Staffing 360 Solutions (STAF) Upgraded at Zacks Investment Research

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Staffing 360 Solutions (NASDAQ:STAF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

According to Zacks, “Staffing 360 Solutions, Inc. is engaged in a global buy-and-build strategy through the acquisition of staffing organizations in the US and the UK. Through both organic growth and acquisitions, the Company provides permanent placement services in the finance and accounting, administrative, engineering and IT staffing space. Staffing 360 Solutions, Inc. is headquartered in New York, with its UK headquarters in London. “

Shares of NASDAQ:STAF opened at $1.38 on Tuesday. Staffing 360 Solutions has a 12 month low of $1.14 and a 12 month high of $5.65.

Staffing 360 Solutions (NASDAQ:STAF) last issued its quarterly earnings data on Monday, November 19th. The business services provider reported ($0.43) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.37). The company had revenue of $71.32 million for the quarter, compared to the consensus estimate of $76.16 million. On average, sell-side analysts expect that Staffing 360 Solutions will post -1.19 earnings per share for the current fiscal year.

About Staffing 360 Solutions

Staffing 360 Solutions, Inc, a staffing company, engages in the acquisition of staffing companies in the United States and the United Kingdom. The company operates through three segments: Commercial – US, Professional – US, and Professional – UK. It focuses primarily on the staffing companies supporting accounting and finance, information technology, engineering, administration, and commercial disciplines.

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