Star Equity (NASDAQ:STRR) Downgraded to Strong Sell Rating by Zacks Research

Zacks Research downgraded shares of Star Equity (NASDAQ:STRR) from a hold rating to a strong sell rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

Several other equities analysts have also recently commented on STRR. Noble Financial upgraded Star Equity to a “strong-buy” rating in a research note on Wednesday, March 4th. Litchfield Hills Research increased 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. Finally, Weiss Ratings cut Star Equity from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Star Equity presently has an average rating of “Hold” and a consensus target price of $28.00.

Star Equity Stock Up 5.7%

STRR opened at $11.10 on Wednesday. The firm has a 50 day moving average price of $9.74 and a 200 day moving average price of $10.16. The company has a market cap of $41.07 million, a PE ratio of -4.22 and a beta of 0.43. Star Equity has a 1 year low of $8.26 and a 1 year high of $11.99. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.84 and a current ratio of 2.09.

Star Equity (NASDAQ:STRR) last posted its earnings results on Monday, May 11th. The company reported ($0.99) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 return on equity of 4.04% and a negative net margin of 4.18%. Sell-side analysts expect that Star Equity will post -0.43 earnings per share for the current year.

Insider Activity at Star Equity

In other Star Equity news, CEO Jeffrey E. Eberwein purchased 13,799 shares of the stock in a transaction dated Tuesday, May 19th. The shares were bought at an average cost of $10.09 per share, with a total value of $139,231.91. Following the completion of the acquisition, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders acquired 23,031 shares of company stock worth $235,773 and sold 23,000 shares worth $229,020. Company insiders own 33.51% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Mink Brook Asset Management LLC acquired a new position in shares of Star Equity in the 4th quarter valued at $3,538,000. Renaissance Technologies LLC boosted its position in shares of Star Equity by 2.8% in the 1st quarter. Renaissance Technologies LLC now owns 80,926 shares of the company’s stock valued at $832,000 after purchasing an additional 2,200 shares during the period. Rothschild Wealth LLC acquired a new position in shares of Star Equity in the 4th quarter valued at $746,000. Dimensional Fund Advisors LP acquired a new position in shares of Star Equity in the 4th quarter valued at $629,000. Finally, North Star Investment Management Corp. acquired a new position in shares of Star Equity in the 1st quarter valued at $565,000. Institutional investors own 3.84% of the company’s stock.

More Star Equity News

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.

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.