Kforce (KFRC) Earns Coverage Optimism Score of 0.16

News articles about Kforce (NASDAQ:KFRC) have been trending somewhat positive on Wednesday, Accern reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Kforce earned a news impact score of 0.16 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 45.7073685712451 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several analysts have recently commented on KFRC shares. Zacks Investment Research raised Kforce from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research note on Saturday, February 3rd. ValuEngine raised Kforce from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. BidaskClub downgraded Kforce from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, January 16th. Northcoast Research raised Kforce from a “neutral” rating to a “buy” rating in a research note on Monday, November 6th. Finally, Robert W. Baird reissued a “buy” rating and issued a $25.00 price objective on shares of Kforce in a research note on Friday, November 3rd. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $26.50.

Shares of Kforce (NASDAQ:KFRC) opened at $27.75 on Wednesday. The company has a market capitalization of $737.11, a P/E ratio of 21.18 and a beta of 1.73. Kforce has a 52 week low of $16.75 and a 52 week high of $28.94. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.91.

Kforce (NASDAQ:KFRC) last issued its quarterly earnings data on Tuesday, February 6th. The business services provider reported $0.45 EPS for the quarter, topping the consensus estimate of $0.43 by $0.02. The firm had revenue of $342.60 million during the quarter, compared to the consensus estimate of $340.02 million. Kforce had a return on equity of 29.84% and a net margin of 2.45%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.36 earnings per share. equities research analysts predict that Kforce will post 2.13 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 23rd. Stockholders of record on Friday, March 9th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend is Thursday, March 8th. Kforce’s dividend payout ratio is presently 36.64%.

In other news, CEO David L. Dunkel sold 6,271 shares of the company’s stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $27.00, for a total value of $169,317.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Joseph J. Liberatore sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $27.85, for a total value of $557,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 100,794 shares of company stock valued at $2,673,292. 13.30% of the stock is currently owned by corporate 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.

Insider Buying and Selling by Quarter for Kforce (NASDAQ:KFRC)

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