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: $12.80 to $13.43
• 50-Day Range: $13.02 to $22.25
• 52-Week Range: $12.68 to $25.27
• Volume: 10.89 million shs
• Average Volume: 306,538 shs
• Market Capitalization: $463.64 million
• P/E Ratio: 11.32
• Dividend Yield: 2.30%
• Price Target: $25.00
• Consensus Rating: Buy

Kelly Services Stock Analysis - MarketRank™

Kelly Services scored higher than 93% of companies evaluated by MarketBeat, and ranked 27th out of 330 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: 34.20%

Earnings Growth

Earnings for Kelly Services are expected to grow by 34.20% in the coming year, from $1.93 to $2.59 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kelly Services is 11.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kelly Services is 11.32, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 44.45.

Price to Earnings Growth Ratio

Kelly Services has a PEG Ratio of 0.56. 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 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.56% 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 5.1.

Change versus previous month

Short interest in Kelly Services has recently increased by 36.89%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Kelly Services pays a meaningful dividend of 2.19%, 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 11.58% 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

4.56% 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 5.1.

Change versus previous month

Short interest in Kelly Services has recently increased by 36.89%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

Only 1 people have searched for KELYA on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

MarketBeat Follows

2 people have added Kelly Services to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 the year. Since then, KELYA stock has decreased by 39.8% and is now trading at $13.02.
View the best growth stocks for 2024 here.

How were Kelly Services' earnings last quarter?

Kelly Services, Inc. (NASDAQ:KELYA) released its earnings results on Thursday, November, 7th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.23. The firm's quarterly revenue 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 more.

Who are Kelly Services' major shareholders?

Kelly Services' top institutional shareholders 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 and Terrence B Larkin.
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

• Last Earnings: 11/07/2024
• Ex-Dividend for 12/4 Dividend: 11/20/2024
• Dividend Payable: 12/04/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

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: +92.0%
• 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: 11.32
• Forward P/E Ratio: 6.75
• P/E Growth: 0.56
• 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: $4.37 billion
• Price / Sales: 0.11
• Cash Flow: $3.46 per share
• Price / Cash Flow: 3.76
• Book Value: $35.52 per share
• Price / Book: 0.37

Miscellaneous

• Outstanding Shares: 35,610,000
• Free Float: 34,221,000
• Market Cap: $463.64 million
• Optionable: Optionable
• Beta: 1.12