Star Equity FY2027 EPS Forecast Reduced by Noble Financial

Star Equity Holdings, Inc. (NASDAQ:STRR) – Analysts at Noble Financial reduced their FY2027 EPS estimates for shares of Star Equity in a research report issued to clients and investors on Monday, August 17th. Noble Financial analyst J. Gomes now forecasts that the company will post earnings of $1.36 per share for the year, down from their previous forecast of $1.46. The consensus estimate for Star Equity’s current full-year earnings is ($1.00) per share.

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

STRR has been the subject of a number of other reports. Zacks Research raised shares of Star Equity from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Star Equity in a report on Monday, August 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $28.00.

Star Equity Stock Up 1.5%

Shares of NASDAQ STRR opened at $10.25 on Monday. Star Equity has a 12-month low of $8.38 and a 12-month high of $11.99. The company has a market capitalization of $37.82 million, a PE ratio of -3.35 and a beta of 0.51. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.96 and a quick ratio of 1.73. The firm’s 50-day moving average is $10.86 and its two-hundred day moving average is $10.38.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of STRR. Heartland Advisors Inc. purchased a new position in shares of Star Equity during the 4th quarter worth $140,000. DRW Securities LLC purchased a new stake in shares of Star Equity in the fourth quarter valued at $268,000. Bridgeway Capital Management LLC acquired a new position in Star Equity in the fourth quarter valued at $276,000. RBF Capital LLC purchased a new position in Star Equity during the fourth quarter worth about $316,000. Finally, Geode Capital Management LLC purchased a new position in Star Equity during the fourth quarter worth about $352,000. 3.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Star Equity

In other news, CEO Jeffrey E. Eberwein acquired 4,766 shares of the business’s stock in a transaction dated Monday, June 22nd. The stock was acquired at an average price of $11.16 per share, with a total value of $53,188.56. Following the completion of the transaction, the chief executive officer directly owned 1,115,714 shares in the company, valued at approximately $12,451,368.24. This represents a 0.43% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have bought 54,430 shares of company stock worth $624,831 in the last ninety days. Insiders own 31.60% of the company’s stock.

Star Equity Company Profile

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.