TrueBlue (TBI) Stock Forecast, Price Target & Predictions
TBI Stock Forecast
TrueBlue stock forecast is as follows: an average price target of $12.50 (represents a 82.22% upside from TBI’s last price of $6.86) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
TBI Price Target
The average price target for TrueBlue (TBI) is $12.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $12.00. This represents a potential 82.22% upside from TBI's last price of $6.86.
TBI Analyst Ratings
According to 1 Wall Street analysts, TrueBlue's rating consensus is 'Buy'. The analyst rating breakdown for TBI stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
TrueBlue Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 07, 2024 | Jeffrey Silber | BMO Capital | $12.00 | $7.89 | 52.09% | 74.93% |
| May 07, 2024 | Jeffrey Silber | BMO Capital | $13.00 | $10.63 | 22.30% | 89.50% |
| May 07, 2024 | Mark Marcon | Robert W. Baird | $13.00 | $10.59 | 22.76% | 89.50% |
The latest TrueBlue stock forecast, released on Aug 07, 2024 by Jeffrey Silber from BMO Capital, set a price target of $12.00, which represents a 52.09% increase from the stock price at the time of the forecast ($7.89), and a 74.93% increase from TBI last price ($6.86).
TrueBlue Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $12.67 |
| Last Closing Price | $6.86 | $6.86 | $6.86 |
| Upside/Downside | -100.00% | -100.00% | 84.69% |
In the current month, the average price target of TrueBlue stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TrueBlue's last price of $6.86. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 07, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jun 17, 2024 | BMO Capital | Outperform | Outperform | Hold |
| May 07, 2024 | BMO Capital | Outperform | Outperform | Hold |
| May 22, 2023 | BMO Capital | - | Outperform | Upgrade |
TrueBlue's last stock rating was published by BMO Capital on Aug 07, 2024. The company gave TBI a "Outperform" rating, the same as its previous rate.
TrueBlue Financial Forecast
TrueBlue Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $124.17M | $130.49M | $465.29M | $557.70M | $575.72M | $569.25M | $551.51M | $621.93M | $577.03M | $515.96M | $458.71M | $518.63M | $474.53M | $358.94M | $494.25M | $591.04M | $636.79M |
| Avg Forecast | $348.68M | $352.27M | $355.90M | $359.56M | $406.19M | $395.51M | $382.40M | $369.25M | $385.04M | $386.07M | $414.49M | $400.24M | $472.53M | $488.90M | $496.11M | $465.30M | $560.80M | $587.22M | $572.77M | $531.28M | $582.21M | $572.12M | $506.55M | $451.47M | $498.08M | $454.43M | $347.16M | $498.87M | $601.26M | $624.57M |
| High Forecast | $354.46M | $358.11M | $361.80M | $365.52M | $412.92M | $402.06M | $388.73M | $375.37M | $391.42M | $387.56M | $414.49M | $400.24M | $480.36M | $493.96M | $504.33M | $473.00M | $570.09M | $587.22M | $572.77M | $531.28M | $582.21M | $572.12M | $506.55M | $451.47M | $498.08M | $454.43M | $347.16M | $498.87M | $601.26M | $624.57M |
| Low Forecast | $344.20M | $347.74M | $351.32M | $354.94M | $400.96M | $390.42M | $377.48M | $364.50M | $380.09M | $384.58M | $414.49M | $400.24M | $466.45M | $485.78M | $489.73M | $459.31M | $553.59M | $587.22M | $572.77M | $531.28M | $582.21M | $572.12M | $506.55M | $451.47M | $498.08M | $454.43M | $347.16M | $498.87M | $601.26M | $624.57M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.25% | 0.26% | 1.00% | 0.99% | 0.98% | 0.99% | 1.04% | 1.07% | 1.01% | 1.02% | 1.02% | 1.04% | 1.04% | 1.03% | 0.99% | 0.98% | 1.02% |
TrueBlue's average Quarter revenue forecast for Dec 23 based on 1 analysts is $472.53M, with a low forecast of $466.45M, and a high forecast of $480.36M. TBI's average Quarter revenue forecast represents a 280.54% increase compared to the company's last Quarter revenue of $124.17M (Sep 23).
