TrueBlue Inc. is a provider of specialized workforce solutions, helping clients improve growth and performance by providing staffing, recruitment process outsourcing and managed service provider solutions. The company was founded in 1985 and is based in Tacoma, Washington.
TBI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for TrueBlue Inc. To summarize, we found that TrueBlue Inc ranked in the 75th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for TBI, they are:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 94. Its equity weight surpasses that of 85.82% of free cash flow generating stocks in the Industrials sector.
The business' balance sheet reveals debt to be 6% of the company's capital (with equity being the remaining amount). Approximately merely 17.72% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
TrueBlue Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -45.17. This coverage rate is greater than that of merely 3.19% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of TrueBlue Inc? See ASR, AGCO, MLI, GFN, and MG.
TrueBlue, Inc. (TBI) Q2 2020 Earnings Conference Call July 27, 2020 05:00 PM ET Company Participants Derrek Gafford - Executive Vice President and Chief Financial Officer Patrick Beharelle - Chief Executive Officer Conference Call Participants Jeff Silber - BMO Capital Markets Mark Marcon - Baird Josh Vogel - Sidoti and...
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE: TBI) is pleased to announce that Chris Kreidler has been appointed to the Company’s Board of Directors, effective immediately. He will serve on TrueBlue’s Audit, Nominating and Corporate Governance, and Innovation and Technology committees. Mr. Kreidler, 56, is a seasoned senior executive with more than 30 years of global experience in strategic planning, finance, and operations across a range of large-scale consumer companies. Mr. Kreidler had a