Barrett Business Services Inc. (BBSI) was a big mover last session, as its shares rose over 6% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This reverses the trend for the company since Jan 21, as the stock is now down almost 18%.
In the last 30 days, the company has seen one negative estimate revision and its Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's rally lasts.
Barrett Business Services currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the outsourcing industry include Broadridge Financial Solutions, Inc. (BR), Convergys Corporation (CVG) and Paychex, Inc. (PAYX). While Broadridge and Convergys sport a Zacks Rank #1 (Strong Buy), Paychex carries a Zacks Rank #2 (Buy). BARRETT BUSINESS SERV INC (BBSI): Free Stock Analysis ReportPAYCHEX INC (PAYX): Free Stock Analysis ReportCONVERGYS CORP (CVG): Free Stock Analysis ReportBROADRIDGE FINL SOLUTIONS IN (BR): Free Stock Analysis ReportZacks Investment Research
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