Staffing 360 Solutions (STAF) Issues Quarterly Earnings Results

Staffing 360 Solutions (NASDAQ:STAF) posted its quarterly earnings results on Wednesday. The business services provider reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.04), Morningstar.com reports. The business had revenue of $74.09 million for the quarter, compared to the consensus estimate of $80.00 million.

STAF stock opened at $1.70 on Friday. Staffing 360 Solutions has a 12 month low of $1.14 and a 12 month high of $5.65. The firm has a market capitalization of $12.35 million, a P/E ratio of -3.95 and a beta of 1.91.

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 28th. Investors of record on Friday, February 15th were given a $0.01 dividend. The ex-dividend date was Thursday, February 14th. This represents a $0.04 annualized dividend and a yield of 2.35%. Staffing 360 Solutions’s dividend payout ratio (DPR) is -9.30%.



An institutional investor recently bought a new position in Staffing 360 Solutions stock. Vanguard Group Inc acquired a new position in shares of Staffing 360 Solutions Inc (NASDAQ:STAF) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 22,073 shares of the business services provider’s stock, valued at approximately $46,000. Vanguard Group Inc owned about 0.44% of Staffing 360 Solutions as of its most recent filing with the SEC. 3.02% of the stock is owned by hedge funds and other institutional investors.

Several analysts have recently weighed in on STAF shares. Zacks Investment Research downgraded shares of Staffing 360 Solutions from a “hold” rating to a “sell” rating in a research report on Thursday, November 22nd. ValuEngine downgraded shares of Staffing 360 Solutions from a “buy” rating to a “hold” rating in a research report on Friday, January 4th.

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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. 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.

See Also: Earnings Per Share (EPS)

Earnings History for Staffing 360 Solutions (NASDAQ:STAF)

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