Ultime notizie per Barrett Bus Servs (NASDAQ:BBSI) Azioni

Barrett Bus Servs

Barrett Business Services Inc is a provider of payroll administrative services and staffing services. The company categories of services include professional employer services and staffing. Professional employer services offer payroll management, payroll tax services, and workers' compensation coverage solutions, as well as workforce management services, including hiring and termination of employees. Staffing offers temporary staffing services, as well as contract staffing, long-term or indefinite on-site management, and direct placement services. The company operates in the United States of America. It generates maximum revenue from the Professional employer service fees.

Barrett Business Services, Inc. - Common Stock

Barrett Business Services Inc

<p><strong>Gary Kramer</strong>, President &amp; CEO at <strong>Barrett Bus Servs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>), disclosed an insider sell on August 21, according to a recent SEC filing.</p>
<p><strong>What Happened:</strong> Kramer's decision to sell 35,093 shares of <strong>Barrett Bus Servs</strong> was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000902791/000156218024006444//Archives/edgar/data/902791/000156218024006444/0001562180-24-006444-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $1,230,018.</p>
<p><strong>Barrett Bus Servs</strong> shares are trading down 0.0% at $35.02 at the time of this writing on Thursday morning.</p>
<h3>Unveiling the Story Behind Barrett Bus Servs</h3>
<p>Barrett Business Services Inc is a provider of payroll administrative services and staffing services. The company categories of services include professional employer services and staffing. Professional employer services offer payroll management, payroll tax services, and workers' compensation coverage solutions, as well as workforce management services, including hiring and termination of employees. Staffing offers temporary staffing services, as well as contract staffing, long-term or indefinite on-site management, and direct placement services. The company operates in the United States of America. It generates maximum revenue from the Professional employer service fees.</p>
<h3>Financial Milestones: Barrett Bus Servs's Journey</h3>
<p><strong>Revenue Growth:</strong> Barrett Bus Servs displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately <strong>5.68%</strong>. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.</p>
<p><strong>Interpreting Earnings Metrics:</strong></p>
<ul>
<li>
<p><strong>Gross Margin:</strong> The company shows a low gross margin of <strong>24.28%</strong>, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.</p>
</li>
<li>
<p><strong>Earnings per Share (EPS):</strong> Barrett Bus Servs's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of <strong>0.64</strong>.</p>
</li>
</ul>
<p><strong>Debt Management:</strong> Barrett Bus Servs's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.11</strong>.</p>
<p><strong>Exploring Valuation Metrics Landscape:</strong></p>
<ul>
<li>
<p><strong>Price to Earnings (P/E) Ratio:</strong> Barrett Bus Servs's P/E ratio of <strong>19.16</strong> is below the industry average, suggesting the stock may be undervalued.</p>
</li>
<li>
<p><strong>Price to Sales (P/S) Ratio:</strong> The Price to Sales ratio is <b><strong>0.86</strong></b>, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.</p>
</li>
<li>
<p><strong>EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization):</strong> With a below-average EV/EBITDA ratio of <strong>11.15</strong>, Barrett Bus Servs presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.</p>
</li>
</ul>
<p><strong>Market Capitalization:</strong> Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.</p>
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<h3>Why Insider Transactions Are Important</h3>
<p>While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.</p>
<p>From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.</p>
<p>A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.</p>
<p>While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.</p>
<h3>The Insider's Guide to Important Transaction Codes</h3>
<p>Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A <strong>P</strong> in Box 3 indicates a purchase, while <strong>S</strong> signifies a sale. Transaction code <strong>C</strong> signals the conversion of an option, and transaction code <strong>A</strong> denotes a grant, award, or other acquisition of securities from the company.</p>
<p><a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000902791"><strong>Check Out The Full List Of Barrett Bus Servs's Insider Trades.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


News

Insider Trades

Trading Ideas

BBSI

Barrett Bus Servs President & CEO Trades $1.23M In Company Stock

<p>Roth MKM  analyst Jeff Martin   maintains Barrett Bus Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>) with a Buy and raises the price target from $40 to $43.</p>


Price Target

Analyst Ratings

Roth MKM Maintains Buy on Barrett Bus Servs, Raises Price Target to $43

<p>Barrington Research  analyst Vincent Colicchio   maintains Barrett Bus Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>) with a Outperform and raises the price target from $35 to $41.</p>


Barrington Research Maintains Outperform on Barrett Bus Servs, Raises Price Target to $41

<p>Barrett Bus Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.58 by 6.9 percent. This is unchanged from the same period last year.  The company reported quarterly sales of $279.651 million which beat the analyst consensus estimate of $274.996 million by 1.69 percent.  This is a 5.68 percent increase over sales of $264.630 million the same period last year.</p>


Earnings

Earnings Beats

Barrett Bus Servs Q2 2024 GAAP EPS $0.62 Beats $0.58 Estimate, Sales $279.651M Beat $274.996M Estimate

