Noble Financial Expects Weaker Earnings for Kelly Services

Kelly Services, Inc. (NASDAQ:KELYA) – Research analysts at Noble Financial cut their Q1 2025 earnings per share (EPS) estimates for shares of Kelly Services in a research report issued on Friday, February 14th. Noble Financial analyst J. Gomes now forecasts that the business services provider will post earnings of $0.60 per share for the quarter, down from their previous forecast of $0.76. The consensus estimate for Kelly Services’ current full-year earnings is $1.93 per share. Noble Financial also issued estimates for Kelly Services’ Q3 2025 earnings at $0.58 EPS and Q4 2025 earnings at $0.76 EPS.

Separately, Barrington Research reaffirmed an “outperform” rating and set a $25.00 price objective on shares of Kelly Services in a research report on Wednesday, February 12th.

Kelly Services Price Performance

Shares of NASDAQ KELYA opened at $14.14 on Monday. The company has a fifty day moving average price of $13.81 and a 200 day moving average price of $17.32. The firm has a market cap of $503.53 million, a PE ratio of 12.30, a PEG ratio of 0.40 and a beta of 1.11. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.18. Kelly Services has a 1-year low of $12.68 and a 1-year high of $25.27.

Kelly Services (NASDAQ:KELYA) last released its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.38. Kelly Services had a net margin of 0.97% and a return on equity of 6.93%. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.15 billion.

Hedge Funds Weigh In On Kelly Services

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC boosted its position in Kelly Services by 2,489.0% during the fourth quarter. Jane Street Group LLC now owns 603,057 shares of the business services provider’s stock worth $8,407,000 after purchasing an additional 579,764 shares during the period. Raffles Associates LP bought a new stake in shares of Kelly Services during the 4th quarter worth about $931,000. Aquatic Capital Management LLC acquired a new position in Kelly Services in the 4th quarter valued at about $315,000. Oxford Asset Management LLP bought a new position in Kelly Services in the 4th quarter valued at about $247,000. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in Kelly Services during the fourth quarter worth approximately $880,000. Institutional investors own 76.34% of the company’s stock.

Insider Transactions at Kelly Services

In other news, SVP Daniel H. Malan bought 3,500 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were bought at an average cost of $13.88 per share, with a total value of $48,580.00. Following the acquisition, the senior vice president now owns 95,906 shares in the company, valued at $1,331,175.28. This trade represents a 3.79 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.90% of the company’s stock.

Kelly Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $0.30 annualized dividend and a yield of 2.12%. Kelly Services’s payout ratio is presently 26.09%.

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.