Kforce (NASDAQ:KFRC) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Kforce Inc. (NASDAQ:KFRC)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $32.57 and traded as high as $34.75. Kforce shares last traded at $34.5980, with a volume of 137,009 shares traded.

Analysts Set New Price Targets

A number of research analysts have issued reports on KFRC shares. UBS Group decreased their price target on shares of Kforce from $40.00 to $34.50 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Zacks Research raised Kforce from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. Finally, Truist Financial reduced their target price on Kforce from $46.00 to $35.00 and set a “hold” rating for the company in a research note on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Kforce has an average rating of “Moderate Buy” and an average target price of $34.75.

Kforce Price Performance

The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16. The stock’s 50 day moving average price is $30.93 and its two-hundred day moving average price is $32.45. The stock has a market cap of $618.90 million, a price-to-earnings ratio of 12.73 and a beta of 0.55.

Kforce (NASDAQ:KFRC) last posted its quarterly earnings results on Monday, November 3rd. The business services provider reported $0.63 EPS for the quarter, beating the consensus estimate of $0.57 by $0.06. The company had revenue of $332.65 million for the quarter, compared to analyst estimates of $328.34 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The firm’s revenue was down 5.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.75 earnings per share. Kforce has set its Q4 2025 guidance at 0.430-0.510 EPS. Equities research analysts forecast that Kforce Inc. will post 2.7 EPS for the current fiscal year.

Kforce Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Friday, December 5th. Kforce’s dividend payout ratio (DPR) is 68.72%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of KFRC. Tributary Capital Management LLC grew its stake in shares of Kforce by 93.0% during the 3rd quarter. Tributary Capital Management LLC now owns 827,046 shares of the business services provider’s stock worth $24,795,000 after purchasing an additional 398,471 shares during the period. Deprince Race & Zollo Inc. boosted its holdings in Kforce by 391.9% during the third quarter. Deprince Race & Zollo Inc. now owns 382,443 shares of the business services provider’s stock worth $11,466,000 after buying an additional 304,690 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its position in Kforce by 144.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 411,706 shares of the business services provider’s stock valued at $12,343,000 after buying an additional 243,303 shares during the period. Russell Investments Group Ltd. grew its position in Kforce by 258.2% during the third quarter. Russell Investments Group Ltd. now owns 285,019 shares of the business services provider’s stock valued at $8,545,000 after buying an additional 205,457 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC increased its holdings in Kforce by 49.6% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 409,575 shares of the business services provider’s stock valued at $12,279,000 after buying an additional 135,804 shares in the last quarter. 92.77% of the stock is owned by institutional investors and hedge funds.

About Kforce

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.