TrueBlue EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.24M | $880.00K | $468.00K | $14.12M | $31.57M | $36.50M | $19.28M | $29.11M | $27.75M | $25.96M | $13.17M | $17.17M | $20.36M | $-12.45M | $9.58M | $16.36M | $37.94M |
| Avg Forecast | $5.14M | $5.19M | $5.25M | $5.30M | $5.99M | $5.83M | $5.64M | $5.44M | $5.68M | $5.69M | $6.11M | $21.96M | $6.96M | $7.21M | $7.31M | $19.96M | $15.61M | $30.11M | $29.37M | $15.78M | $29.85M | $29.33M | $25.97M | $76.30M | $25.54M | $23.30M | $17.80M | $-335.35M | $30.83M | $32.02M |
| High Forecast | $5.22M | $5.28M | $5.33M | $5.39M | $6.09M | $5.93M | $5.73M | $5.53M | $5.77M | $5.71M | $6.11M | $26.35M | $7.08M | $7.28M | $7.43M | $23.95M | $18.74M | $30.11M | $29.37M | $18.93M | $29.85M | $29.33M | $25.97M | $91.56M | $25.54M | $23.30M | $17.80M | $-268.28M | $30.83M | $32.02M |
| Low Forecast | $5.07M | $5.13M | $5.18M | $5.23M | $5.91M | $5.75M | $5.56M | $5.37M | $5.60M | $5.67M | $6.11M | $17.56M | $6.87M | $7.16M | $7.22M | $15.97M | $12.49M | $30.11M | $29.37M | $12.62M | $29.85M | $29.33M | $25.97M | $61.04M | $25.54M | $23.30M | $17.80M | $-402.42M | $30.83M | $32.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.59% | 0.12% | 0.02% | 0.90% | 1.05% | 1.24% | 1.22% | 0.98% | 0.95% | 1.00% | 0.17% | 0.67% | 0.87% | -0.70% | -0.03% | 0.53% | 1.18% |
1 analysts predict TBI's average Quarter EBITDA for Dec 23 to be $6.96M, with a high of $7.08M and a low of $6.87M. This is 64.34% upper than TrueBlue's previous annual EBITDA (Sep 23) of $4.24M.
TrueBlue Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-10.00K | $-7.32M | $-4.29M | $7.04M | $20.70M | $24.01M | $10.52M | $20.21M | $18.64M | $15.88M | $6.90M | $8.03M | $8.79M | $-8.17M | $-150.49M | $8.71M | $26.68M |
| Avg Forecast | $9.51M | $8.91M | $5.94M | $4.16M | $2.77M | $1.09M | $-1.88M | $-5.35M | $-4.83M | $-4.60M | $-1.42M | $11.38M | $297.04K | $6.97M | $6.68M | $10.35M | $9.67M | $22.69M | $16.24M | $8.18M | $12.97M | $18.13M | $11.38M | $38.28M | $5.40M | $1.40M | $-12.63M | $-304.75M | $12.32M | $20.15M |
| High Forecast | $9.71M | $9.10M | $6.07M | $4.25M | $2.83M | $1.11M | $-1.85M | $-5.26M | $-4.75M | $-4.53M | $-1.39M | $13.66M | $303.44K | $9.09M | $6.83M | $12.42M | $11.60M | $22.69M | $16.24M | $9.82M | $12.97M | $18.13M | $11.38M | $45.94M | $5.40M | $1.40M | $-12.63M | $-243.80M | $12.32M | $20.15M |
| Low Forecast | $9.35M | $8.76M | $5.84M | $4.09M | $2.73M | $1.07M | $-1.92M | $-5.46M | $-4.93M | $-4.70M | $-1.45M | $9.11M | $292.07K | $4.55M | $6.57M | $8.28M | $7.73M | $22.69M | $16.24M | $6.55M | $12.97M | $18.13M | $11.38M | $30.63M | $5.40M | $1.40M | $-12.63M | $-365.70M | $12.32M | $20.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.00% | -1.10% | -0.41% | 0.73% | 0.91% | 1.48% | 1.29% | 1.56% | 1.03% | 1.40% | 0.18% | 1.49% | 6.30% | 0.65% | 0.49% | 0.71% | 1.32% |
TrueBlue's average Quarter net income forecast for Mar 23 is $10.35M, with a range of $8.28M to $12.42M. TBI's average Quarter net income forecast represents a 46.91% increase compared to the company's last Quarter net income of $7.04M (Dec 22).
