Noble Financial Raises Earnings Estimates for Kelly Services

Kelly Services, Inc. (NASDAQ:KELYA) – Noble Financial upped their FY2026 earnings estimates for Kelly Services in a research report issued to clients and investors on Monday, August 10th. Noble Financial analyst J. Gomes now expects that the business services provider will post earnings of $1.21 per share for the year, up from their prior estimate of $1.16. The consensus estimate for Kelly Services’ current full-year earnings is $0.99 per share.

Kelly Services (NASDAQ:KELYA) last issued its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.19. Kelly Services had a positive return on equity of 2.69% and a negative net margin of 6.73%.The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the business posted $0.52 earnings per share.

KELYA has been the topic of several other reports. Zacks Research raised Kelly Services from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Barrington Research boosted their price target on Kelly Services from $15.00 to $20.00 and gave the company an “outperform” rating in a research note on Monday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kelly Services in a research report on Friday. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $20.00.

Kelly Services Price Performance

Shares of NASDAQ KELYA opened at $15.42 on Wednesday. The stock has a market capitalization of $534.61 million, a PE ratio of -1.97, a P/E/G ratio of 1.22 and a beta of 0.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.50 and a quick ratio of 1.50. The business has a fifty day moving average price of $13.52 and a two-hundred day moving average price of $11.02. Kelly Services has a fifty-two week low of $7.98 and a fifty-two week high of $17.75.

Kelly Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be paid a dividend of $0.075 per share. The ex-dividend date is Wednesday, August 19th. This represents a $0.30 annualized dividend and a yield of 1.9%. Kelly Services’s dividend payout ratio is presently -3.84%.

Insiders Place Their Bets

In other Kelly Services news, EVP Vanessa Peterson Williams sold 29,999 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $9.78, for a total value of $293,390.22. Following the sale, the executive vice president owned 82,355 shares of the company’s stock, valued at approximately $805,431.90. This trade represents a 26.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of KELYA. Donald Smith & CO. Inc. bought a new position in shares of Kelly Services in the second quarter worth about $5,704,000. Marquette Asset Management LLC acquired a new position in Kelly Services during the 2nd quarter worth approximately $318,000. GAMMA Investing LLC increased its position in Kelly Services by 19.9% during the 2nd quarter. GAMMA Investing LLC now owns 6,153 shares of the business services provider’s stock worth $76,000 after purchasing an additional 1,023 shares in the last quarter. Versant Capital Management Inc lifted its stake in Kelly Services by 47.0% in the 2nd quarter. Versant Capital Management Inc now owns 7,351 shares of the business services provider’s stock valued at $90,000 after purchasing an additional 2,351 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in Kelly Services by 20.8% in the first quarter. Empowered Funds LLC now owns 155,590 shares of the business services provider’s stock valued at $1,377,000 after buying an additional 26,832 shares in the last quarter. Institutional investors and hedge funds own 76.34% of the company’s stock.

Kelly Services News Roundup

Here are the key news stories impacting Kelly Services this week:

• Positive Sentiment: Higher full-year earnings forecasts: Sidoti raised its FY2026 EPS estimate to $1.09 from $0.81, while Noble Financial increased its forecast to $1.21 from $1.16. Both estimates are above the roughly $0.99 consensus, suggesting analysts expect stronger profitability than previously projected.
• Positive Sentiment: Price-target increase: Barrington Research raised its price target to $20 from $15 and assigned an “outperform” rating. The new target implies approximately 29.7% upside from the referenced $15.42 level, providing a significant bullish catalyst. Barrington Research Forecasts Strong Price Appreciation for Kelly Services Stock
• Neutral Sentiment: Mixed analyst revisions: Sidoti reduced its Q3 FY2026 EPS forecast to $0.03 from $0.05, and Noble Financial cut its estimate to $0.14 from $0.18. However, Sidoti raised its Q4 forecast to $0.63 from $0.58, indicating that weakness may be concentrated in the third quarter. Analysts Offer Insights on Kelly Services
• Neutral Sentiment: Short-interest data offers little insight: Reported short interest was zero shares, unchanged from the prior period, with a zero-day short-interest ratio. This suggests limited evidence of short-selling pressure, although the reported figures may reflect a data-quality issue.

Kelly Services Company Profile

Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.