Kelly Services (NASDAQ:KELYA) Stock Rating Upgraded by Wall Street Zen

Kelly Services (NASDAQ:KELYA) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued on Sunday.

Separately, Barrington Research reiterated an “outperform” rating and set a $25.00 price target on shares of Kelly Services in a research note on Friday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $25.00.

Kelly Services Price Performance

Shares of NASDAQ:KELYA opened at $13.64 on Friday. The company’s fifty day moving average price is $13.37 and its 200 day moving average price is $12.58. Kelly Services has a 12 month low of $10.80 and a 12 month high of $22.44. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.52 and a quick ratio of 1.52. The firm has a market capitalization of $480.81 million, a P/E ratio of -68.20, a P/E/G ratio of 0.49 and a beta of 0.89.

Kelly Services (NASDAQ:KELYA) last announced its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.54 EPS for the quarter, hitting the consensus estimate of $0.54. Kelly Services had a negative net margin of 0.14% and a positive return on equity of 5.65%. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.12 billion. Kelly Services has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Kelly Services will post 2.45 earnings per share for the current fiscal year.

Insider Transactions at Kelly Services

In other Kelly Services news, SVP Daniel H. Malan sold 10,000 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $14.24, for a total transaction of $142,400.00. Following the transaction, the senior vice president directly owned 95,281 shares of the company’s stock, valued at approximately $1,356,801.44. This trade represents a 9.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 48.09% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of KELYA. Price T Rowe Associates Inc. MD grew its position in Kelly Services by 22.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,383 shares of the business services provider’s stock worth $173,000 after purchasing an additional 2,298 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Kelly Services by 604.7% in the 4th quarter. BNP Paribas Financial Markets now owns 55,553 shares of the business services provider’s stock worth $774,000 after acquiring an additional 47,670 shares during the period. Bank of America Corp DE lifted its stake in shares of Kelly Services by 123.7% in the 4th quarter. Bank of America Corp DE now owns 146,462 shares of the business services provider’s stock worth $2,042,000 after acquiring an additional 80,995 shares during the period. Cetera Investment Advisers acquired a new stake in shares of Kelly Services in the 4th quarter worth $158,000. Finally, D. E. Shaw & Co. Inc. lifted its stake in shares of Kelly Services by 567.8% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 350,849 shares of the business services provider’s stock worth $4,891,000 after acquiring an additional 298,310 shares during the period. 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.