Staffing 360 Solutions (STAF) Rating Increased to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Staffing 360 Solutions (NASDAQ:STAF) from a sell rating to a hold rating in a research report sent to investors on Tuesday.

According to Zacks, “Staffing 360 Solutions, Inc. is engaged in a global buy-and-build strategy through the acquisition of staffing organizations in the US and the UK. Through both organic growth and acquisitions, the Company provides permanent placement services in the finance and accounting, administrative, engineering and IT staffing space. Staffing 360 Solutions, Inc. is headquartered in New York, with its UK headquarters in London. “

Staffing 360 Solutions stock opened at $1.55 on Tuesday. Staffing 360 Solutions has a 12 month low of $1.14 and a 12 month high of $5.65.

Staffing 360 Solutions (NASDAQ:STAF) last posted its earnings results on Monday, November 19th. The business services provider reported ($0.43) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.37). The firm had revenue of $71.32 million during the quarter, compared to the consensus estimate of $76.16 million. On average, equities analysts predict that Staffing 360 Solutions will post -1.19 EPS for the current year.

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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