Kforce (NASDAQ:KFRC) Stock Rating Upgraded by Zacks Research

Kforce (NASDAQ:KFRC) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

KFRC has been the topic of a number of other reports. Truist Financial lowered their price objective on Kforce from $46.00 to $35.00 and set a “hold” rating on the stock in a research report on Monday, October 13th. UBS Group decreased their price target on shares of Kforce from $40.00 to $34.50 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $34.75.

Kforce Stock Down 1.0%

Shares of KFRC opened at $29.40 on Wednesday. The company has a 50-day simple moving average of $28.95 and a 200-day simple moving average of $34.82. The firm has a market capitalization of $533.35 million, a P/E ratio of 10.97 and a beta of 0.68. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. Kforce has a 52 week low of $24.49 and a 52 week high of $61.84.

Kforce (NASDAQ:KFRC) last released its earnings results on Monday, November 3rd. The business services provider reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.06. The business had revenue of $332.65 million for the quarter, compared to the consensus estimate of $328.34 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The firm’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period last year, the business earned $0.75 earnings per share. Kforce has set its Q4 2025 guidance at 0.430-0.510 EPS. On average, equities research analysts expect that Kforce will post 2.7 earnings per share for the current year.

Institutional Investors Weigh In On Kforce

Several large investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in Kforce by 117.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 910 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 492 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Kforce during the third quarter worth approximately $29,000. Quarry LP bought a new position in shares of Kforce in the first quarter valued at approximately $42,000. GAMMA Investing LLC raised its stake in shares of Kforce by 752.7% in the third quarter. GAMMA Investing LLC now owns 1,441 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 1,272 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of Kforce by 3,756.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,234 shares of the business services provider’s stock worth $51,000 after acquiring an additional 1,202 shares in the last quarter. Institutional investors own 92.77% of the company’s stock.

Kforce Company Profile

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.