TrueBlue (TBI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, TrueBlue (TBI) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
The mean of analysts' price targets for TrueBlue (TBI) points to a 50.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
TrueBlue (TBI) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
The average of price targets set by Wall Street analysts indicates a potential upside of 47.1% in TrueBlue (TBI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
TrueBlue, Inc. (NYSE:TBI ) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Taryn Owen - President and CEO Carl Schweihs - CFO Conference Call Participants Ryan Griffin - BMO Capital Markets Mark Marcon - Baird Kartik Mehta - Northcoast Research Marc Riddick - Sidoti & Company Operator Greetings and welcome to the TrueBlue Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
TrueBlue (TBI) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to earnings of $0.16 per share a year ago.
TrueBlue, Inc. (NYSE:TBI ) Q2 2024 Earnings Conference Call August 5, 2024 5:00 PM ET Company Participants Taryn Owen - President and CEO Carl Schweihs - CFO Conference Call Participants Mark Marcon - Baird Kartik Mehta - Northcoast Research Jeff Silber - BMO Capital Markets Marc Riddick - Sidoti & Company Operator Greetings and welcome to the TrueBlue Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
TrueBlue (TBI) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.17 per share a year ago.
The consensus price target hints at an 88% upside potential for TrueBlue (TBI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.