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$0.21 EPS Expected for TrueBlue, Inc. (TBI); Raymond James & Associates Trimmed Hni (HNI) Stake By $490,390

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Analysts expect TrueBlue, Inc. (NYSE:TBI) to report $0.21 EPS on April, 30 after the close.They anticipate $0.00 EPS change or 0.00% from last quarter’s $0.21 EPS. TBI’s profit would be $8.34M giving it 32.44 P/E if the $0.21 EPS is correct. After having $0.51 EPS previously, TrueBlue, Inc.’s analysts see -58.82% EPS growth. The stock decreased 2.85% or $0.8 during the last trading session, reaching $27.25. About 154,190 shares traded. TrueBlue, Inc. (NYSE:TBI) has declined 4.66% since April 21, 2017 and is downtrending. It has underperformed by 16.21% the S&P500.

Raymond James & Associates decreased Hni Corp (HNI) stake by 8.73% reported in 2017Q4 SEC filing. Raymond James & Associates sold 12,905 shares as Hni Corp (HNI)’s stock declined 5.47%. The Raymond James & Associates holds 134,953 shares with $5.21 million value, down from 147,858 last quarter. Hni Corp now has $1.53 billion valuation. The stock decreased 0.90% or $0.32 during the last trading session, reaching $35.32. About 113,527 shares traded. HNI Corporation (NYSE:HNI) has declined 22.88% since April 21, 2017 and is downtrending. It has underperformed by 34.43% the S&P500.

Since December 11, 2017, it had 0 insider purchases, and 19 sales for $5.59 million activity. ASKREN STANLEY A had sold 25,212 shares worth $884,941. Tjaden Kurt A also sold $144,000 worth of HNI Corporation (NYSE:HNI) on Tuesday, April 3. WATERS RONALD V also sold $200,000 worth of HNI Corporation (NYSE:HNI) on Tuesday, January 16.

Analysts await HNI Corporation (NYSE:HNI) to report earnings on April, 30 after the close. They expect $0.03 EPS, down 88.46% or $0.23 from last year’s $0.26 per share. HNI’s profit will be $1.30 million for 294.33 P/E if the $0.03 EPS becomes a reality. After $0.47 actual EPS reported by HNI Corporation for the previous quarter, Wall Street now forecasts -93.62% negative EPS growth.

Among 3 analysts covering HNI (NYSE:HNI), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. HNI had 5 analyst reports since September 20, 2016 according to SRatingsIntel. The firm earned “Mkt Perform” rating on Tuesday, September 20 by Raymond James. Sidoti initiated the shares of HNI in report on Saturday, January 7 with “Neutral” rating. The stock of HNI Corporation (NYSE:HNI) has “Neutral” rating given on Friday, November 4 by Seaport Global. The rating was downgraded by Raymond James to “Hold” on Tuesday, October 24. The rating was upgraded by Raymond James on Wednesday, August 23 to “Buy”.

Investors sentiment increased to 1.37 in Q4 2017. Its up 0.22, from 1.15 in 2017Q3. It is positive, as 12 investors sold HNI shares while 47 reduced holdings. 32 funds opened positions while 49 raised stakes. 30.16 million shares or 0.68% less from 30.37 million shares in 2017Q3 were reported. Arrowmark Colorado Holding Ltd Liability invested in 0.05% or 120,000 shares. Credit Suisse Ag, Switzerland-based fund reported 79,333 shares. Putnam Invs Ltd Liability owns 40,900 shares. Rhumbline Advisers accumulated 79,926 shares. Bnp Paribas Arbitrage reported 20,674 shares. Wells Fargo Mn holds 548,673 shares or 0.01% of its portfolio. Deprince Race Zollo stated it has 0.83% of its portfolio in HNI Corporation (NYSE:HNI). Janney Montgomery Scott Ltd holds 0% of its portfolio in HNI Corporation (NYSE:HNI) for 7,326 shares. Louisiana State Employees Retirement reported 11,000 shares. Landscape Capital Mngmt Limited Co invested 0.03% of its portfolio in HNI Corporation (NYSE:HNI). Proshare Advsrs Limited Liability Corp stated it has 0% in HNI Corporation (NYSE:HNI). Georgia-based Voya Invest Ltd Com has invested 0% in HNI Corporation (NYSE:HNI). 134,953 are owned by Raymond James Associate. Qs Investors Ltd Com reported 24 shares. Schwab Charles Investment Management accumulated 0.01% or 347,287 shares.

