Equities Analysts Issue Forecasts for TrueBlue Q1 Earnings

TrueBlue, Inc. (NYSE:TBI) – Equities researchers at Sidoti cut their Q1 2026 EPS estimates for shares of TrueBlue in a report released on Thursday, February 19th. Sidoti analyst M. Riddick now forecasts that the business services provider will post earnings per share of ($0.45) for the quarter, down from their previous estimate of $0.03. The consensus estimate for TrueBlue’s current full-year earnings is $0.15 per share. Sidoti also issued estimates for TrueBlue’s FY2026 earnings at $0.08 EPS.

TrueBlue (NYSE:TBI) last released its quarterly earnings results on Wednesday, February 18th. The business services provider reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.17). The firm had revenue of $418.18 million for the quarter, compared to analysts’ expectations of $413.31 million. TrueBlue had a negative return on equity of 6.87% and a negative net margin of 2.97%.

A number of other research analysts have also recently weighed in on TBI. BMO Capital Markets dropped their price objective on shares of TrueBlue from $8.00 to $6.00 and set an “outperform” rating for the company in a report on Wednesday, November 5th. Wall Street Zen downgraded shares of TrueBlue from a “hold” rating to a “sell” rating in a research note on Saturday. Weiss Ratings reiterated a “sell (d-)” rating on shares of TrueBlue in a research note on Monday, December 29th. Finally, Robert W. Baird set a $5.50 target price on TrueBlue in a research note on Thursday. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $5.75.

TrueBlue Stock Performance

Shares of TrueBlue stock opened at $3.70 on Monday. The stock has a market capitalization of $111.07 million, a price-to-earnings ratio of -2.31, a price-to-earnings-growth ratio of 3.31 and a beta of 1.48. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.15 and a quick ratio of 2.15. The business has a 50-day moving average of $4.87 and a 200 day moving average of $5.32. TrueBlue has a 12 month low of $3.45 and a 12 month high of $7.78.

Institutional Investors Weigh In On TrueBlue

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Boston Partners grew its holdings in shares of TrueBlue by 1,236.2% during the second quarter. Boston Partners now owns 547,528 shares of the business services provider’s stock worth $3,547,000 after buying an additional 506,550 shares during the last quarter. Bailard Inc. acquired a new stake in TrueBlue during the 2nd quarter worth approximately $996,000. Corton Capital Inc. purchased a new stake in shares of TrueBlue during the second quarter worth approximately $76,000. Prudential Financial Inc. lifted its holdings in shares of TrueBlue by 35.3% during the second quarter. Prudential Financial Inc. now owns 430,329 shares of the business services provider’s stock worth $2,789,000 after purchasing an additional 112,187 shares during the period. Finally, Azarias Capital Management L.P. grew its position in TrueBlue by 0.5% in the 4th quarter. Azarias Capital Management L.P. now owns 988,880 shares of the business services provider’s stock valued at $4,499,000 after buying an additional 5,169 shares during the last quarter. Hedge funds and other institutional investors own 97.15% of the company’s stock.

About TrueBlue

TrueBlue, Inc is a Tacoma, Washington–based workforce solutions provider specializing in temporary staffing, permanent placement and managed service solutions. Operating through its subsidiaries and brands, TrueBlue connects clients across manufacturing, logistics, retail, construction and public sector markets with skilled professionals for both short-term and long-term engagements. The company’s offerings encompass on-demand blue-collar labor, specialized industrial staffing, recruitment process outsourcing (RPO) and contingent workforce management.

TrueBlue’s primary service lines include PeopleReady, which supplies general labor for construction, hospitality and event services; PeopleManagement, which focuses on technical and industrial professionals; PeopleScout, a global RPO business offering end-to-end talent acquisition and consulting; and Staff Management | SMX, which delivers seasonal staffing for large-scale events, amusement parks and federal workforce contracts.