Q4 EPS Forecast for Kelly Services Decreased by Analyst

Kelly Services, Inc. (NASDAQ:KELYA) – Equities researchers at Noble Financial decreased their Q4 2026 earnings per share (EPS) estimates for Kelly Services in a note issued to investors on Monday, November 9th. Noble Financial analyst J. Gomes now forecasts that the business services provider will earn $0.59 per share for the quarter, down from their prior estimate of $0.65. The consensus estimate for Kelly Services’ current full-year earnings is $1.04 per share.

Kelly Services (NASDAQ:KELYA) last issued its quarterly earnings data on Thursday, November 5th. The business services provider reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. The firm had revenue of $927.20 million for the quarter, compared to analyst estimates of $925.87 million. Kelly Services had a negative net margin of 6.73% and a positive return on equity of 2.69%.

Other equities analysts have also recently issued research reports about the stock. Barrington Research raised their price target on shares of Kelly Services from $15.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Weiss Ratings raised Kelly Services from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, November 4th. Finally, Wall Street Zen raised Kelly Services from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $20.00.

Kelly Services Price Performance

KELYA opened at $13.62 on Tuesday. The stock’s 50-day moving average price is $16.09 and its 200 day moving average price is $12.66. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.08. Kelly Services has a 12-month low of $7.98 and a 12-month high of $17.75. The firm has a market cap of $473.02 million, a price-to-earnings ratio of -3.78, a PEG ratio of 1.18 and a beta of 0.93.

Hedge Funds Weigh In On Kelly Services

Several institutional investors have recently added to or reduced their stakes in KELYA. Signaturefd LLC raised its stake in Kelly Services by 165.4% during the 3rd quarter. Signaturefd LLC now owns 1,754 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 1,093 shares during the last quarter. USA Financial Formulas acquired a new position in shares of Kelly Services in the third quarter valued at approximately $41,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Kelly Services during the second quarter worth approximately $45,000. GAMMA Investing LLC raised its stake in shares of Kelly Services by 19.9% during the second quarter. GAMMA Investing LLC now owns 6,153 shares of the business services provider’s stock worth $76,000 after purchasing an additional 1,023 shares during the last quarter. Finally, Crescent Grove Advisors LLC acquired a new stake in shares of Kelly Services during the first quarter worth $88,000. Institutional investors and hedge funds own 76.34% of the company’s stock.

Kelly Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Wednesday, November 18th will be issued a dividend of $0.0750 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.2%. Kelly Services’s dividend payout ratio (DPR) is currently -8.33%.

Kelly Services Company Profile

Kelly Services, Inc is a workforce solutions company that provides staffing, recruiting, and talent-management services to employers. The company helps organizations address temporary, contract, direct-hire, and outsourced workforce needs across a range of industries and skill levels.

Its offerings include professional and industrial staffing, office and administrative support, science and engineering talent, education staffing, contact-center solutions, and workforce outsourcing and consulting.