Kelly Services, Inc. (NASDAQ:KELYA - Free Report) - Research analysts at Sidoti Csr upped their Q1 2025 earnings estimates for shares of Kelly Services in a report issued on Friday, November 8th. Sidoti Csr analyst M. Riddick now anticipates that the business services provider will post earnings per share of $0.57 for the quarter, up from their prior forecast of $0.56. The consensus estimate for Kelly Services' current full-year earnings is $2.49 per share. Sidoti Csr also issued estimates for Kelly Services' Q2 2025 earnings at $0.61 EPS, FY2025 earnings at $2.41 EPS, Q1 2026 earnings at $0.64 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.44 EPS and FY2026 earnings at $2.67 EPS.
Several other brokerages also recently weighed in on KELYA. StockNews.com downgraded Kelly Services from a "buy" rating to a "hold" rating in a report on Friday, August 9th. Barrington Research restated an "outperform" rating and set a $29.00 target price on shares of Kelly Services in a research note on Friday, September 27th.
Check Out Our Latest Analysis on Kelly Services
Kelly Services Stock Down 1.8 %
Shares of KELYA traded down $0.29 during mid-day trading on Monday, hitting $16.23. 401,613 shares of the company's stock were exchanged, compared to its average volume of 225,918. The stock's 50-day moving average is $20.36 and its 200-day moving average is $21.28. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.61 and a current ratio of 1.61. Kelly Services has a fifty-two week low of $16.17 and a fifty-two week high of $25.27. The company has a market cap of $577.30 million, a price-to-earnings ratio of 14.11, a P/E/G ratio of 0.51 and a beta of 1.20.
Kelly Services (NASDAQ:KELYA - Get Free Report) last posted its earnings results on Thursday, November 7th. The business services provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.23). Kelly Services had a net margin of 0.97% and a return on equity of 6.93%. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the business posted $0.50 EPS. The firm's revenue for the quarter was down 7.1% on a year-over-year basis.
Institutional Trading of Kelly Services
Several hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets increased its holdings in shares of Kelly Services by 38.9% in the 1st quarter. BNP Paribas Financial Markets now owns 22,576 shares of the business services provider's stock valued at $565,000 after purchasing an additional 6,325 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Kelly Services by 11.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 23,939 shares of the business services provider's stock valued at $599,000 after acquiring an additional 2,405 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Kelly Services during the 1st quarter worth approximately $125,000. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Kelly Services during the 1st quarter worth approximately $221,000. Finally, State Board of Administration of Florida Retirement System grew its holdings in shares of Kelly Services by 97.2% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 18,720 shares of the business services provider's stock worth $469,000 after acquiring an additional 9,228 shares during the period. 76.34% of the stock is owned by institutional investors and hedge funds.
Kelly Services Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $0.30 annualized dividend and a yield of 1.85%. Kelly Services's dividend payout ratio is currently 26.09%.
About Kelly Services
(
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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.
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