Kforce (NASDAQ:KFRC) Reaches New 12-Month High – Should You Buy?

Kforce Inc. (NASDAQ:KFRC)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $56.36 and last traded at $55.5350, with a volume of 24672 shares. The stock had previously closed at $54.63.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on KFRC shares. Zacks Research downgraded shares of Kforce from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Robert W. Baird lifted their price objective on shares of Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Finally, William Blair upgraded shares of Kforce from a “market perform” rating to an “outperform” rating in a report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $39.67.

Kforce Price Performance

The company has a market cap of $991.74 million, a price-to-earnings ratio of 20.85 and a beta of 0.87. 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 business has a 50-day moving average price of $46.10 and a 200 day moving average price of $36.24.

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

Kforce Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were given a $0.40 dividend. The ex-dividend date was Friday, June 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.9%. Kforce’s dividend payout ratio (DPR) is 80.81%.

Institutional Trading of Kforce

Institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC boosted its holdings in shares of Kforce by 9.7% in the first quarter. AQR Capital Management LLC now owns 22,785 shares of the business services provider’s stock worth $1,114,000 after buying an additional 2,017 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Kforce by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,841 shares of the business services provider’s stock worth $530,000 after acquiring an additional 474 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Kforce by 3.5% during the first quarter. Millennium Management LLC now owns 133,829 shares of the business services provider’s stock valued at $6,543,000 after acquiring an additional 4,511 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Kforce by 64.9% during the first quarter. Goldman Sachs Group Inc. now owns 251,712 shares of the business services provider’s stock valued at $12,306,000 after acquiring an additional 99,050 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Kforce by 5.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 39,416 shares of the business services provider’s stock valued at $1,927,000 after acquiring an additional 2,159 shares in the last quarter. Institutional investors and hedge funds 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.