Raymond James & Associates increased Spdr Ser Tr stake by 9,649 shares to 101,506 valued at $4.97 million in 2017Q4. It also upped Spdr Series Trust (XPH) stake by 49,976 shares and now owns 91,909 shares. Ishares Tr (SHYG) was raised too.

Among 5 analysts covering TrueBlue (NYSE:TBI), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. TrueBlue had 22 analyst reports since July 24, 2015 according to SRatingsIntel. As per Thursday, April 21, the company rating was downgraded by Robert W. Baird. BMO Capital Markets maintained the stock with “Hold” rating in Friday, October 13 report. On Thursday, February 8 the stock rating was maintained by BMO Capital Markets with “Market Perform”. Robert W. Baird maintained TrueBlue, Inc. (NYSE:TBI) on Wednesday, February 7 with “Hold” rating. The stock of TrueBlue, Inc. (NYSE:TBI) earned “Hold” rating by Deutsche Bank on Friday, October 16. The firm earned “Sell” rating on Thursday, October 20 by Deutsche Bank. The stock has “Sell” rating by Deutsche Bank on Thursday, August 18. The firm has “Outperform” rating by Robert W. Baird given on Thursday, October 22. Robert W. Baird maintained the shares of TBI in report on Tuesday, October 31 with “Neutral” rating. BMO Capital Markets maintained TrueBlue, Inc. (NYSE:TBI) on Wednesday, November 1 with “Market Perform” rating.

TrueBlue, Inc. provides contingent staffing, recruitment process outsourcing, and contingent staffing management services in the United States, Canada, and Puerto Rico. The company has market cap of $1.08 billion. It operates through three divisions: PeopleReady, PeopleManagement, and PeopleScout. It has a 20.34 P/E ratio. The PeopleReady segment offers a range of staffing solutions for blue-collar, contingent on-demand, and skilled labor in retail, manufacturing, warehousing, logistics, energy, construction, hospitality, and other industries under Labor Ready, CLP Resources, and Spartan Staffing brand names.

Investors sentiment decreased to 0.88 in 2017 Q4. Its down 0.55, from 1.43 in 2017Q3. It dropped, as 19 investors sold TrueBlue, Inc. shares while 71 reduced holdings. 29 funds opened positions while 50 raised stakes. 37.08 million shares or 0.26% less from 37.18 million shares in 2017Q3 were reported. Jennison Assoc Limited Liability Com stated it has 30,479 shares or 0% of all its holdings. 183,929 are held by Cornerstone Cap Holdings Ltd Limited Liability Company. Zurcher Kantonalbank (Zurich Cantonalbank) owns 0% invested in TrueBlue, Inc. (NYSE:TBI) for 1,916 shares. Cornercap Counsel holds 69,935 shares. Royal Bancshares Of Canada accumulated 5,500 shares. 106,347 were accumulated by Qs Ltd Liability Corp. Lsv Asset Management holds 93,900 shares. Moreover, Pnc Group Incorporated has 0% invested in TrueBlue, Inc. (NYSE:TBI). Meeder Asset Mgmt Inc has invested 0.01% in TrueBlue, Inc. (NYSE:TBI). Moreover, Kbc Group Nv has 0.01% invested in TrueBlue, Inc. (NYSE:TBI) for 21,274 shares. Lucus Advsr Limited Com reported 0.47% stake. Tradewinds Cap Management Limited Liability Company has invested 0% in TrueBlue, Inc. (NYSE:TBI). Legal & General Gp Public Limited Company stated it has 0% of its portfolio in TrueBlue, Inc. (NYSE:TBI). Voya Investment Management Limited Liability Corporation reported 0% of its portfolio in TrueBlue, Inc. (NYSE:TBI). Blackrock Incorporated invested in 0.01% or 5.31M shares.

TrueBlue, Inc. (NYSE:TBI) Institutional Positions Chart

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