Kforce (NASDAQ:KFRC) Shares Up 5.5% – Should You Buy?

Kforce Inc. (NASDAQ:KFRC) rose 5.5% on Thursday . The company traded as high as $59.37 and last traded at $58.5590. 38,811 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 248,677 shares. The stock had previously closed at $55.49.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on KFRC. Robert W. Baird upped their target price 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. William Blair raised Kforce from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. Finally, Zacks Research downgraded Kforce from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Kforce currently has an average rating of “Hold” and a consensus target price of $39.67.

Kforce Trading Up 6.0%

The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16. The company has a fifty day simple moving average of $46.82 and a two-hundred day simple moving average of $36.76. The stock has a market capitalization of $1.05 billion, a P/E ratio of 21.95 and a beta of 0.87.

Kforce (NASDAQ:KFRC) last posted its earnings results on Monday, April 27th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.06. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The business had revenue of $330.36 million during the quarter, compared to analysts’ expectations of $329.32 million. During the same period in the prior year, the business earned $0.45 EPS. Kforce’s revenue for the quarter was up .1% compared to the same quarter last year. 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a $0.40 dividend. The ex-dividend date was Friday, June 12th. This represents a $1.60 annualized dividend and a yield of 2.7%. Kforce’s payout ratio is presently 80.81%.

Hedge Funds Weigh In On Kforce

Several hedge funds have recently made changes to their positions in KFRC. Charles Schwab Investment Management Inc. raised its holdings in shares of Kforce by 4.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 893,564 shares of the business services provider’s stock valued at $27,629,000 after purchasing an additional 41,740 shares during the last quarter. Copeland Capital Management LLC boosted its holdings in Kforce by 51.5% during the first quarter. Copeland Capital Management LLC now owns 666,331 shares of the business services provider’s stock worth $19,484,000 after purchasing an additional 226,520 shares during the last quarter. Deprince Race & Zollo Inc. grew its position in Kforce by 30.7% in the fourth quarter. Deprince Race & Zollo Inc. now owns 499,733 shares of the business services provider’s stock valued at $15,452,000 after purchasing an additional 117,290 shares in the last quarter. AQR Capital Management LLC grew its position in Kforce by 81.3% in the fourth quarter. AQR Capital Management LLC now owns 442,523 shares of the business services provider’s stock valued at $13,683,000 after purchasing an additional 198,447 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its stake in Kforce by 144.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 411,706 shares of the business services provider’s stock valued at $12,343,000 after buying an additional 243,303 shares during the last quarter. 92.77% of the stock is owned by institutional investors.

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.