Trueblue Stock Price on December 12, 2024
TBI Stock | USD 8.65 0.31 3.46% |
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 8.65, as last reported on the 18th of December 2024, with the highest price reaching 9.05 and the lowest price hitting 8.56 during the day.
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 0.0294, which indicates the firm had a 0.0294% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for TrueBlue, which you can use to evaluate the volatility of the company. Please validate TrueBlue's Risk Adjusted Performance of 0.0681, semi deviation of 2.55, and Coefficient Of Variation of 1197.97 to confirm if the risk estimate we provide is consistent with the expected return of 0.0881%.
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.
IPO Date 13th of June 1996 | 200 Day MA 9.4766 | 50 Day MA 7.6364 | Beta 1.492 |
TrueBlue |
Sharpe Ratio = 0.0294
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Estimated Market Risk
2.99 actual daily | 26 74% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average TrueBlue is performing at about 2% 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 0.7815 | Enterprise Value Ebitda 175.3032 | Price Sales 0.1528 | Shares Float 26.9 M | Wall Street Target Price 11.6667 |
TrueBlue Main Headline on 12th of December 2024
TrueBlues PeopleReady Introduces Next Gen of Top-Rated JobSt... by prnewswire.com
PRNewswire -- TrueBlue , a leading provider of specialized workforce solutions, today announced that PeopleReady has launched the next generation...
TrueBlue Valuation on December 12, 2024
It is possible to determine the worth of TrueBlue on a given historical date. On December 12, 2024 TrueBlue was worth 8.79 at the beginning of the trading date compared to the closed value of 8.83. 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 | |
8.81 | 8.99 | 8.70 | 8.93 | 223,862 | |
12/12/2024 | 8.79 | 8.97 | 8.74 | 8.83 | 186,671 |
8.71 | 8.92 | 8.60 | 8.86 | 144,737 |
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TrueBlue Trading Date Momentum on December 12, 2024
On December 13 2024 TrueBlue was traded for 8.86 at the closing time. Highest TrueBlue's price during the trading hours was 8.92 and the lowest price during the day was 8.60 . The net volume was 144.7 K. The overall trading history on the 13th of December 2024 contributed to the next trading period price growth. The trading price change to the next next day price was 0.34% . The trading price change to current price is 0.91% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 31.3 M | 33.9 M | |
Net Income Applicable To Common Shares | 71.6 M | 75.2 M |
TrueBlue Quarterly Net Working Capital |
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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.
Price Boundaries
TrueBlue Period Price Range
Low | December 18, 2024
| 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 18, 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.
Risk Adjusted Performance | 0.0681 | |||
Jensen Alpha | 0.126 | |||
Total Risk Alpha | 0.0017 | |||
Sortino Ratio | 0.0689 | |||
Treynor Ratio | 0.1199 |
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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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