FY2027 EPS Estimate for Star Equity Lifted by Analyst

Star Equity Holdings, Inc. (NASDAQ:STRR) – Equities researchers at Litchfield Hills Research upped their FY2027 earnings estimates for Star Equity in a report released on Friday, November 6th. Litchfield Hills Research analyst T. O’neill now expects that the company will earn $1.20 per share for the year, up from their previous forecast of $1.10. The consensus estimate for Star Equity’s current full-year earnings is ($1.50) per share.

Several other research firms have also issued reports on STRR. Weiss Ratings upgraded Star Equity from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, September 28th. Zacks Research downgraded Star Equity from a “hold” rating to a “strong sell” rating in a research report on Monday, October 19th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $28.00.

Star Equity Trading Down 1.2%

Shares of STRR stock opened at $9.01 on Tuesday. The stock has a market capitalization of $33.25 million, a PE ratio of -2.94 and a beta of 0.48. Star Equity has a 1-year low of $8.95 and a 1-year high of $11.91. The business has a 50-day moving average of $9.94 and a 200 day moving average of $10.26. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.96 and a quick ratio of 1.73.

Star Equity (NASDAQ:STRR) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.08). Star Equity had a negative net margin of 4.35% and a negative return on equity of 4.21%. The company had revenue of $54.94 million for the quarter, compared to the consensus estimate of $56.92 million.

Hedge Funds Weigh In On Star Equity

An institutional investor recently raised its stake in Star Equity stock. Renaissance Technologies LLC grew its holdings in Star Equity Holdings, Inc. (NASDAQ:STRR) by 2.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 80,926 shares of the company’s stock after buying an additional 2,200 shares during the quarter. Renaissance Technologies LLC owned approximately 2.19% of Star Equity worth $832,000 at the end of the most recent quarter. Institutional investors own 3.84% of the company’s stock.

Star Equity Company Profile

Star Equity Holdings, Inc is a diversified holding company headquartered in the United States. Formerly known as Digirad Corporation, the company adopted the Star Equity Holdings name as it expanded beyond its original healthcare operations.

Through its Building Solutions segment, Star Equity provides structural wall panels, engineered wood products and related construction services for residential and commercial projects. Its operations support builders and developers with off-site and prefabricated construction products designed for use in a range of building applications.

Star Equity’s Healthcare segment provides diagnostic imaging services, equipment and related support.