<div id="readability-page-1"><p><span>Barrett Business Services (NASDAQ:BBSI - Get Free Report)</span>'s stock had its &#34;outperform&#34; rating restated by analysts at Barrington Research in a research note issued on Monday,Benzinga reports. They currently have a $46.00 price objective on the business services provider's stock. Barrington Research's price target would indicate a potential upside of 23.42% from the company's previous close.</p><p>Several other brokerages have also issued reports on BBSI. CJS Securities upgraded Barrett Business Services to a &#34;strong-buy&#34; rating in a research report on Thursday, December 11th. Wall Street Zen cut shares of Barrett Business Services from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Saturday, October 25th. Finally, Weiss Ratings  restated a &#34;hold (c+)&#34; rating on shares of Barrett Business Services in a research note on Monday, December 29th. One equities research analyst  has rated the stock with a Strong Buy rating, one  has given a Buy rating and one  has issued  a Hold rating to the company. According to data from MarketBeat.com, Barrett Business Services presently has an average rating of &#34;Buy&#34; and a consensus price target of $46.00.</p><p><b>Get Our Latest Report on BBSI</b></p><h2>Barrett Business Services Price Performance</h2><p>NASDAQ:BBSI traded up $0.88 during trading hours on Monday, hitting $37.27. 35,248 shares of the stock traded hands, compared to its average volume of 84,552. The company has a market cap of $955.04 million, a price-to-earnings ratio of 17.92, a price-to-earnings-growth ratio of 1.11 and a beta of 1.00. Barrett Business Services has a 1 year low of $33.01 and a 1 year high of $49.65. The stock has a 50 day moving average price of $36.37 and a 200 day moving average price of $41.89. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.31. </p><p>Barrett Business Services (NASDAQ:BBSI - Get Free Report) last released its earnings results on Wednesday, November 5th. The business services provider reported $0.79 earnings per share for the quarter, missing analysts' consensus estimates of $0.81 by ($0.02). Barrett Business Services had a net margin of 4.48% and a return on equity of 24.36%. The firm had revenue of $318.95 million for the quarter, compared to analysts' expectations of $319.27 million. During the same quarter last year, the firm posted $0.74 EPS. The firm's quarterly revenue was up 8.4% compared to the same quarter last year.  Sell-side analysts forecast that  Barrett Business Services will post 2 EPS for the current fiscal year. </p><h2>Insider Transactions at Barrett Business Services</h2><p>In other news, Director Joseph Stephen Clabby bought 1,000 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was purchased at an average price of $34.83 per share, for a total transaction of $34,830.00. Following the completion of the purchase, the director owned 15,391 shares in the company, valued at approximately $536,068.53. This trade represents a 6.95% increase in their position. The purchase was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. 4.10% of the stock is owned by corporate insiders. </p><h2>Institutional Trading of Barrett Business Services</h2><p>Several institutional investors and hedge funds have recently bought and sold shares of the business. Bessemer Group Inc. grew its position in  Barrett Business Services by 821,045.1% during the third quarter. Bessemer Group Inc. now owns 418,784 shares of the business services provider's stock worth $18,562,000 after buying an additional 418,733 shares during the period.  Riverbridge Partners LLC purchased a new stake in  Barrett Business Services during the second quarter worth $14,792,000.  Thrivent Financial for Lutherans grew its holdings in  Barrett Business Services by 20.6% in the third quarter. Thrivent Financial for Lutherans now owns 1,901,425 shares of the business services provider's stock valued at $84,271,000 after purchasing an additional 324,715 shares during the last quarter.  Trigran Investments Inc. increased its position in shares of  Barrett Business Services by 121.3% in the third quarter. Trigran Investments Inc. now owns 399,686 shares of the business services provider's stock valued at $17,714,000 after buying an additional 219,049 shares in the last quarter.  Finally, CSM Advisors LLC acquired a new position in shares of  Barrett Business Services during the 2nd quarter worth $6,155,000. Hedge funds and other institutional investors own  86.76% of the company's stock. </p><h2>About Barrett Business Services</h2> (Get Free Report)<p>Barrett Business Services, Inc <span>NASDAQ: BBSI<span></span></span> is a professional employer organization (PEO) headquartered in Northridge, California. Founded in 1971 by Barrett K. Levesque, the company provides comprehensive human resources outsourcing solutions to small and mid-sized businesses. Through its consultative model, Barrett Business Services helps clients streamline administrative processes, mitigate regulatory risk and focus on core operations.  </p><p>The company's core offerings include payroll administration, employee benefits management, workers' compensation and risk management services.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Barrett Business Services</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>Do not delete, read immediately</li><li>The $100 Trillion AI Story No One Is Telling You</li><li>This stock gets a 94 out of 100</li><li>3 Overlooked Deductions to Help Potentially Minimize Capital Gains Tax</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Barrett Business Services Right Now?</h2><p>Before you consider Barrett Business Services, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Barrett Business Services wasn't on the list.</p><p>While Barrett Business Services currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BBSI

<p>Barrington Research has reiterated an "outperform" rating for Barrett Business Services (BBSI) with a target price of $46.00, indicating a potential upside of 23.42%. The stock recently traded at $37.27, with a market cap of $955.04 million. Analysts have mixed ratings, with one strong buy, one buy, and one hold. The company reported $0.79 EPS for the last quarter, missing estimates slightly, but revenue increased by 8.4% year-over-year. Institutional investors hold 86.76% of the stock, reflecting strong interest in the company.</p>

Barrett Business Services' (BBSI) "Outperform" Rating Reiterated at Barrington Research