Trueblue Stock Price on July 19, 2024

TBI Stock  USD 8.22  0.24  3.01%   
Below is the normalized historical share price chart for TrueBlue extending back to July 24, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TrueBlue stands at 8.22, as last reported on the 26th of December, with the highest price reaching 8.22 and the lowest price hitting 7.70 during the day.
IPO Date
13th of June 1996
200 Day MA
9.3746
50 Day MA
7.7614
Beta
1.492
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in TrueBlue Stock, it is important to understand the factors that can impact its price. TrueBlue is somewhat reliable at the moment. TrueBlue owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0388, which indicates the firm had a 0.0388% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TrueBlue, which you can use to evaluate the volatility of the company. Please validate TrueBlue's Coefficient Of Variation of 7649.84, semi deviation of 2.63, and Risk Adjusted Performance of 0.0177 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
  
The TrueBlue's current Common Stock Shares Outstanding is estimated to increase to about 33.9 M, while Total Stockholder Equity is projected to decrease to under 345.4 M. . As of now, TrueBlue's Price Earnings To Growth Ratio is increasing as compared to previous years. The TrueBlue's current Price To Free Cash Flows Ratio is estimated to increase to 166.79, while Price To Sales Ratio is projected to decrease to 0.28. TrueBlue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0388

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Estimated Market Risk

 2.92
  actual daily
26
74% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average TrueBlue is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TrueBlue by adding it to a well-diversified portfolio.
Price Book
0.721
Enterprise Value Ebitda
175.3032
Price Sales
0.1409
Shares Float
26.9 M
Wall Street Target Price
11.6667

Related Headline

Barrett Business Headline on 19th of July 2024

Filed transaction by Barrett Business Services Officer Executive Vp Cfo. Grant, award or other acquisition pursuant to Rule 16b-3

TrueBlue Valuation on July 19, 2024

It is possible to determine the worth of TrueBlue on a given historical date. On July 19, 2024 TrueBlue was worth 11.16 at the beginning of the trading date compared to the closed value of 11.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TrueBlue stock. Still, in general, we apply an absolute valuation method to find TrueBlue's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TrueBlue where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TrueBlue's related companies.
 Open High Low Close Volume
  11.27    11.62    11.07    11.14    263,745  
07/19/2024
  11.16    11.36    11.08    11.33    235,581  
  11.39    11.52    11.20    11.39    284,164  
Backtest TrueBlue  |  TrueBlue History  |  TrueBlue Valuation   PreviousNext  
Open Value
11.16
11.33
Closing Value
19.92
Upside

TrueBlue Trading Date Momentum on July 19, 2024

On July 22 2024 TrueBlue was traded for  11.39  at the closing time. Highest TrueBlue's price during the trading hours was 11.52  and the lowest price during the day was  11.20 . The net volume was 284.2 K. The overall trading history on the 22nd of July contributed to the next trading period price growth. The trading price change to the next next day price was 0.53% . The trading price change to current price is 5.38% .

TrueBlue Fundamentals Correlations and Trends

By evaluating TrueBlue's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TrueBlue's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TrueBlue financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About TrueBlue Stock history

TrueBlue investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TrueBlue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TrueBlue will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TrueBlue stock prices may prove useful in developing a viable investing in TrueBlue
Last ReportedProjected for Next Year
Common Stock Shares Outstanding31.3 M33.9 M
Net Income Applicable To Common Shares71.6 M75.2 M

TrueBlue Quarterly Net Working Capital

130.72 Million

TrueBlue Stock Technical Analysis

TrueBlue technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of TrueBlue technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TrueBlue trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

TrueBlue Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

TrueBlue cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

TrueBlue December 26, 2024 Market Strength

Market strength indicators help investors to 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 undertsting and applying TrueBlue stock market strength indicators, traders can identify TrueBlue entry and exit signals to maximize returns

TrueBlue Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for TrueBlue's price direction in advance. Along with the technical and fundamental analysis of TrueBlue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TrueBlue to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for TrueBlue Stock analysis

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.
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