FY2027 EPS Forecast for Star Equity Lifted by Analyst

Star Equity Holdings, Inc. (NASDAQ:STRR) – Litchfield Hills Research lifted their FY2027 EPS estimates for shares of Star Equity in a report issued on Friday, November 6th. Litchfield Hills Research analyst T. O’neill now expects that the company will post earnings of $1.20 per share for the year, up from their prior estimate of $1.10. The consensus estimate for Star Equity’s current full-year earnings is ($1.50) per share.

Other research analysts have also recently issued research reports about the company. Zacks Research cut Star Equity from a “hold” rating to a “strong sell” rating in a research note on Monday, October 19th. Weiss Ratings raised Star Equity from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $28.00.

Star Equity Stock Performance

Star Equity stock opened at $9.01 on Tuesday. Star Equity has a fifty-two week low of $8.95 and a fifty-two week high of $11.91. The stock’s 50 day simple moving average is $9.94 and its two-hundred day simple moving average is $10.26. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.73 and a current ratio of 1.96. The stock has a market cap of $33.25 million, a price-to-earnings ratio of -2.94 and a beta of 0.48.

Star Equity (NASDAQ:STRR) last announced its quarterly earnings results on Friday, August 14th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.08). Star Equity had a negative net margin of 4.35% and a negative return on equity of 4.21%. The company had revenue of $54.94 million for the quarter, compared to analysts’ expectations of $56.92 million.

Institutional Trading of Star Equity

An institutional investor recently raised its position in Star Equity stock. Renaissance Technologies LLC lifted its holdings in Star Equity Holdings, Inc. (NASDAQ:STRR) by 2.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,926 shares of the company’s stock after purchasing an additional 2,200 shares during the quarter. Renaissance Technologies LLC owned 2.19% of Star Equity worth $832,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 3.84% of the stock is currently owned by institutional investors and hedge funds.

Star Equity Company Profile

Star Equity Holdings, Inc is a diversified holding company headquartered in the United States. Formerly known as Digirad Corporation, the company adopted the Star Equity Holdings name as it expanded beyond its original healthcare operations.

Through its Building Solutions segment, Star Equity provides structural wall panels, engineered wood products and related construction services for residential and commercial projects. Its operations support builders and developers with off-site and prefabricated construction products designed for use in a range of building applications.

Star Equity’s Healthcare segment provides diagnostic imaging services, equipment and related support.