Kforce (NASDAQ:KFRC) Upgraded at Zacks Research

Zacks Research upgraded shares of Kforce (NASDAQ:KFRC) from a strong sell rating to a hold rating in a research note published on Wednesday,Zacks.com reports.

A number of other analysts have also recently issued reports on KFRC. Truist Financial reduced their target price on shares of Kforce from $46.00 to $35.00 and set a “hold” rating for the company in a research note on Monday, October 13th. UBS Group cut their price target on shares of Kforce from $40.00 to $34.50 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Kforce presently has a consensus rating of “Hold” and an average price target of $34.75.

Kforce Stock Performance

Shares of NASDAQ KFRC opened at $29.40 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. Kforce has a one year low of $24.49 and a one year high of $61.84. The business’s 50-day moving average price is $28.95 and its two-hundred day moving average price is $34.82. The company has a market capitalization of $533.35 million, a P/E ratio of 10.97 and a beta of 0.68.

Kforce (NASDAQ:KFRC) last announced its quarterly earnings results on Monday, November 3rd. The business services provider reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.06. The business had revenue of $332.65 million during the quarter, compared to analyst estimates of $328.34 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The firm’s revenue was down 5.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.75 EPS. Kforce has set its Q4 2025 guidance at 0.430-0.510 EPS. Analysts anticipate that Kforce will post 2.7 earnings per share for the current fiscal year.

Kforce Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be given a $0.39 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.3%. Kforce’s dividend payout ratio (DPR) is currently 68.72%.

Institutional Trading of Kforce

Large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its stake in Kforce by 117.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 910 shares of the business services provider’s stock valued at $27,000 after buying an additional 492 shares during the last quarter. State of Alaska Department of Revenue acquired a new position in Kforce during the 3rd quarter worth $29,000. Quarry LP bought a new stake in Kforce during the first quarter valued at about $42,000. GAMMA Investing LLC grew its position in shares of Kforce by 752.7% in the third quarter. GAMMA Investing LLC now owns 1,441 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 1,272 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its position in shares of Kforce by 3,756.3% in the second quarter. Parkside Financial Bank & Trust now owns 1,234 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 1,202 shares during the last quarter. 92.77% of the stock is owned by institutional investors.

Kforce Company Profile

Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.