Kforce (NASDAQ:KFRC) Cut to Hold at Zacks Research

Kforce (NASDAQ:KFRC) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Several other equities analysts have also recently issued reports on the stock. William Blair upgraded shares of Kforce from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Robert W. Baird lifted their price objective on Kforce from $40.00 to $42.00 and gave the company an “outperform” rating in a research report on Tuesday, April 28th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $39.67.

Kforce Stock Performance

Shares of KFRC stock opened at $47.02 on Monday. The firm has a market capitalization of $838.37 million, a price-to-earnings ratio of 17.54 and a beta of 0.87. The stock has a fifty day moving average of $43.47 and a 200 day moving average of $35.04. Kforce has a 52 week low of $24.49 and a 52 week high of $50.70. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16.

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

Hedge Funds Weigh In On Kforce

Hedge funds have recently bought and sold shares of the company. Jacobs Levy Equity Management Inc. boosted its stake in Kforce by 144.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 411,706 shares of the business services provider’s stock valued at $12,343,000 after purchasing an additional 243,303 shares during the last quarter. Copeland Capital Management LLC boosted its holdings in shares of Kforce by 51.5% during the 1st quarter. Copeland Capital Management LLC now owns 666,331 shares of the business services provider’s stock valued at $19,484,000 after acquiring an additional 226,520 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Kforce by 258.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 285,019 shares of the business services provider’s stock valued at $8,545,000 after acquiring an additional 205,457 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Kforce by 81.3% during the fourth quarter. AQR Capital Management LLC now owns 442,523 shares of the business services provider’s stock valued at $13,683,000 after purchasing an additional 198,447 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Kforce by 90.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 310,403 shares of the business services provider’s stock worth $9,598,000 after buying an additional 147,503 shares during the last quarter. 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.