Zacks Investment Research upgraded shares of Staffing 360 Solutions (NASDAQ:STAF) from a hold rating to a buy rating in a research note issued to investors on Saturday morning. The brokerage currently has $3.75 target price on the business services provider’s stock.

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. “

Staffing 360 Solutions (STAF) opened at $3.50 on Friday. Staffing 360 Solutions has a one year low of $2.25 and a one year high of $6.60. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 8.94. The firm has a market capitalization of $13.58, a PE ratio of -0.83 and a beta of 0.75.

Staffing 360 Solutions (NASDAQ:STAF) last released its earnings results on Wednesday, November 15th. The business services provider reported $0.30 earnings per share for the quarter, beating the consensus estimate of ($0.75) by $1.05. Staffing 360 Solutions had a negative return on equity of 64.82% and a negative net margin of 5.98%. equities research analysts expect that Staffing 360 Solutions will post -3.3 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Staffing 360 Solutions (STAF) Stock Rating Upgraded by Zacks Investment Research” was reported by Daily Political and is the sole property of of Daily Political. If you are reading this report on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this report can be read at https://www.dailypolitical.com/2018/01/16/staffing-360-solutions-staf-stock-rating-upgraded-by-zacks-investment-research.html.

About Staffing 360 Solutions

Get a free copy of the Zacks research report on Staffing 360 Solutions (STAF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Staffing 360 Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Staffing 360 Solutions and related companies with MarketBeat.com's FREE daily email newsletter.