Kelly Services (KELYA) Earning Somewhat Favorable Media Coverage, Analysis Finds
News coverage about Kelly Services (NASDAQ:KELYA) has trended somewhat positive this week, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kelly Services earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 45.4494219600997 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Kelly Services (KELYA) opened at 22.29 on Monday. The stock has a 50 day moving average price of $21.87 and a 200 day moving average price of $22.14. The firm has a market cap of $853.89 million, a price-to-earnings ratio of 6.68 and a beta of 0.98. Kelly Services has a 52 week low of $18.06 and a 52 week high of $24.70.
Kelly Services (NASDAQ:KELYA) last announced its quarterly earnings data on Wednesday, August 9th. The business services provider reported $0.47 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.24. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Kelly Services had a return on equity of 6.88% and a net margin of 2.58%. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.29 earnings per share. Equities research analysts expect that Kelly Services will post $1.73 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Tuesday, August 22nd were given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date of this dividend was Friday, August 18th. Kelly Services’s dividend payout ratio is currently 8.85%.
Several analysts have issued reports on KELYA shares. Zacks Investment Research upgraded Kelly Services from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a report on Friday, August 11th. ValuEngine upgraded Kelly Services from a “hold” rating to a “buy” rating in a report on Friday, August 11th. Finally, BidaskClub upgraded Kelly Services from a “strong sell” rating to a “sell” rating in a report on Thursday, July 6th.
Kelly Services Company Profile
Kelly Services, Inc is a workforce solutions provider, which is engaged in offering a range of specialty services. The Company provides workforce solutions in three regions: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). The Company’s segments are Americas Commercial, Americas Professional and Technical (Americas PT), EMEA Commercial, EMEA Professional and Technical (EMEA PT), and Outsourcing and Consulting Group (OCG).
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