Kforce (KFRC) to Post Quarterly Earnings on Monday

Kforce (NASDAQ:KFRCGet Free Report) is expected to be issuing its results after the market closes on Monday, July 27th. Analysts expect Kforce to announce earnings of $0.70 per share and revenue of $348.1120 million for the quarter. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS.

Kforce (NASDAQ:KFRCGet Free Report) last posted its earnings results on Monday, April 27th. The business services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.06. The business had revenue of $330.36 million for the quarter, compared to analysts’ expectations of $329.32 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The business’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 earnings per share. On average, analysts expect Kforce to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Kforce Price Performance

Shares of KFRC stock opened at $54.82 on Friday. The firm has a fifty day simple moving average of $49.08 and a 200-day simple moving average of $38.00. The company has a market capitalization of $977.57 million, a PE ratio of 20.46 and a beta of 0.87. Kforce has a twelve month low of $24.49 and a twelve month high of $60.70. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. William Blair upgraded Kforce from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. Zacks Research downgraded Kforce from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Truist Financial raised their price objective on Kforce from $38.00 to $60.00 and gave the company a “hold” rating in a research note on Wednesday. Robert W. Baird lifted their price objective on Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a report on Tuesday, April 28th. Finally, UBS Group reiterated a “neutral” rating on shares of Kforce in a research note on Thursday. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $47.00.

Get Our Latest Research Report on Kforce

Institutional Trading of Kforce

A number of large investors have recently modified their holdings of KFRC. Invesco Ltd. increased its holdings in shares of Kforce by 20.1% during the fourth quarter. Invesco Ltd. now owns 39,381 shares of the business services provider’s stock valued at $1,218,000 after purchasing an additional 6,596 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in shares of Kforce by 97.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,650 shares of the business services provider’s stock valued at $422,000 after purchasing an additional 6,724 shares in the last quarter. Vident Advisory LLC lifted its holdings in Kforce by 2.8% in the fourth quarter. Vident Advisory LLC now owns 19,724 shares of the business services provider’s stock worth $610,000 after purchasing an additional 544 shares during the period. EP Wealth Advisors LLC acquired a new stake in Kforce in the fourth quarter worth about $269,000. Finally, XTX Topco Ltd bought a new position in Kforce in the 4th quarter valued at about $679,000. Institutional investors and hedge funds own 92.77% of the company’s stock.

About Kforce

(Get Free Report)

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.

Further Reading

Earnings History for Kforce (NASDAQ:KFRC)

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