<p><strong>Visa Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/v#NYSE">V</a>) unveiled the revamped Visa SavingsEdge program with new integrated features in a bid to promote smarter spending and generate increased savings for eligible Visa Business credit, debit and reloadable prepaid cardholders across the United States and Canada. The program was initially launched in 2008 and continues to offer rebates to eligible cardholders on qualifying purchases across the participating merchant network.</p>
<p>For more than a decade, Visa SavingsEdge has offered savings, tools and resources for supporting the growth prospects of Small Business cardholders. It provides opportunities to generate savings via the facilities of Instant Coupons and Cashback Offers.&nbsp; Instant Coupons offer discounts via a code at the point of sale without needing to link a card while Cashback Offers give discounts as statement credits when cardholders link their eligible Visa Business card and use it for qualifying purchases. These discounts appear as credits on future account statements.</p>
<p>As part of the latest set of enhancement announcements, Visa SavingsEdge currently comes with an upgraded program website equipped with enhanced features and functionality. Instant Coupons and Cashback Offers have expanded to include new merchant deals across various categories such as travel, restaurants, electronics, business services and more.</p>
<p>The enhanced program makes provision for receiving instant alerts whenever participating cardholders earn cashback on eligible purchases. A cashback tracker also remains in place to allow cardholders to monitor their savings earned through the program. To avail the upgraded program, previously enrolled cardholders need to re-link their cards in the enhanced program to grasp the benefits of Cashback Offers.</p>
<p>The recent move reflects Visa&#39;s longstanding commitment to aid small business units with technological assistance and empower them with enhanced payment solutions. Additionally, an extensive set of benefits via the Visa SavingsEdge program is expected to attract more small businesses to opt for Visa-branded payment products and therefore, boost the revenues of the leader in digital payments.</p>
<p>Visa seems to have undertaken a time-opportune move as well, per the data furnished by the latest Visa Small Business Pulse survey. As 77% of surveyed U.S. businesses anticipate revenue growth in 2024, this has led to an improved economic outlook as well. As a result, around 59% of U.S. small businesses (SMBs) remain optimistic about the economy, which has shot up from 47% in 2023. With 64% of SMBs inclined to invest in cost-saving technology, the enhanced Visa SavingsEdge program seems to provide a perfect ground for the company to capitalize on.</p>
<p>Shares of Visa have gained 19.9% in the past year compared with the industry&#39;s 14.7% growth. V currently carries a Zacks Rank #3 (Hold).</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/b4/68891.jpg?v=279148574" /><br />
Image Source: Zacks Investment Research</p>
<h3>Stocks to Consider</h3>
<p>Some better-ranked stocks in the Business Services space are <strong>RCM Technologies, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rcmt#NASDAQ">RCMT</a>), <strong>Barrett Business Services, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bbsi#NASDAQ">BBSI</a>) and <strong>Envestnet, Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/env#NYSE">ENV</a>). RCM Technologies currently sports a Zacks Rank #1 (Strong Buy), and Barrett Business Services and Envestnet carry a Zacks Rank #2 (Buy).</p>
<p>The bottom line of RCM Technologies outpaced estimates in three of the trailing four quarters and missed the mark once, the average surprise being 16.97%. The Zacks Consensus Estimate for RCMT&#39;s 2024 earnings implies an improvement of 8.1% from the year-ago reported figure. The same for revenues indicates growth of 5.6% from a year ago. The consensus mark for RCM Technologies&#39; earnings has moved 7.5% north in the past 60 days.</p>
<p>Barrett Business Services&#39; earnings outpaced estimates in each of the trailing four quarters, the average surprise being 38.56%. The Zacks Consensus Estimate for BBSI&#39;s 2024 earnings indicates an improvement of 7.6% from the year-ago reported figure. The same for revenues implies growth of 7%. The consensus mark for Barrett Business Services&#39; earnings has moved 2.2% north in the past 60 days.</p>
<p>The bottom line of Envestnet outpaced estimates in three of the last four quarters and matched the mark once, the average surprise being 9.36%. The Zacks Consensus Estimate for ENV&#39;s 2024 earnings implies an improvement of 23.6% from the year-ago reported figure. The same for revenues indicates growth of 9.6% from a year ago. The consensus mark for Envestnet&#39;s earnings has moved 1.2% north in the past 60 days.</p>
<p>Shares of RCM Technologies, Barrett Business Services and Envestnet have risen 9.8%, 48.9% and 8%, respectively, in the past year.&nbsp;</p>
<p><a href="https://www.zacks.com/stock/news/2288681/visa-v-enhances-savingsedge-for-small-business-cardholders?cid=CS-BENZ-FT-analyst_blog|company_news_finance_sector-2288681">To read this article on Zacks.com click here.</a></p>


