Kforce (KFRC) Receives Media Sentiment Score of 0.17
News headlines about Kforce (NASDAQ:KFRC) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kforce earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 44.8468394861102 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern’s scoring:
- Kforce Inc. Announces Third Quarter 2017 Earnings Date and Q4 Conferences (finance.yahoo.com)
- Kforce, Inc. (KFRC) Upgraded to B by TheStreet (americanbankingnews.com)
- Kforce, Inc. (KFRC) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Market Review: Checking the Technicals on Shares of Kforce Inc (KFRC) – Lockport Press (lockportpress.com)
- Strategy To YieldBoost KFRC To 10.8% Using Options (stockoptionschannel.com)
A number of equities analysts have recently commented on KFRC shares. BidaskClub cut Kforce from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Zacks Investment Research raised Kforce from a “sell” rating to a “hold” rating in a report on Wednesday. ValuEngine raised Kforce from a “hold” rating to a “buy” rating in a report on Tuesday, June 27th. Robert W. Baird reissued a “buy” rating and set a $20.00 price target on shares of Kforce in a report on Tuesday, September 12th. Finally, TheStreet raised Kforce from a “c+” rating to a “b” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $23.50.
Kforce (NASDAQ:KFRC) traded up 0.49% during trading on Friday, hitting $20.45. The stock had a trading volume of 49,024 shares. Kforce has a 52 week low of $15.95 and a 52 week high of $26.95. The stock has a market capitalization of $517.18 million, a P/E ratio of 14.91 and a beta of 1.59. The company has a 50-day moving average of $18.57 and a 200-day moving average of $19.67.
Kforce (NASDAQ:KFRC) last posted its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.02). The business had revenue of $340.31 million for the quarter, compared to the consensus estimate of $345.24 million. Kforce had a net margin of 2.64% and a return on equity of 29.67%. Kforce’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.41 EPS. On average, equities analysts expect that Kforce will post $1.51 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 22nd. Investors of record on Friday, September 8th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend was Thursday, September 7th. Kforce’s dividend payout ratio is 35.04%.
In other Kforce news, COO Kye L. Mitchell sold 5,000 shares of Kforce stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $17.99, for a total transaction of $89,950.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 13.30% of the stock is currently owned by company insiders.
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Kforce Company Profile
Kforce Inc (Kforce) is engaged in providing professional and technical specialty staffing services and solutions. The Company operates through three segments, which include Technology (Tech), Finance and Accounting (FA) and Government Solutions (GS). The Company’s Tech segment includes the operations of its subsidiary Kforce Global Solutions, Inc The FA segment is engaged in providing both temporary staffing and permanent placement services to its clients in areas, such as general accounting, business analysis and others.
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