Kelly Services (NASDAQ:KELYA) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Kelly Services' stock recently crossed above its 200-day moving average, indicating potential bullish momentum, with shares last trading at $12.93.
• Analysts maintain a consensus rating of "Hold" for the company, with target prices ranging as high as $25.00 and varying ratings from "outperform" to "sell."
• The company declared a quarterly dividend of $0.075, representing an annualized yield of 2.3%, despite a negative payout ratio of -150.00%.

Shares of Kelly Services, Inc. (NASDAQ:KELYA - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.59 and traded as high as $13.25. Kelly Services shares last traded at $12.93, with a volume of 280,735 shares trading hands.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on KELYA shares. UBS Group reaffirmed an "outperform" rating on shares of Kelly Services in a report on Friday, September 12th. Barrington Research reissued an "outperform" rating and set a $25.00 target price on shares of Kelly Services in a research report on Tuesday, September 23rd. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Kelly Services in a research report on Saturday, September 27th. Finally, Wall Street Zen raised Kelly Services from a "buy" rating to a "strong-buy" rating in a research report on Sunday, September 14th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $25.00.

Kelly Services Trading Down 0.8%

The firm has a market cap of $455.78 million, a P/E ratio of -64.65, a PEG ratio of 0.47 and a beta of 0.85. The company's 50 day moving average is $13.57 and its two-hundred day moving average is $12.59. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.52 and a quick ratio of 1.52.

Kelly Services (NASDAQ:KELYA - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.54 EPS for the quarter, meeting the consensus estimate of $0.54. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations 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. On average, sell-side analysts predict that Kelly Services, Inc. will post 2.45 earnings per share for the current year.

Kelly Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Wednesday, August 20th were paid a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $0.30 annualized dividend and a yield of 2.3%. Kelly Services's payout ratio is currently -150.00%.

Insiders Place Their Bets

In other Kelly Services news, SVP Daniel H. Malan sold 7,840 shares of the stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $12.86, for a total transaction of $100,822.40. Following the completion of the transaction, the senior vice president directly owned 79,791 shares in the company, valued at $1,026,112.26. This represents a 8.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Nicola M. Soares sold 27,412 shares of the company's stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $13.43, for a total transaction of $368,143.16. Following the completion of the sale, the senior vice president directly owned 40,134 shares in the company, valued at approximately $538,999.62. The trade was a 40.58% decrease in their position. The disclosure for this sale can be found here. Insiders sold 52,902 shares of company stock worth $721,526 over the last quarter. Company insiders own 3.90% of the company's stock.

Institutional Investors Weigh In On Kelly Services

A number of hedge funds and other institutional investors have recently bought and sold shares of KELYA. Parallel Advisors LLC boosted its stake in Kelly Services by 5,012.7% in the first quarter. Parallel Advisors LLC now owns 2,812 shares of the business services provider's stock worth $37,000 after purchasing an additional 2,757 shares in the last quarter. Cubist Systematic Strategies LLC raised its holdings in shares of Kelly Services by 26.6% in the first quarter. Cubist Systematic Strategies LLC now owns 214,464 shares of the business services provider's stock valued at $2,824,000 after buying an additional 45,115 shares during the last quarter. GAMMA Investing LLC lifted its position in Kelly Services by 923.2% during the 1st quarter. GAMMA Investing LLC now owns 95,469 shares of the business services provider's stock worth $1,257,000 after buying an additional 86,139 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Kelly Services by 26.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 650,134 shares of the business services provider's stock worth $8,562,000 after buying an additional 136,392 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in Kelly Services by 114.3% during the 1st quarter. Victory Capital Management Inc. now owns 69,891 shares of the business services provider's stock worth $920,000 after acquiring an additional 37,280 shares during the last quarter. 76.34% of the stock is owned by institutional investors and hedge funds.

About Kelly Services

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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