Kelly Services (KELYA) Stock Price, News & Analysis

Company Overview

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. The Science, Engineering & Technology segment offers staffing, outcome-based, and permanent placement services in the areas of science and clinical research, engineering, technology, and telecommunications specialties. The Education segment provides staffing, permanent placement, and executive search services to pre-K-12 school districts and education organizations. The Outsourcing & Consulting segment offers managed service provider, recruitment process outsourcing, payroll process outsourcing, and executive coaching programs to customers on a global basis that includes its RocketPower brand. The International segment provides staffing, recruitment process outsourcing, and permanent placement services. The company serves customers in the United States, Canada, Mexico, Puerto Rico, France, Switzerland, Portugal, Russia, Italy, rest of Europe, and the Asia-Pacific region. Kelly Services, Inc. was founded in 1946 and is headquartered in Troy, Michigan.

Key Stats

• Today's Range: $13.75 to $14.06
• 50-Day Range: $13.96 to $22.25
• 52-Week Range: $13.75 to $25.27
• Volume: 351,108 shs
• Average Volume: 231,032 shs
• Market Capitalization: $497.12 million
• P/E Ratio: 12.14
• Dividend Yield: 2.15%
• Price Target: $25.00
• Consensus Rating: Buy

Kelly Services Stock Analysis - MarketRank™

Kelly Services scored higher than 99% of companies evaluated by MarketBeat, and ranked 9th out of 331 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Kelly Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Kelly Services has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 5.0 / 5
• Proj. Earnings Growth: 35.27%

Earnings Growth

Earnings for Kelly Services are expected to grow by 35.27% in the coming year, from $2.07 to $2.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kelly Services is 12.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kelly Services is 12.14, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 46.32.

Price to Earnings Growth Ratio

Kelly Services has a PEG Ratio of 0.54. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Kelly Services has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.33% of the float of Kelly Services has been sold short.

Short Interest Ratio / Days to Cover

Kelly Services has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kelly Services has recently decreased by 6.46%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Kelly Services pays a meaningful dividend of 2.12%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Kelly Services does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Kelly Services is 26.09%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Kelly Services will have a dividend payout ratio of 10.71% next year. This indicates that Kelly Services will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

2.33% of the float of Kelly Services has been sold short.

Short Interest Ratio / Days to Cover

Kelly Services has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kelly Services has recently decreased by 6.46%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.23

News Sentiment

Kelly Services has a news sentiment score of 0.23. 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 lower news sentiment than the 0.53 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Kelly Services this week, compared to 5 articles on an average week.

Search Interest

6 people have searched for KELYA on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added Kelly Services to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Kelly Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought $48,580.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 3.90% of the stock of Kelly Services is held by insiders.

Percentage Held by Institutions

76.34% of the stock of Kelly Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KELYA Stock Analysis - Frequently Asked Questions

How have KELYA shares performed this year?

Kelly Services' stock was trading at $21.62 at the beginning of 2024. Since then, KELYA shares have decreased by 35.4% and is now trading at $13.96.
View the best growth stocks for 2024 here.

How were Kelly Services' earnings last quarter?

Kelly Services, Inc. (NASDAQ:KELYA) posted its quarterly earnings results on Thursday, November, 7th. The business services provider reported $0.21 EPS for the quarter, missing the consensus estimate of $0.44 by $0.23. The firm's revenue for the quarter was down 7.1% on a year-over-year basis.

Does Kelly Services have any subsidiaries?

The following companies are subsidiaries of Kelly Services: Insight Workforce Solutions, Teachers On Call, TNC Business Technologies, Tradição Tecnologia E Serviços, Toner Graham, CGR/seven, Talents Technology, and others.

Who are Kelly Services' major shareholders?

Top institutional investors of Kelly Services include State Street Corp (3.52%), Pacer Advisors Inc. (3.41%), Geode Capital Management LLC (2.20%) and Charles Schwab Investment Management Inc. (2.14%). Insiders that own company stock include Olivier Thirot, Daniel H Malan, Donald R Parfet, Timothy L Dupree, Tammy L Browning, Leslie A Murphy, Vanessa Peterson Williams, James H Bradley, Terrence B Larkin and Jane E Dutton.
View institutional ownership trends.

How do I buy shares of Kelly Services?

Shares of KELYA 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.

Company Calendar

• Ex-Dividend for 9/4 Dividend: 8/21/2024
• Dividend Payable: 9/04/2024
• Last Earnings: 11/07/2024
• Today: 11/20/2024
• Ex-Dividend for 12/4 Dividend: 11/20/2024
• Dividend Payable: 12/04/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Help supply services
• Sub-Industry: Human Resource & Employment Services
• Current Symbol: NASDAQ:KELYA
• CUSIP: 48815220
• CIK: 55135
• Web: www.kellyservices.com
• Phone: (248) 362-4444
• Fax: 248-244-4154
• Employees: 3,700
• Year Founded: 1946

Price Target and Rating

• Average Stock Price Target: $25.00
• High Stock Price Target: $25.00
• Low Stock Price Target: $25.00
• Potential Upside/Downside: +79.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.15
• Trailing P/E Ratio: 12.14
• Forward P/E Ratio: 6.74
• P/E Growth: 0.54
• Net Income: $36.40 million
• Net Margins: 0.97%
• Pretax Margin: 0.88%
• Return on Equity: 6.93%
• Return on Assets: 3.43%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 1.61
• Quick Ratio: 1.61

Sales & Book Value

• Annual Sales: $4.84 billion
• Price / Sales: 0.10
• Cash Flow: $3.62 per share
• Price / Cash Flow: 3.86
• Book Value: $35.52 per share
• Price / Book: 0.39

Miscellaneous

• Outstanding Shares: 35,610,000
• Free Float: 34,221,000
• Market Cap: $497.12 million
• Optionable: Optionable
• Beta: 1.20