Kforce (NASDAQ:KFRC) Reaches New 1-Year High – Time to Buy?

Kforce Inc. (NASDAQ:KFRC) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $50.90 and last traded at $50.3650, with a volume of 53444 shares changing hands. The stock had previously closed at $46.92.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. William Blair raised Kforce from a “market perform” rating to an “outperform” rating in a report on Tuesday, April 21st. Zacks Research downgraded Kforce from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, Robert W. Baird increased their target price on Kforce from $40.00 to $42.00 and gave the company an “outperform” rating in a research report on Tuesday, April 28th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $39.67.

Kforce Price Performance

The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16. The firm’s 50-day moving average price is $44.22 and its 200-day moving average price is $35.32. The stock has a market capitalization of $909.16 million, a PE ratio of 19.02 and a beta of 0.87.

Kforce (NASDAQ:KFRC) last released its quarterly earnings results on Monday, April 27th. The business services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.40 by $0.06. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The company had revenue of $330.36 million during the quarter, compared to analyst estimates of $329.32 million. During the same quarter last year, the business posted $0.45 earnings per share. The firm’s revenue was up .1% on a year-over-year basis. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. On average, equities analysts forecast that Kforce Inc. will post 2.7 EPS for the current fiscal year.

Kforce Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $1.60 annualized dividend and a dividend yield of 3.1%. Kforce’s payout ratio is currently 80.81%.

Institutional Trading of Kforce

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC boosted its stake in Kforce by 427.2% during the fourth quarter. Parallel Advisors LLC now owns 854 shares of the business services provider’s stock worth $26,000 after buying an additional 692 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Kforce by 117.7% in the third quarter. EverSource Wealth Advisors LLC now owns 910 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 492 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of Kforce in the 4th quarter worth about $31,000. Allworth Financial LP lifted its holdings in shares of Kforce by 212.3% in the 4th quarter. Allworth Financial LP now owns 1,240 shares of the business services provider’s stock worth $38,000 after acquiring an additional 843 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Kforce by 29.6% during the 4th quarter. GAMMA Investing LLC now owns 1,868 shares of the business services provider’s stock worth $58,000 after purchasing an additional 427 shares during the period. Hedge funds and other institutional investors own 92.77% of the company’s stock.

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.