Kelly Services - KELYA Stock Forecast, Price & News

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

1 brokerages have issued 1 year target prices for Kelly Services' stock. Their KELYA share price forecasts range from $24.00 to $25.00. On average, they expect the company's share price to reach $24.50 in the next twelve months. This suggests a possible upside of 43.1% 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 $16.77 at the beginning of the year. Since then, KELYA shares have increased by 2.1% and is now trading at $17.12.
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Kelly Services saw a decline in short interest in November. As of November 15th, there was short interest totaling 658,200 shares, a decline of 16.8% from the October 31st total of 791,000 shares. Based on an average trading volume of 158,500 shares, the short-interest ratio is presently 4.2 days. Approximately 2.0% of the company's stock are short sold.
View Kelly Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023.
View our KELYA earnings forecast.

Kelly Services, Inc. (NASDAQ:KELYA) released its quarterly earnings results on Thursday, November, 10th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 0.20% and a trailing twelve-month return on equity of 5.47%.

Kelly Services declared a quarterly dividend on Wednesday, November 9th. Stockholders 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 annualized dividend and a yield of 1.75%. 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 1.75%. 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 13.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KELYA.

Kelly Services updated its FY 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share 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 shareholders include BlackRock Inc. (15.97%), Vanguard Group Inc. (9.65%), Dimensional Fund Advisors LP (7.03%), State Street Corp (3.67%), River Road Asset Management LLC (2.43%) and LSV Asset Management (2.22%). 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.
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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 $17.12.

Kelly Services (NASDAQ:KELYA) has a market capitalization of $649.70 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.