Barrett Business Services (BBSI) Jumps: Stock Adds 6.1% in Session


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).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 DaysClick to get this free report >> 

BARRETT BUSINESS SERV INC (BBSI): Free Stock Analysis Report

PAYCHEX INC (PAYX): Free Stock Analysis Report

CONVERGYS CORP (CVG): Free Stock Analysis Report


Zacks Investment Research

View Comments (0)