Tuesday, September 26, 2017 11:24:45 AM
Staffing 360 Solutions, Inc. (NASDAQ:STAF) is in the highlights and many would want to know whether now might be a good time for it to present much upside. Now trading with a market value of 15.54M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock.
Staffing 360 Solutions, Inc. (NASDAQ:STAF) Fundamentals That Matter
It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For STAF, the company currently has 526,000 of cash on the books, which is offset by 16.26 million in current liabilities. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 50.14 million in total assets, balanced by 43.22 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.
Staffing 360 Solutions, Inc. (STAF) saw -405,000 in free cash flow last quarter, representing a quarterly net change in cash of 37,000. Perhaps most importantly where cash movements are concerned, the company saw about -299,000 in net operating cash flow.
Staffing 360 Solutions, Inc. (NASDAQ:STAF) Revenue Growth Potential
As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 42.12 million in total revenues. That represents a quarterly year/year change in revenues of 0.02 in sequential terms, the STAF saw sales decline by 0.03.
But what about the bottom line? After all, that’s what really matters in the end. Staffing 360 Solutions, Inc. (STAF) is intriguing when broken down to its core data. The cost of selling goods last quarter was 34.95 million, yielding a gross basic income of 7.16 million. For shareholders, given the total diluted outstanding shares of 14.8 million, this means overall earnings per share of -0.04. Note, this compares with a consensus analyst forecast of -0.14 in earnings per share for its next fiscal quarterly report.
Is Staffing 360 Solutions, Inc. (NASDAQ:STAF) Valuation Attractive
Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about -0.05 in total earnings per share. If we consider a median price to earnings ratio on the stock, that corresponds with a stock price of 9,999. However, one should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on Staffing 360 Solutions, Inc..
I am NOT a financial advisor and anything I post should be considered only my opinion at that time. Never buy or sell based on anything I post - MY POSTS ARE ALWAYS JUST MY OPINION, regardless whether I include that in my post or not.
Recent STAF News
- Staffing 360 Solutions Receives Nasdaq Notification Related to Non-Timely Filing of its 2023 Form 10-K • GlobeNewswire Inc. • 04/23/2024 12:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 09:15:30 PM
- Staffing 360 Solutions Shifts Strategy to Focus Exclusively on U.S. Staffing Industry; Divests U.K. Staffing Business • GlobeNewswire Inc. • 02/15/2024 09:15:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 08:55:19 PM
- Several Staffing 360 Solutions Brands Receive Awards for Exceptional Client Service • GlobeNewswire Inc. • 02/07/2024 01:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/17/2024 11:05:43 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 10:00:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 10:00:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/12/2024 09:38:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/10/2024 01:05:37 PM
- Staffing 360 Solutions Reports Third Quarter and Nine-Month 2023 Financial Results • GlobeNewswire Inc. • 01/10/2024 01:05:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/09/2024 09:06:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/28/2023 10:21:17 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 12/26/2023 01:30:34 PM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 12/11/2023 09:30:26 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 12/11/2023 09:21:28 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 11/29/2023 10:01:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/20/2023 01:30:35 PM
- Staffing 360 Solutions Receives Nasdaq Notification Related to Non-Timely Filing of 2023 Third Quarter Form 10-Q • GlobeNewswire Inc. • 11/20/2023 01:30:00 PM
- Staffing 360 Solutions Reports Second Quarter and Six-Month 2023 Financial Results • GlobeNewswire Inc. • 11/14/2023 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/25/2023 08:05:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/24/2023 08:25:47 PM
- Staffing 360 Solutions Receives Nasdaq Notification of Potential Delisting for Non-Compliance with Listing Rule 5250(c)(1) • GlobeNewswire Inc. • 10/24/2023 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/20/2023 09:12:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/16/2023 09:15:29 PM
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