Shares of Kelly Services, Inc. (NASDAQ:KELYB – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $15.89, but opened at $16.61. Kelly Services shares last traded at $17.8090, with a volume of 936 shares traded.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings lowered shares of Kelly Services from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.
View Our Latest Analysis on KELYB
Kelly Services Trading Up 4.5%
Kelly Services (NASDAQ:KELYB – Get Free Report) last posted its earnings results on Thursday, May 7th. The business services provider reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.03). Kelly Services had a positive return on equity of 3.07% and a negative net margin of 6.44%.The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion.
Kelly Services Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, May 18th will be paid a dividend of $0.075 per share. The ex-dividend date is Monday, May 18th. This represents a $0.30 annualized dividend and a dividend yield of 1.8%. Kelly Services’s dividend payout ratio (DPR) is currently -3.95%.
Kelly Services Company Profile
Kelly Services, Inc engages in staffing and workforce solutions. It operates through the following segments: Americas Staffing, Global Talent Solutions, and International Staffing. The Americas Staffing segment delivers temporary staffing, as well as direct-hire placement services, in a number of specialty staffing services, including office, education, marketing, electronic assembly, light industrial, science, engineering, and information technology in United States, Puerto Rico, Canada, Mexico and Brazil.
Further Reading
- Five stocks we like better than Kelly Services
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
Receive News & Ratings for Kelly Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kelly Services and related companies with MarketBeat.com's FREE daily email newsletter.
