Kforce (NASDAQ:KFRC) Sets New 1-Year High – Still a Buy?

Kforce Inc. (NASDAQ:KFRC) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $49.44 and last traded at $48.9840, with a volume of 6137 shares changing hands. The stock had previously closed at $47.89.

Wall Street Analysts Forecast Growth

KFRC has been the subject of a number of recent research reports. Robert W. Baird increased their price objective on Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. William Blair upgraded Kforce from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. Finally, Zacks Research upgraded shares of Kforce from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kforce presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.67.

Kforce Price Performance

The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16. The stock has a fifty day simple moving average of $38.19 and a two-hundred day simple moving average of $33.16. The company has a market cap of $879.47 million, a PE ratio of 18.51 and a beta of 0.87.

Kforce (NASDAQ:KFRC) last issued its earnings results on Monday, April 27th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.06. The business had revenue of $330.36 million during the quarter, compared to the consensus estimate of $329.32 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The company’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the business posted $0.45 EPS. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. On average, equities analysts predict that Kforce Inc. will post 2.7 EPS for the current fiscal year.

Kforce Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $1.60 dividend on an annualized basis and a yield of 3.2%. Kforce’s dividend payout ratio (DPR) is 80.81%.

Hedge Funds Weigh In On Kforce

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. increased its holdings in shares of Kforce by 4.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 893,564 shares of the business services provider’s stock valued at $27,629,000 after purchasing an additional 41,740 shares in the last quarter. New South Capital Management Inc. boosted its holdings in Kforce by 18.1% during the third quarter. New South Capital Management Inc. now owns 709,550 shares of the business services provider’s stock worth $21,272,000 after buying an additional 108,507 shares in the last quarter. Copeland Capital Management LLC grew its position in Kforce by 51.5% during the first quarter. Copeland Capital Management LLC now owns 666,331 shares of the business services provider’s stock worth $19,484,000 after buying an additional 226,520 shares during the period. Deprince Race & Zollo Inc. increased its holdings in Kforce by 30.7% in the fourth quarter. Deprince Race & Zollo Inc. now owns 499,733 shares of the business services provider’s stock valued at $15,452,000 after buying an additional 117,290 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Kforce by 81.3% in the fourth quarter. AQR Capital Management LLC now owns 442,523 shares of the business services provider’s stock valued at $13,683,000 after buying an additional 198,447 shares in the last quarter. 92.77% of the stock is owned by institutional investors and hedge funds.

Kforce Company Profile

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.