Kforce (NASDAQ:KFRC) Stock Rating Lowered by Zacks Research

Kforce (NASDAQ:KFRC) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. Robert W. Baird lifted their price target on shares of Kforce from $40.00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday, April 28th. William Blair upgraded Kforce from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $39.67.

Kforce Price Performance

NASDAQ KFRC opened at $47.02 on Monday. The company has a market capitalization of $838.37 million, a PE ratio of 17.54 and a beta of 0.87. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. The business’s fifty day moving average is $43.47 and its 200 day moving average is $35.04. Kforce has a fifty-two week low of $24.49 and a fifty-two week high of $50.70.

Kforce (NASDAQ:KFRC) last issued its quarterly earnings results on Monday, April 27th. The business services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.06. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The business had revenue of $330.36 million during the quarter, compared to analysts’ expectations of $329.32 million. During the same quarter in the prior year, the business posted $0.45 earnings per share. The business’s quarterly revenue was up .1% on a year-over-year basis. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. Sell-side analysts predict that Kforce will post 2.7 earnings per share for the current year.

Institutional Investors Weigh In On Kforce

Several institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC boosted its holdings in shares of Kforce by 427.2% in the 4th quarter. Parallel Advisors LLC now owns 854 shares of the business services provider’s stock worth $26,000 after purchasing an additional 692 shares during the period. EverSource Wealth Advisors LLC increased its position in Kforce by 117.7% during the third quarter. EverSource Wealth Advisors LLC now owns 910 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 492 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Kforce in the fourth quarter valued at $31,000. Allworth Financial LP lifted its holdings in shares of Kforce by 212.3% in the 4th quarter. Allworth Financial LP now owns 1,240 shares of the business services provider’s stock worth $38,000 after acquiring an additional 843 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Kforce by 29.6% during the 4th quarter. GAMMA Investing LLC now owns 1,868 shares of the business services provider’s stock worth $58,000 after purchasing an additional 427 shares during the period. 92.77% of the stock is owned by institutional investors.

About Kforce

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.