Headlines about Kelly Services (NASDAQ:KELYA) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kelly Services earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 46.1292059674298 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Kelly Services (NASDAQ:KELYA) opened at 22.31 on Tuesday. Kelly Services has a 1-year low of $18.01 and a 1-year high of $24.70. The company has a market cap of $854.65 million, a price-to-earnings ratio of 6.69 and a beta of 0.98. The company’s 50-day moving average is $21.89 and its 200 day moving average is $22.12.
Kelly Services (NASDAQ:KELYA) last posted its earnings results on Wednesday, August 9th. The business services provider reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.24. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Kelly Services had a net margin of 2.58% and a return on equity of 6.88%. The company’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.29 EPS. Equities analysts anticipate that Kelly Services will post $1.73 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Tuesday, August 22nd were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend was Friday, August 18th. Kelly Services’s dividend payout ratio (DPR) is 8.85%.
A number of brokerages have recently weighed in on KELYA. ValuEngine raised shares of Kelly Services from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research raised shares of Kelly Services from a “hold” rating to a “strong-buy” rating and set a $25.00 target price on the stock in a research note on Tuesday, May 16th. Finally, BidaskClub raised shares of Kelly Services from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 6th.
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About Kelly Services
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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