GEE Group Inc. (AMEX:JOB) trade information

Upright in the green during last session for gaining 9.93%, in the last five days JOB remained trading in the green while hitting it’s week-highest on Friday, 09/15/23 when the stock touched $0.62 price level. GEE Group Inc.’s shares saw a change of 26.53% in year-to-date performance and have moved 4.03% in past 5-day. GEE Group Inc. (AMEX:JOB) showed a performance of 16.10% in past 30-days. Number of shares sold short was 98750.0 shares which calculate 0.22 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $2.00 to the stock, which implies a rise of 69.0% to its current value. Analysts have been projecting $2.00 as a low price target for the stock while placing it at a high target of $2.00. It follows that stock’s current price would drop -222.58% in reaching the projected high whereas dropping to the targeted low would mean a loss of -222.58% for stock’s current value.

GEE Group Inc. (JOB) estimates and forecasts

Statistics highlight that GEE Group Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 63.59% of value to its shares in past 6 months, showing an annual growth rate of 42.86% while that of industry is -23.20. Apart from that, the company came raising its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to increase by 300.00% in the current quarter and calculating 200.00% increase in the next quarter. This year revenue growth is estimated to fall -4.00% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $40.35 million for the same. And 1 analysts are in estimates of company making revenue of $43.57 million in the next quarter that will end on Dec 2023. Company posted $41.52 million and $42.36 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -2.80% while estimating it to be 2.90% for the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 21.90% during past 5 years.

JOB Dividends

GEE Group Inc. is more likely to be releasing its next quarterly report on August 15 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

GEE Group Inc. (AMEX:JOB)’s Major holders

Insiders are in possession of 6.59% of company’s total shares while institution are holding 31.64 percent of that, with stock having share float percentage of 33.88%. Investors also watch the number of corporate investors in a company very closely, which is 31.64% institutions for GEE Group Inc. that are currently holding shares of the company. Raffles Associates Lp is the top institutional holder at JOB for having 9.18 million shares of worth $5.69 million. And as of Jun 29, 2023, it was holding 8.12% of the company’s outstanding shares.

The second largest institutional holder is Vanguard Group Inc, which was holding about 5.54 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 4.90% of outstanding shares, having a total worth of $3.43 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 3.87 million shares of worth $2.4 million or 3.42% of the total outstanding shares. The later fund manager was in possession of 1.61 million shares on Jun 29, 2023, making its stake of worth around $1.0 million in the company or a holder of 1.43% of company’s stock.