Weakness Seen in Barrett Business Services (BBSI): Stock Tumbles 9.2%

Zacks Equity Research

Barrett Business Services Inc. (BBSI) saw a big move last session, as the company’s shares fell over 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most recent downtrend for BBSI, as the stock is now down nearly 30% since Jan 21.
    
This slump shouldn’t be too much of a surprise to investors, as the company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

BBSI currently has a Zacks Rank #4 (Sell) while its Earnings ESP is.00%.

Some better-ranked stocks in the industrials sector include Broadridge Financial Solutions, Inc. (BR),Convergys Corporation (CVG) and Vistaprint N.V. (VPRT).All these stocks carry a Zacks Rank #1 (Strong Buy).

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

BROADRIDGE FINL SOLUTIONS IN (BR): Free Stock Analysis Report

CONVERGYS CORP (CVG): Free Stock Analysis Report

VISTAPRINT NV ORD THE NETHERLAND (VPRT): Free Stock Analysis Report


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