Kforce (KFRC) Stock Price, News & Analysis

Company Overview

Kforce Inc. provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security. This segment serves clients in various industries comprising financial and business services, communications, insurance, retail, and technology industries. The FA businesses segment offers talent solutions to its clients in areas, including financial planning and analysis, business intelligence analysis, general accounting, transactional accounting, business and cost analysis, and taxation and treasury. It also provides consultants in lower skilled areas comprising loan servicing and support, customer and call center support, data entry, and other administrative roles. This segment serves clients in various industries, including financial and business services, healthcare, and manufacturing sectors. The company was founded in 1962 and is headquartered in Tampa, Florida.

Key Stats

• Today's Range: $57.55 to $58.40
• 50-Day Range: $53.57 to $63.74
• 52-Week Range: $52.96 to $74.79
• Volume: 7,840 shs
• Average Volume: 113,822 shs
• Market Capitalization: $1.11 billion
• P/E Ratio: 20.12
• Dividend Yield: 2.60%
• Price Target: $66.67
• Consensus Rating: Moderate Buy

Kforce Stock Analysis - MarketRank™

Kforce scored higher than 65% of companies evaluated by MarketBeat, and ranked 131st out of 323 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Kforce has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Kforce has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.21%

Earnings Growth

Earnings for Kforce are expected to grow by 8.21% in the coming year, from $2.68 to $2.90 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kforce is 20.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kforce is 20.01, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 35.67.

Price to Book Value per Share Ratio

Kforce has a P/B Ratio of 6.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for KFRC.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Kforce pays a meaningful dividend of 2.63%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Kforce does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Kforce is 52.41%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Kforce will have a dividend payout ratio of 52.41% next year. This indicates that Kforce will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for KFRC.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.19

News Sentiment

Kforce has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Kforce this week, compared to 3 articles on an average week.

Search Interest

Only 3 people have searched for KFRC on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Kforce to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kforce insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.50% of the stock of Kforce is held by insiders.

Percentage Held by Institutions

92.77% of the stock of Kforce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KFRC Stock Analysis - Frequently Asked Questions

How have KFRC shares performed this year?

Kforce's stock was trading at $67.56 at the beginning of 2024. Since then, KFRC stock has decreased by 14.1% and is now trading at $58.02.
View the best growth stocks for 2024 here.

How were Kforce's earnings last quarter?

Kforce Inc. (NASDAQ:KFRC) posted its quarterly earnings results on Monday, October, 28th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. The company's revenue was down 5.3% on a year-over-year basis.

Does Kforce have any subsidiaries?

Kforce subsidiaries include these companies: RDI Systems, Bradson Corp, Pinkerton Computer Consultants, VistaRMS, Hall Kinion & Associates, KFAH II LLC, KFAH LLC, and more.

Who are Kforce's major shareholders?

Top institutional shareholders of Kforce include FMR LLC (6.86%), Charles Schwab Investment Management Inc. (3.77%), Vaughan Nelson Investment Management L.P. (2.87%) and Copeland Capital Management LLC (2.77%). Insiders that own company stock include Joseph J Liberatore, Andrew G Thomas, Mark F Furlong, N John Simmons and Elaine Rosen.
View institutional ownership trends.

How do I buy shares of Kforce?

Shares of KFRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Kforce own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kforce investors own include American Water Works (AWK), Waste Connections (WCN), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR), Voyager Therapeutics (VYGR) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 9/13/2024
• Dividend Payable: 9/27/2024
• Last Earnings: 10/28/2024
• Today: 11/21/2024
• Ex-Dividend for 12/20 Dividend: 12/06/2024
• Dividend Payable: 12/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/03/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Help supply services
• Sub-Industry: Human Resource & Employment Services
• Current Symbol: NASDAQ:KFRC
• CUSIP: 49373210
• CIK: 930420
• Web: www.kforce.com
• Phone: (813) 552-5000
• Fax: 813-254-9640
• Employees: 1,800
• Year Founded: 1962

Price Target and Rating

• Average Stock Price Target: $66.67
• High Stock Price Target: $71.00
• Low Stock Price Target: $58.00
• Potential Upside/Downside: +15.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.90
• Trailing P/E Ratio: 19.99
• Forward P/E Ratio: 21.63
• P/E Growth: N/A
• Net Income: $61.08 million
• Net Margins: 3.86%
• Pretax Margin: 5.19%
• Return on Equity: 33.50%
• Return on Assets: 15.12%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 2.06
• Quick Ratio: 2.06

Sales & Book Value

• Annual Sales: $1.42 billion
• Price / Sales: 0.78
• Cash Flow: $3.68 per share
• Price / Cash Flow: 15.74
• Book Value: $8.05 per share
• Price / Book: 7.20

Miscellaneous

• Outstanding Shares: 19,080,000
• Free Float: 18,069,000
• Market Cap: $1.11 billion
• Optionable: Optionable
• Beta: 0.88