What is Sidoti's Estimate for Kelly Services Q2 Earnings?

Key Points

• Sidoti raised its Q2 2026 EPS estimate for Kelly Services to $0.15 from $0.10, signaling a more optimistic view ahead of the company’s next quarterly results.
• Kelly Services recently reported Q1 earnings of $0.03 per share, missing analyst expectations of $0.07, even though revenue of $1.04 billion came in slightly above estimates.
• The stock currently carries a Hold consensus rating with a $15.00 target price, while the company also pays a quarterly dividend of $0.075 per share, yielding about 3.0%.

Kelly Services, Inc. (NASDAQ:KELYA - Free Report) - Stock analysts at Sidoti lifted their Q2 2026 earnings per share (EPS) estimates for shares of Kelly Services in a research note issued on Friday, May 8th. Sidoti analyst M. Riddick now anticipates that the business services provider will post earnings per share of $0.15 for the quarter, up from their prior forecast of $0.10. The consensus estimate for Kelly Services' current full-year earnings is $1.06 per share. Sidoti also issued estimates for Kelly Services' Q4 2026 earnings at $0.58 EPS, FY2026 earnings at $0.81 EPS, Q1 2027 earnings at $0.38 EPS, Q4 2027 earnings at $0.57 EPS and FY2027 earnings at $1.87 EPS.

Kelly Services (NASDAQ:KELYA - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The business services provider reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.04). The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. Kelly Services had a negative net margin of 6.44% and a positive return on equity of 3.07%.

Several other research analysts have also recently weighed in on KELYA. Weiss Ratings restated a "sell (d)" rating on shares of Kelly Services in a report on Tuesday, April 21st. Barrington Research cut their target price on Kelly Services from $16.00 to $15.00 and set an "outperform" rating on the stock in a research note on Friday, February 13th. Zacks Research upgraded Kelly Services from a "strong sell" rating to a "hold" rating in a research note on Monday, April 20th. Finally, Wall Street Zen upgraded Kelly Services from a "sell" rating to a "hold" rating in a research note on Sunday, February 22nd. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $15.00.

Kelly Services Price Performance

KELYA opened at $9.87 on Monday. Kelly Services has a fifty-two week low of $7.98 and a fifty-two week high of $14.94. The firm has a market capitalization of $337.65 million, a P/E ratio of -1.30, a PEG ratio of 0.72 and a beta of 0.79. The company's 50-day moving average is $9.11 and its 200 day moving average is $9.48. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.59 and a quick ratio of 1.59.

Kelly Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, May 18th will be given a $0.075 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $0.30 annualized dividend and a yield of 3.0%. Kelly Services's payout ratio is currently -3.95%.

Insider Transactions at Kelly Services

In related news, Director James Christopher Hunt bought 10,000 shares of the company's stock in a transaction on Monday, February 23rd. The shares were purchased at an average cost of $9.43 per share, for a total transaction of $94,300.00. Following the completion of the purchase, the director directly owned 25,976 shares in the company, valued at $244,953.68. The trade was a 62.59% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Christopher D. Layden bought 10,100 shares of Kelly Services stock in a transaction dated Tuesday, March 24th. The shares were bought at an average cost of $8.80 per share, with a total value of $88,880.00. Following the completion of the transaction, the chief executive officer directly owned 382,513 shares in the company, valued at approximately $3,366,114.40. This trade represents a 2.71% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 35,200 shares of company stock worth $327,137. Corporate insiders own 5.40% of the company's stock.

Institutional Investors Weigh In On Kelly Services

Several large investors have recently modified their holdings of KELYA. Private Management Group Inc. increased its stake in shares of Kelly Services by 101.8% during the 4th quarter. Private Management Group Inc. now owns 1,268,649 shares of the business services provider's stock worth $11,164,000 after purchasing an additional 640,076 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Kelly Services by 39.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,908,900 shares of the business services provider's stock worth $16,798,000 after acquiring an additional 544,309 shares during the last quarter. Millennium Management LLC increased its holdings in Kelly Services by 594.2% in the 4th quarter. Millennium Management LLC now owns 623,723 shares of the business services provider's stock worth $5,489,000 after acquiring an additional 533,873 shares during the last quarter. Fifth Third Bancorp purchased a new stake in Kelly Services in the 1st quarter worth about $4,371,000. Finally, JPMorgan Chase & Co. increased its holdings in Kelly Services by 1,328.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 412,211 shares of the business services provider's stock worth $5,408,000 after acquiring an additional 383,357 shares during the last quarter. Hedge funds and other institutional investors own 76.34% of the company's stock.

Kelly Services Company Profile

Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.

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