Kelly Services (NASDAQ:KELYA) Receives “Outperform” Rating from Barrington Research

Barrington Research reissued their outperform rating on shares of Kelly Services (NASDAQ:KELYA) in a research note published on Tuesday morning,Benzinga reports. They currently have a $25.00 price objective on the business services provider’s stock.

Other equities analysts have also issued reports about the company. Wall Street Zen upgraded Kelly Services from a “buy” rating to a “strong-buy” rating in a research note on Sunday, September 14th. UBS Group restated an “outperform” rating on shares of Kelly Services in a report on Friday, September 12th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $25.00.

Kelly Services Stock Down 0.5%

Shares of NASDAQ KELYA opened at $12.87 on Tuesday. Kelly Services has a 1 year low of $10.80 and a 1 year high of $22.44. The firm’s 50 day moving average price is $13.59 and its 200 day moving average price is $12.61. The firm has a market cap of $453.67 million, a P/E ratio of -64.35, a price-to-earnings-growth ratio of 0.46 and a beta of 0.89. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.52 and a current ratio of 1.52.

Kelly Services (NASDAQ:KELYA) last issued its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.54 earnings per share for the quarter, meeting the consensus estimate of $0.54. Kelly Services had a positive return on equity of 5.65% and a negative net margin of 0.14%.The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. Kelly Services has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Kelly Services will post 2.45 earnings per share for the current year.

Kelly Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Wednesday, August 20th were issued a $0.075 dividend. The ex-dividend date was Wednesday, August 20th. This represents a $0.30 annualized dividend and a yield of 2.3%. Kelly Services’s dividend payout ratio (DPR) is presently -150.00%.

Insider Buying and Selling

In other Kelly Services news, SVP Daniel H. Malan sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $14.24, for a total transaction of $142,400.00. Following the completion of the sale, the senior vice president directly owned 95,281 shares in the company, valued at $1,356,801.44. The trade was a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Nicola M. Soares sold 27,412 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $13.43, for a total transaction of $368,143.16. Following the completion of the sale, the senior vice president directly owned 40,134 shares of the company’s stock, valued at $538,999.62. The trade was a 40.58% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 52,902 shares of company stock worth $721,526. 48.09% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in KELYA. Squarepoint Ops LLC lifted its stake in shares of Kelly Services by 123.8% during the second quarter. Squarepoint Ops LLC now owns 191,808 shares of the business services provider’s stock worth $2,246,000 after purchasing an additional 106,100 shares in the last quarter. State of Wyoming purchased a new stake in shares of Kelly Services during the 2nd quarter valued at about $116,000. Tower Research Capital LLC TRC raised its holdings in shares of Kelly Services by 83.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,324 shares of the business services provider’s stock valued at $51,000 after buying an additional 1,967 shares during the period. Tidal Investments LLC lifted its position in Kelly Services by 54.0% during the 2nd quarter. Tidal Investments LLC now owns 36,268 shares of the business services provider’s stock worth $425,000 after acquiring an additional 12,710 shares in the last quarter. Finally, Man Group plc boosted its holdings in Kelly Services by 6.6% in the 2nd quarter. Man Group plc now owns 24,780 shares of the business services provider’s stock worth $290,000 after acquiring an additional 1,532 shares during the period. 76.34% of the stock is owned by hedge funds and other institutional investors.

About Kelly Services

Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions.