GEE Group (JOB) Upgraded to “Buy” by Zacks Investment Research

Zacks Investment Research upgraded shares of GEE Group (NYSEAMERICAN:JOB) from a hold rating to a buy rating in a research report sent to investors on Tuesday. They currently have $3.00 price objective on the stock.

According to Zacks, “GEE Group Inc. is a provider of professional staffing services and solutions. GEE Group Inc., formerly known as General Employment Enterprises, Inc., is based in Naperville, Illinois. “

Separately, Maxim Group set a $8.00 target price on GEE Group and gave the company a buy rating in a research report on Wednesday, February 14th.

Shares of GEE Group (NYSEAMERICAN:JOB) opened at $2.57 on Tuesday. The firm has a market capitalization of $25.39, a price-to-earnings ratio of -10.71 and a beta of 0.23. GEE Group has a 1 year low of $2.45 and a 1 year high of $7.00.

GEE Group (NYSEAMERICAN:JOB) last issued its earnings results on Thursday, December 28th. The company reported ($0.15) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.16) by $0.01. GEE Group had a return on equity of 67.72% and a net margin of 8.04%.

In other news, Director Arthur B. Laffer bought 12,289 shares of the firm’s stock in a transaction on Wednesday, January 10th. The stock was acquired at an average cost of $2.59 per share, with a total value of $31,828.51. Following the transaction, the director now directly owns 90,160 shares in the company, valued at approximately $233,514.40. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Several institutional investors and hedge funds have recently added to or reduced their stakes in JOB. Vanguard Group Inc. raised its position in shares of GEE Group by 2.7% in the 2nd quarter. Vanguard Group Inc. now owns 77,099 shares of the company’s stock worth $399,000 after acquiring an additional 2,049 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in shares of GEE Group in the 3rd quarter worth $443,000. Finally, Wells Fargo & Company MN bought a new position in shares of GEE Group in the 4th quarter worth $250,000.

COPYRIGHT VIOLATION WARNING: This story was originally published by Stock Observer and is the property of of Stock Observer. If you are reading this story on another publication, it was stolen and republished in violation of U.S. and international copyright & trademark laws. The correct version of this story can be read at

GEE Group Company Profile

GEE Group Inc, formerly General Employment Enterprises, Inc, is a provider of specialized staffing solutions. The Company operates through two segments: contract staffing services and direct hire placement. The Company’s professional staffing services provide information technology, engineering, medical and accounting professionals to clients on either a regular placement basis or a temporary contract basis.

Get a free copy of the Zacks research report on GEE Group (JOB)

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

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

Leave a Reply