Staffing 360 Solutions, Inc. to Post Q1 2024 Earnings of ($3.30) Per Share, Greenridge Global Forecasts (NASDAQ:STAF)

Staffing 360 Solutions, Inc. (NASDAQ:STAF) – Analysts at Greenridge Global lowered their Q1 2024 EPS estimates for shares of Staffing 360 Solutions in a research report issued to clients and investors on Tuesday, June 25th. Greenridge Global analyst W. Gregozeski now forecasts that the business services provider will post earnings of ($3.30) per share for the quarter, down from their prior estimate of ($1.60). The consensus estimate for Staffing 360 Solutions’ current full-year earnings is ($0.31) per share. Greenridge Global also issued estimates for Staffing 360 Solutions’ Q2 2024 earnings at ($1.50) EPS, Q3 2024 earnings at $0.40 EPS, Q4 2024 earnings at $0.20 EPS and FY2024 earnings at ($2.40) EPS.

Staffing 360 Solutions Price Performance

STAF opened at $1.99 on Thursday. The company has a fifty day moving average price of $2.98 and a 200-day moving average price of $3.28. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.39 and a current ratio of 0.39. Staffing 360 Solutions has a one year low of $1.91 and a one year high of $10.20.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Staffing 360 Solutions stock. Armistice Capital LLC purchased a new stake in shares of Staffing 360 Solutions, Inc. (NASDAQ:STAF) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 358,830 shares of the business services provider’s stock, valued at approximately $244,000. Armistice Capital LLC owned approximately 6.41% of Staffing 360 Solutions at the end of the most recent reporting period. 15.19% of the stock is currently owned by hedge funds and other institutional investors.

Staffing 360 Solutions Company Profile

Staffing 360 Solutions, Inc, a staffing company, engages in the acquisition of staffing companies in the United States and the United Kingdom. It provides temporary contractors, and permanent placement services. The company focuses primarily on the staffing companies supporting accounting and finance, information technology, engineering, administration, and commercial disciplines.