debt-free entities in the staffing industry. This development has allowed for the redirection of its prior interest expenses, exceeding $1.5M, and with net margins as low as 2.8%, it will create more value for common stockholders. Despite abstaining from distributing dividends, the company has demonstrated its financial stability and commitment to its equity shareholders by repurchasing shares worth an average of $40M annually over the past five years. The company's tangible book value per share stands at $11.89, resulting in a price to tangible book value ratio of 1.5, significantly below the industry average of 3.7, making it undervalued. Despite challenges with its top line, the company has maintained robust operating and overall cash flows, reflected in its current and quick ratios of 1.8 and 1.6, respectively, surpassing the industry averages of 1.5 and 1.2. Revenue and margins, both at risk As per the latest earnings presentation, the company will have a reduction in revenue during the first and second quarters of 2023 compared to 2022, which will be roughly 7% and 4% respectively. This serves as the final piece of the puzzle that explains the downward revision of revenue from $2.51 billion in April 2022 to $2.03 billion recently, and earnings per share from $2.51 to $0.85. The shares of the company also haven't seen much volatility in a decade where prices ranged from $13 to $31 and the current price of $18.37 is the same as it was ten years before. This is due to the fact that more than 90% of shares in the company are held by institutional investors, which usually works in favor of the company. However, low insider shareholding (1.8% only) often raises concerns about the management's confidence in the company. As stated earlier, the company is working with very thin margins of 2.8%, which is significantly below the industry average of 9.6%. As almost 60% of revenue comes from the PR segment, which is also their second-highest profit margin segment, the chances of them shrinking further are reasonably high. Adding to that, the company also expects $3M worth of PeopleReady technology upgrade cost, further threatening their margins. Seeking Alpha Valuation Companies in the human resources and employment services industry trade at a median P/E multiple of 15.1x while their average P/E is 17.2x. On the other hand, TBI is trading at a P/E multiple of only 9.8x. For valuing TBI, I will proceed with 15.1x as it is closer to its current P/E. Particulars Value Normalized net income ((TTM)) $45.0M P/E GAAP ((TTM)) 15.1x Value of equity $680.3M Number of outstanding shares 32.7M Intrinsic value $20.8
Seeking Alpha • Feb 01

TrueBlue GAAP EPS of $0.21 misses by $0.07, revenue of $558M misses by $4.93M

TrueBlue press release (NYSE:TBI): Q4 GAAP EPS of $0.21 misses by $0.07. Revenue of $558M (-10.3% Y/Y) misses by $4.93M.

Analyse CEO-vergoeding

Hoe is Taryn Owen's beloning veranderd ten opzichte van TrueBlue's winst?
DatumTotale vergoedingSalarisBedrijfswinsten
Mar 29 2026n/an/a

-US$53m

Dec 28 2025US$5mUS$950k

-US$48m

Sep 28 2025n/an/a

-US$28m

Jun 29 2025n/an/a

-US$34m

Mar 30 2025n/an/a

-US$138m

Dec 29 2024US$4mUS$860k

-US$126m

Sep 29 2024n/an/a

-US$117m

Jun 30 2024n/an/a

-US$109m

Mar 31 2024n/an/a

-US$12m

Dec 31 2023US$3mUS$767k

-US$14m

Sep 24 2023n/an/a

-US$5m

Jun 25 2023n/an/a

US$16m

Mar 26 2023n/an/a

US$47m

Dec 25 2022US$3mUS$660k

US$62m

Sep 25 2022n/an/a

US$75m

Jun 26 2022n/an/a

US$73m

Mar 27 2022n/an/a

US$65m

Dec 26 2021US$3mUS$521k

US$62m

Sep 26 2021n/an/a

US$49m

Jun 27 2021n/an/a

US$40m

Mar 28 2021n/an/a

US$16m

Dec 27 2020US$2mUS$455k

-US$142m

Sep 27 2020n/an/a

-US$141m

Jun 28 2020n/an/a

-US$123m

Mar 29 2020n/an/a

-US$96m

Dec 29 2019US$963kUS$400k

US$63m

Compensatie versus markt: De totale vergoeding ($USD 4.61M ) Taryn } ligt boven het gemiddelde voor bedrijven van vergelijkbare omvang in de US markt ($USD 1.66M ).