Small Cap

Markets

RCMT

Visa Enhances SavingsEdge for Small Business Cardholders

<p>The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has <strong>Byrna Technologies Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/byrn#NASDAQ">BYRN</a>) been one of those stocks this year? Let&#39;s take a closer look at the stock&#39;s year-to-date performance to find out.</p>
<p>Byrna Technologies Inc. is a member of our Business Services group, which includes 316 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.</p>
<p>The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Byrna Technologies Inc. is currently sporting a Zacks Rank of #2 (Buy).</p>
<p>Over the past three months, the Zacks Consensus Estimate for BYRN&#39;s full-year earnings has moved 83.3% higher. This signals that analyst sentiment is improving and the stock&#39;s earnings outlook is more positive.</p>
<p>Based on the most recent data, BYRN has returned 79.7% so far this year. Meanwhile, stocks in the Business Services group have gained about 5.7% on average. This shows that Byrna Technologies Inc. is outperforming its peers so far this year.</p>
<p>Another Business Services stock, which has outperformed the sector so far this year, is <strong>Barrett Business Services</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bbsi#NASDAQ">BBSI</a>). The stock has returned 12.7% year-to-date.</p>
<p>For Barrett Business Services, the consensus EPS estimate for the current year has increased 2.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).</p>
<p>Looking more specifically, Byrna Technologies Inc. belongs to the Technology Services industry, a group that includes 173 individual stocks and currently sits at #62 in the Zacks Industry Rank. On average, stocks in this group have gained 16.7% this year, meaning that BYRN is performing better in terms of year-to-date returns.</p>
<p>In contrast, Barrett Business Services falls under the Outsourcing industry. Currently, this industry has 12 stocks and is ranked #221. Since the beginning of the year, the industry has moved +3.7%.</p>
<p>Investors with an interest in Business Services stocks should continue to track Byrna Technologies Inc. and Barrett Business Services. These stocks will be looking to continue their solid performance.</p>
<p><a href="https://www.zacks.com/stock/news/2285284/are-business-services-stocks-lagging-byrna-technologies-byrn-this-year?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_1-2285284">To read this article on Zacks.com click here.</a></p>


Tech

BYRN

Are Business Services Stocks Lagging Byrna Technologies This Year?

<p>Sidoti &amp; Co.  analyst Marc Riddick   downgrades Barrett Bus Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>) from Buy to Neutral and maintains the price target from $140 to $140.</p>


Downgrades

Sidoti & Co. Downgrades Barrett Bus Servs to Neutral, Maintains Price Target to $140

<p>Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>), a leading provider of business management solutions, today announced that its board of directors has declared a four-for-one split of the Company's common stock in the form of a stock dividend.<br /><br />&nbsp;</p>
<p>Each stockholder of record on June 14, 2024, will receive a dividend of three additional shares of common stock for each share they hold, to be distributed on June 21, 2024. Trading will resume on a stock split-adjusted basis on June 24, 2024.</p>
<p>The stock split is expected to improve the overall trading efficiency of BBSI's stock and make stock ownership more accessible to a broader range of investors.</p>
<p>As of May 31, 2024, BBSI had 6,507,409 shares of common stock outstanding. Following the stock split, BBSI will have approximately 26.0 million shares of common stock outstanding. Earnings per share for the second quarter of 2024 will be reported on a split-adjusted basis.</p>


Dividends

Stock Split

BBSI Declares 4-For-1 Stock Split Of The Company's Common Stock In The Form Of A Stock Dividend

<p>Across the recent three months, 5 analysts have shared their insights on Barrett Bus Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>), expressing a variety of opinions spanning from bullish to bearish.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $141.0, along with a high estimate of $141.00 and a low estimate of $141.00. Consistency is reflected as the current average remains at the same level as the previous average price target. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1716912018_0.png" alt="price target chart" /></p>
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
<p>The perception of Barrett Bus Servs by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vincent Colicchio</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$141.00</td>
<td>$141.00</td>
</tr>
<tr>
<td>Vincent Colicchio</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$141.00</td>
<td>$141.00</td>
</tr>
<tr>
<td>Vincent Colicchio</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$141.00</td>
<td>$141.00</td>
</tr>
<tr>
<td>Vincent Colicchio</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$141.00</td>
<td>$141.00</td>
</tr>
<tr>
<td>Vincent Colicchio</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$141.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Barrett Bus Servs. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Barrett Bus Servs compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts explore the dynamics of price targets, providing estimates for the future value of Barrett Bus Servs's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Barrett Bus Servs's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/BBSI/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Barrett Bus Servs analyst ratings.</strong></a></p>
<p>If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.</p>
<h2>All You Need to Know About Barrett Bus Servs</h2>
<p>Barrett Business Services Inc is a provider of payroll administrative services and staffing services. The company categories of services include professional employer services and staffing. Professional employer services offer payroll management, payroll tax services, and workers' compensation coverage solutions, as well as workforce management services, including hiring and termination of employees. Staffing offers temporary staffing services, as well as contract staffing, long-term or indefinite on-site management, and direct placement services. The company operates in the United States of America. It generates maximum revenue from the Professional employer service fees.</p>
<h3>Barrett Bus Servs: Financial Performance Dissected</h3>
<p><strong>Market Capitalization Analysis:</strong> Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> Barrett Bus Servs's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of <strong>4.36%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.</p>
<p><strong>Net Margin:</strong> Barrett Bus Servs's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of <strong>-0.05%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Barrett Bus Servs's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of <strong>-0.07%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of <strong>-0.02%,</strong> the company may need to address challenges in generating satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> Barrett Bus Servs's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.12</strong>.</p>
<h2>How Are Analyst Ratings Determined?</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


