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 report issued on Monday morning,Zacks.com reports.

A number of other equities research analysts have also recently commented on the company. Truist Financial lowered their target price on Kforce from $50.00 to $46.00 and set a “hold” rating on the stock in a report on Tuesday, July 29th. UBS Group reduced their price objective on Kforce from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 30th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $52.33.

Kforce Stock Performance

NASDAQ:KFRC opened at $30.22 on Monday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $561.97 million, a P/E ratio of 11.27 and a beta of 0.68. The firm has a 50-day moving average price of $32.75 and a two-hundred day moving average price of $39.53. Kforce has a twelve month low of $29.33 and a twelve month high of $62.80.

Kforce (NASDAQ:KFRC) last announced its quarterly earnings results on Monday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). The business had revenue of $334.32 million during the quarter, compared to analysts’ expectations of $333.78 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The firm’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same period last year, the company earned $0.75 EPS. Kforce has set its Q3 2025 guidance at 0.530-0.61 EPS. As a group, research analysts expect that Kforce will post 2.7 earnings per share for the current fiscal year.

Kforce Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 12th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Friday, September 12th. Kforce’s dividend payout ratio (DPR) is presently 65.27%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of KFRC. Signaturefd LLC boosted its position in shares of Kforce by 1,069.1% in the first quarter. Signaturefd LLC now owns 795 shares of the business services provider’s stock worth $39,000 after acquiring an additional 727 shares during the last quarter. Quarry LP purchased a new position in Kforce during the first quarter worth approximately $42,000. Meeder Asset Management Inc. raised its stake in Kforce by 336.1% during the first quarter. Meeder Asset Management Inc. now owns 955 shares of the business services provider’s stock worth $47,000 after purchasing an additional 736 shares during the period. Parkside Financial Bank & Trust boosted its holdings in shares of Kforce by 3,756.3% in the 2nd 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. Finally, Tower Research Capital LLC TRC grew its stake in shares of Kforce by 273.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,865 shares of the business services provider’s stock valued at $77,000 after buying an additional 1,365 shares during the period. 92.77% of the stock is currently owned by hedge funds and other 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.