NASDAQ:KFRC

Kforce - KFRC Stock Forecast, Price & News

$58.65

-0.73 (-1.23%)

(As of 09/29/2022 12:00 AM ET)

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Today's Range: $57.56
▼
$58.72
50-Day Range: $54.69
▼
$66.68
52-Week Range: $54.34
▼
$81.47

Volume: 110,619 shs
Average Volume: 118,444 shs
Market Capitalization: $1.24 billion

P/E Ratio: 14.06
Dividend Yield: 2.02%
Price Target: $67.50

Kforce MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 15.1% Upside
$67.50 Price Target
Short Interest: Bearish
3.90% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.13
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -11.78%
From $4.16 to $3.67 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Business Services Sector

211th out of 338 stocks

Help Supply Services Industry

17th out of 18 stocks

2.3

Analyst's Opinion

Consensus Rating
Kforce has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $67.50, Kforce has a forecasted upside of 15.1% from its current price of $58.65.
Amount of Analyst Coverage
Kforce has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.90% of the float of Kforce has been sold short.
Short Interest Ratio / Days to Cover
Kforce has a short interest ratio ("days to cover") of 6.1.
Change versus previous month
Short interest in Kforce has recently increased by 1.98%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Kforce pays a meaningful dividend of 2.02%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Kforce has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Kforce is 28.78%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Kforce will have a dividend payout ratio of 32.70% next year. This indicates that Kforce will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

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

3.4

News and Social Media Coverage

News Sentiment
Kforce has a news sentiment score of 1.13. 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 higher news sentiment than the 0.51 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Kforce this week, compared to 3 articles on an average week.
MarketBeat Follows
2 people have added Kforce to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kforce insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.50% of the stock of Kforce is held by insiders.
Percentage Held by Institutions
94.26% of the stock of Kforce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Kforce are expected to decrease by -11.78% in the coming year, from $4.16 to $3.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kforce is 14.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kforce is 14.06, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 232.64.
Price to Book Value per Share Ratio
Kforce has a P/B Ratio of 6.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Kforce (NASDAQ:KFRC) Stock

Kforce Inc. provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security. This segment serves clients in various industries comprising financial and business services, communications, insurance, retail, and technology industries. The FA businesses segment offers talent solutions to its clients in areas, including financial planning and analysis, business intelligence analysis, accounting, transactional accounting, business and cost analysis, and taxation and treasury. It also provides consultants in lower skilled areas comprising loan servicing and support, customer and call center support, data entry, and other administrative roles. This segment serves clients in various industries, including financial and business services, healthcare, and manufacturing sectors. Kforce Inc. was founded in 1962 and is headquartered in Tampa, Florida.

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KFRC Stock News Headlines

September 24, 2022 | reuters.com

KFRC.O - Kforce Inc. | Stock Price & Latest News | Reuters

September 19, 2022 | finance.yahoo.com

Kforce Inc. (KFRC)

September 17, 2022 | ca.investing.com

These 6 Companies Announced Share Repurchase Plans Today By Investing.com - Investing.com Canada

September 15, 2022 | investing.com

These 6 Companies Announced Share Repurchase Plans Today By Investing.com - Investing.com

September 9, 2022 | finance.yahoo.com

Kforce Announces Participation at the Sidoti Fall Virtual Small Cap Investor Conference - Yahoo Finance

September 2, 2022 | benzinga.com

lululemon athletica inc. (LULU) – Conundrum: The U.S. Economy Added Jobs But The Unemployment Rate Rose - Benzinga

August 21, 2022 | nasdaq.com

Is It Too Late To Consider Buying Kforce Inc. (NASDAQ:KFRC)?

