GEE Group Inc Receives a Buy from Maxim Group

By Ryan Adsit

Maxim Group analyst Brian Kinstlinger reiterated a Buy rating on GEE Group Inc (NYSE: JOB) today and set a price target of $9. The company’s shares closed last Friday at $4.66.

According to TipRanks.com, Kinstlinger is a 1-star analyst with an average return of -4.0% and a 45.3% success rate. Kinstlinger covers the Technology sector, focusing on stocks such as Applied DNA Sciences, Tyler Technologies, and Evolving Systems.

GEE Group Inc has an analyst consensus of Moderate Buy, with a price target consensus of $10.

Based on GEE Group Inc’s latest earnings report from June 30, the company posted quarterly revenue of $21.98M and quarterly net profit of $528K. In comparison, last year the company earned revenue of $12.46M and had a net profit of -$1.33M.

GEE Group, Inc. engages in the provision of staffing solutions. It operates through the Contract Staffing Services and Direct Hire Placement Services. Its services include professional placement services specializing in the placement of information technology, engineering, medical, and accounting professionals for direct hire and contract staffing; and temporary staffing services in light industrial staffing. The company was founded in 1893 and is headquartered in Naperville, IL.