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Kelly Services (KELYA)
NASDAQ:KELYA
Kelly Services (KELYA) Stock Price & Analysis
124 Followers
KELYA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$16.56 - $25.19
Previous Close$21.25
Volume185.72K
Average Volume (3M)236.12K
Market Cap
$756.05M
Enterprise Value$681.55M
Total Cash (Recent Filing)$125.80M
Total Debt (Recent Filing)$51.30M
Price to Earnings (P/E)15.2
Beta0.84
Next Earnings
Aug 08, 2024EPS Estimate
$0.57Last Dividend Ex-Date
May 17, 2024Dividend Yield1.4%
Share Statistics
EPS (TTM)1.40
Shares Outstanding35,521,719
10 Day Avg. Volume295,142
30 Day Avg. Volume236,120
Standard Deviation0.11
R-Squared0.36
Alpha-0.00984
Financial Highlights & Ratios
Price to Book (P/B)0.82
Price to Sales (P/S)0.57
Price to Cash Flow (P/CF)4.50
P/FCF Ratio4.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.14
Enterprise Value/Gross Profit0.71
Enterprise Value/Ebitda11.34
Forecast
1Y Price Target
$28.00Price Target Upside31.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Kelly Services News
Bulls Say, Bears Say
Bulls Say
AcquisitionThe pending transformational acquisition of Motion Recruitment Partners will be the largest acquisition in Kelly’s history and will accelerate the company’s transformation into a more substantial provider of fast-growing and high-margin specialty workforce solutions.
Financial PerformanceQ1/24 adjusted EBITDA increased 24% YOY to $33.3 million.
Growth ProspectsContinued strong growth of 16% YOY in the Education segment, with management remaining bullish on the segment’s growth prospects.
Bears Say
Market DemandThe technology staffing market has recently experienced softer short-term demand trends.
Operational ChangesRevenue was down -17.6% YOY to $1.045 billion, with the decline driven primarily by the sale of Kelly’s European staffing operations.
Revenue DeclineRevenue was down -17.6% YOY to $1.045 billion, driven primarily by the sale of Kelly’s European staffing operations.
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Ownership Overview
13.88% Insiders
30.72% Mutual Funds
47.93% Other Institutional Investors
7.46% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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KELYA FAQ
What was Kelly Services’s price range in the past 12 months?
Kelly Services lowest stock price was $16.56 and its highest was $25.19 in the past 12 months.
What is Kelly Services’s market cap?
Currently, no data Available
When is Kelly Services’s upcoming earnings report date?
Kelly Services’s upcoming earnings report date is Aug 08, 2024 which is in 36 days.
How were Kelly Services’s earnings last quarter?
Kelly Services released its earnings results on May 09, 2024. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.465 by $0.095.
Is Kelly Services overvalued?
According to Wall Street analysts Kelly Services’s price is currently Undervalued.
Does Kelly Services pay dividends?
Kelly Services pays a Quarterly dividend of $0.07 which represents an annual dividend yield of 1.4%. See more information on Kelly Services dividends here
What is Kelly Services’s EPS estimate?
Kelly Services’s EPS estimate is $0.57.
How many shares outstanding does Kelly Services have?
Kelly Services has 32,200,120 shares outstanding.
What happened to Kelly Services’s price movement after its last earnings report?
Kelly Services reported an EPS of $0.56 in its last earnings report, beating expectations of $0.465. Following the earnings report the stock price went down -6.317%.
Which hedge fund is a major shareholder of Kelly Services?
Among the largest hedge funds holding Kelly Services’s share is Caxton Associates LP. It holds Kelly Services’s shares valued at 766K.
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Kelly Services Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$28.00 (31.27% Upside)
$28.00 (31.27% Upside)
Blogger Sentiment
Bullish
KELYA Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 392.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
22.40%
12-Months-Change
Fundamentals
Return on Equity
3.98%
Trailing 12-Months
Asset Growth
-7.46%
Trailing 12-Months
Company Description
Kelly Services
Kelly Services, Inc. engages in staffing and workforce solutions. It operates through the following segments: Americas Staffing, Global Talent Solutions, and International Staffing. The Americas Staffing segment delivers temporary staffing, as well as direct-hire placement services, in a number of specialty staffing services, including office, education, marketing, electronic assembly, light industrial, science, engineering, and information technology in United States, Puerto Rico, Canada, Mexico and Brazil. The Global Talent Solutions segment offers outsourcing, consulting, and centrally delivered staffing business. The International Staffing segment relates to branch-delivered staffing business in the Europe, Middle East, and Africa region, as well as in the Asia Pacific. The company was founded by William Russell Kelly on October 7, 1946 and is headquartered in Troy, MI.
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KELYA Company Deck
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KELYA Earnings Call
Q1 2024
0:00 / 0:00
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KELYA Stock 12 Month Forecast
Average Price Target
$28.00
▲(31.27% Upside)
Technical Analysis
Best Analysts Covering KELYA
1 Year
1 Year Success Rate
12/25 ratings generated profit
1 Year Average Return
+7.62%
reiterated a buy rating yesterday
Copying Kevin Steinke's trades and holding each position for 1 Year would result in 48.00% of your transactions generating a profit, with an average return of +7.62% per trade.
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