Kelly Services (NASDAQ:KELYA) Announces Earnings Results

Kelly Services (NASDAQ:KELYA) issued its quarterly earnings results on Thursday. The business services provider reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24), Zacks reports. Kelly Services had a negative net margin of 0.14% and a positive return on equity of 5.65%. The firm had revenue of $935.00 million for the quarter, compared to the consensus estimate of $972.80 million. Kelly Services updated its Q4 2025 guidance to EPS and its Q4 2025 guidance to EPS.

Kelly Services Stock Up 2.9%

Shares of KELYA traded up $0.27 during mid-day trading on Friday, reaching $9.63. The company had a trading volume of 484,046 shares, compared to its average volume of 307,598. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.52 and a current ratio of 1.52. The company has a market capitalization of $339.48 million, a price-to-earnings ratio of -48.15, a price-to-earnings-growth ratio of 0.41 and a beta of 0.86. The firm has a 50-day moving average price of $12.77 and a 200 day moving average price of $12.56. Kelly Services has a 52 week low of $9.17 and a 52 week high of $18.26.

Kelly Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Wednesday, November 19th will be issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Wednesday, November 19th. Kelly Services’s dividend payout ratio (DPR) is presently -6.70%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Weiss Ratings restated a “sell (d)” rating on shares of Kelly Services in a research report on Wednesday, October 8th. UBS Group reissued an “outperform” rating on shares of Kelly Services in a research note on Friday, September 12th. Barrington Research restated an “outperform” rating and set a $25.00 price target on shares of Kelly Services in a report on Tuesday, September 23rd. Finally, Wall Street Zen lowered shares of Kelly Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 25th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $25.00.

Insider Buying and Selling

In related news, SVP Daniel H. Malan sold 10,000 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $14.24, for a total value of $142,400.00. Following the transaction, the senior vice president owned 95,281 shares in the company, valued at $1,356,801.44. The trade was a 9.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Nicola M. Soares sold 27,412 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $13.43, for a total transaction of $368,143.16. Following the sale, the senior vice president directly owned 40,134 shares in the company, valued at $538,999.62. This trade represents a 40.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 52,902 shares of company stock valued at $721,526. 48.09% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Kelly Services

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Kelly Services by 7.9% during the 3rd quarter. Vanguard Group Inc. now owns 2,071,363 shares of the business services provider’s stock valued at $27,176,000 after acquiring an additional 151,655 shares during the period. Millennium Management LLC grew its stake in shares of Kelly Services by 8.5% in the first quarter. Millennium Management LLC now owns 1,188,264 shares of the business services provider’s stock worth $15,649,000 after acquiring an additional 93,026 shares during the period. Qube Research & Technologies Ltd raised its holdings in shares of Kelly Services by 8.4% during the second quarter. Qube Research & Technologies Ltd now owns 517,614 shares of the business services provider’s stock valued at $6,061,000 after purchasing an additional 40,228 shares during the last quarter. AQR Capital Management LLC lifted its position in Kelly Services by 27.1% during the second quarter. AQR Capital Management LLC now owns 474,466 shares of the business services provider’s stock valued at $5,556,000 after purchasing an additional 101,197 shares during the period. Finally, Invesco Ltd. boosted its holdings in Kelly Services by 1.5% in the second quarter. Invesco Ltd. now owns 472,191 shares of the business services provider’s stock worth $5,529,000 after purchasing an additional 6,876 shares during the last quarter. 76.34% of the stock is owned by hedge funds and other institutional investors.

Kelly Services Company Profile

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.