Litchfield Hills Research Predicts Star Equity Q1 Earnings

Star Equity Holdings, Inc. (NASDAQ:STRR) – Investment analysts at Litchfield Hills Research lifted their Q1 2027 earnings per share estimates for Star Equity in a research note issued to investors on Friday, November 6th. Litchfield Hills Research analyst T. O’neill now anticipates that the company will earn ($0.03) per share for the quarter, up from their previous forecast of ($0.05). The consensus estimate for Star Equity’s current full-year earnings is ($1.50) per share. Litchfield Hills Research also issued estimates for Star Equity’s Q2 2027 earnings at $0.27 EPS, Q3 2027 earnings at $0.58 EPS and Q4 2027 earnings at $0.37 EPS.

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

Star Equity Trading Down 2.4%

Shares of STRR opened at $8.79 on Wednesday. Star Equity has a fifty-two week low of $8.58 and a fifty-two week high of $11.91. The firm has a market cap of $32.44 million, a price-to-earnings ratio of -2.87 and a beta of 0.48. The firm has a 50 day moving average price of $9.91 and a 200-day moving average price of $10.25. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.73 and a current ratio of 1.96.

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

Institutional Investors Weigh In On Star Equity

A hedge fund recently raised its position in Star Equity stock. Renaissance Technologies LLC boosted its position in Star Equity Holdings, Inc. (NASDAQ:STRR) by 2.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 80,926 shares of the company’s stock after acquiring an additional 2,200 shares during the period. Renaissance Technologies LLC owned 2.19% of Star Equity worth $832,000 at the end of the most recent reporting period. 3.84% of the stock is owned by institutional investors and hedge funds.

About Star Equity

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.