The Analyst Landscape: 5 Takes On Barrett Bus Servs

<p>Barrington Research  analyst Vincent Colicchio   maintains Barrett Bus Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>) with a Outperform and maintains $141 price target.</p>


Barrington Research Maintains Outperform on Barrett Bus Servs, Maintains $141 Price Target

<p>Investment in stocks after analyzing valuation metrics is considered one of the best practices. When considering valuation metrics, the price-to-earnings ratio has always been the obvious choice. This is because calculations based on earnings are easy and come in handy. However, the price-to-sales ratio is convenient for determining the value of stocks that are incurring losses or in an early development cycle, generating meager or no profit.</p>
<h3>What&#39;s the Price-to-Sales Ratio?</h3>
<p>While a loss-making company with a negative price-to-earnings ratio falls out of investor favor, its price-to-sales can indicate the hidden strength of the business. This underrated ratio is also used to identify a recovery situation or ensure a company&#39;s growth is not overvalued.<br />
A stock&#39;s price-to-sales ratio reflects how much investors pay for each dollar of revenue generated by a company.<br />
If the price-to-sales ratio is 1, investors are paying $1 for every $1 of revenues generated by the company. A stock with a price-to-sales below 1 is a good bargain as investors need to pay less than a dollar for a dollar&#39;s worth. &nbsp;<br />
Thus, a stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.<br />
The price-to-sales ratio is often preferred over price-to-earnings, as companies can manipulate their earnings using various accounting measures. However, sales are harder to manipulate and are relatively reliable.<br />
However, one should keep in mind that a company with a high debt and a low price-to-sales ratio is not an ideal choice. The high debt level will have to be paid off at some point, leading to further share issuance, a rise in market cap, and, ultimately, a higher price-to-sales ratio.<br />
In any case, the price-to-sales ratio used in isolation cannot do the trick. One should analyze other ratios like Price/Earnings, Price/Book and Debt/Equity before arriving at any investment decision.<br />
<strong>Lakeland Industries</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lake#NASDAQ">LAKE</a>),<strong> The ODP Corporation</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/odp#NASDAQ">ODP</a>), <strong>ProPetro Holding Corp.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pump#NYSE">PUMP</a>), <strong>Barrett Business Services</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bbsi#NASDAQ">BBSI</a>) and <strong>JAKKS Pacific</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jakk#NASDAQ">JAKK</a>) are some companies with a low price-to-sales ratio and the potential to offer higher returns.</p>
<h3>Screening Parameters</h3>
<p><strong>Price to Sales less than the Median Price to Sales for its Industry: </strong>The lower the price-to-sales ratio, the better.<br />
<strong>Price to Earnings using F(1) estimate less than the Median Price to Earnings for its Industry: </strong>The lower, the better.<br />
<strong>Price to Book (common Equity) less than the Median Price to Book for its Industry: </strong>This is another parameter to ensure the value feature of a stock.<br />
<strong>Debt to Equity (Most Recent) less than the Median Debt to Equity for its Industry: </strong>A company with less debt should have a stable price-to-sales ratio.<br />
<strong>Current Price greater than or equal to $5:</strong> The stocks must be trading at a minimum of $5 or higher.<br />
<strong>Zacks Rank less than or equal to #2 (Buy):</strong> Zacks Rank #1 (Strong Buy) or 2 stocks are known to outperform, irrespective of the market environment.<br />
<strong>Value Score less than or equal to B: </strong>Our research shows that stocks with a Value Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best opportunities in the value investing space.<br />
Here are five of the 17 stocks that qualified the screening:<br />
<strong>Lakeland Industries </strong>operates as a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels. LAKE&#39;s focus on high-value products and market diversification, particularly in the fire service and industrial product lines, has been aiding its performance.<br />
The company has been committed to its strategic acquisition pipeline and is focused on organic growth for the remainder of fiscal 2024. LAKE has a Value Score of A and currently sports a Zacks Rank #1.<br />
<strong>ODP Corp</strong> is a provider of business services, products and digital workplace technology solutions to businesses and consumers. The company is on track with Project CORE, its business optimization initiative that facilitates enhancing its position to continue delivering shareholder value. The powerful combination of the company&#39;s business unit structure and approach to operational excellence are likely to drive efficiencies in its business, creating greater flexibility while navigating challenging macroeconomic conditions.<br />
ODP stands to gain from the momentum in the supply-chain business, driven by its focus on expanding market presence and continued traction with new third-party customers. ODP Corp currently has a Value Score of A and a Zacks Rank #2.<br />
Midland, TX-based <strong>ProPetro</strong> is an oilfield service provider operating primarily in the Permian Basin spread over west Texas and New Mexico. The company focuses on growth through a combination of acquisitions and pressure pumping services in the lucrative Permian Basin. Its purchase of Pioneer Natural Resources assets has significantly boosted its fleet size. The deal&#39;s 10-year dedicated service agreement should ensure a stable revenue base in the medium to long term.<br />
ProPetro, through its leverage to the Permian Basin, is likely to benefit from this multi-year upcycle by providing hydraulic fracturing and other well-completion services to the E&amp;P firms. The company&#39;s strong relationships with high-quality customers provide revenue visibility and business certainty. It is also set to benefit from a debt-light balance sheet, which provides a potential lifeline amid a challenging operating environment. PUMP currently has a Zacks Rank #2 and a Value Score of A.<br />
<strong>Barrett</strong> provides business management solutions for small and mid-sized companies in the United States. The company has developed a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.<br />
The company has been gaining from an expanding client base and the ongoing rollout of BBSI Benefits. Additionally, Barrett has been witnessing positive results in its pricing and cost-management strategies, leading to strong, sustainable earnings growth. BBSI currently has a Value Score of A and a Zacks Rank #2.<br />
Based in Malibu, CA,<strong> JAKKS Pacific</strong> is a multi-brand company that has been designing and marketing a broad range of toys and consumer products. The company is benefiting from the FOB business model, strategic acquisitions, a solid international footprint, a focus on innovation, and collaborations with popular brands and movie franchisees. The emphasis on the expansion of retail reach bodes well.<br />
JAKK has emerged as a diversified consumer products company, buoyed by a string of acquisitions over the past several years. The company realized the importance of online retailing and shifted its focus to boosting online sales. JAKK has a Value Score of A and currently flaunts a Zacks Rank #1.<br />
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.<br />
The Research Wizard is a great place to begin. It&#39;s easy to use. Everything is in plain language. And it&#39;s very intuitive. Start your trial to the Research Wizard today. And the next time you read an economic report, open up the Research Wizard, plug your finds in and see what gems come out.<br />
<em>Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.<br />
Disclosure: Performance information for Zacks&#39; portfolios and strategies are available at: <strong>https://www.zacks.com/performance</strong>.</em></p>
<p><a href="https://www.zacks.com/stock/news/2277325/5-low-price-to-sales-stocks-to-make-a-profitable-portfolio?cid=CS-BENZ-FT-analyst_blog|rw-2277325">To read this article on Zacks.com click here.</a></p>