Compensatie versus inkomsten: De vergoeding van Taryn is gestegen terwijl het bedrijf verliesgevend is.

CEO

Taryn Owen (46 yo)

3.7yrs
Tenure
US$4,614,104
Compensatie

Ms. Taryn R. Owen is CEO, President & Director of TrueBlue, Inc. from September 12, 2023. Ms. Owen is President & CEO of The True Blue Company, LLC from September 2023. Prior to that, she was named Preside...

Leiderschapsteam

NaamPositieTenureCompensatieEigendom
Taryn Owen
CEO, President & Director3.7yrsUS$4.61m0.73%
$ 1.2m
Carl Schweihs
EVP & CFO2.6yrsUS$1.77m0.94%
$ 1.6m
Garrett Ferencz
Executive VP & General Counsel5.8yrsUS$1.60m0.77%
$ 1.3m
Richard Betori
Executive VP & President of PeopleScout3.2yrsUS$1.25m0.53%
$ 890.0k
Brian Capone
Senior VP & Chief Accounting Officerless than a yeargeen gegevensgeen gegevens
Caroline Sabetti
Senior VP and Chief Marketing & Communications Officer3.2yrsgeen gegevensgeen gegevens
Greg Netolicky
Senior VP & Chief People Officer2.6yrsgeen gegevensgeen gegevens
Jeff Dirks
SVP & Chief Digital Officer2.1yrsgeen gegevensgeen gegevens
Anthony Brew
Chief Diversity Officer3.2yrsgeen gegevensgeen gegevens
Jerry Wimer
SVP of Onsite Staffing & President of People Management2.6yrsgeen gegevensgeen gegevens
Mike Kruszewski
Senior VP & President of PeopleReady On-Demandless than a yeargeen gegevensgeen gegevens
Jill Quinn
Senior VP and President of Centerline & Skilled Tradesless than a yeargeen gegevensgeen gegevens
2.6yrs
Gemiddelde duur
48yo
Gemiddelde leeftijd

Ervaren management: Het managementteam van TBI wordt beschouwd als ervaren (gemiddelde ambtstermijn 2.6 jaar).

Bestuursleden

NaamPositieTenureCompensatieEigendom
Taryn Owen
CEO, President & Director2.7yrsUS$4.61m0.73%
$ 1.2m
William Greenblatt
Independent Directorless than a yeargeen gegevensgeen gegevens
Kristi Savacool
Independent Director7.8yrsUS$224.32k0.022%
$ 36.7k
Robert Kreidler
Independent Chairman5.8yrsUS$207.03k0.045%
$ 76.3k
Paul Reitz
Independent Director2.8yrsUS$207.03k0.045%
$ 75.5k
Kim Jones
Independent Director10yrsUS$230.08k0.018%
$ 29.7k
Sonita Lontoh
Independent Director4.6yrsUS$207.03k0.099%
$ 167.9k
William Goings
Independent Director10.1yrsUS$230.08kgeen gegevens
William Seward
Independent Directorless than a yeargeen gegevensgeen gegevens
4.6yrs
Gemiddelde duur
61yo
Gemiddelde leeftijd

Ervaren bestuur: De raad van bestuur van TBI wordt beschouwd als ervaren (gemiddelde ambtstermijn 4.6 jaar).

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/05/25 04:21
Aandelenkoers aan het einde van de dag2026/05/22 00:00
Inkomsten2026/03/29
Jaarlijkse inkomsten2025/12/28

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

TrueBlue, Inc. wordt gevolgd door 8 analisten. 1 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
Mark MarconBaird
Sara GubinsBofA Global Research
Paul GinocchioDeutsche Bank