Professional
Added to YB: 2025-01-08
Pitch date: 2024-12-31
TBI [bullish]
TrueBlue, Inc.
-41.29%
current return
Author Info
No bio for this author
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
$8.38
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.77
P/E
-5.34
EV/Sales
0.16
Sector
Professional Services
Category
turnaround
Palm Valley Capital Fund Portfolio Holding: TrueBlue, Inc.
TBI: Blue-collar staffing co facing cyclical downturn, 30%+ drop in demand. Debt-free, near breakeven cash flow. Gaining customers despite lower volumes. Priced below tangible book value, 4x normalized op profit. Averaged down. Risks: illegal immigration competition. Significant upside potential if demand recovers.
Read full article (1 min)