JAKK

LAKE

PUMP

5 Low Price-to-Sales Stocks to Make a Profitable Portfolio

<p>In the latest quarter, 4 analysts provided ratings for Barrett Bus Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>), showcasing a mix of bullish and bearish perspectives.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $141.0, a high estimate of $141.00, and a low estimate of $141.00. Holding firm without variation, the current average remains at the previous average price target. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714680047_0.png" alt="price target chart" /></p>
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
<p>The standing of Barrett Bus Servs among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vincent Colicchio</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$141.00</td>
<td>$141.00</td>
</tr>
<tr>
<td>Vincent Colicchio</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$141.00</td>
<td>$141.00</td>
</tr>
<tr>
<td>Vincent Colicchio</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$141.00</td>
<td>$141.00</td>
</tr>
<tr>
<td>Vincent Colicchio</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$141.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Barrett Bus Servs. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Barrett Bus Servs compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of Barrett Bus Servs's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Barrett Bus Servs's market standing. Stay informed and make data-driven decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/BBSI/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Barrett Bus Servs analyst ratings.</strong></a></p>
<p>If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.</p>
<h2>Discovering Barrett Bus Servs: A Closer Look</h2>
<p>Barrett Business Services Inc is a provider of payroll administrative services and staffing services. The company categories of services include professional employer services and staffing. Professional employer services offer payroll management, payroll tax services, and workers' compensation coverage solutions, as well as workforce management services, including hiring and termination of employees. Staffing offers temporary staffing services, as well as contract staffing, long-term or indefinite on-site management, and direct placement services. The company operates in the United States of America. It generates maximum revenue from the Professional employer service fees.</p>
<h3>Barrett Bus Servs's Economic Impact: An Analysis</h3>
<p><strong>Market Capitalization Analysis:</strong> Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> Barrett Bus Servs's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately <strong>1.74%</strong>. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Net Margin:</strong> Barrett Bus Servs's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>5.26%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Barrett Bus Servs's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of <strong>7.67%,</strong> the company may face hurdles in generating optimal returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Barrett Bus Servs's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>2.06%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>0.11</strong>.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.</p>
<p>Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


The Analyst Verdict: Barrett Bus Servs In The Eyes Of 4 Experts

<p>Barrett Bus Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.35) by 94.29 percent. This is a 116.67 percent decrease over earnings of $0.12 per share from the same period last year.  The company reported quarterly sales of $265.782 million which missed the analyst consensus estimate of $269.681 million by 1.45 percent.  This is a 4.36 percent increase over sales of $254.667 million the same period last year.</p>


Earnings Misses

Barrett Bus Servs Q1 2024 GAAP EPS $(0.02) Beats $(0.35) Estimate, Sales $265.782M Miss $269.681M Estimate

<p>The planned stock split is subject to stockholder approval of an amendment to the Company&#39;s charter to increase the number of authorized shares of common stock from 20.50 million to 82 million.&nbsp;Following stockholder approval, the Company plans to announce the timing of the stock split and declare the stock dividend.</p>


Barrett Business Services Board Approves Future Four-For-One Split Of Common Stock In The Form Of Stock Dividend

