Sidoti Csr Decreases Earnings Estimates for Kelly Services

Kelly Services, Inc. (NASDAQ:KELYAFree Report) – Research analysts at Sidoti Csr cut their Q1 2025 earnings per share (EPS) estimates for Kelly Services in a report released on Friday, February 14th. Sidoti Csr analyst M. Riddick now expects that the business services provider will post earnings of $0.50 per share for the quarter, down from their prior estimate of $0.57. The consensus estimate for Kelly Services’ current full-year earnings is $1.93 per share. Sidoti Csr also issued estimates for Kelly Services’ Q2 2025 earnings at $0.55 EPS, Q3 2025 earnings at $0.43 EPS, Q4 2025 earnings at $0.90 EPS, FY2025 earnings at $2.38 EPS, Q1 2026 earnings at $0.68 EPS, Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.48 EPS, Q4 2026 earnings at $0.97 EPS and FY2026 earnings at $2.85 EPS.

Kelly Services (NASDAQ:KELYAGet Free Report) last posted its earnings results on Thursday, February 13th. The business services provider reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.38. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. Kelly Services had a return on equity of 6.93% and a net margin of 0.97%.

Separately, Barrington Research reiterated an “outperform” rating and issued a $25.00 price target on shares of Kelly Services in a report on Tuesday.

Read Our Latest Stock Report on Kelly Services

Kelly Services Trading Down 4.7 %

Kelly Services stock opened at $13.47 on Monday. The stock has a 50-day moving average price of $13.80 and a 200 day moving average price of $17.27. Kelly Services has a 52 week low of $12.68 and a 52 week high of $25.27. The stock has a market cap of $479.63 million, a PE ratio of 11.71, a P/E/G ratio of 0.40 and a beta of 1.11. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.18.

Institutional Trading of Kelly Services

Large investors have recently bought and sold shares of the company. Barclays PLC lifted its position in shares of Kelly Services by 238.0% during the third quarter. Barclays PLC now owns 63,638 shares of the business services provider’s stock worth $1,362,000 after purchasing an additional 44,811 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Kelly Services by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 781,661 shares of the business services provider’s stock worth $16,739,000 after buying an additional 9,635 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in Kelly Services by 1,730.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 234,057 shares of the business services provider’s stock valued at $5,011,000 after buying an additional 221,271 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new stake in Kelly Services in the third quarter valued at $2,122,000. Finally, Franklin Resources Inc. raised its stake in shares of Kelly Services by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 22,362 shares of the business services provider’s stock valued at $456,000 after purchasing an additional 1,905 shares in the last quarter. Institutional investors and hedge funds own 76.34% of the company’s stock.

Kelly Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th will be given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.23%. The ex-dividend date is Wednesday, February 26th. Kelly Services’s payout ratio is -500.00%.

About Kelly Services

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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.

See Also

Earnings History and Estimates for Kelly Services (NASDAQ:KELYA)

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