Kelly Services, Inc. (NASDAQ:KELYB – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $28.50, but opened at $26.44. Kelly Services shares last traded at $26.65, with a volume of 2,278 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded shares of Kelly Services from a “sell (d)” rating to a “hold (c-)” rating in a research report on Friday, October 16th. One analyst has rated the stock with a Hold rating. According to MarketBeat, the stock currently has an average rating of “Hold”.
Read Our Latest Stock Report on Kelly Services
Kelly Services Trading Down 2.2%
The firm’s 50-day simple moving average is $23.52 and its 200-day simple moving average is $19.24. The firm has a market capitalization of $904.92 million, a PE ratio of -3.34 and a beta of 0.88. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.08.
Kelly Services (NASDAQ:KELYB – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.37 EPS for the quarter, topping the consensus estimate of $0.18 by $0.19. Kelly Services had a positive return on equity of 2.69% and a negative net margin of 6.73%. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.01 billion.
Kelly Services Company Profile
Kelly Services, Inc (NASDAQ: KELYB) is a workforce solutions and staffing company that connects employers with talent across a range of industries and skill levels. Its services include temporary and contract staffing, direct-hire and permanent placement, recruitment process outsourcing, and workforce management solutions.
The company serves organizations through specialized offerings for professional and technical roles, science and engineering, education, office and administrative functions, industrial positions, and other workforce categories.
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