Kelly Services Stock Gets Reduced EPS Estimate from Sidoti

Key Points

• Sidoti cut its FY2026 EPS forecast for Kelly Services to $0.91 from $1.09, below the $1.04 analyst consensus.
• Kelly Services reported quarterly EPS of $0.07, matching estimates, while revenue of $927.2 million slightly exceeded forecasts of $925.9 million. Analysts’ average rating is “Hold,” with an average price target of $20.
• The company declared a quarterly dividend of $0.075 per share, equivalent to $0.30 annually and a 2.2% yield.

Kelly Services, Inc. (NASDAQ:KELYA - Free Report) - Analysts at Sidoti cut their FY2026 EPS estimates for Kelly Services in a research report issued on Friday, November 6th. Sidoti analyst M. Riddick now forecasts that the business services provider will earn $0.91 per share for the year, down from their previous forecast of $1.09. The consensus estimate for Kelly Services' current full-year earnings is $1.04 per share. Sidoti also issued estimates for Kelly Services' Q1 2027 earnings at $0.33 EPS, Q2 2027 earnings at $0.42 EPS, Q4 2027 earnings at $0.52 EPS, Q1 2028 earnings at $0.41 EPS, Q2 2028 earnings at $0.47 EPS, Q3 2028 earnings at $0.34 EPS and FY2028 earnings at $1.82 EPS.

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

Kelly Services Stock Performance

NASDAQ:KELYA opened at $13.81 on Monday. The stock has a market cap of $479.62 million, a P/E ratio of -3.84, a PEG ratio of 1.02 and a beta of 0.93. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.12. The business's 50-day moving average price is $16.16 and its two-hundred day moving average price is $12.64. Kelly Services has a twelve month low of $7.98 and a twelve month high of $17.75.

Kelly Services (NASDAQ:KELYA - Get Free Report) last posted its earnings results on Thursday, November 5th. The business services provider reported $0.07 earnings per share for the quarter, meeting analysts' consensus estimates of $0.07. The business had revenue of $927.20 million during the quarter, compared to analyst estimates of $925.87 million. Kelly Services had a positive return on equity of 2.36% and a negative net margin of 3.08%.

Institutional Investors Weigh In On Kelly Services

Large investors have recently added to or reduced their stakes in the company. Signaturefd LLC increased its stake in shares of Kelly Services by 165.4% during the third quarter. Signaturefd LLC now owns 1,754 shares of the business services provider's stock valued at $28,000 after buying an additional 1,093 shares during the period. USA Financial Formulas bought a new position in shares of Kelly Services during the third quarter valued at approximately $41,000. Integrated Wealth Concepts LLC purchased a new stake in Kelly Services in the second quarter worth $45,000. GAMMA Investing LLC lifted its stake in Kelly Services by 19.9% in the second quarter. GAMMA Investing LLC now owns 6,153 shares of the business services provider's stock worth $76,000 after acquiring an additional 1,023 shares during the period. Finally, Versant Capital Management Inc boosted its holdings in Kelly Services by 47.0% in the second quarter. Versant Capital Management Inc now owns 7,351 shares of the business services provider's stock valued at $90,000 after acquiring an additional 2,351 shares in the last quarter. Institutional investors own 76.34% of the company's stock.

Kelly Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Wednesday, November 18th will be given a dividend of $0.0750 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $0.30 annualized dividend and a yield of 2.2%. Kelly Services's dividend payout ratio is presently -3.84%.

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.

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