
Kelly Services, Inc. (NASDAQ:KELYA – Free Report) – Sidoti lowered their FY2026 earnings per share estimates for Kelly Services in a research report issued on Friday, November 6th. Sidoti analyst M. Riddick now forecasts that the business services provider will post earnings of $0.91 per share for the year, down from their previous estimate of $1.09. The consensus estimate for Kelly Services’ current full-year earnings is $1.04 per share. Sidoti also issued estimates for Kelly Services’ Q1 2027 earnings at $0.33 EPS, Q2 2027 earnings at $0.42 EPS, Q4 2027 earnings at $0.52 EPS, Q1 2028 earnings at $0.41 EPS, Q2 2028 earnings at $0.47 EPS, Q3 2028 earnings at $0.34 EPS and FY2028 earnings at $1.82 EPS.
Kelly Services (NASDAQ:KELYA – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The business services provider reported $0.07 EPS for the quarter, hitting analysts’ consensus estimates of $0.07. Kelly Services had a positive return on equity of 2.36% and a negative net margin of 3.08%. The business had revenue of $927.20 million during the quarter, compared to analysts’ expectations of $925.87 million.
Other equities research analysts have also recently issued research reports about the stock. Barrington Research raised their target price on shares of Kelly Services from $15.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Weiss Ratings upgraded shares of Kelly Services from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, November 4th. Finally, Wall Street Zen upgraded shares of Kelly Services from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Kelly Services currently has an average rating of “Hold” and an average target price of $20.00.
Read Our Latest Stock Analysis on Kelly Services
Kelly Services Trading Up 3.1%
Shares of NASDAQ:KELYA opened at $14.04 on Monday. The stock has a 50 day moving average of $16.02 and a 200 day moving average of $12.68. The company has a market cap of $487.61 million, a PE ratio of 21.62, a price-to-earnings-growth ratio of 1.01 and a beta of 0.93. Kelly Services has a 12-month low of $7.98 and a 12-month high of $17.75. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.12.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Fifth Third Bancorp purchased a new stake in shares of Kelly Services in the first quarter worth about $4,371,000. Donald Smith & CO. Inc. purchased a new position in Kelly Services during the 2nd quarter valued at approximately $5,704,000. Public Employees Retirement System of Ohio purchased a new position in Kelly Services during the 2nd quarter valued at approximately $755,000. Quantinno Capital Management LP increased its stake in Kelly Services by 34.5% in the 1st quarter. Quantinno Capital Management LP now owns 189,010 shares of the business services provider’s stock worth $1,673,000 after acquiring an additional 48,431 shares during the last quarter. Finally, Sei Investments Co. increased its stake in Kelly Services by 90.5% in the 1st quarter. Sei Investments Co. now owns 94,916 shares of the business services provider’s stock worth $840,000 after acquiring an additional 45,097 shares during the last quarter. Hedge funds and other institutional investors own 76.34% of the company’s stock.
Kelly Services Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Wednesday, November 18th will be given a dividend of $0.0750 per share. The ex-dividend date is Wednesday, November 18th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.1%. Kelly Services’s dividend payout ratio (DPR) is presently -8.33%.
About Kelly Services
Kelly Services, Inc. is a workforce solutions company that provides staffing, recruiting, and talent-management services to employers. The company helps organizations address temporary, contract, direct-hire, and outsourced workforce needs across a range of industries and skill levels. Its offerings include professional and industrial staffing, office and administrative support, science and engineering talent, education staffing, contact-center solutions, and workforce outsourcing and consulting.
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