Kelly Services - KELYA Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kelly Services in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" KELYA shares.
View KELYA analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 1-year price objectives for Kelly Services' stock. Their KELYA share price forecasts range from $24.00 to $25.00. On average, they anticipate the company's share price to reach $24.50 in the next twelve months. This suggests a possible upside of 32.2% from the stock's current price.
View analysts price targets for KELYA or view top-rated stocks among Wall Street analysts.

Kelly Services' stock was trading at $16.90 at the beginning of 2023. Since then, KELYA stock has increased by 9.6% and is now trading at $18.53.
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Kelly Services saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 1,130,000 shares, a decline of 10.3% from the December 31st total of 1,260,000 shares. Based on an average trading volume of 181,100 shares, the days-to-cover ratio is presently 6.2 days. Currently, 3.4% of the shares of the stock are sold short.
View Kelly Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our KELYA earnings forecast.

Kelly Services will be holding an earnings conference call on Thursday, February 16th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-970-0847 with passcode "1472042#".

Kelly Services, Inc. (NASDAQ:KELYA) posted its quarterly earnings data on Thursday, November, 10th. The business services provider reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.04. The business services provider had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.21 billion. Kelly Services had a trailing twelve-month return on equity of 5.47% and a net margin of 0.20%.

Kelly Services declared a quarterly dividend on Wednesday, November 9th. Shareholders of record on Wednesday, November 23rd will be paid a dividend of $0.075 per share on Wednesday, December 7th. This represents a $0.30 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Tuesday, November 22nd.
Read our dividend analysis for KELYA.

Kelly Services (NASDAQ:KELYA) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.60%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 150.01%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KELYA will have a dividend payout ratio of 15.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KELYA.

Kelly Services issued an update on its FY 2022 earnings guidance on Saturday, December, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.91 billion-$4.96 billion, compared to the consensus revenue estimate of $5.09 billion.

Kelly Services trades on the NASDAQ under the ticker symbol "KELYA."

Kelly Services' stock is owned by many different retail and institutional investors. Top institutional investors include River Road Asset Management LLC (2.36%), Leeward Investments LLC MA (0.90%), CWM LLC (0.19%), Strs Ohio (0.10%), New York State Common Retirement Fund (0.07%) and Allspring Global Investments Holdings LLC (0.06%). Insiders that own company stock include Carol M Adderley, Donald R Parfet, George S Corona, James H Bradley, James Polehna, Jane E Dutton, Olivier Thirot, Terrence B Larkin and Vanessa Peterson Williams.
View institutional ownership trends.

Shares of KELYA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KELYA stock can currently be purchased for approximately $18.53.

Kelly Services (NASDAQ:KELYA) has a market capitalization of $703.21 million and generates $4.91 billion in revenue each year. The business services provider earns $156.10 million in net income (profit) each year or $0.20 on an earnings per share basis.

The company employs 4,500 workers across the globe.

Kelly Services' mailing address is 999 WEST BIG BEAVER ROAD, TROY MI, 48084. The official website for the company is www.kellyservices.com. The business services provider can be reached via phone at (248) 362-4444, via email at polehjm@kellyservices.com, or via fax at 248-244-4154.