Star Equity Holdings, Inc. (NASDAQ:STRR – Get Free Report) CEO Jeffrey Eberwein acquired 1,482 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were purchased at an average cost of $11.59 per share, for a total transaction of $17,176.38. Following the completion of the purchase, the chief executive officer directly owned 1,081,126 shares of the company’s stock, valued at approximately $12,530,250.34. The trade was a 0.14% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Star Equity Price Performance
Shares of Star Equity stock opened at $11.55 on Thursday. The company has a current ratio of 2.09, a quick ratio of 1.84 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $42.74 million, a price-to-earnings ratio of -4.39 and a beta of 0.49. Star Equity Holdings, Inc. has a 1-year low of $8.26 and a 1-year high of $11.99. The firm’s 50-day moving average price is $10.08 and its two-hundred day moving average price is $10.24.
Star Equity (NASDAQ:STRR – Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $50.06 million for the quarter, compared to the consensus estimate of $52.57 million. Star Equity had a negative return on equity of 4.04% and a negative net margin of 4.18%. On average, equities analysts predict that Star Equity Holdings, Inc. will post -0.43 earnings per share for the current fiscal year.
Institutional Trading of Star Equity
Analyst Upgrades and Downgrades
Several analysts have weighed in on the stock. Zacks Research cut shares of Star Equity from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 20th. Noble Financial raised shares of Star Equity to a “strong-buy” rating in a research note on Wednesday, March 4th. Litchfield Hills Research increased their price target on shares of Star Equity from $21.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Finally, Weiss Ratings cut shares of Star Equity from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $28.00.
Read Our Latest Stock Analysis on STRR
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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