Kforce (NASDAQ:KFRC) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Kforce Inc. (NASDAQ:KFRCGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $29.92 and traded as high as $29.96. Kforce shares last traded at $29.7090, with a volume of 155,078 shares trading hands.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. UBS Group upped their target price on shares of Kforce from $34.50 to $39.00 and gave the company a “neutral” rating in a research note on Tuesday, February 3rd. Zacks Research cut shares of Kforce from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Finally, Truist Financial upped their target price on shares of Kforce from $35.00 to $38.00 and gave the company a “hold” rating in a research note on Tuesday, January 27th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $38.50.

Read Our Latest Analysis on Kforce

Kforce Price Performance

The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. The stock has a market capitalization of $541.54 million, a P/E ratio of 11.09 and a beta of 0.49. The company’s 50 day simple moving average is $29.25 and its two-hundred day simple moving average is $29.92.

Kforce (NASDAQ:KFRCGet Free Report) last issued its quarterly earnings data on Monday, February 2nd. The business services provider reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04). The firm had revenue of $332.02 million for the quarter, compared to the consensus estimate of $328.79 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%.Kforce’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 earnings per share. Kforce has set its Q1 2026 guidance at 0.370-0.450 EPS. As a group, equities analysts expect that Kforce Inc. will post 2.7 EPS for the current fiscal year.

Kforce Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were paid a dividend of $0.40 per share. This is a positive change from Kforce’s previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Friday, March 6th. Kforce’s payout ratio is currently 81.22%.

Institutional Trading of Kforce

Several large investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC grew its stake in Kforce by 134.2% during the fourth quarter. Hsbc Holdings PLC now owns 38,552 shares of the business services provider’s stock worth $1,201,000 after buying an additional 22,093 shares during the last quarter. Invesco Ltd. lifted its position in shares of Kforce by 20.1% during the fourth quarter. Invesco Ltd. now owns 39,381 shares of the business services provider’s stock worth $1,218,000 after purchasing an additional 6,596 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in shares of Kforce by 97.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,650 shares of the business services provider’s stock worth $422,000 after purchasing an additional 6,724 shares in the last quarter. Vident Advisory LLC lifted its position in shares of Kforce by 2.8% during the fourth quarter. Vident Advisory LLC now owns 19,724 shares of the business services provider’s stock worth $610,000 after purchasing an additional 544 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in shares of Kforce during the fourth quarter worth approximately $269,000. 92.77% of the stock is owned by institutional investors.

Kforce Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Kforce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kforce and related companies with MarketBeat.com's FREE daily email newsletter.