Kelly Services FY2026 EPS Forecast Raised by Noble Financial

Kelly Services, Inc. (NASDAQ:KELYA) – Investment analysts at Noble Financial increased their FY2026 earnings per share (EPS) estimates for Kelly Services in a report released on Monday, August 10th. Noble Financial analyst J. Gomes now anticipates that the business services provider will earn $1.21 per share for the year, up from their previous forecast of $1.16. The consensus estimate for Kelly Services’ current full-year earnings is $0.99 per share.

Other analysts also recently issued reports about the stock. Barrington Research lifted their price objective on shares of Kelly Services from $15.00 to $20.00 and gave the company an “outperform” rating in a report on Monday. Zacks Research upgraded shares of Kelly Services from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Kelly Services in a research report on Friday. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $20.00.

Kelly Services Trading Down 1.6%

NASDAQ KELYA opened at $15.42 on Wednesday. Kelly Services has a 52 week low of $7.98 and a 52 week high of $17.75. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.50 and a current ratio of 1.50. The stock’s 50 day moving average price is $13.52 and its two-hundred day moving average price is $11.02. The stock has a market capitalization of $534.61 million, a price-to-earnings ratio of -1.97, a PEG ratio of 1.22 and a beta of 0.83.

Kelly Services (NASDAQ:KELYA) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.19. Kelly Services had a positive return on equity of 2.69% and a negative net margin of 6.73%.The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period last year, the company earned $0.52 earnings per share.

Kelly Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be paid a dividend of $0.075 per share. The ex-dividend date is Wednesday, August 19th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.9%. Kelly Services’s dividend payout ratio is currently -3.84%.

Insider Activity

In other news, EVP Vanessa Peterson Williams sold 29,999 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $9.78, for a total value of $293,390.22. Following the completion of the sale, the executive vice president owned 82,355 shares of the company’s stock, valued at approximately $805,431.90. This represents a 26.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Kelly Services

A number of large investors have recently added to or reduced their stakes in KELYA. Private Management Group Inc. lifted its stake in Kelly Services by 101.8% in the 4th quarter. Private Management Group Inc. now owns 1,268,649 shares of the business services provider’s stock valued at $11,164,000 after purchasing an additional 640,076 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Kelly Services by 39.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,908,900 shares of the business services provider’s stock worth $16,798,000 after purchasing an additional 544,309 shares during the period. Millennium Management LLC increased its position in Kelly Services by 594.2% during the fourth quarter. Millennium Management LLC now owns 623,723 shares of the business services provider’s stock worth $5,489,000 after buying an additional 533,873 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of Kelly Services during the 1st quarter worth approximately $4,371,000. Finally, Donald Smith & CO. Inc. bought a new position in shares of Kelly Services in the second quarter valued at about $5,704,000. Institutional investors and hedge funds own 76.34% of the company’s stock.

More Kelly Services News

Here are the key news stories impacting Kelly Services this week:

• Positive Sentiment: Higher full-year earnings forecasts: Sidoti raised its FY2026 EPS estimate to $1.09 from $0.81, while Noble Financial increased its forecast to $1.21 from $1.16. Both estimates are above the roughly $0.99 consensus, suggesting analysts expect stronger profitability than previously projected.
• Positive Sentiment: Price-target increase: Barrington Research raised its price target to $20 from $15 and assigned an “outperform” rating. The new target implies approximately 29.7% upside from the referenced $15.42 level, providing a significant bullish catalyst. Barrington Research Forecasts Strong Price Appreciation for Kelly Services Stock
• Neutral Sentiment: Mixed analyst revisions: Sidoti reduced its Q3 FY2026 EPS forecast to $0.03 from $0.05, and Noble Financial cut its estimate to $0.14 from $0.18. However, Sidoti raised its Q4 forecast to $0.63 from $0.58, indicating that weakness may be concentrated in the third quarter. Analysts Offer Insights on Kelly Services
• Neutral Sentiment: Short-interest data offers little insight: Reported short interest was zero shares, unchanged from the prior period, with a zero-day short-interest ratio. This suggests limited evidence of short-selling pressure, although the reported figures may reflect a data-quality issue.

About Kelly Services

Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.