<p>Barrington Research  analyst Vincent Colicchio   reiterates Barrett Bus Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>) with a Outperform and maintains $141 price target.</p>


Reiteration

Barrington Research Reiterates Outperform on Barrett Bus Servs, Maintains $141 Price Target

Guidance

Barrett Business Services Sees FY24 Gross Billings Growth Of 6%-8%

<p><strong>Barrett Bus Servs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBSI#NASDAQ">BBSI</a>) reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:05 PM.</p>
<p>Here's what investors need to know about the announcement.</p>
<h3>Earnings</h3>
<p>Barrett Bus Servs beat estimated earnings by 14.000000000000002%, reporting an EPS of $2.16 versus an estimate of $1.9.</p>
<p>Revenue was up $4.73 million from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company beat on EPS by $0.31 which was followed by a 6.0% increase in the share price the next day.</p>
<p>Here's a look at Barrett Bus Servs's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>2.37</td>
<td>1.85</td>
<td>-0.11</td>
<td>1.53</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>2.68</td>
<td>2.47</td>
<td>0.12</td>
<td>1.64</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>284.17M</td>
<td>273.35M</td>
<td>260.03M</td>
<td>274.50M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>273.33M</td>
<td>264.63M</td>
<td>254.67M</td>
<td>271.95M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for Barrett Bus Servs <a href="https://www.benzinga.com/quote/BBSI/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Recap: Barrett Bus Servs Q4 Earnings

Barrett Business declares $0.30 dividend

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Barrett Business Services (BBSI – Research Report), Russel ...

Analysts Offer Insights on Industrial Goods Companies: Barrett Business Services (BBSI), Russel Metals (OtherRUSMF) and Airbus Group SE (OtherEADSF)

Barrett Business Services, Inc. (BBSI) Q1 2024 Earnings Call Transcript

There's a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Huron Consulting (HURN – Research Report) and ...

Analysts Are Bullish on These Industrial Goods Stocks: Huron Consulting (HURN), Barrett Business Services (BBSI)

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>If you&rsquo;re looking for stocks to buy before their stock splits, there are many things you need to keep in mind. Firstly, you should keep the fundamentals and valuations in mind before you dive in before a stock split. A stock split alone is unlikely to yield massive returns, and a lot of the news is priced in when the split is announced. That said, stock splits have caused a notable short-term price increase but also a decrease immediately after the stock split. Thus, you should do your own due diligence, as normal with any company that is about to undergo a stock split.</p>



<p>This doesn&rsquo;t mean that you shouldn&rsquo;t screen for stock split stocks. When a company does a stock split, it usually means they are seeing a lot of bullish momentum, likely correlated to strong fundamentals and a rosy outlook going forward. As such, these stocks could deliver strong returns going forward, and I&rsquo;ll be discussing seven of these stocks in this article.</p>



<h2>Cintas (CTAS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/xl-clothing-clothes-dxlg-1600-300x169.jpg" alt="A hand reaches for an article of clothing on a hanger from a rack labeled XL."><div>Source: christinarosepix / Shutterstock.com</div></div><p><strong>Cintas Corporation</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/ctas-stock-quote/"><strong>CTAS</strong></a>) provides corporate identity uniforms and related business services. The company is riding high on several megatrends and tailwinds across its well-diversified business segments. I believe Cintas stock remains one of the most consistent and stable in the market, having gained an impressive 27% over the past six months to reach $711 as of writing.</p>



<p>Management is making smart moves to keep this momentum going, including the recently <a href="https://www.cintas.com/newsroom/details/news/2024/05/02/cintas-board-of-directors-approves-4-for-1-stock-split/">announced 4-for-1 stock split</a>. Shareholders of record on September 4, 2024, will receive three additional shares for each share held, with distribution set for after market close on September 11, 2024. While the stock is quite expensive at current levels, I wouldn&rsquo;t be surprised to see it climb even higher post-split if the company continues exceeding expectations.</p>



<p>Cintas delivered robust <a href="https://www.nasdaq.com/press-release/cintas-corporation-announces-fiscal-2024-third-quarter-results-2024-03-27" target="_blank">Q3 FY2024 results</a>, with revenue growing 9.9% to a record $2.41 billion and diluted EPS surging 22.3% to $3.84. This stock split could further energize its trajectory here.</p>



<h2>Broadcom (AVGO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/AVGO1600-300x169.jpg" alt="broadcom (AVGO) logo outside office building"><div>Source: Sasima / Shutterstock.com</div></div><p><strong>Broadcom</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/avgo-stock-quote/"><strong>AVGO</strong></a>) is a leading semiconductor company that designs and develops a wide range of products. In Q2, Broadcom&rsquo;s <a target="_blank" href="https://finance.yahoo.com/news/broadcom-jumps-q2-earnings-beat-155900933.html#:~:text=Revenues%20jumped%2043%25%20year%20over,have%20delighted%20the%20tech%20industry.">revenue soared 43% year-over-year to $12.5 billion</a>, driven by the VMware acquisition and the AI boom. Excluding VMware, organic revenue still jumped an impressive 12%, largely thanks to AI revenue skyrocketing 280% to $3.1 billion.</p>