August 18, 2022 | bizjournals.com

Find out who tops list of 2022 Best Places to Work winners - Medium category - Milwaukee Business Journal - The Business Journals

August 18, 2022 | finance.yahoo.com

Kforce Inc. (NASDAQ:KFRC) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap? - Yahoo Finance

August 16, 2022 | finance.yahoo.com

Kforce Inc. (NASDAQ:KFRC) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

August 3, 2022 | nasdaq.com

Validea Kenneth Fisher Strategy Daily Upgrade Report - 8/3/2022 - Nasdaq

August 2, 2022 | greenwichtime.com

Kforce: Q2 Earnings Snapshot - Greenwich Time

August 2, 2022 | globenewswire.com

Kforce Reports Second Quarter 2022 Revenues of $436.5 Million; Technology Revenues Grew Approximately 24% Year-Over-Year and 50% Over the Second Quarter of 2020; Earnings Per Share of $1.30 - GlobeNewswire

August 1, 2022 | investing.com

Kforce Tops Q2 EPS by 12c By Investing.com - Investing.com

August 1, 2022 | apnews.com

Kforce: Q2 Earnings Snapshot - The Associated Press - en Español

August 1, 2022 | finance.yahoo.com

Kforce Reports Second Quarter 2022 Revenues of $436.5 Million; Technology Revenues Grew Approximately 24% Year-Over-Year and 50% Over the Second Quarter of 2020; Earnings Per Share of $1.30

August 1, 2022 | finance.yahoo.com

Kforce (KFRC) Surpasses Q2 Earnings Estimates

July 29, 2022 | msn.com

Kforce's Earnings Outlook

July 20, 2022 | nasdaq.com

Is Kforce (NASDAQ:KFRC) A Risky Investment? - Nasdaq

July 10, 2022 | finance.yahoo.com

Should You Investigate Kforce Inc. (NASDAQ:KFRC) At US$63.08?

July 6, 2022 | finance.yahoo.com

Kforce Inc. to Announce Second-Quarter Results on August 1, 2022

July 5, 2022 | stocknews.com

KFRC: 5 "Strong Buy" Stocks in The Top-Rated Industry - StockNews.com

June 29, 2022 | bizjournals.com

Tropicana Field redevelopment proposals thrown out - Tampa Bay Business Journal - The Business Journals

June 28, 2022 | bizjournals.com

Best Places To Work - Milwaukee Business Journal - The Business Journals

June 27, 2022 | bizjournals.com

Ybor City site may no longer work for Rays stadium - Tampa Bay Business Journal - The Business Journals

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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KFRC Company Calendar

Last Earnings: 8/01/2022
Ex-Dividend for 9/30 Dividend: 9/15/2022
Today: 9/29/2022
Dividend Payable: 9/30/2022
Next Earnings (Estimated): 11/07/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Help supply services
Sub-Industry: Human Resource & Employment Services
Sector: Business Services
Current Symbol: NASDAQ:KFRC
CUSIP: 49373210
CIK: 930420
Web: www.kforce.com
Phone: (813) 552-5000
Fax: 813-254-9640
Employees: 2,000
Year Founded: 1962

Price Target and Rating

Average Stock Price Forecast: $67.50
High Stock Price Forecast: $70.00
Low Stock Price Forecast: $65.00
Forecasted Upside/Downside: +15.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.17
Trailing P/E Ratio: 14.06
Forward P/E Ratio: 14.10
P/E Growth: N/A
Net Income: $75.18 million
Net Margins: 5.21%
Pretax Margin: 6.84%
Return on Equity: 44.12%
Return on Assets: 17.39%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.72
Quick Ratio: 1.72

Sales & Book Value

Annual Sales: $1.58 billion
Price / Sales: 0.79
Cash Flow: $3.82 per share
Price / Cash Flow: 15.35
Book Value: $8.79 per share
Price / Book: 6.67

Miscellaneous

Outstanding Shares: 21,176,000
Free Float: 20,011,000
Market Cap: $1.24 billion
Optionable: Optionable
Beta: 1.10

Social Links

Key Executives

Mr. Joseph J. Liberatore (Age 59)
CEO, Pres & Director
Comp: $2.12M

Mr. David M. Kelly (Age 56)
Exec. VP, Chief Financial & Admin. Officer and Corp. Sec.
Comp: $1.53M

