Kelly Services Inc

Kelly Services Inc Stock Forecast & Price Prediction

Live Kelly Services Inc Stock (KELYA) Price
$14.49

3

Ratings

  • Buy 2
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$14.49

P/E Ratio

12.49

Volume Traded Today

$633,523

Dividend

$0.075

52 Week High/low

25.27/13.71

Kelly Services Inc Market Cap

$516.0M

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KELYA Summary

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.

KELYA Analyst Ratings

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.

KELYA stock forecast by analyst

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

KELYA Company Information

What They Do: Provides workforce solutions across various industries.

Business Model: The company operates through five segments: Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International. It generates revenue by offering staffing, permanent placement, and consulting services tailored to diverse sectors, including administrative, engineering, education, and outsourcing solutions.

Other Information: Founded in 1946 and headquartered in Troy, Michigan, the company serves a wide range of clients across North America, Europe, and the Asia-Pacific region, highlighting its extensive global reach and diversified service offerings.
KELYA
Kelly Services Inc (KELYA)

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

Kelly Services Inc (KELYA) Financial Data

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

$4.52B

Revenue From 2021

$4.91B

8.72 %
From Previous Year

Revenue From 2022

$4.97B

1.13 %
From Previous Year

Revenue From 2023

$4.84B

-2.61 %
From Previous Year
  • Revenue TTM $4.37B
  • Operating Margin TTM 0.2%
  • Gross profit TTM $961.4M
  • Return on assets TTM 1.5%
  • Return on equity TTM 3.4%
  • Profit Margin 1.0%
  • Book Value Per Share 36.03%
  • Market capitalisation $516.0M
  • Revenue for 2021 $4.91B
  • Revenue for 2022 $4.97B
  • Revenue for 2023 $4.84B
  • EPS this year (TTM) $1.16

Kelly Services Inc (KELYA) Latest News

News Image

Fri, 06 Dec 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Wed, 20 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Fri, 15 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

...

KELYA Frequently asked questions

The highest forecasted price for KELYA is $27 from at .

The lowest forecasted price for KELYA is $25 from Kevin Steinke from Barrington Research

The KELYA analyst ratings consensus are 2 buy ratings, 1 hold ratings, and 0 sell ratings.