<p>I believe Broadcom is one of the best-positioned chip stocks to ride the AI and data center megatrends. By serving semiconductor companies rather than the end market directly, Broadcom insulates itself from intense competition while still benefiting from the broader chip demand surge. That said, there is significant China exposure here that could keep the stock depressed if geopolitical troubles fire up more.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/06/chart-77.png"><img width="1226" height="741" src="https://investorplace.com/wp-content/uploads/2024/06/chart-77.png" alt="AVGO revenue by region. Stocks to buy"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>This unique position has propelled the stock to a stunning 108% gain over the past year. With Broadcom trouncing Q2 revenue estimates by nearly 4% and the upcoming stock split poised to attract more investors, I&rsquo;m bullish that this chip leader has plenty of room to run. If you&rsquo;re looking for a high-conviction way to play the AI and data center gold rush, Broadcom looks like a compelling buy ahead of its 10-for-1 <a href="https://www.investopedia.com/broadcom-hits-fresh-record-high-after-stock-split-announcement-8664296#:~:text=Broadcom%27s%20stock%20will%20split%20after,affecting%20the%20company%27s%20overall%20valuation.">stock split on July 12</a>.</p>



<h2>Chipotle Mexican Grill (CMG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/cmg1600-300x169.jpg" alt="a pedestrian walks past a Chipotle, CMG stock"><div>Source: Northfoto / Shutterstock.com</div></div><p><strong>Chipotle Mexican Grill</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/cmg-stock-quote/"><strong>CMG</strong></a>) operates a chain of fast-casual restaurants specializing in Mexican-inspired cuisine. The company&rsquo;s Q1 report posted <a href="https://seekingalpha.com/article/4685905-chipotle-mexican-grill-inc-cmg-q1-2024-earnings-call-transcript" target="_blank">7% comp sales growth</a> driven by over 5% transaction growth. Restaurant numbers are also growing fast.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/06/chart-78.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/06/chart-78.png" alt="Chipotle operated restaurants chart"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p><a href="https://investorplace.com/industries/consumer-discretionary/retail/restaurant/">Restaurant stocks</a> have been on a tear lately, and Chipotle is no exception. Its stock has climbed nearly 372% over the past year. Despite its lofty $3,420 price tag, I think the upcoming <a href="https://www.investors.com/research/ibd-stock-of-the-day/chipotle-stock-of-the-day-stock-split-buy-range/#:~:text=Earlier%20this%20month%2C%20shareholders%20greenlit,split%20basis%20on%20June%2026.">50-for-1 stock split on June 25</a> will make CMG shares more attractive to a broader range of investors.</p>



<p>However, it&rsquo;s important to note that Chipotle trades at a significant premium compared to other restaurant businesses. I would be cautious about expecting substantial medium-term gains. Nonetheless, the long-term potential here looks very bullish to me.</p>



<h2>Barrett Business Services (BBSI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/12/asset_management_1600-300x169.jpg" alt="A photo of a businesswoman pointing at charts on a piece of paper on a table."><div>Source: kan_chana/ShutterStock.com</div></div><p><strong>Barrett Business Services</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/bbsi-stock-quote/"><strong>BBSI</strong></a>) provides business management solutions for small and mid-sized companies. I believe BBSI is well-positioned to capitalize on the megatrends of automation and a strong labor market.</p>



<p>The company reported gross billings <a href="https://www.investing.com/news/stock-market-news/earnings-call-bbsi-reports-robust-q1-results-optimistic-outlook-93CH-3421636" target="_blank">increased 7% YOY in Q1</a>, driven by an 11% increase in worksite employees from new client additions. This proves that businesses are outsourcing HR functions to focus on their core competencies. BBSI&rsquo;s client retention also continues to trend better than pre-pandemic levels.</p>



<p>While the company reported a quarterly loss of 2 cents per share, <a href="https://seekingalpha.com/symbol/BBSI/earnings/estimates">analysts expect BBSI to be solidly profitable for all of 2024</a>. The stock has surged 53% over the past year and is trading at a premium valuation relative to its business size. However, BBSI has <a href="https://www.streetinsider.com/Corporate+News/Barrett+Business+Services+%28BBSI%29+Declares+4%3A1+Share+Split/23317038.html">announced a 4 for 1 stock split</a>. The new shares will be distributed on June 21, 2024, and trading will resume on a split-adjusted basis on June 24, 2024.</p>



<h2>L&rsquo;Air Liquide (AIQUY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/industrials1600d--300x169.jpg" alt="Factory pipes and towers at sunset"><div>Source: Shutterstock</div></div><p><strong>Air Liquide SA</strong> (OTCMKTS:<a href="https://investorplace.com/stock-quotes/aiquy-stock-quote/"><strong>AIQUY</strong></a>) is a French multinational company that supplies industrial gases and services to various industries worldwide. I believe AIQUY is one of the most solid long-term stocks you can buy right now. This is the sort of stock you buy and let compound for many years or even decades.</p>