TrueBlue SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $120.72M | $121.28M | $122.64M | $133.73M | $124.35M | $122.03M | $120.57M | $137.66M | $118.75M | $110.51M | $97.40M | $103.63M | $90.10M | $97.20M | $117.38M | $133.98M | $131.19M |
| Avg Forecast | $79.28M | $80.10M | $80.92M | $81.76M | $92.36M | $89.93M | $86.95M | $83.96M | $87.55M | $87.78M | $94.24M | $130.49M | $107.44M | $111.16M | $112.81M | $118.63M | $65.86M | $133.52M | $130.23M | $93.78M | $132.38M | $130.09M | $115.18M | $102.65M | $113.25M | $103.33M | $78.94M | $113.43M | $136.71M | $142.01M |
| High Forecast | $80.60M | $81.43M | $82.26M | $83.11M | $93.89M | $91.42M | $88.39M | $85.35M | $89.00M | $88.12M | $94.24M | $156.59M | $109.22M | $112.31M | $114.67M | $142.35M | $79.03M | $133.52M | $130.23M | $112.53M | $132.38M | $130.09M | $115.18M | $102.65M | $113.25M | $103.33M | $78.94M | $113.43M | $136.71M | $142.01M |
| Low Forecast | $78.26M | $79.07M | $79.88M | $80.71M | $91.17M | $88.77M | $85.83M | $82.88M | $86.42M | $87.44M | $94.24M | $104.39M | $106.06M | $110.45M | $111.35M | $94.90M | $52.68M | $133.52M | $130.23M | $75.02M | $132.38M | $130.09M | $115.18M | $102.65M | $113.25M | $103.33M | $78.94M | $113.43M | $136.71M | $142.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.08% | 1.03% | 2.03% | 0.93% | 0.94% | 1.29% | 1.04% | 0.91% | 0.96% | 0.95% | 0.92% | 0.87% | 1.23% | 1.03% | 0.98% | 0.92% |
TrueBlue's average Quarter SG&A projection for Dec 23 is $107.44M, based on 1 Wall Street analysts, with a range of $106.06M to $109.22M. The forecast indicates a -10.99% fall compared to TBI last annual SG&A of $120.72M (Sep 23).
TrueBlue EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.00 | $-0.24 | $-0.13 | $0.22 | $0.64 | $0.73 | $0.31 | $0.58 | $0.53 | $0.46 | $0.20 | $0.23 | $0.25 | $-0.23 | $-4.04 | $0.23 | $0.69 |
| Avg Forecast | $0.32 | $0.30 | $0.20 | $0.14 | $0.09 | $0.04 | $-0.06 | $-0.18 | $-0.16 | $-0.15 | $-0.05 | $-0.37 | $0.01 | $0.23 | $0.23 | $-0.11 | $0.44 | $0.75 | $0.54 | $0.35 | $0.43 | $0.60 | $0.38 | $-0.04 | $0.18 | $0.05 | $-0.42 | $0.04 | $0.41 | $0.66 |
| High Forecast | $0.33 | $0.31 | $0.20 | $0.14 | $0.10 | $0.04 | $-0.06 | $-0.18 | $-0.16 | $-0.15 | $-0.05 | $-0.36 | $0.01 | $0.31 | $0.23 | $-0.11 | $0.45 | $0.75 | $0.54 | $0.35 | $0.43 | $0.60 | $0.38 | $-0.04 | $0.18 | $0.05 | $-0.42 | $0.04 | $0.41 | $0.66 |
| Low Forecast | $0.31 | $0.29 | $0.20 | $0.14 | $0.09 | $0.04 | $-0.06 | $-0.18 | $-0.17 | $-0.16 | $-0.05 | $-0.38 | $0.01 | $0.15 | $0.22 | $-0.11 | $0.44 | $0.75 | $0.54 | $0.35 | $0.43 | $0.60 | $0.38 | $-0.04 | $0.18 | $0.05 | $-0.42 | $0.04 | $0.41 | $0.66 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.00% | -1.07% | 1.18% | 0.50% | 0.86% | 1.36% | 0.87% | 1.36% | 0.89% | 1.23% | -4.46% | 1.29% | 5.43% | 0.55% | -91.46% | 0.57% | 1.04% |
According to 2 Wall Street analysts, TrueBlue's projected average Quarter EPS for Mar 23 is $-0.11, with a low estimate of $-0.11 and a high estimate of $-0.11. This represents a -150.00% decrease compared to TBI previous annual EPS of $0.22 (Dec 22).
TrueBlue Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HSON | Hudson Global | $14.44 | $42.50 | 194.32% | Buy |
| TBI | TrueBlue | $6.86 | $12.50 | 82.22% | Buy |
| KELYA | Kelly Services | $13.96 | $24.00 | 71.92% | - |
| MAN | ManpowerGroup | $60.39 | $88.57 | 46.66% | Buy |
| KFRC | Kforce | $57.98 | $71.00 | 22.46% | Hold |
| KFY | Korn Ferry | $75.67 | $75.75 | 0.11% | Buy |
| RHI | Robert Half | $72.61 | $71.50 | -1.53% | Hold |
| HSII | Heidrick & Struggles | $44.99 | $42.00 | -6.65% | Hold |