Robert W. Baird Raises Kforce (NASDAQ:KFRC) Price Target to $63.00

Kforce (NASDAQ:KFRC) had its target price upped by stock analysts at Robert W. Baird from $42.00 to $63.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s price objective indicates a potential upside of 8.33% from the stock’s current price.

Several other brokerages have also commented on KFRC. UBS Group restated a “neutral” rating on shares of Kforce in a research note on Thursday. Zacks Research lowered Kforce from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. William Blair upgraded Kforce from a “market perform” rating to an “outperform” rating in a report on Tuesday, April 21st. Finally, Truist Financial increased their target price on shares of Kforce from $38.00 to $60.00 and gave the stock a “hold” rating in a research report on Wednesday, July 22nd. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $54.00.

Kforce Stock Up 5.5%

Shares of KFRC opened at $58.15 on Tuesday. Kforce has a fifty-two week low of $24.49 and a fifty-two week high of $60.70. The company’s fifty day moving average is $49.43 and its two-hundred day moving average is $38.22. The firm has a market cap of $1.04 billion, a PE ratio of 21.70 and a beta of 0.87. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16.

Kforce (NASDAQ:KFRC) last released its quarterly earnings data on Monday, July 27th. The business services provider reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.03. The business had revenue of $349.33 million during the quarter, compared to the consensus estimate of $348.11 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.59 EPS. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. Analysts forecast that Kforce will post 2.7 earnings per share for the current year.

Institutional Trading of Kforce

Hedge funds and other institutional investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. increased its holdings in Kforce by 4.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 893,564 shares of the business services provider’s stock worth $27,629,000 after purchasing an additional 41,740 shares during the last quarter. Copeland Capital Management LLC increased its stake in shares of Kforce by 51.5% in 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 last quarter. Deprince Race & Zollo Inc. increased its stake in shares of Kforce by 30.7% in the fourth quarter. Deprince Race & Zollo Inc. now owns 499,733 shares of the business services provider’s stock worth $15,452,000 after buying an additional 117,290 shares during the last quarter. AQR Capital Management LLC raised 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 acquiring an additional 198,447 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in Kforce by 144.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 411,706 shares of the business services provider’s stock valued at $12,343,000 after acquiring an additional 243,303 shares in the last quarter. 92.77% of the stock is owned by hedge funds and other institutional investors.

Key Kforce News

Here are the key news stories impacting Kforce this week:

• Positive Sentiment: Q2 earnings exceeded expectations: Kforce reported adjusted earnings of $0.73 per share, above the $0.70 consensus estimate and up from $0.59 a year earlier. Revenue reached $349.3 million, surpassing the $348.1 million analyst forecast and increasing 4.5% year over year. Kforce Reports Second Quarter 2026 Revenue of $349.3 Million, up 4.5% Year Over Year
• Positive Sentiment: Profitability remained solid: Kforce posted a 30.34% return on equity and a 3.59% net margin, while management said quarterly revenue and profitability exceeded its expectations. The earnings beat was also highlighted by Zacks. Kforce Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Third-quarter outlook supports continued earnings: Kforce issued Q3 2026 EPS guidance of $0.71 to $0.79, indicating that management expects earnings to remain near the level achieved in the latest quarter.
• Positive Sentiment: Dividend provides shareholder support: Kforce declared a quarterly dividend of $0.40 per share, payable September 25 to shareholders of record September 11. The annualized payout is $1.60 per share, representing an indicated yield of approximately 2.8% at the reported share price.
• Neutral Sentiment: Management’s Q2 earnings call provided additional commentary on the results and outlook, but the available report does not include further specific operating details. Kforce Q2 2026 Earnings Call Transcript

About Kforce

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.