Kelly Services - KELYA Stock Forecast, Price & News

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

1 equities research analysts have issued twelve-month price objectives for Kelly Services' stock. Their KELYA share price forecasts range from $25.00 to $25.00. On average, they predict the company's share price to reach $25.00 in the next year. This suggests a possible upside of 82.5% 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 on January 1st, 2022. Since then, KELYA shares have decreased by 18.3% and is now trading at $13.70.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our KELYA earnings forecast.

Kelly Services, Inc. (NASDAQ:KELYA) issued its quarterly earnings results on Thursday, August, 11th. The business services provider reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by $0.03. The business services provider had revenue of $1.27 billion for the quarter, compared to analysts' expectations of $1.28 billion. Kelly Services had a trailing twelve-month return on equity of 5.50% and a net margin of 1.22%. Kelly Services's quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the firm posted $0.49 earnings per share.

Kelly Services declared a quarterly dividend on Wednesday, August 10th. Investors of record on Wednesday, August 24th will be given a dividend of $0.075 per share on Wednesday, September 7th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend is Tuesday, August 23rd.
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 2.16%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KELYA will have a dividend payout ratio of 11.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KELYA.

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

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.
Compare Top Brokerages Here.

One share of KELYA stock can currently be purchased for approximately $13.70.

Kelly Services (NASDAQ:KELYA) has a market capitalization of $519.86 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 $1.50 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.