Kelly Services (NASDAQ:KELYA - Get Free Report) will announce its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Investors interested in listening to the company's conference call can do so using this link.
Kelly Services (NASDAQ:KELYA - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The business services provider reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.15. The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.05 billion. Kelly Services had a net margin of 1.09% and a return on equity of 7.82%. The company's revenue was down 13.1% on a year-over-year basis. During the same quarter last year, the business posted $0.36 earnings per share. On average, analysts expect Kelly Services to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Kelly Services Price Performance
Shares of Kelly Services stock traded down $0.38 during midday trading on Thursday, reaching $20.01. The company had a trading volume of 78,705 shares, compared to its average volume of 223,444. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $711.72 million, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 0.61 and a beta of 1.19. The stock has a fifty day simple moving average of $20.63 and a 200 day simple moving average of $21.52. Kelly Services has a 1-year low of $17.65 and a 1-year high of $25.27.
Kelly Services Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend was Wednesday, August 21st. Kelly Services's dividend payout ratio is currently 22.90%.
Analysts Set New Price Targets
A number of brokerages have issued reports on KELYA. StockNews.com cut shares of Kelly Services from a "buy" rating to a "hold" rating in a research note on Friday, August 9th. Barrington Research reaffirmed an "outperform" rating and issued a $29.00 price objective on shares of Kelly Services in a research note on Friday, September 27th.
View Our Latest Stock Report on Kelly Services
Kelly Services Company Profile
(
Get Free Report)
Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions.
See Also
Before you consider Kelly Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kelly Services wasn't on the list.
While Kelly Services currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.