Kelly Services (NASDAQ:KELYB) Receiving Somewhat Favorable Press Coverage, Study Finds

Press coverage about Kelly Services (NASDAQ:KELYB) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, 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 assigned media coverage about the business services provider an impact score of 46.9138220094867 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Separately, ValuEngine raised shares of Kelly Services from a “hold” rating to a “buy” rating in a research report on Thursday, November 2nd.

Shares of Kelly Services (KELYB) remained flat at $$28.00 during trading on Monday. 100 shares of the stock traded hands, compared to its average volume of 470. The firm has a market cap of $1,075.90, a price-to-earnings ratio of 14.36 and a beta of 0.86. Kelly Services has a 52 week low of $20.18 and a 52 week high of $28.00.

Kelly Services (NASDAQ:KELYB) last posted its earnings results on Wednesday, November 8th. The business services provider reported $0.58 EPS for the quarter, topping the consensus estimate of $0.31 by $0.27. Kelly Services had a net margin of 1.44% and a return on equity of 7.25%. The firm had revenue of $1.33 billion during the quarter. During the same quarter last year, the company posted $0.44 EPS.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 7th. Investors of record on Wednesday, November 22nd will be issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Tuesday, November 21st. Kelly Services’s payout ratio is 15.71%.

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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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