Kforce (NASDAQ:KFRC) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday.

According to Zacks, “kforce.com is a full-service, web-based specialty staffing firm providing flexible and permanent staffing solutions for organizations and career management for individuals in the specialty skill areas of information technology, finance & accounting, human resources, engineering, pharmaceutical, health care, legal, e-solutions consulting, scientific and insurance and investments. kforce.com offers web-based services including online resumes and job postings, interactive interviews and job placements and career management strategies (company press release). “

KFRC has been the subject of a number of other research reports. Northcoast Research raised shares of Kforce from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. BidaskClub raised shares of Kforce from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, January 9th. SunTrust Banks downgraded shares of Kforce from a “buy” rating to a “hold” rating and decreased their price objective for the company from $23.00 to $22.00 in a research report on Wednesday, October 11th. Robert W. Baird reissued a “buy” rating and issued a $25.00 price objective on shares of Kforce in a research report on Friday, November 3rd. Finally, ValuEngine raised shares of Kforce from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $26.57.

Kforce (NASDAQ:KFRC) opened at $24.85 on Tuesday. The firm has a market cap of $657.71, a price-to-earnings ratio of 17.50 and a beta of 1.72. Kforce has a 12-month low of $16.75 and a 12-month high of $27.30. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.95 and a quick ratio of 2.95.

Kforce (NASDAQ:KFRC) last released its earnings results on Tuesday, February 6th. The business services provider reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. Kforce had a net margin of 2.71% and a return on equity of 28.83%. The business had revenue of $342.60 million during the quarter, compared to the consensus estimate of $340.02 million. During the same quarter last year, the firm earned $0.36 earnings per share. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. equities analysts forecast that Kforce will post 1.5 EPS for the current year.

In other news, President Joseph J. Liberatore sold 21,380 shares of the firm’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $27.15, for a total transaction of $580,467.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ralph Struzziero sold 4,500 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $25.85, for a total transaction of $116,325.00. Following the sale, the director now owns 50,764 shares of the company’s stock, valued at approximately $1,312,249.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 67,437 shares of company stock valued at $1,786,277. 13.30% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Teacher Retirement System of Texas acquired a new stake in shares of Kforce during the 4th quarter worth about $209,000. Eqis Capital Management Inc. acquired a new stake in shares of Kforce during the 4th quarter worth about $259,000. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Kforce during the 3rd quarter worth about $213,000. Aperio Group LLC acquired a new stake in shares of Kforce during the 3rd quarter worth about $216,000. Finally, Voya Investment Management LLC raised its stake in Kforce by 13.4% in the 2nd quarter. Voya Investment Management LLC now owns 13,979 shares of the business services provider’s stock worth $274,000 after purchasing an additional 1,653 shares in the last quarter. Institutional investors own 78.70% of the company’s stock.

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About Kforce

Kforce Inc (Kforce) is engaged in providing professional and technical specialty staffing services and solutions. The Company operates through three segments, which include Technology (Tech), Finance and Accounting (FA) and Government Solutions (GS). The Company’s Tech segment includes the operations of its subsidiary Kforce Global Solutions, Inc The FA segment is engaged in providing both temporary staffing and permanent placement services to its clients in areas, such as general accounting, business analysis and others.

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