Brokers Issue Forecasts for Star Equity FY2027 Earnings

Star Equity Holdings, Inc. (NASDAQ:STRR) – Stock analysts at Litchfield Hills Research issued their FY2027 EPS estimates for Star Equity in a research note issued to investors on Monday, March 23rd. Litchfield Hills Research analyst T. O’neill forecasts that the company will post earnings of $1.46 per share for the year. Litchfield Hills Research has a “Buy” rating and a $28.00 price objective on the stock. The consensus estimate for Star Equity’s current full-year earnings is ($1.20) per share.

Other research analysts have also issued reports about the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Star Equity in a research report on Thursday, January 22nd. Zacks Research raised Star Equity from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Finally, Noble Financial upgraded Star Equity to a “strong-buy” rating in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $16.50.

Star Equity Stock Up 2.0%

STRR stock opened at $9.88 on Tuesday. Star Equity has a one year low of $8.26 and a one year high of $11.99. The firm has a market cap of $36.65 million, a PE ratio of -4.82 and a beta of 0.58. The firm’s 50 day moving average price is $10.07 and its 200-day moving average price is $10.49. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.83 and a current ratio of 2.10.

Star Equity (NASDAQ:STRR) last posted its quarterly earnings results on Tuesday, March 17th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.23). The firm had revenue of $56.79 million during the quarter, compared to analysts’ expectations of $59.08 million. Star Equity had a negative net margin of 3.44% and a negative return on equity of 1.17%.

Institutional Trading of Star Equity

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Manatuck Hill Partners LLC acquired a new position in Star Equity during the fourth quarter worth $358,000. Bridgeway Capital Management LLC purchased a new position in shares of Star Equity during the fourth quarter worth $276,000. Rothschild Wealth LLC acquired a new stake in shares of Star Equity in the fourth quarter valued at $746,000. RBF Capital LLC acquired a new stake in shares of Star Equity in the fourth quarter valued at $316,000. Finally, Mink Brook Asset Management LLC purchased a new stake in shares of Star Equity in the 4th quarter valued at $3,538,000. Hedge funds and other institutional investors own 3.84% of the company’s stock.

Insider Activity at Star Equity

In related news, CEO Jeffrey E. Eberwein acquired 9,709 shares of the firm’s stock in a transaction dated Monday, December 29th. The shares were purchased at an average cost of $11.25 per share, for a total transaction of $109,226.25. Following the acquisition, the chief executive officer owned 1,000,556 shares in the company, valued at $11,256,255. The trade was a 0.98% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last quarter, insiders have purchased 16,977 shares of company stock valued at $190,728. Corporate insiders own 10.40% of the company’s stock.

Star Equity Company Profile

Hudson Global, Inc is a publicly traded talent acquisition and recruitment firm that provides a range of staffing and workforce solutions to organizations around the world. Operating primarily through two service lines—recruitment process outsourcing (RPO) and retained executive search—the company connects employers with qualified professionals across a variety of disciplines, including finance, accounting, technology, human resources and legal. Its flexible engagement models encompass project-based sourcing, volume hiring and high-level leadership searches, enabling clients to tailor recruitment strategies to their specific business objectives.

With a global footprint spanning North America, Europe, Asia-Pacific and Latin America, Hudson Global supports multinational corporations as well as regional and niche market clients.