Noble Financial Expects Weaker Earnings for Kelly Services

Kelly Services, Inc. (NASDAQ:KELYA) – Analysts at Noble Financial cut their Q1 2025 earnings estimates for shares of Kelly Services in a note issued to investors on Friday, February 14th. Noble Financial analyst J. Gomes now forecasts that the business services provider will post earnings of $0.60 per share for the quarter, down from their previous forecast of $0.76. The consensus estimate for Kelly Services’ current full-year earnings is $1.93 per share. Noble Financial also issued estimates for Kelly Services’ Q3 2025 earnings at $0.58 EPS and Q4 2025 earnings at $0.76 EPS.

Separately, Barrington Research reiterated an “outperform” rating and issued a $25.00 price objective on shares of Kelly Services in a report on Tuesday.

Kelly Services Stock Performance

KELYA stock opened at $13.47 on Monday. Kelly Services has a twelve month low of $12.68 and a twelve month high of $25.27. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.18. The company has a market cap of $479.63 million, a P/E ratio of 11.71, a price-to-earnings-growth ratio of 0.40 and a beta of 1.11. The business’s fifty day moving average is $13.80 and its 200-day moving average is $17.27.

Kelly Services (NASDAQ:KELYA) last announced its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.38. Kelly Services had a net margin of 0.97% and a return on equity of 6.93%. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion.

Institutional Investors Weigh In On Kelly Services

Several large investors have recently bought and sold shares of the company. Versant Capital Management Inc increased its holdings in shares of Kelly Services by 367.1% in the fourth quarter. Versant Capital Management Inc now owns 2,396 shares of the business services provider’s stock worth $33,000 after acquiring an additional 1,883 shares in the last quarter. KBC Group NV increased its stake in Kelly Services by 109.1% during the 4th quarter. KBC Group NV now owns 3,886 shares of the business services provider’s stock worth $54,000 after purchasing an additional 2,028 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in Kelly Services by 49.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 4,277 shares of the business services provider’s stock worth $60,000 after buying an additional 1,406 shares during the period. Quest Partners LLC bought a new position in Kelly Services in the third quarter valued at approximately $158,000. Finally, Palouse Capital Management Inc. raised its holdings in shares of Kelly Services by 13.1% during the fourth quarter. Palouse Capital Management Inc. now owns 8,194 shares of the business services provider’s stock worth $114,000 after acquiring an additional 950 shares during the period. Institutional investors own 76.34% of the company’s stock.

Kelly Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 2.23%. The ex-dividend date is Wednesday, February 26th. Kelly Services’s payout ratio is -500.00%.

About Kelly Services

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.