News stories about Kforce (NASDAQ:KFRC) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kforce earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 45.0952605951332 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Kforce (NASDAQ KFRC) opened at $27.35 on Friday. The stock has a market capitalization of $735.28, a price-to-earnings ratio of 20.88 and a beta of 1.58. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.93 and a quick ratio of 2.93. Kforce has a 52 week low of $16.75 and a 52 week high of $29.35.
Kforce (NASDAQ:KFRC) last issued its earnings results on Tuesday, February 6th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.02. The company had revenue of $342.60 million during the quarter, compared to analyst estimates of $340.02 million. Kforce had a return on equity of 29.84% and a net margin of 2.45%. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the business posted $0.36 EPS. analysts forecast that Kforce will post 2.13 earnings per share for the current fiscal year.
Several brokerages have recently commented on KFRC. BidaskClub upgraded Kforce from a “buy” rating to a “strong-buy” rating in a report on Tuesday, January 9th. Zacks Investment Research lowered Kforce from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. ValuEngine upgraded Kforce from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Robert W. Baird increased their price objective on Kforce from $25.00 to $28.00 and gave the company an “outperform” rating in a report on Wednesday, February 7th. Finally, Northcoast Research reiterated a “buy” rating and set a $33.00 price objective on shares of Kforce in a report on Wednesday, February 7th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $26.80.
In related news, CEO David L. Dunkel sold 10,000 shares of the firm’s stock in a transaction on Wednesday, March 7th. The stock was sold at an average price of $29.01, for a total value of $290,100.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Kye L. Mitchell sold 15,907 shares of the firm’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $24.65, for a total value of $392,107.55. The disclosure for this sale can be found here. Insiders sold a total of 83,094 shares of company stock valued at $2,238,275 in the last 90 days. 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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