Star Equity Holdings, Inc. (NASDAQ:STRR – Get Free Report) CEO Jeffrey Eberwein bought 4,198 shares of Star Equity stock in a transaction on Thursday, May 21st. The stock was acquired at an average cost of $10.90 per share, for a total transaction of $45,758.20. Following the acquisition, the chief executive officer owned 1,059,384 shares in the company, valued at approximately $11,547,285.60. This represents a 0.40% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Star Equity Price Performance
Shares of STRR stock traded up $0.60 during trading hours on Thursday, reaching $11.10. The company’s stock had a trading volume of 11,114 shares, compared to its average volume of 7,742. The firm’s 50 day simple moving average is $9.72 and its 200-day simple moving average is $10.16. The company has a market capitalization of $41.03 million, a price-to-earnings ratio of -4.22 and a beta of 0.43. Star Equity Holdings, Inc. has a fifty-two week low of $8.26 and a fifty-two week high of $11.99. The company has a quick ratio of 1.84, a current ratio of 2.09 and a debt-to-equity ratio of 0.09.
Star Equity (NASDAQ:STRR – Get Free Report) last issued its earnings results on Monday, May 11th. The company reported ($0.99) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($1.04). The business had revenue of $50.06 million during 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%. Sell-side analysts forecast that Star Equity Holdings, Inc. will post -0.05 earnings per share for the current year.
Analysts Set New Price Targets
Get Our Latest Analysis on Star Equity
Key Headlines Impacting Star Equity
Here are the key news stories impacting Star Equity this week:
- Positive Sentiment: Litchfield Hills Research reiterated a Buy rating and $28 price objective, signaling continued analyst confidence in Star Equity’s longer-term upside.
- Positive Sentiment: The firm raised its Q2 2027 EPS estimate to $0.20 from $0.11 and increased its Q1 2027 loss estimate improvement to ($0.26) from ($0.36), suggesting some sequential earnings improvement.
- Positive Sentiment: Litchfield Hills Research kept its very bullish long-term view, forecasting FY2028 EPS of $1.60, FY2029 EPS of $1.75, FY2030 EPS of $1.85, and FY2027 EPS of $0.56.
- Neutral Sentiment: The current-year consensus remains for a small loss of ($0.05) per share, indicating that investors are still looking for a turnaround rather than near-term profitability.
- Negative Sentiment: The analyst lowered multiple near-term estimates, including Q2 2026 EPS to ($0.15) from $0.05, Q3 2026 EPS to $0.61 from $0.77, Q4 2026 EPS to $0.46 from $0.73, and FY2026 EPS to ($0.05) from $1.11, which may temper enthusiasm about the pace of recovery.
- Negative Sentiment: Q4 2027 EPS was cut sharply to $0.11 from $0.71, and FY2027 EPS was reduced to $0.56 from $1.46, highlighting softer expectations in parts of the forecast.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Heartland Advisors Inc. bought a new position in Star Equity during the 4th quarter worth $140,000. DRW Securities LLC bought a new position in Star Equity during the 4th quarter worth $268,000. Bridgeway Capital Management LLC bought a new position in Star Equity during the 4th quarter worth $276,000. RBF Capital LLC bought a new position in Star Equity during the 4th quarter worth $316,000. Finally, Geode Capital Management LLC bought a new position in Star Equity during the 4th quarter worth $352,000. 3.84% of the stock is owned by institutional investors.
About Star Equity
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.
Read More
- Five stocks we like better than Star Equity
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Receive News & Ratings for Star Equity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Star Equity and related companies with MarketBeat.com's FREE daily email newsletter.
