Kforce (NASDAQ:KFRC) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Shares of Kforce Inc. (NASDAQ:KFRC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $31.89 and traded as high as $42.77. Kforce shares last traded at $41.4990, with a volume of 156,886 shares changing hands.

Analyst Ratings Changes

KFRC has been the subject of several recent research reports. William Blair raised shares of Kforce from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. UBS Group lifted their price objective on shares of Kforce from $34.50 to $39.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Truist Financial lifted their price objective on shares of Kforce from $35.00 to $38.00 and gave the stock a “hold” rating in a research report on Tuesday, January 27th. Robert W. Baird lifted their price objective on shares of Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. Finally, Zacks Research raised shares of Kforce from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Kforce has an average rating of “Moderate Buy” and a consensus price target of $39.67.

Kforce Trading Down 0.1%

The firm has a market capitalization of $740.01 million, a PE ratio of 15.48 and a beta of 0.87. The company’s 50-day moving average price is $33.93 and its 200-day moving average price is $31.89. 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 (NASDAQ:KFRC) last announced its quarterly earnings results on Monday, April 27th. The business services provider reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. The firm had revenue of $330.36 million during the quarter, compared to analysts’ expectations of $329.32 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. Kforce’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.45 earnings per share. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. On average, sell-side analysts expect that Kforce Inc. will post 2.7 earnings per share for the current year.

Kforce Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, June 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.9%. Kforce’s payout ratio is 80.81%.

Institutional Trading of Kforce

Hedge funds and other institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC increased its position in shares of Kforce by 427.2% during the fourth quarter. Parallel Advisors LLC now owns 854 shares of the business services provider’s stock worth $26,000 after purchasing an additional 692 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Kforce by 117.7% during the third quarter. EverSource Wealth Advisors LLC now owns 910 shares of the business services provider’s stock worth $27,000 after purchasing an additional 492 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Kforce during the third quarter worth about $29,000. Kestra Advisory Services LLC acquired a new stake in shares of Kforce during the fourth quarter worth about $31,000. Finally, Allworth Financial LP increased its position in shares of Kforce by 212.3% during the fourth quarter. Allworth Financial LP now owns 1,240 shares of the business services provider’s stock worth $38,000 after purchasing an additional 843 shares in the last quarter. Institutional investors and hedge funds own 92.77% of the company’s stock.

About Kforce

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.