Staffing 360 Solutions Inc (NASDAQ:STAF) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Analysts have set a twelve-month consensus price objective of $3.50 for the company and are anticipating that the company will post ($0.07) earnings per share for the current quarter, according to Zacks. Zacks has also given Staffing 360 Solutions an industry rank of 197 out of 256 based on the ratings given to its competitors.
Separately, Zacks Investment Research lowered GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a research report on Thursday, July 4th.
NASDAQ:STAF traded down $0.01 during trading hours on Thursday, hitting $1.76. 53,097 shares of the company’s stock traded hands, compared to its average volume of 382,155. The stock has a market cap of $14.50 million, a price-to-earnings ratio of -4.09 and a beta of 1.69. Staffing 360 Solutions has a twelve month low of $1.30 and a twelve month high of $3.65. The company has a debt-to-equity ratio of 5.30, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a fifty day moving average price of $1.62.
Staffing 360 Solutions (NASDAQ:STAF) last posted its quarterly earnings results on Monday, May 13th. The business services provider reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.08). The company had revenue of $73.83 million during the quarter, compared to analysts’ expectations of $78.34 million. As a group, research analysts predict that Staffing 360 Solutions will post -0.3 EPS for the current year.
In other news, Chairman Brendan Flood bought 50,000 shares of the company’s stock in a transaction on Tuesday, June 25th. The shares were bought at an average cost of $1.60 per share, with a total value of $80,000.00. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 6.60% of the company’s stock.
An institutional investor recently raised its position in Staffing 360 Solutions stock. Virtu Financial LLC lifted its stake in shares of Staffing 360 Solutions Inc (NASDAQ:STAF) by 211.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 42,307 shares of the business services provider’s stock after acquiring an additional 28,710 shares during the quarter. Virtu Financial LLC owned about 0.51% of Staffing 360 Solutions worth $62,000 as of its most recent filing with the SEC. 3.49% of the stock is currently owned by institutional investors.
Staffing 360 Solutions Company Profile
Staffing 360 Solutions, Inc, a staffing company, engages in the acquisition of staffing companies in the United States and the United Kingdom. The company operates through three segments: Commercial – US, Professional – US, and Professional – UK. It focuses primarily on the staffing companies supporting accounting and finance, information technology, engineering, administration, and commercial disciplines.
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