Trueblue traded at $6.74 this Wednesday June 3rd. Looking back, over the last four weeks, Trueblue lost 12.90 percent. Over the last 12 months, its price rose by 12.52 percent. Looking ahead, we forecast Trueblue to be priced at 6.00 by the end of this quarter and at 5.65 in one year, according to Trading Economics global macro models projections and analysts expectations.
TrueBlue, Inc. is a provider of specialized workforce solutions. It operates through three segments: PeopleReady, PeopleManagement and PeopleScout. The PeopleReady segment provides skilled labor in a range of industries that includes construction, manufacturing and logistics, warehousing and distribution, retail, waste and recycling, energy, hospitality and general labor. The PeopleManagement segment provides contingent labor and outsourced industrial workforce solutions through On-site, which includes management and recruitment for the contingent industrial workforce of manufacturing, warehouse, and distribution facilities and Centerline Drivers, which includes recruitment and management of contingent and commercial drivers to the transportation and distribution industries. The PeopleScout segment provides permanent employee recruitment process outsourcing, employer branding services and management of outsourced labor service providers through PeopleScout RPO and PeopleScout MSP.