Kelly Services (KELYA) to Release Earnings on Thursday

Kelly Services (NASDAQ:KELYA) is expected to be issuing its quarterly earnings data before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $1.15 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Kelly Services Stock Up 2.4 %

Shares of Kelly Services stock opened at $13.44 on Tuesday. The firm has a market cap of $478.60 million, a price-to-earnings ratio of 11.69, a PEG ratio of 0.40 and a beta of 1.11. Kelly Services has a one year low of $12.68 and a one year high of $25.27. The stock’s 50-day moving average is $13.85 and its 200 day moving average is $17.60. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.61 and a quick ratio of 1.61.

Insider Transactions at Kelly Services

In other Kelly Services news, SVP Daniel H. Malan acquired 3,500 shares of Kelly Services stock in a transaction on Wednesday, November 20th. The stock was purchased at an average price of $13.88 per share, for a total transaction of $48,580.00. Following the purchase, the senior vice president now directly owns 95,906 shares of the company’s stock, valued at $1,331,175.28. This trade represents a 3.79 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 3.90% of the company’s stock.

Analysts Set New Price Targets

Separately, Barrington Research decreased their price objective on Kelly Services from $29.00 to $25.00 and set an “outperform” rating for the company in a report on Monday, November 18th.

Kelly Services Company Profile

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.