Sidoti Has Negative Outlook for Kelly Services Q4 Earnings

Key Points

• Sidoti cut its Q4 2026 EPS forecast for Kelly Services to $0.42 from $0.63; it estimates FY2027 EPS of $1.56.
• Kelly Services’ latest quarter matched the $0.07-per-share consensus, while revenue of $927.2 million slightly exceeded analysts’ $925.87 million estimate.
• Analyst views are mixed, with one Buy, one Hold, and one Sell rating; MarketBeat reports a consensus rating of Hold and a $20 price target.

Kelly Services, Inc. (NASDAQ:KELYA - Free Report) - Analysts at Sidoti decreased their Q4 2026 earnings estimates for shares of Kelly Services in a report issued on Friday, November 6th. Sidoti analyst M. Riddick now expects that the business services provider will earn $0.42 per share for the quarter, down from their previous estimate of $0.63. The consensus estimate for Kelly Services' current full-year earnings is $1.04 per share. Sidoti also issued estimates for Kelly Services' Q3 2027 earnings at $0.29 EPS and FY2027 earnings at $1.56 EPS.

A number of other analysts have also recently commented on KELYA. Barrington Research boosted their target price on Kelly Services from $15.00 to $20.00 and gave the company an "outperform" rating in a report on Monday, August 10th. Wall Street Zen upgraded Kelly Services from a "hold" rating to a "buy" rating in a research note on Saturday, October 10th. Finally, Weiss Ratings raised Kelly Services from a "sell (d)" rating to a "sell (d+)" rating in a research report on Wednesday, November 4th. One 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. According to MarketBeat, Kelly Services has a consensus rating of "Hold" and a consensus target price of $20.00.

Kelly Services Stock Performance

NASDAQ KELYA opened at $13.62 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.50 and a quick ratio of 1.50. Kelly Services has a 1 year low of $7.98 and a 1 year high of $17.75. The company has a market capitalization of $473.02 million, a PE ratio of -3.78, a P/E/G ratio of 1.18 and a beta of 0.93. The company has a fifty day moving average of $16.09 and a two-hundred day moving average of $12.66.

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

Kelly Services Dividend Announcement

The firm also recently disclosed 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. This represents a $0.30 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, November 18th. Kelly Services's dividend payout ratio (DPR) is presently -8.33%.

Institutional Investors Weigh In On Kelly Services

Several hedge funds have recently made changes to their positions in the business. Donald Smith & CO. Inc. purchased a new position in Kelly Services in the 2nd quarter valued at $5,704,000. Public Employees Retirement System of Ohio acquired a new position in Kelly Services in the 2nd quarter valued at $755,000. Fifth Third Bancorp purchased a new position in Kelly Services during the 1st quarter worth $4,371,000. Quantinno Capital Management LP raised its position in Kelly Services by 34.5% during the 1st quarter. Quantinno Capital Management LP now owns 189,010 shares of the business services provider's stock worth $1,673,000 after buying an additional 48,431 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in shares of Kelly Services by 90.5% in the 1st quarter. Sei Investments Co. now owns 94,916 shares of the business services provider's stock worth $840,000 after acquiring an additional 45,097 shares during the period. Institutional investors and hedge funds own 76.34% of the company's stock.

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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