NASDAQ:KFRCKforce Stock Price, Forecast & News

$29.95

-0.30 (-0.99 %)

(As of 05/29/2020 10:37 AM ET)

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Today's Range

$29.49

Now: $29.95▼

$30.26

50-Day Range

$26.09

MA: $29.01▼

$32.22

52-Week Range

$20.60

Now: $29.95▼

$42.64

Volume2,683 shs

Average Volume114,552 shs

Market Capitalization$656.50 million

P/E Ratio6.29

Dividend Yield2.48%

Beta1.32

Kforce Inc. provides professional staffing services and solutions in the United States and internationally. It operates through Technology (Tech), Finance and Accounting (FA), and Government Solutions (GS) segments. The Tech segment provides temporary staffing and permanent placement services to its clients primarily in the areas of information technology, such as systems/applications architecture and development, project management, enterprise data management, business intelligence, artificial intelligence, machine learning, network architecture, and security. This segment serves clients in various industries comprising financial services, communications, insurance services, and government sectors. The FA segment offers temporary staffing and permanent placement services to its clients in areas, including general accounting, business analysis, accounts payable, accounts receivable, financial analysis and reporting, taxation, budget preparation and analysis, mortgage and loan processing, cost analysis, professional administration, outsourced functional support, credit and collections, audit services, and systems and controls analysis and documentation. This segment serves clients in various industries, including financial services, healthcare, and government sectors. The GS segment provides staffing services and solutions to the Federal Government as a prime and a subcontractor. It offers integrated business solutions to its clients in areas comprising information technology infrastructure transformation, healthcare informatics, data and knowledge management and analytics, research and development, audit readiness, financial management, and accounting. Kforce Inc. was founded in 1962 and is headquartered in Tampa, Florida.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
Kforce has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $31.75, Kforce has a potential upside of 7.0% from its current price of $29.67.
Amount of Analyst Coverage
Kforce has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
Kforce has received 383 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Kforce has received 435 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Kforce has received 53.18% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Kforce and other stocks. Vote “Outperform” if you believe KFRC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KFRC will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Kforce is a leading dividend payer. It pays a dividend yield of 2.48%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Kforce has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Kforce is 34.04 %. 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 39.60 % next year. This indicates that Kforce will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kforce insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,192,219.00 in company stock.
Percentage Held by Insiders
Only 10.80% of the stock of Kforce is held by insiders.
Percentage Held by Institutions
82.15% of the stock of Kforce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Kforce are expected to grow by 36.49% in the coming year, from $1.48 to $2.02 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kforce is 6.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kforce is 6.23, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 20.67.
Price to Book Value per Share Ratio
Kforce has a P/B Ratio of 4.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.24 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Help supply services

Sub-IndustryHuman Resource & Employment Services

SectorBusiness Services

Current SymbolNASDAQ:KFRC

Previous Symbol

CUSIP49373210

CIK930420

Webwww.kforce.com

Phone813-552-5000

Debt

Debt-to-Equity Ratio0.65

Current Ratio2.95

Quick Ratio2.95

Price-To-Earnings

Trailing P/E Ratio6.29

Forward P/E Ratio20.24

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.35 billion

Price / Sales0.49

Cash Flow$2.56 per share

Price / Cash Flow11.72

Book Value$7.00 per share

Price / Book4.28

Profitability

EPS (Most Recent Fiscal Year)$2.35

Net Income$130.86 million

Net Margins8.34%

Return on Equity30.80%

Return on Assets13.73%

Miscellaneous

Employees2,300

Outstanding Shares21,920,000

Market Cap$656.50 million

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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Kforce (NASDAQ:KFRC) Frequently Asked Questions

How has Kforce's stock been impacted by COVID-19 (Coronavirus)?

Kforce's stock was trading at $29.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KFRC stock has increased by 1.6% and is now trading at $29.67. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Kforce?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kforce in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Kforce.

When is Kforce's next earnings date?

Kforce is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Kforce.

How were Kforce's earnings last quarter?

Kforce Inc. (NASDAQ:KFRC) issued its quarterly earnings data on Wednesday, May, 6th. The business services provider reported $0.42 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.42. The business services provider had revenue of $335.21 million for the quarter, compared to analyst estimates of $335 million. Kforce had a return on equity of 30.80% and a net margin of 8.34%. View Kforce's earnings history.

How often does Kforce pay dividends? What is the dividend yield for Kforce?

Kforce announced a quarterly dividend on Wednesday, May 6th. Shareholders of record on Friday, June 5th will be paid a dividend of $0.20 per share on Friday, June 19th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Thursday, June 4th. View Kforce's dividend history.

