Shares of Kelly Services, Inc. (NASDAQ:KELYA) have been given an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Zacks has also given Kelly Services an industry rank of 28 out of 265 based on the ratings given to related companies.
Several research firms have issued reports on KELYA. Zacks Investment Research raised shares of Kelly Services from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a research report on Wednesday, February 7th. BidaskClub lowered shares of Kelly Services from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Finally, ValuEngine raised shares of Kelly Services from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 1st.
Shares of Kelly Services (NASDAQ:KELYA) opened at $30.35 on Wednesday. The company has a market cap of $1,166.67, a price-to-earnings ratio of 13.80 and a beta of 1.03. Kelly Services has a 1 year low of $20.27 and a 1 year high of $30.93.
Kelly Services (NASDAQ:KELYA) last announced its quarterly earnings data on Thursday, February 1st. The business services provider reported $0.80 EPS for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.18. Kelly Services had a net margin of 1.33% and a return on equity of 7.92%. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the previous year, the firm posted $0.55 earnings per share. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. equities analysts anticipate that Kelly Services will post 2.35 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 12th. Shareholders of record on Monday, February 26th were issued a $0.075 dividend. The ex-dividend date was Friday, February 23rd. This represents a $0.30 annualized dividend and a dividend yield of 0.99%. Kelly Services’s dividend payout ratio is currently 16.57%.
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About Kelly Services
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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