Kforce (NASDAQ:KFRC) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Kforce (NASDAQ:KFRC) issued its quarterly earnings results on Monday. The business services provider reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.03, Briefing.com reports. Kforce had a net margin of 3.59% and a return on equity of 30.34%. During the same quarter last year, the firm earned $0.59 EPS. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. Kforce updated its Q3 2026 guidance to 0.710-0.790 EPS.

Kforce Trading Up 5.5%

NASDAQ KFRC traded up $3.03 during trading hours on Monday, hitting $58.15. 483,125 shares of the company’s stock were exchanged, compared to its average volume of 253,115. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 21.70 and a beta of 0.87. The stock has a 50-day simple moving average of $49.08 and a 200 day simple moving average of $38.04. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16. Kforce has a 1-year low of $24.49 and a 1-year high of $60.70.

Hedge Funds Weigh In On Kforce

A number of institutional investors and hedge funds have recently modified their holdings of KFRC. Parallel Advisors LLC grew its position in shares of Kforce by 427.2% during the 4th 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. Kestra Advisory Services LLC bought a new stake in shares of Kforce in the 4th quarter valued at $31,000. Tower Research Capital LLC TRC lifted its position in shares of Kforce by 273.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,865 shares of the business services provider’s stock valued at $77,000 after acquiring an additional 1,365 shares during the period. CANADA LIFE ASSURANCE Co lifted its position in shares of Kforce by 117.6% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 3,771 shares of the business services provider’s stock valued at $117,000 after acquiring an additional 2,038 shares during the period. Finally, Quantbot Technologies LP lifted its position in shares of Kforce by 4,933.3% during the 2nd quarter. Quantbot Technologies LP now owns 4,228 shares of the business services provider’s stock valued at $174,000 after acquiring an additional 4,144 shares during the period. 92.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

KFRC has been the subject of several analyst reports. William Blair raised Kforce from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Zacks Research lowered Kforce from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Truist Financial increased their price target on Kforce from $38.00 to $60.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. UBS Group restated a “neutral” rating on shares of Kforce in a research report on Thursday. Finally, Robert W. Baird lifted their price objective on Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $47.00.

Kforce Company Profile

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.