Barrett Business Services (NASDAQ:BBSI) Shares Break Above Two Hundred Day Moving Average After Earnings Miss

05 Nov 2026, 05:21 by Sarita Garza · The Markets Daily

Barrett Business Services, Inc. (NASDAQ:BBSI – Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday after the company announced better than expected quarterly earnings. The stock has a 200-day moving average of $32.94 and traded as high as $33.68. Barrett Business Services shares last traded at $33.10, with a volume of 290,714 shares traded.

The business services provider reported $0.67 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.02). The firm had revenue of $334.06 million for the quarter, compared to analyst estimates of $335.89 million. Barrett Business Services had a return on equity of 20.95% and a net margin of 2.77%.

Trending Headlines about Barrett Business Services

Here are the key news stories impacting Barrett Business Services this week:

Positive Sentiment: Revenue rose 5% year over year to $334.1 million, and gross billings increased 3% to $2.40 billion. BBSI also declared a dividend, providing a shareholder return. BBSI Reports Third Quarter 2026 Financial Results Barrett Business Services Reports Third-Quarter Results, Declares Dividend
Neutral Sentiment: BBSI opened a Pittsburgh-area branch in Canonsburg, Pennsylvania, expanding its local presence; the near-term financial impact was not specified. BBSI Opens Pittsburgh Branch
Negative Sentiment: Revenue of $334.1 million came in below the $335.9 million estimate. One report puts EPS at $0.67, short of the $0.69 consensus; Zacks separately reported EPS of $0.69, in line with estimates, but below $0.79 a year earlier. This mixed reporting aside, the revenue miss and lower year-over-year earnings are potential pressure points. Q3 Revenue Compared With Estimate Zacks Q3 Earnings Report

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on BBSI. Barrington Research set a $44.00 price target on shares of Barrett Business Services in a research report on Thursday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Barrett Business Services in a research note on Friday, October 9th. Citigroup reaffirmed an “outperform” rating on shares of Barrett Business Services in a research report on Thursday, August 6th. Zacks Research upgraded Barrett Business Services from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Roth Capital lowered Barrett Business Services from a “buy” rating to a “neutral” rating and lowered their target price for the company from $42.00 to $38.00 in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $41.00.

Get Our Latest Analysis on Barrett Business Services

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in shares of Barrett Business Services during the 2nd quarter valued at $72,793,000. Polar Asset Management Partners Inc. acquired a new position in shares of Barrett Business Services during the first quarter worth approximately $8,316,000. Bank of America Corp DE bought a new stake in Barrett Business Services in the 2nd quarter valued at $2,333,000. GSA Capital Partners LLP bought a new stake in shares of Barrett Business Services in the second quarter valued at about $2,401,000. Finally, Sei Investments Co. increased its position in shares of Barrett Business Services by 102.5% during the first quarter. Sei Investments Co. now owns 168,356 shares of the business services provider’s stock valued at $4,913,000 after purchasing an additional 85,230 shares during the period. 86.76% of the stock is owned by institutional investors and hedge funds.

Barrett Business Services Stock Performance

The company has a market cap of $802.34 million, a price-to-earnings ratio of 24.34, a PEG ratio of 1.22 and a beta of 0.93. The business’s 50 day moving average price is $32.57 and its 200-day moving average price is $32.94.

Barrett Business Services Company Profile

(Get Free Report)

Barrett Business Services, Inc (BBSI) provides business management solutions for small and mid-sized companies in the United States. Its services are designed to help clients manage administrative responsibilities and improve operational efficiency while allowing them to focus on their core businesses.