Ms. Kye L. Mitchell (Age 52)
Exec. VP & COO
Comp: $1.52M

Mr. Andrew G. Thomas (Age 55)
Chief Marketing Officer
Comp: $1.09M

Mr. Jeffrey B. Hackman (Age 43)
Sr. VP of Fin. & Accounting

Mr. Denis Edwards
Chief Information Officer

Ms. Jennifer Smayda
Gen. Counsel

Mr. Michael R. Blackman (Age 67)
Chief Corp. Devel. Officer

Mr. David J. Bair
Region Pres of West

Mr. John Megally
Region Pres of East

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

KFRC Stock - Frequently Asked Questions

Should I buy or sell Kforce stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kforce in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" KFRC shares.
View KFRC analyst ratings or view top-rated stocks.
What is Kforce's stock price forecast for 2022?: 2 Wall Street analysts have issued twelve-month price targets for Kforce's shares. Their KFRC share price forecasts range from $65.00 to $70.00. On average, they predict the company's share price to reach $67.50 in the next year. This suggests a possible upside of 15.1% from the stock's current price.
View analysts price targets for KFRC or view top-rated stocks among Wall Street analysts.
How have KFRC shares performed in 2022?: Kforce's stock was trading at $75.22 on January 1st, 2022. Since then, KFRC stock has decreased by 22.0% and is now trading at $58.65.
View the best growth stocks for 2022 here.
When is Kforce's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our KFRC earnings forecast.
How were Kforce's earnings last quarter?: Kforce Inc. (NASDAQ:KFRC) announced its quarterly earnings data on Monday, August, 1st. The business services provider reported $1.30 earnings per share for the quarter, topping analysts' consensus estimates of $1.18 by $0.12. The business services provider earned $436.50 million during the quarter, compared to analyst estimates of $440.44 million. Kforce had a net margin of 5.21% and a trailing twelve-month return on equity of 44.12%. The firm's quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.00 EPS.
How often does Kforce pay dividends? What is the dividend yield for Kforce?: Kforce announced a quarterly dividend on Monday, August 1st. Shareholders of record on Friday, September 16th will be given a dividend of $0.30 per share on Friday, September 30th. This represents a $1.20 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Thursday, September 15th.
Read our dividend analysis for KFRC.
Is Kforce a good dividend stock?: Kforce (NASDAQ:KFRC) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.02%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KFRC will have a dividend payout ratio of 32.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KFRC.
What guidance has Kforce issued on next quarter's earnings?: Kforce issued an update on its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of $1.03-$1.11 for the period, compared to the consensus EPS estimate of $1.15. The company issued revenue guidance of $430.00 million-$438.00 million, compared to the consensus revenue estimate of $444.88 million.

What is David L. Dunkel's approval rating as Kforce's CEO?: 680 employees have rated Kforce Chief Executive Officer David L. Dunkel on Glassdoor.com. David L. Dunkel has an approval rating of 88% among the company's employees.
What other stocks do shareholders of Kforce own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Kforce investors own include Extra Space Storage (EXR), Hanesbrands (HBI), Brinker International (EAT), DHT (DHT), International Paper (IP), Novavax (NVAX), Domtar (UFS), Bristol-Myers Squibb (BMY), Eastman Chemical (EMN) and Iron Mountain (IRM).
What is Kforce's stock symbol?: Kforce trades on the NASDAQ under the ticker symbol "KFRC."
How do I buy shares of Kforce?: Shares of KFRC 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.
What is Kforce's stock price today?: One share of KFRC stock can currently be purchased for approximately $58.65.
How much money does Kforce make?: Kforce (NASDAQ:KFRC) has a market capitalization of $1.24 billion and generates $1.58 billion in revenue each year. The business services provider earns $75.18 million in net income (profit) each year or $4.17 on an earnings per share basis.
How many employees does Kforce have?: The company employs 2,000 workers across the globe.
Does Kforce have any subsidiaries?: The following companies are subsidiares of Kforce: Bradson Corp, Hall Kinion & Associates, KFAH II LLC, KFAH LLC, KGS Training Technologies Inc., Kforce Flexible Solutions LLC, Kforce Global Solutions Inc., Kforce Services Corporation, Kforce Staffing Solutions of California LLC, Kforce.com Inc., Pinkerton Computer Consultants, RDI Systems, Romac International Inc., and VistaRMS.
Read More
How can I contact Kforce?: Kforce's mailing address is 1001 EAST PALM AVENUE, TAMPA FL, 33605. The official website for the company is www.kforce.com. The business services provider can be reached via phone at (813) 552-5000, via email at mblackman@kforce.com, or via fax at 813-254-9640.

This page (NASDAQ:KFRC) was last updated on 9/30/2022 by MarketBeat.com Staff

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Kforce - KFRC Stock Forecast, Price & News

Kforce MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month