Staffing 360 Solutions Inc (STAF) Given $4.00 Consensus Target Price by Brokerages

Shares of Staffing 360 Solutions Inc (NASDAQ:STAF) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Analysts have set a 12 month consensus price objective of $4.00 for the company and are expecting that the company will post ($0.03) earnings per share for the current quarter, according to Zacks. Zacks has also given Staffing 360 Solutions an industry rank of 35 out of 255 based on the ratings given to related companies.

STAF has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Staffing 360 Solutions from a “hold” rating to a “sell” rating in a report on Wednesday, November 28th. ValuEngine downgraded Staffing 360 Solutions from a “buy” rating to a “hold” rating in a report on Friday, January 4th.

Shares of NASDAQ:STAF traded down $0.01 during midday trading on Friday, reaching $1.46. The company had a trading volume of 2,100 shares, compared to its average volume of 783,964. Staffing 360 Solutions has a one year low of $1.14 and a one year high of $5.65.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 28th. Stockholders of record on Friday, February 15th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.74%.

A hedge fund recently bought a new stake in Staffing 360 Solutions stock. Vanguard Group Inc bought a new stake in Staffing 360 Solutions Inc (NASDAQ:STAF) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,073 shares of the business services provider’s stock, valued at approximately $46,000. Vanguard Group Inc owned approximately 0.44% of Staffing 360 Solutions at the end of the most recent quarter. Institutional investors own 2.14% of the company’s stock.

About Staffing 360 Solutions

Staffing 360 Solutions, Inc, a staffing company, engages in the acquisition of staffing companies in the United States and the United Kingdom. The company operates through three segments: Commercial – US, Professional – US, and Professional – UK. It focuses primarily on the staffing companies supporting accounting and finance, information technology, engineering, administration, and commercial disciplines.

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