Q1 EPS Estimates for Kelly Services Boosted by Sidoti Csr

Kelly Services, Inc. (NASDAQ:KELYA) – Research analysts at Sidoti Csr upped their Q1 2025 earnings per share (EPS) estimates for Kelly Services in a research report issued on Friday, November 8th. Sidoti Csr analyst M. Riddick now forecasts that the business services provider will post earnings per share of $0.57 for the quarter, up from their previous forecast of $0.56. The consensus estimate for Kelly Services’ current full-year earnings is $2.49 per share. Sidoti Csr also issued estimates for Kelly Services’ Q2 2025 earnings at $0.61 EPS, FY2025 earnings at $2.41 EPS, Q1 2026 earnings at $0.64 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.44 EPS and FY2026 earnings at $2.67 EPS.

KELYA has been the topic of several other reports. Barrington Research reaffirmed an “outperform” rating and set a $29.00 price objective on shares of Kelly Services in a research report on Friday, September 27th. StockNews.com cut Kelly Services from a “buy” rating to a “hold” rating in a research report on Friday, August 9th.

Kelly Services Stock Performance

Kelly Services stock opened at $16.23 on Monday. The stock’s 50 day simple moving average is $20.36 and its two-hundred day simple moving average is $21.28. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a market cap of $577.27 million, a price-to-earnings ratio of 14.11, a PEG ratio of 0.51 and a beta of 1.20. Kelly Services has a fifty-two week low of $16.17 and a fifty-two week high of $25.27.

Kelly Services (NASDAQ:KELYA) last posted its earnings results on Thursday, November 7th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.23). The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.07 billion. Kelly Services had a return on equity of 6.93% and a net margin of 0.97%. The firm’s revenue for the quarter was down 7.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.50 earnings per share.

Hedge Funds Weigh In On Kelly Services

Several large investors have recently made changes to their positions in the business. Boston Partners purchased a new position in Kelly Services in the 1st quarter worth approximately $18,618,000. Allspring Global Investments Holdings LLC raised its holdings in Kelly Services by 1,730.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 234,057 shares of the business services provider’s stock worth $5,011,000 after acquiring an additional 221,271 shares during the last quarter. American Century Companies Inc. raised its holdings in Kelly Services by 35.9% in the 2nd quarter. American Century Companies Inc. now owns 682,857 shares of the business services provider’s stock worth $14,620,000 after acquiring an additional 180,238 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in Kelly Services by 178.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 155,604 shares of the business services provider’s stock worth $3,331,000 after acquiring an additional 99,699 shares during the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new position in Kelly Services in the 3rd quarter worth approximately $2,122,000. 76.34% of the stock is currently owned by hedge funds and other institutional investors.

Kelly Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th will be issued a dividend of $0.075 per share. The ex-dividend date is Wednesday, November 20th. This represents a $0.30 annualized dividend and a dividend yield of 1.85%. Kelly Services’s payout ratio is 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.