What guidance has Kforce issued on next quarter's earnings?

Kforce updated its first quarter 2020 Pre-Market earnings guidance on Monday, April, 20th. The company provided earnings per share (EPS) guidance of 0.42-0.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.36. The company issued revenue guidance of $335-335 million, compared to the consensus revenue estimate of $320.36 million.

What price target have analysts set for KFRC?

6 brokers have issued 12 month price targets for Kforce's shares. Their forecasts range from $30.00 to $33.00. On average, they expect Kforce's share price to reach $31.75 in the next year. This suggests a possible upside of 7.0% from the stock's current price. View analysts' price targets for Kforce.

Has Kforce been receiving favorable news coverage?

News stories about KFRC stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kforce earned a news impact score of -4.8 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutKforce.

Are investors shorting Kforce?

Kforce saw a decrease in short interest in May. As of May 15th, there was short interest totaling 284,500 shares, a decrease of 16.7% from the April 30th total of 341,600 shares. Based on an average trading volume of 169,400 shares, the short-interest ratio is presently 1.7 days. Currently, 1.4% of the company's shares are sold short. View Kforce's Current Options Chain.

Who are some of Kforce's key competitors?

Some companies that are related to Kforce include Tradeweb Markets (TW), Robert Half International (RHI), ManpowerGroup (MAN), ASGN (ASGN), Wageworks (WAGE), Insperity (NSP), Korn Ferry (KFY), Kelly Services (KELYA), Trueblue (TBI), Heidrick & Struggles International (HSII), Barrett Business Services (BBSI), GP Strategies (GPX) and Hudson Global (HSON). View all competitors.

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), UnitedHealth Group (UNH), DHT (DHT), Eastman Chemical (EMN), International Paper (IP), Kohl's (KSS), Altria Group (MO) and NVIDIA (NVDA).

Who are Kforce's key executives?

Kforce's management team includes the following people:

Mr. David L. Dunkel, Chairman & CEO (Age 65)
Mr. Howard W. Sutter, Vice Chairman & Sr. VP of Leader Devel. (Age 70)
Mr. Joseph J. Liberatore, Pres (Age 56)
Mr. David M. Kelly, Sr. VP, CFO & Corp. Sec. (Age 53)
Ms. Kyle L. Mitchell, Chief Operations Officer (Age 49)

What is Kforce's stock symbol?

Kforce trades on the NASDAQ under the ticker symbol "KFRC."

Who are Kforce's major shareholders?

Kforce's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.63%), Acadian Asset Management LLC (2.43%), State Street Corp (2.26%), Tributary Capital Management LLC (2.11%), AQR Capital Management LLC (2.16%) and Nuveen Asset Management LLC (1.87%). Company insiders that own Kforce stock include Andrew G Thomas, David L Dunkel, David M Kelly, Gordon Tunstall, Howard W Sutter, Jeffrey B Hackman, John Allred, Joseph J Liberatore, Kye L Mitchell, Mark F Furlong, Michael R Blackman, N John Simmons, Ralph Struzziero and Richard M Cocchiaro. View institutional ownership trends for Kforce.

Which major investors are selling Kforce stock?

KFRC stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., BlackRock Inc., AQR Capital Management LLC, Hancock Whitney Corp, Morgan Stanley, and GSA Capital Partners LLP. Company insiders that have sold Kforce company stock in the last year include David L Dunkel, David M Kelly, Joseph J Liberatore, Kye L Mitchell, Mark F Furlong, Michael R Blackman, N John Simmons, and Richard M Cocchiaro. View insider buying and selling activity for Kforce.

Which major investors are buying Kforce stock?

KFRC stock was acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Matarin Capital Management LLC, Nuveen Asset Management LLC, Euclidean Technologies Management LLC, Acadian Asset Management LLC, Aurora Investment Counsel, Cornercap Investment Counsel Inc., and Dupont Capital Management Corp. View insider buying and selling activity for Kforce.

How do I buy shares of Kforce?

Shares of KFRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Kforce's stock price today?

One share of KFRC stock can currently be purchased for approximately $29.67.

How big of a company is Kforce?

Kforce has a market capitalization of $650.37 million and generates $1.35 billion in revenue each year. The business services provider earns $130.86 million in net income (profit) each year or $2.35 on an earnings per share basis. Kforce employs 2,300 workers across the globe.

What is Kforce's official website?

The official website for Kforce is www.kforce.com.

How can I contact Kforce?

Kforce's mailing address is 1001 EAST PALM AVENUE, TAMPA FL, 33605. The business services provider can be reached via phone at 813-552-5000 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff