Trueblue Stock Analysis

TrueBlue Stock Analysis Notes

About 96.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.74. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TrueBlue has Price/Earnings To Growth (PEG) ratio of 2.35. The entity recorded a loss per share of 0.45. The firm last dividend was issued on the 30th of September 2010. TrueBlue had 3:2 split on the 13th of July 1999. TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, and Puerto Rico. TrueBlue, Inc. was incorporated in 1985 and is headquartered in Tacoma, Washington. Trueblue operates under Staffing Employment Services classification in the United States and is traded on New York Stock Exchange. It employs 6400 people. To find out more about TrueBlue contact A Beharelle at 253 383 9101 or learn more at https://www.trueblue.com.

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TrueBlue Stock Institutional Investors

Note, although TrueBlue's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

TrueBlue Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 341.2 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TrueBlue's market, we take the total number of its shares issued and multiply it by TrueBlue's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

TrueBlue Profitablity

The company has Net Profit Margin of (0.01) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.01) %, which entails that for every $100 of revenue, it lost $0.01.

Management Efficiency

The TrueBlue's current Return On Tangible Assets is estimated to increase to -0.03. The current Return On Capital Employed is estimated to decrease to -0.03. As of now, TrueBlue's Deferred Long Term Asset Charges is decreasing as compared to previous years. The TrueBlue's current Intangibles To Total Assets is estimated to increase to 0.31, while Total Assets are projected to decrease to under 681.8 M. TrueBlue's management efficiency ratios could be used to measure how well TrueBlue manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 24th of April, TrueBlue has the Risk Adjusted Performance of (0.07), variance of 7.16, and Coefficient Of Variation of (761.12). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TrueBlue, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed thirteen technical drivers for TrueBlue, which can be compared to its competition. Please validate TrueBlue market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if TrueBlue is priced more or less accurately, providing market reflects its prevalent price of 10.99 per share. Given that TrueBlue has information ratio of (0.17), we advise you to double-check TrueBlue's current market performance to make sure the company can sustain itself at a future point.

TrueBlue Price Movement Analysis

TrueBlue Insider Trading Activities

TrueBlue Predictive Daily Indicators

TrueBlue Corporate Filings

TrueBlue Forecast Models

TrueBlue's time-series forecasting models are one of many TrueBlue's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary TrueBlue's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how TrueBlue prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling TrueBlue shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as TrueBlue. By using and applying TrueBlue Stock analysis, traders can create a robust methodology for identifying TrueBlue entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. TrueBlue analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. TrueBlue analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

TrueBlue stock analysis indicators help investors evaluate how TrueBlue stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading TrueBlue shares will generate the highest return on investment. By understating and applying TrueBlue stock analysis, traders can identify TrueBlue position entry and exit signals to maximize returns.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueBlue. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.Note that the TrueBlue information on this page should be used as a complementary analysis to other TrueBlue's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

When running TrueBlue's price analysis, check to measure TrueBlue's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TrueBlue is operating at the current time. Most of TrueBlue's value examination focuses on studying past and present price action to predict the probability of TrueBlue's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrueBlue's price. Additionally, you may evaluate how the addition of TrueBlue to your portfolios can decrease your overall portfolio volatility.

Is TrueBlue's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TrueBlue. If investors know TrueBlue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TrueBlue listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of TrueBlue is measured differently than its book value, which is the value of TrueBlue that is recorded on the company's balance sheet. Investors also form their own opinion of TrueBlue's value that differs from its market value or its book value, called intrinsic value, which is TrueBlue's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TrueBlue's market value can be influenced by many factors that don't directly affect TrueBlue's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between TrueBlue's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueBlue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueBlue's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.