<p>AIQUY operates in a stable industry with consistent demand, which has helped it deliver steady returns over the years. While it may not offer explosive growth, the <a href="https://www.marketbeat.com/instant-alerts/otcmkts-aiquy-stock-split-2024-06-16/">upcoming 11-10 stock split on June 24</a> could boost the compounding effects for long-term investors.</p>



<p>Moreover, Air Liquide&rsquo;s <a target="_blank" href="https://www.dividend.com/stocks/materials/chemicals/basic-diversified-chemicals/aiquy-air-liquide-sa-adr/">1.74% dividend yield</a> sweetens the deal for income-oriented investors. AIQUY remains a top pick for investors seeking a reliable, long-term compounding machine.</p>



<h2>United States Lime &amp; Minerals (USLM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/08/silver-mining-1600-300x169.jpg" alt="Macro of silver"><div>Source: Phawat / Shutterstock.com</div></div><p><strong>United States Lime &amp; Minerals</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/uslm-stock-quote/"><strong>USLM</strong></a>) manufactures lime and limestone products. USLM stock has been soaring higher than most expected, and I&rsquo;d say the near-term potential would be muted if it wasn&rsquo;t for the upcoming 5:1 stock split on July 15. Prices have been supported by underlying fundamentals, but a cooldown in profitability could throw it off track.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/06/chart-79.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/06/chart-79.png" alt="USLM price vs EPS chart"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>In Q1 2024, USLM&rsquo;s revenues <a target="_blank" href="https://www.stocktitan.net/news/USLM/united-states-lime-minerals-reports-first-quarter-2024-results-and-2yu70qww5yol.html">grew 7.4% to $71.7 million</a> as higher selling prices offset lower sales volumes. Gross profit surged 27.6% to $30.6 million on those price increases and lower costs like cheaper natural gas. Net income jumped 31.2% to $22.4 million or $3.92 per share.</p>



<p>While construction demand fell, it was partially offset by higher industrial demand. Management expects construction to pick back up going forward. With alternative assets gaining popularity and USLM&rsquo;s strong bottom line growth, I think it&rsquo;s a long-term buy that could deliver more dividend hikes ahead.</p>



<p>However, opinions are mixed on the stock. The <a href="https://www.investing.com/news/company-news/united-states-lime--minerals-plans-5for1-stock-split-93CH-3421911">5-for-1 stock split</a> should drive near-term interest, but investors should still be cautious. I&rsquo;m bullish long-term as USLM rides these megatrends.</p>



<h2>Sony Group Corporation (SONY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/sony_sne_1600-300x169.jpg" alt="Sony logo on the side of a building at its offices in Silicon Valley."><div>Source: Sundry Photography / Shutterstock.com</div></div><p><strong>Sony Group Corporation</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/sony-stock-quote/"><strong>SONY</strong></a>) is a global leader in consumer and professional electronics, gaming, entertainment, and financial services. I believe Sony&rsquo;s stock is a compelling buy ahead of its <a href="https://www.nasdaq.com/articles/2-stock-split-stocks-you-can-confidently-buy-right-now-and-1-avoid">upcoming 5-for-1 stock split</a> in October, as the company is riding several powerful megatrends that should drive long-term growth.</p>



<p>In the gaming segment, Sony&rsquo;s PlayStation 5 console is seeing robust demand, with nearly 60 million units sold to date. Hit games like Hell Divest 2 are shattering sales records, while the company&rsquo;s aggressive studio acquisitions like Bungie are fortifying its content pipeline.</p>



<p>Beyond gaming, Sony is capitalizing on the explosive growth in streaming entertainment through its music and video platforms. The company&rsquo;s imaging sensors are also poised to benefit from the proliferation of cameras in smartphones, EVs, and IoT devices.</p>



<p>With sales hitting a <a href="https://apnews.com/article/sony-entertainment-japan-movies-playstation-d3f40ece723b85427e73c489a600df08" target="_blank">record 13 trillion JPY</a> and operating income surging to 1.2 trillion JPY in fiscal 2023, Sony&rsquo;s financials are expanding impressively. I expect these tailwinds to keep Sony&rsquo;s stock on an upward trajectory. That said, you should keep an eye on Japan&rsquo;s currency devaluation before you make a decision on whether or not you want to buy SONY.</p>



<p><em>On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a></em></p>
<div><p>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/06/7-stocks-to-buy-before-their-upcoming-stock-splits/">7 Stocks to Buy Before Their Upcoming Stock Splits</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Stocks to Buy Before Their Upcoming Stock Splits

Barrett Business GAAP EPS of $0.62 beats by $0.04, revenue of $279.7M beats by $4.7M

Barrett Business Services, Inc. (BBSI) Q2 2024 Earnings Call Transcript

Barrett Business raises dividend by 7% to $0.08

In a report released today, Jeff Martin from Roth MKM maintained a Buy rating on Barrett Business Services (BBSI – Research Report), with a price t...

Roth MKM Reaffirms Their Buy Rating on Barrett Business Services (BBSI)

Analyst Vincent Colicchio of Barrington maintained a Buy rating on Barrett Business Services (BBSI – Research Report), boosting the price target to...

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