News headlines about Kelly Services (NASDAQ:KELYA) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kelly Services earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.0073044476957 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- Kelly Services, Inc. (KELYA) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- Zacks: Kelly Services, Inc. (KELYA) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- Kelly Services, Inc. : KELYA-US: Dividend Analysis : November 22nd, 2017 (record date) : By the numbers : November 22, 2017 (finance.yahoo.com)
- Kelly Services (KELYA) Names Pete Boland as CMO (streetinsider.com)
- Kelly Services(R) Earns Safety Standard of Excellence(SM) Mark From the American Staffing Association (finance.yahoo.com)
A number of equities research analysts have recently weighed in on KELYA shares. Zacks Investment Research raised Kelly Services from a “hold” rating to a “strong-buy” rating and set a $32.00 target price for the company in a report on Tuesday, November 14th. BidaskClub downgraded Kelly Services from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. Finally, ValuEngine raised Kelly Services from a “hold” rating to a “buy” rating in a research note on Friday, August 11th.
Kelly Services (NASDAQ:KELYA) opened at $29.90 on Monday. The company has a market capitalization of $1,148.91, a PE ratio of 15.33 and a beta of 1.06. Kelly Services has a 52 week low of $19.50 and a 52 week high of $30.93.
Kelly Services (NASDAQ:KELYA) last posted its quarterly earnings results on Wednesday, November 8th. The business services provider reported $0.58 EPS for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.27. Kelly Services had a return on equity of 7.25% and a net margin of 1.44%. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the previous year, the firm earned $0.44 earnings per share. Kelly Services’s revenue for the quarter was up 6.5% compared to the same quarter last year. equities research analysts predict that Kelly Services will post 2.04 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Wednesday, November 22nd will be given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Tuesday, November 21st. Kelly Services’s dividend payout ratio is presently 15.71%.
In other news, Director Leslie A. Murphy sold 7,500 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $28.69, for a total transaction of $215,175.00. Following the sale, the director now directly owns 22,695 shares in the company, valued at $651,119.55. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO George S. Corona sold 3,000 shares of the business’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $28.06, for a total value of $84,180.00. Following the sale, the chief executive officer now owns 193,473 shares in the company, valued at $5,428,852.38. The disclosure for this sale can be found here. Insiders own 16.10% of the company’s stock.
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Kelly Services Company Profile
Kelly Services, Inc is a workforce solutions provider, which is engaged in offering a range of specialty services. The Company provides workforce solutions in three regions: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). The Company’s segments are Americas Commercial, Americas Professional and Technical (Americas PT), EMEA Commercial, EMEA Professional and Technical (EMEA PT), and Outsourcing and Consulting Group (OCG).
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