Star Equity (NASDAQ:STRR – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Wednesday,Zacks.com reports.
Several other analysts also recently weighed in on STRR. Litchfield Hills Research raised their target price on Star Equity from $21.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Weiss Ratings downgraded Star Equity from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday. Finally, Noble Financial upgraded Star Equity to a “strong-buy” rating in a research note on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Star Equity has an average rating of “Hold” and an average target price of $28.00.
Check Out Our Latest Stock Analysis on Star Equity
Star Equity Stock Up 5.7%
Star Equity (NASDAQ:STRR – Get Free Report) last announced its earnings results on Monday, May 11th. The company reported ($0.99) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($1.04). The business had revenue of $50.06 million for the quarter, compared to analyst estimates of $52.57 million. Star Equity had a negative net margin of 4.18% and a negative return on equity of 4.04%. As a group, equities analysts forecast that Star Equity will post -0.43 EPS for the current fiscal year.
Insider Buying and Selling
In other news, CEO Jeffrey E. Eberwein purchased 13,799 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was acquired at an average cost of $10.09 per share, for a total transaction of $139,231.91. Following the completion of the purchase, the chief executive officer owned 1,054,780 shares of the company’s stock, valued at approximately $10,642,730.20. This trade represents a 1.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders bought 23,031 shares of company stock valued at $235,773 and sold 23,000 shares valued at $229,020. Company insiders own 33.51% of the company’s stock.
Hedge Funds Weigh In On Star Equity
Hedge funds have recently bought and sold shares of the company. Heartland Advisors Inc. acquired a new position in Star Equity in the fourth quarter worth about $140,000. DRW Securities LLC acquired a new position in Star Equity in the fourth quarter worth about $268,000. Bridgeway Capital Management LLC acquired a new position in Star Equity in the fourth quarter valued at approximately $276,000. RBF Capital LLC acquired a new position in Star Equity in the fourth quarter valued at approximately $316,000. Finally, Geode Capital Management LLC acquired a new position in Star Equity in the fourth quarter valued at approximately $352,000. 3.84% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Star Equity
Here are the key news stories impacting Star Equity this week:
- Positive Sentiment: CEO Jeffrey E. Eberwein bought 13,799 shares, 4,198 shares, and 406 shares over several transactions, while director Todd Michael Fruhbeis also added shares, signaling insider confidence in Star Equity’s outlook.
- Neutral Sentiment: Litchfield Hills Research kept a Buy rating and $28 price target on STRR, even as it adjusted several near- and medium-term earnings estimates up and down.
- Negative Sentiment: Zacks Research downgraded Star Equity from Hold to Strong Sell, which could pressure sentiment and reflect concerns about the stock’s near-term risk/reward.
- Negative Sentiment: Litchfield Hills Research cut some earnings forecasts, including FY2026 and FY2027 estimates, highlighting ongoing uncertainty around future profitability.
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.
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