Key Points
- On Dec. 31 the company's CEO Jeffrey Eberwein purchased 1,977 shares at an average price of $11.09 (≈$21,925), increasing his direct holdings to 1,007,824 shares (a 0.20% rise); the trade was disclosed on an SEC Form 4.
- Star Equity (NASDAQ:STRR) has a market cap of $38.66 million, a negative P/E of -7.12, a 52‑week range of $8.26–$13.65, and 50‑day/200‑day moving averages of $10.57 and $7.16, respectively.
- The company missed quarterly EPS ($0.02 vs. $0.32 expected), reported negative net margin and ROE, and carries a mixed analyst consensus of "Reduce" with a $13 average target (1 Buy, 1 Hold, 2 Sell).
Star Equity Holdings, Inc. (NASDAQ:STRR - Get Free Report) CEO Jeffrey Eberwein acquired 1,977 shares of the stock in a transaction that occurred on Wednesday, December 31st. The stock was acquired at an average price of $11.09 per share, for a total transaction of $21,924.93. Following the transaction, the chief executive officer directly owned 1,007,824 shares of the company's stock, valued at $11,176,768.16. This represents a 0.20% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Star Equity Price Performance
Star Equity stock opened at $11.25 on Thursday. The stock has a market cap of $38.66 million, a price-to-earnings ratio of -7.12 and a beta of 0.49. The company has a quick ratio of 1.83, a current ratio of 2.07 and a debt-to-equity ratio of 0.10. The business has a 50-day simple moving average of $10.57 and a 200 day simple moving average of $7.16. Star Equity Holdings, Inc. has a 52 week low of $8.26 and a 52 week high of $13.65.
Star Equity (NASDAQ:STRR - Get Free Report) last issued its quarterly earnings results on Thursday, November 13th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by ($0.30). Star Equity had a negative net margin of 3.22% and a negative return on equity of 2.33%. The business had revenue of $47.96 million for the quarter, compared to the consensus estimate of $45.68 million. On average, research analysts forecast that Star Equity Holdings, Inc. will post -1.2 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Zacks Research lowered shares of Star Equity from a "hold" rating to a "strong sell" rating in a research report on Thursday, November 20th. Litchfield Hills Research assumed coverage on Star Equity in a research note on Tuesday, December 16th. They issued a "buy" rating and a $21.00 target price for the company. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of Star Equity in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus target price of $13.00.
Check Out Our Latest Analysis on STRR
About Star Equity
(
Get Free Report)
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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