Brokers Set Expectations for Star Equity FY2024 Earnings

Star Equity Holdings, Inc. (NASDAQ:STRR) – Stock analysts at Litchfield Hills Research cut their FY2024 earnings estimates for shares of Star Equity in a research note issued to investors on Thursday, December 5th. Litchfield Hills Research analyst T. O’neill now expects that the company will post earnings per share of ($1.20) for the year, down from their prior estimate of ($0.78). The consensus estimate for Star Equity’s current full-year earnings is ($1.20) per share. Litchfield Hills Research also issued estimates for Star Equity’s Q4 2024 earnings at ($0.17) EPS, Q1 2025 earnings at ($0.32) EPS, Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.01) EPS, Q4 2025 earnings at $0.08 EPS and FY2025 earnings at ($0.33) EPS.

Star Equity Stock Performance

Shares of NASDAQ:STRR opened at $2.71 on Monday. The firm has a 50 day moving average of $3.51 and a 200 day moving average of $4.00. Star Equity has a 52 week low of $2.55 and a 52 week high of $5.80. The company has a quick ratio of 1.60, a current ratio of 2.05 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $8.73 million, a price-to-earnings ratio of -1.05 and a beta of 0.08.

About Star Equity

Star Equity Holdings, Inc engages in the construction business in the United States and internationally. It operates through two segments: Construction, and Investments. It manufactures modular housing units, structural wall panels, permanent wood foundation systems, and other engineered wood products; supplies general contractors with building materials; holds real estate assets; and manages investments.