The Kelly Services Inc (KELYA) share price is expected to increase by 81.73% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered KELYA. Price targets range from $25 at the low end to $27 at the high end. The current analyst consensus for KELYA is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Kelly Services Inc has a total of 3 Wall St Analyst ratings. There are 2 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Kelly Services Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of KELYA.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Kevin Steinke Barrington Research | Outperform | $25 | Maintains | Nov 18, 2024 |
Kevin Steinke Barrington Research | Outperform | $29 | Maintains | Sep 27, 2024 |
Kevin Steinke Barrington Research | Outperform | $29 | Maintains | Aug 15, 2024 |
Kevin Steinke Barrington Research | Outperform | $29 | Maintains | May 28, 2024 |
Kevin Steinke Barrington Research | Outperform | $29 | Maintains | May 13, 2024 |
Kevin Steinke Barrington Research | Outperform | $26 | Reiterates | Nov 15, 2023 |
Kevin Steinke Barrington Research | Outperform | $26 | Maintains | Aug 15, 2023 |
Kevin Steinke Barrington Research | Outperform | $25 | Maintains | May 19, 2023 |
Kevin Steinke Barrington Research | Outperform | $23 | Maintains | Feb 21, 2023 |
Kartik Mehta Northcoast Research | Neutral | Downgrade | Dec 7, 2022 | |
Kevin Steinke Barrington Research | Outperform | $24 | Maintains | Nov 18, 2022 |
Kevin Steinke Barrington Research | Outperform | $25 | Maintains | Aug 16, 2022 |
Northcoast Research | Buy | Upgrade | Aug 10, 2021 | |
Northcoast | Neutral | Downgrade | Aug 28, 2019 | |
Northcoast Research | Neutral | Downgrade | Aug 28, 2019 | |
Noble Capital Markets | Outperform | Initiates | Jul 30, 2019 | |
Northcoast Research | Buy | Upgrade | May 21, 2018 | |
Citigroup | Buy | $21 | Maintains | Feb 4, 2013 |
When did it IPO
1990
Staff Count
6,200
Country
United States
Sector/Industry
Industrials/Staffing & Employment Services
CEO
Mr. Peter W. Quigley
Market Cap
$516.0M
In 2023, KELYA generated $4.84B in revenue, which was a decrease of -2.61% from the previous year. This can be seen as a signal that KELYA's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - S&P Dow Jones Indices will adjust the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices on December 23 to enhance market capitalization representation.
Why It Matters - Index rebalancing can impact stock prices as companies are added or removed, affecting demand and liquidity. This can lead to volatility and opportunities for investors.
Summary - Kelly (Nasdaq: KELYA, KELYB) announced a share repurchase program on November 26, 2024, allowing for the purchase of up to $50 million of Class A common stock, expiring December 2, 2026.
Why It Matters - A $50 million share repurchase program signals confidence in the company's financial health and can boost shareholder value by reducing outstanding shares, potentially increasing earnings per share.
Summary - Kelly has completed its CFO transition, with Troy Anderson succeeding Olivier Thirot, effective December 2, 2024. Thirot will remain as a strategic advisor post-retirement.
Why It Matters - The CFO transition may signal strategic shifts in financial management, impacting company performance and investor confidence in Kelly's future growth and stability.
Summary - KellyOCG has been recognized as the top outsourcing and consulting firm, highlighting its strong market position within the industry.
Why It Matters - KellyOCG's ranking enhances its reputation, potentially driving growth and investor confidence in Kelly's stock performance and market position.
Summary - Kelly has acquired Children's Therapy Center, enhancing its Pediatric Therapy Services portfolio and expanding offerings for Minnesota school districts. Terms of the acquisition remain undisclosed.
Why It Matters - Kelly's acquisition of Children's Therapy Center enhances its service offerings in pediatric therapy, positioning the company to capitalize on growing demand in education, potentially boosting revenue and market share.
Summary - Kelly has been recognized as Corporation of the Year by the National Minority Supplier Development Council (NMSDC) on November 15, 2024.
Why It Matters - Recognition as Corporation of the Year can enhance Kelly's brand reputation, potentially attract new clients, and improve market positioning, positively impacting revenue and stock performance.