Staffing 360 Solutions Inc. (NASDAQ:STAF) has a beta value of 1.7 and has seen 1,132,447 shares traded in the last trading session. The company, currently valued at $25.45 Million, closed the last trade at $0.65 per share which meant it gained $0.03 on the day or 4.15% during that session. The STAF stock price is -413.85% off its 52-week high price of $3.34 and 46.15% above the 52-week low of $0.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.49 Million shares traded. The 3-month trading volume is 5.37 Million shares.
The consensus among analysts is that Staffing 360 Solutions Inc. (STAF) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.08.
Staffing 360 Solutions Inc. (NASDAQ:STAF) trade information
Sporting 4.15% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Apr 28 when the STAF stock price touched $0.68 or saw a rise of 4.43%. Year-to-date, Staffing 360 Solutions Inc. shares have moved -3.3%, while the 5-day performance has seen it change -1.32%. Over the past 30 days, the shares of Staffing 360 Solutions Inc. (NASDAQ:STAF) have changed -25.57%. Short interest in the company has seen 109.62 Million shares shorted with days to cover at 20.41.
Wall Street analysts have a consensus price target for the stock at $3.5, which means that the shares’ value could jump 438.46% from current levels. The projected low price target is $3.5 while the price target rests at a high of $3.5. In that case, then, we find that the current price level is +438.46% off the targeted high while a plunge would see the stock lose 438.46% from current levels.
Staffing 360 Solutions Inc. (STAF) estimates and forecasts
Figures show that Staffing 360 Solutions Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -44.45% over the past 6 months, with this year growth rate of 114.41%, compared to 8.5% for the industry. Other than that, the company has, however Increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 91.1% and 166.1% for the next quarter. Revenue growth from the last financial year stood is estimated to be +14%.
1 analysts offering their estimates for the company have set an average revenue estimate of $56.87 Million for the current quarter. 1 have an estimated revenue figure of $57.43 Million for the next quarter concluding in June 01, 2021. Year-ago sales stood $66.26 Million for this quarter, and analysts expect sales will grow by -14.2% for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +23.2% over the past 5 years. Earnings growth for 2021 is a modest -193.2%.
Staffing 360 Solutions Inc. (NASDAQ:STAF)’s Major holders
Insiders own 9.1% of the company shares, while shares held by institutions stand at 7.33% with a share float percentage of 8.06%. Investors are also buoyed by the number of investors in a company, with Staffing 360 Solutions Inc. having a total of 10 institutions that hold shares in the company. The top two institutional holders are Renaissance Technologies, LLC with over 236.73 Thousand shares worth more than $159.1 Thousand. As of December 30, 2020, Renaissance Technologies, LLC held 0.6% of shares outstanding.
The other major institutional holder is Virtu Financial LLC, with the holding of over 101.9 Thousand shares as of December 30, 2020. The firm’s total holdings are worth over $68.48 Thousand and represent 0.26% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund. As of February 27, 2021, the former fund manager holds about 0.08% shares in the company for having 32301 shares of worth $29.32 Thousand while later fund manager owns 31.04 Thousand shares of worth $20.86 Thousand as of December 30, 2020, which makes it owner of about 0.08% of company’s outstanding stock.