Kelly Services (NASDAQ:KELYA) Given Sell (D) Rating at Weiss Ratings

Key Points

• Weiss Ratings has reissued a "sell (d)" rating for Kelly Services (NASDAQ: KELYA), indicating negative sentiment about the stock's performance.
• Despite the bearish outlook from Weiss, other analysts like Wall Street Zen and Barrington Research have upgraded the stock, reflecting a mix of ratings with an average target price of $25.00.
• Insider selling activity has been noted, with key executives offloading significant shares of stock, which could signal caution among company leadership.

Kelly Services (NASDAQ:KELYA - Get Free Report)'s stock had its "sell (d)" rating reissued by research analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

A number of other research firms have also commented on KELYA. Wall Street Zen raised Kelly Services from a "buy" rating to a "strong-buy" rating in a research note on Sunday, September 14th. Barrington Research restated an "outperform" rating and issued a $25.00 target price on shares of Kelly Services in a report on Tuesday, September 23rd. Finally, UBS Group reaffirmed an "outperform" rating on shares of Kelly Services in a research note on Friday, September 12th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Kelly Services presently has an average rating of "Hold" and an average target price of $25.00.

Kelly Services Stock Up 1.9%

KELYA stock opened at $13.01 on Wednesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.52 and a quick ratio of 1.52. The company's 50 day simple moving average is $13.58 and its 200-day simple moving average is $12.60. Kelly Services has a 12 month low of $10.80 and a 12 month high of $22.44. The firm has a market capitalization of $458.63 million, a PE ratio of -65.05, a P/E/G ratio of 0.46 and a beta of 0.85.

Kelly Services (NASDAQ:KELYA - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The business services provider reported $0.54 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.54. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. Kelly Services had a positive return on equity of 5.65% and a negative net margin of 0.14%. Kelly Services has set its Q3 2025 guidance at EPS. Equities analysts expect that Kelly Services will post 2.45 earnings per share for the current fiscal year.

Insider Activity at Kelly Services

In other news, SVP Daniel H. Malan sold 7,840 shares of the business's stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $12.86, for a total transaction of $100,822.40. Following the completion of the sale, the senior vice president directly owned 79,791 shares of the company's stock, valued at $1,026,112.26. The trade was a 8.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Nicola M. Soares sold 27,412 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $13.43, for a total value of $368,143.16. Following the completion of the transaction, the senior vice president directly owned 40,134 shares in the company, valued at $538,999.62. This trade represents a 40.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 52,902 shares of company stock worth $721,526 over the last three months. Corporate insiders own 48.09% of the company's stock.

Institutional Investors Weigh In On Kelly Services

Several large investors have recently made changes to their positions in the business. Cubist Systematic Strategies LLC boosted its position in Kelly Services by 26.6% during the 1st quarter. Cubist Systematic Strategies LLC now owns 214,464 shares of the business services provider's stock worth $2,824,000 after purchasing an additional 45,115 shares during the period. GAMMA Investing LLC raised its position in Kelly Services by 923.2% in the first quarter. GAMMA Investing LLC now owns 95,469 shares of the business services provider's stock valued at $1,257,000 after purchasing an additional 86,139 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Kelly Services by 26.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 650,134 shares of the business services provider's stock worth $8,562,000 after purchasing an additional 136,392 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Kelly Services by 114.3% in the first quarter. Victory Capital Management Inc. now owns 69,891 shares of the business services provider's stock worth $920,000 after buying an additional 37,280 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of Kelly Services by 22.0% in the first quarter. Cetera Investment Advisers now owns 13,877 shares of the business services provider's stock worth $183,000 after buying an additional 2,507 shares during the period. Institutional investors and hedge funds own 76.34% of the company's stock.

Kelly Services Company Profile

Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions.

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