Noble Financial Weighs in on Kelly Services Q2 Earnings

Kelly Services, Inc. (NASDAQ:KELYA) – Equities research analysts at Noble Financial issued their Q2 2026 earnings per share estimates for Kelly Services in a note issued to investors on Tuesday, February 17th. Noble Financial analyst J. Gomes forecasts that the business services provider will earn $0.30 per share for the quarter. The consensus estimate for Kelly Services’ current full-year earnings is $2.45 per share. Noble Financial also issued estimates for Kelly Services’ Q3 2026 earnings at $0.24 EPS, Q4 2026 earnings at $0.71 EPS, FY2026 earnings at $1.36 EPS and FY2027 earnings at $2.07 EPS.

Several other research firms have also weighed in on KELYA. Zacks Research upgraded shares of Kelly Services from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Wall Street Zen cut Kelly Services from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Barrington Research dropped their price objective on Kelly Services from $16.00 to $15.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kelly Services in a research report on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Kelly Services has an average rating of “Hold” and a consensus target price of $15.00.

Kelly Services Stock Performance

NASDAQ KELYA opened at $9.80 on Thursday. The firm has a market capitalization of $346.33 million, a P/E ratio of -1.35, a price-to-earnings-growth ratio of 0.41 and a beta of 0.79. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.10. The firm’s fifty day moving average price is $9.61 and its two-hundred day moving average price is $11.14. Kelly Services has a 1 year low of $7.98 and a 1 year high of $14.94.

Kelly Services (NASDAQ:KELYA) last released its quarterly earnings data on Thursday, February 12th. The business services provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.29). The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.03 billion. Kelly Services had a negative net margin of 5.98% and a positive return on equity of 4.05%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in shares of Kelly Services by 24.3% in the first quarter. AQR Capital Management LLC now owns 373,269 shares of the business services provider’s stock valued at $4,916,000 after acquiring an additional 73,040 shares during the period. Millennium Management LLC raised its stake in Kelly Services by 8.5% in the 1st quarter. Millennium Management LLC now owns 1,188,264 shares of the business services provider’s stock worth $15,649,000 after purchasing an additional 93,026 shares in the last quarter. Empowered Funds LLC boosted its holdings in Kelly Services by 4.2% in the 1st quarter. Empowered Funds LLC now owns 214,829 shares of the business services provider’s stock valued at $2,829,000 after purchasing an additional 8,562 shares during the period. CWM LLC grew its position in shares of Kelly Services by 22.4% during the 2nd quarter. CWM LLC now owns 62,103 shares of the business services provider’s stock worth $727,000 after purchasing an additional 11,366 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd increased its holdings in shares of Kelly Services by 181.4% during the second quarter. Y Intercept Hong Kong Ltd now owns 70,928 shares of the business services provider’s stock worth $831,000 after purchasing an additional 45,722 shares during the period. Institutional investors own 76.34% of the company’s stock.

Kelly Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th will be paid a dividend of $0.075 per share. The ex-dividend date is Wednesday, February 25th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 3.1%. Kelly Services’s dividend payout ratio (DPR) is -4.13%.

About Kelly Services

Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.