Q1 2023 EPS Estimates for Star Equity Holdings, Inc. (NASDAQ:STRR) Lifted by Analyst

Star Equity Holdings, Inc. (NASDAQ:STRRGet Rating) – Stock analysts at Litchfield Hills Research boosted their Q1 2023 earnings per share (EPS) estimates for shares of Star Equity in a report released on Wednesday, November 23rd. Litchfield Hills Research analyst T. O�Neill now expects that the company will post earnings per share of $0.04 for the quarter, up from their prior forecast of $0.03. Litchfield Hills Research currently has a “Buy” rating on the stock. The consensus estimate for Star Equity’s current full-year earnings is $0.02 per share. Litchfield Hills Research also issued estimates for Star Equity’s Q3 2023 earnings at $0.04 EPS.

Star Equity Stock Up 4.7 %

Star Equity stock opened at $0.97 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.32 and a quick ratio of 0.91. The stock has a market capitalization of $14.68 million, a price-to-earnings ratio of -0.63 and a beta of 0.50. Star Equity has a 1-year low of $0.72 and a 1-year high of $3.10. The business has a fifty day moving average price of $1.00 and a 200-day moving average price of $0.98.

Institutional Trading of Star Equity

A number of institutional investors have recently made changes to their positions in the business. Millennium Management LLC boosted its position in shares of Star Equity by 228.6% in the 2nd quarter. Millennium Management LLC now owns 133,831 shares of the company’s stock worth $124,000 after purchasing an additional 93,102 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Star Equity by 149.4% in the 3rd quarter. Vanguard Group Inc. now owns 57,481 shares of the company’s stock worth $57,000 after purchasing an additional 34,431 shares in the last quarter. Finally, Virtu Financial LLC boosted its position in shares of Star Equity by 239.7% in the 1st quarter. Virtu Financial LLC now owns 44,900 shares of the company’s stock worth $51,000 after purchasing an additional 31,684 shares in the last quarter. Institutional investors and hedge funds own 27.85% of the company’s stock.

About Star Equity

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Star Equity Holdings, Inc provides healthcare solutions in the United States and internationally. It operates through four segments: Diagnostic Services, Diagnostic Imaging, Construction, and Investments. It offers imaging services primarily to cardiologists, internal medicine physicians, and family practice doctors; and imaging systems, including nuclear cardiac and general purpose nuclear imaging systems to physician offices and hospitals.

See Also

Earnings History and Estimates for Star Equity (NASDAQ:STRR)

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