Barrington Research Reaffirms Outperform Rating for Barrett Business Services (NASDAQ:BBSI)

Barrett Business Services (NASDAQ:BBSI)‘s stock had its “outperform” rating reissued by Barrington Research in a research note issued to investors on Wednesday,Benzinga reports. They currently have a $45.00 price target on the business services provider’s stock. Barrington Research’s price objective would suggest a potential upside of 13.67% from the company’s current price. Barrington Research also issued estimates for Barrett Business Services’ Q2 2025 earnings at $0.70 EPS, Q3 2025 earnings at $0.86 EPS, Q4 2025 earnings at $0.74 EPS, FY2025 earnings at $2.17 EPS and FY2026 earnings at $2.40 EPS.

Separately, StockNews.com upgraded shares of Barrett Business Services from a “hold” rating to a “buy” rating in a report on Friday, March 7th.

Barrett Business Services Trading Down 0.6 %

Shares of NASDAQ:BBSI opened at $39.59 on Wednesday. The stock’s 50-day moving average price is $41.97 and its 200-day moving average price is $40.27. Barrett Business Services has a 12-month low of $28.42 and a 12-month high of $44.97. The stock has a market capitalization of $1.02 billion, a P/E ratio of 20.89, a price-to-earnings-growth ratio of 1.21 and a beta of 1.31.

Institutional Trading of Barrett Business Services

A number of institutional investors have recently modified their holdings of BBSI. Inceptionr LLC lifted its holdings in Barrett Business Services by 3.9% in the fourth quarter. Inceptionr LLC now owns 6,939 shares of the business services provider’s stock worth $301,000 after buying an additional 262 shares during the period. Two Sigma Advisers LP lifted its holdings in Barrett Business Services by 4.5% in the fourth quarter. Two Sigma Advisers LP now owns 6,900 shares of the business services provider’s stock worth $300,000 after buying an additional 300 shares during the period. Swiss National Bank lifted its holdings in Barrett Business Services by 1.0% in the fourth quarter. Swiss National Bank now owns 51,400 shares of the business services provider’s stock worth $2,233,000 after buying an additional 500 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Barrett Business Services by 3.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,586 shares of the business services provider’s stock worth $634,000 after buying an additional 509 shares during the period. Finally, Victory Capital Management Inc. increased its stake in shares of Barrett Business Services by 1.0% during the fourth quarter. Victory Capital Management Inc. now owns 51,754 shares of the business services provider’s stock valued at $2,248,000 after purchasing an additional 530 shares in the last quarter. 86.76% of the stock is currently owned by hedge funds and other institutional investors.

About Barrett Business Services

Barrett Business Services, Inc provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.