How have KELYA shares performed this year?

Kelly Services' stock was trading at $21.62 on January 1st, 2024. Since then, KELYA shares have increased by 7.1% and is now trading at $23.16. View the best growth stocks for 2024 here .

How were Kelly Services' earnings last quarter?

Kelly Services, Inc. (NASDAQ:KELYA) issued its quarterly earnings results on Thursday, May, 9th. The business services provider reported $0.56 EPS for the quarter, topping analysts' consensus estimates of $0.46 by $0.10. The business services provider had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. Kelly Services had a net margin of 1.11% and a trailing twelve-month return on equity of 6.87%.

Does Kelly Services have any subsidiaries?

The following companies are subsidiaries of Kelly Services: Insight Workforce Solutions, Teachers On Call, TNC Business Technologies, Tradição Tecnologia E Serviços, Toner Graham, CGR/seven, Talents Technology, and more.

Who are Kelly Services' major shareholders?

Kelly Services' top institutional investors include Bank of New York Mellon Corp (0.98%), Assenagon Asset Management S.A. (0.44%), CX Institutional (0.40%) and CWM LLC (0.13%). Insiders that own company stock include Olivier Thirot, Donald R Parfet , Daniel H Malan, Timothy L Dupree, Tammy L Browning, Leslie A Murphy, Vanessa Peterson Williams , James H Bradley , Terrence B Larkin and Jane E Dutton . View institutional ownership trends .

How do I buy shares of Kelly Services?

Shares of KELYA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:KELYA

Kelly Services (KELYA) Stock Price, News & Analysis

$23.16

+0.16 (+0.70%)

(As of 07/26/2024 ET)

Compare

Today's Range: $22.88
▼
$23.45
50-Day Range: $20.17
▼
$23.00
52-Week Range: $16.85
▼
$25.27

Volume: 148,053 shs
Average Volume: 239,056 shs
Market Capitalization: $822.64 million

P/E Ratio: 16.66
Dividend Yield: 1.30%
Price Target: $29.00

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Kelly Services MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 25.2% Upside
$29.00 Price Target
Short Interest: Healthy
2.39% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.23
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 37.50%
From $2.16 to $2.97 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.77 out of 5 stars

Business Services Sector

14th out of 317 stocks

Help Supply Services Industry

1st out of 18 stocks

3.5

Analyst's Opinion

Consensus Rating
Kelly Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Kelly Services has only been the subject of 1 research reports in the past 90 days.
Read more about Kelly Services' stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
2.39% of the float of Kelly Services has been sold short.
Short Interest Ratio / Days to Cover
Kelly Services has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Kelly Services has recently increased by 15.76%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Kelly Services pays a meaningful dividend of 1.32%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Kelly Services does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Kelly Services is 21.58%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Kelly Services will have a dividend payout ratio of 10.10% next year. This indicates that Kelly Services will be able to sustain or increase its dividend.
Read more about Kelly Services' dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KELYA.

2.3

News and Social Media Coverage

News Sentiment
Kelly Services has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Kelly Services this week, compared to 4 articles on an average week.
MarketBeat Follows
5 people have added Kelly Services to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kelly Services insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.90% of the stock of Kelly Services is held by insiders.
Percentage Held by Institutions
76.34% of the stock of Kelly Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Kelly Services' insider trading history.

5.0

Earnings and Valuation

Earnings Growth
Earnings for Kelly Services are expected to grow by 37.50% in the coming year, from $2.16 to $2.97 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kelly Services is 16.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kelly Services is 16.66, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 21.23.
Price to Earnings Growth Ratio
Kelly Services has a PEG Ratio of 0.81. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Kelly Services has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
Read more about Kelly Services' valuation and earnings.

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About Kelly Services Stock (NASDAQ:KELYA)

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. The Science, Engineering & Technology segment offers staffing, outcome-based, and permanent placement services in the areas of science and clinical research, engineering, technology, and telecommunications specialties. The Education segment provides staffing, permanent placement, and executive search services to pre-K-12 school districts and education organizations. The Outsourcing & Consulting segment offers managed service provider, recruitment process outsourcing, payroll process outsourcing, and executive coaching programs to customers on a global basis that includes its RocketPower brand. The International segment provides staffing, recruitment process outsourcing, and permanent placement services. The company serves customers in the United States, Canada, Mexico, Puerto Rico, France, Switzerland, Portugal, Russia, Italy, rest of Europe, and the Asia-Pacific region. Kelly Services, Inc. was founded in 1946 and is headquartered in Troy, Michigan.

KELYA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KELYA Stock News Headlines

July 25 at 7:30 AM | globenewswire.com

Kelly Announces Second-Quarter 2024 Conference Call

July 23 at 3:51 AM | msn.com

Kelly: No new contract, no team drills for Tua | Opinion

July 26, 2024 | Traders Agency (Ad)

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June 12, 2024 | globenewswire.com

Lack of Career Progression, Upskilling and Flexibility in the Workplace Putting Australian Businesses Behind the Rest of the World, New Report Shows

June 12, 2024 | globenewswire.com

Kelly Completes Sale of Ayers Group, a Division of KellyOCG, to Keystone Partners