Kelly Services, Inc. (NASDAQ:KELYB – Get Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $17.84, but opened at $16.89. Kelly Services shares last traded at $17.5040, with a volume of 549 shares traded.
Wall Street Analyst Weigh In
Separately, Weiss Ratings cut Kelly Services from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Get Our Latest Analysis on Kelly Services
Kelly Services Price Performance
Kelly Services (NASDAQ:KELYB – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The business services provider reported $0.03 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.03). Kelly Services had a positive return on equity of 3.07% and a negative net margin of 6.44%.The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion.
Kelly Services Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 18th were issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, May 18th. Kelly Services’s dividend payout ratio is presently -3.95%.
Kelly Services Company Profile
Kelly Services, Inc engages in staffing and workforce solutions. It operates through the following segments: Americas Staffing, Global Talent Solutions, and International Staffing. The Americas Staffing segment delivers temporary staffing, as well as direct-hire placement services, in a number of specialty staffing services, including office, education, marketing, electronic assembly, light industrial, science, engineering, and information technology in United States, Puerto Rico, Canada, Mexico and Brazil.
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