Research Analysts Set Expectations for Star Equity FY2027 Earnings

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

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

Star Equity Trading Up 3.9%

Shares of STRR stock opened at $9.69 on Tuesday. The business’s 50 day moving average is $10.09 and its two-hundred day moving average is $10.49. The company has a quick ratio of 1.83, a current ratio of 2.07 and a debt-to-equity ratio of 0.10. Star Equity has a 12 month low of $8.26 and a 12 month high of $11.99. The company has a market cap of $33.33 million, a PE ratio of -4.73 and a beta of 0.58.

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 analysts’ consensus estimates of $0.13 by ($0.23). The company had revenue of $56.79 million during the quarter, compared to analyst estimates of $59.08 million. Star Equity had a negative return on equity of 1.27% and a negative net margin of 3.44%.

Insider Transactions at Star Equity

In other news, CEO Jeffrey E. Eberwein sold 4,365 shares of the stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $9.12, for a total transaction of $39,808.80. Following the completion of the transaction, the chief executive officer directly owned 787,217 shares in the company, valued at $7,179,419.04. This represents a 0.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In the last quarter, insiders have acquired 16,977 shares of company stock valued at $190,728 and have sold 23,000 shares valued at $213,783. Insiders own 10.40% of the company’s stock.

Institutional Investors Weigh In On Star Equity

Large investors have recently added to or reduced their stakes in the business. Mink Brook Asset Management LLC acquired a new stake in shares of Star Equity during the fourth quarter worth $3,538,000. Renaissance Technologies LLC bought a new stake in shares of Star Equity during the 4th quarter worth approximately $886,000. Rothschild Wealth LLC acquired a new stake in shares of Star Equity during the 4th quarter worth approximately $746,000. Dimensional Fund Advisors LP bought a new position in shares of Star Equity in the 4th quarter valued at $629,000. Finally, Manatuck Hill Partners LLC bought a new position in Star Equity in the fourth quarter valued at about $358,000. Institutional investors own 3.84% of the company’s stock.

About Star Equity

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.