Staffing 360 Solutions (STAF) Upgraded to “Buy” by Zacks Investment Research

Staffing 360 Solutions (NASDAQ:STAF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Friday, January 5th. The firm currently has a $0.75 target price on the business services provider’s stock. Zacks Investment Research‘s target price would indicate a potential downside of 78.57% from the stock’s previous close.

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 Staffing 360 Solutions (STAF) traded up $0.15 during midday trading on Friday, hitting $3.50. 194,600 shares of the company’s stock were exchanged, compared to its average volume of 137,022. Staffing 360 Solutions has a one year low of $2.25 and a one year high of $6.60. The company has a market capitalization of $13.58, a P/E ratio of -0.83 and a beta of 0.75. The company has a debt-to-equity ratio of 8.94, a quick ratio of 0.86 and a current ratio of 0.86.

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

ILLEGAL ACTIVITY WARNING: “Staffing 360 Solutions (STAF) Upgraded to “Buy” by Zacks Investment Research” was first posted by BBNS and is the property of of BBNS. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this piece of content can be read at https://baseballnewssource.com/markets/staffing-360-solutions-staf-lifted-to-buy-at-zacks-investment-research/1819355.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.

 


Latest News

Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets


Leave a Reply

 
© 2006-2018 BBNS.