Kelly Services (NASDAQ:KELYA) Posts Quarterly Earnings Results, Misses Estimates By $0.24 EPS

Kelly Services (NASDAQ:KELYA) released its quarterly earnings data on Thursday. The business services provider reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24), Zacks reports. The company had revenue of $935.00 million for the quarter, compared to the consensus estimate of $972.80 million. Kelly Services had a negative net margin of 0.14% and a positive return on equity of 5.65%. Kelly Services updated its Q4 2025 guidance to EPS and its Q4 2025 guidance to EPS.

Kelly Services Price Performance

Shares of NASDAQ:KELYA traded up $0.27 during trading on Friday, reaching $9.63. The company had a trading volume of 484,046 shares, compared to its average volume of 307,598. The company has a fifty day moving average of $12.77 and a two-hundred day moving average of $12.56. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $339.48 million, a P/E ratio of -48.15, a price-to-earnings-growth ratio of 0.41 and a beta of 0.86. Kelly Services has a 12 month low of $9.17 and a 12 month high of $18.26.

Kelly Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Wednesday, November 19th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 3.1%. Kelly Services’s dividend payout ratio is presently -6.70%.

Insider Buying and Selling at Kelly Services

In related news, SVP Nicola M. Soares sold 27,412 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $13.43, for a total value of $368,143.16. Following the completion of the transaction, the senior vice president directly owned 40,134 shares in the company, valued at approximately $538,999.62. The trade was a 40.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Daniel H. Malan sold 10,000 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $14.24, for a total value of $142,400.00. Following the sale, the senior vice president owned 95,281 shares in the company, valued at $1,356,801.44. The trade was a 9.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 52,902 shares of company stock valued at $721,526 over the last quarter. 48.09% of the stock is owned by company insiders.

Institutional Investors Weigh In On Kelly Services

Hedge funds and other institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC boosted its holdings in Kelly Services by 83.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,324 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 1,967 shares during the period. State of Wyoming purchased a new stake in shares of Kelly Services during the second quarter valued at approximately $116,000. The Manufacturers Life Insurance Company boosted its stake in shares of Kelly Services by 8.2% during the second quarter. The Manufacturers Life Insurance Company now owns 11,949 shares of the business services provider’s stock valued at $140,000 after purchasing an additional 905 shares during the period. Cerity Partners LLC bought a new position in shares of Kelly Services in the second quarter worth approximately $158,000. Finally, Man Group plc increased its stake in shares of Kelly Services by 6.6% in the second quarter. Man Group plc now owns 24,780 shares of the business services provider’s stock worth $290,000 after buying an additional 1,532 shares during the period. Institutional investors own 76.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Kelly Services in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of Kelly Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 25th. UBS Group reiterated an “outperform” rating on shares of Kelly Services in a research note on Friday, September 12th. Finally, Barrington Research restated an “outperform” rating and set a $25.00 price target on shares of Kelly Services in a research report on Tuesday, September 23rd. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $25.00.

Kelly Services Company Profile

Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions.