Added to YB: 2025-10-08
Pitch date: 2025-10-06
TBI [bullish]
TrueBlue, Inc.
-17.45%
current return
Author Info
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Company Info
TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico.
Market Cap
$152.1M
Pitch Price
$5.96
Price Target
14.00 (+185%)
Dividend
N/A
EV/EBITDA
15.77
P/E
-5.34
EV/Sales
0.16
Sector
Professional Services
Category
turnaround
Shares in This Labor Staffing Company Could Become the Next Pitney Bowes Situation - TrueBlue, Inc.
TBI: Activist Eric Su calls out poor M&A ($490M spent, EBITDA now 1/6th of pre-spree levels), remote C-suite, bad buyback timing. His turnaround plan targets $70M EBITDA by 2027 via sales force reorg, franchise model (+$57M EBITDA), cost cuts. Stock at 0.6x book, potential upside to $21/share.
Read full article (7 min)