Analysts Issue Forecasts for Star Equity FY2027 Earnings

Star Equity Holdings, Inc. (NASDAQ:STRR) – Equities research analysts at Litchfield Hills Research issued their FY2027 earnings per share estimates for shares of Star Equity in a report released on Monday, March 23rd. Litchfield Hills Research analyst T. O’neill anticipates that the company will earn $1.46 per share 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 issued reports on STRR. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Star Equity in a report on Thursday, January 22nd. Zacks Research raised shares of Star Equity from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Finally, Noble Financial raised Star Equity to a “strong-buy” rating in a research report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Star Equity currently has a consensus rating of “Hold” and a consensus price target of $16.50.

Star Equity Price Performance

Shares of NASDAQ:STRR opened at $9.69 on Tuesday. Star Equity has a 12 month low of $8.26 and a 12 month high of $11.99. The company has a current ratio of 2.07, a quick ratio of 1.83 and a debt-to-equity ratio of 0.10. The stock has a market cap of $33.33 million, a P/E ratio of -4.73 and a beta of 0.58. The company has a 50 day moving average of $10.09 and a 200 day moving average of $10.49.

Star Equity (NASDAQ:STRR) last announced its 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). Star Equity had a negative return on equity of 1.27% and a negative net margin of 3.44%.The business had revenue of $56.79 million during the quarter, compared to analysts’ expectations of $59.08 million.

Insider Buying and Selling

In related news, CEO Jeffrey E. Eberwein sold 4,365 shares of Star Equity stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $9.12, for a total transaction of $39,808.80. Following the transaction, the chief executive officer owned 787,217 shares in the company, valued at approximately $7,179,419.04. The trade was a 0.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders have purchased 16,977 shares of company stock worth $190,728 and have sold 23,000 shares worth $213,783. Insiders own 10.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in STRR. Heartland Advisors Inc. bought a new position in Star Equity during the fourth quarter valued at $140,000. DRW Securities LLC purchased a new stake in shares of Star Equity in the fourth quarter valued at approximately $268,000. Bridgeway Capital Management LLC bought a new position in shares of Star Equity during the 4th quarter worth $276,000. RBF Capital LLC purchased a new position in Star Equity during the 4th quarter valued at about $316,000. Finally, Geode Capital Management LLC bought a new position in Star Equity in the fourth quarter worth approximately $352,000. Hedge funds and other 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.