Somewhat Positive Press Coverage Somewhat Unlikely to Affect Kelly Services (KELYA) Share Price
Media coverage about Kelly Services (NASDAQ:KELYA) has trended somewhat positive on Wednesday, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kelly Services earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 45.847304258511 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Kelly Services (NASDAQ KELYA) opened at 25.86 on Wednesday. Kelly Services has a one year low of $18.06 and a one year high of $26.31. The company has a market capitalization of $990.65 million, a P/E ratio of 7.75 and a beta of 1.01. The company’s 50-day moving average is $23.72 and its 200 day moving average is $22.65.
Kelly Services (NASDAQ:KELYA) last issued its earnings results on Wednesday, August 9th. The business services provider reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.24. Kelly Services had a net margin of 2.58% and a return on equity of 6.88%. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the firm earned $0.29 earnings per share. Kelly Services’s quarterly revenue was down 3.0% compared to the same quarter last year. On average, equities analysts anticipate that Kelly Services will post $1.73 earnings per share for the current year.
KELYA has been the topic of several recent research reports. BidaskClub upgraded shares of Kelly Services from a “strong sell” rating to a “sell” rating in a research report on Thursday, July 6th. Zacks Investment Research downgraded shares of Kelly Services from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, ValuEngine downgraded shares of Kelly Services from a “buy” rating to a “hold” rating in a report on Monday, July 17th.
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About Kelly Services
Kelly Services, Inc is a workforce solutions provider, which is engaged in offering a range of specialty services. The Company provides workforce solutions in three regions: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). The Company’s segments are Americas Commercial, Americas Professional and Technical (Americas PT), EMEA Commercial, EMEA Professional and Technical (EMEA PT), and Outsourcing and Consulting Group (OCG).
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