Kforce (NASDAQ:KFRC) Rating Lowered to “Hold” at Zacks Research

Kforce (NASDAQ:KFRC) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

KFRC has been the subject of a number of other research reports. Truist Financial upped their price target on shares of Kforce from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Tuesday. UBS Group lowered their price objective on shares of Kforce from $40.00 to $34.50 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Kforce has a consensus rating of “Hold” and a consensus price target of $36.25.

Kforce Stock Performance

NASDAQ:KFRC opened at $32.99 on Wednesday. The company has a market cap of $598.47 million, a price-to-earnings ratio of 12.31 and a beta of 0.55. Kforce has a fifty-two week low of $24.49 and a fifty-two week high of $56.64. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. The stock has a fifty day moving average price of $31.72 and a 200-day moving average price of $31.93.

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 analysts’ consensus estimates of $0.57 by $0.06. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The business had revenue of $332.65 million during the quarter, compared to the consensus estimate of $328.34 million. During the same quarter in the previous year, the firm earned $0.75 earnings per share. Kforce’s revenue for the quarter was down 5.9% compared to the same quarter last year. Kforce has set its Q4 2025 guidance at 0.430-0.510 EPS. As a group, equities analysts anticipate that Kforce will post 2.7 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Tributary Capital Management LLC lifted its stake in shares of Kforce by 93.0% in the 3rd quarter. Tributary Capital Management LLC now owns 827,046 shares of the business services provider’s stock valued at $24,795,000 after acquiring an additional 398,471 shares during the last quarter. New South Capital Management Inc. increased its holdings in Kforce by 18.1% in the 3rd quarter. New South Capital Management Inc. now owns 709,550 shares of the business services provider’s stock worth $21,272,000 after purchasing an additional 108,507 shares in the last quarter. Geode Capital Management LLC raised its position in Kforce by 0.6% in the second quarter. Geode Capital Management LLC now owns 511,072 shares of the business services provider’s stock valued at $21,021,000 after purchasing an additional 3,173 shares during the last quarter. Deprince Race & Zollo Inc. boosted its stake in shares of Kforce by 30.7% during the fourth quarter. Deprince Race & Zollo Inc. now owns 499,733 shares of the business services provider’s stock valued at $15,452,000 after purchasing an additional 117,290 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its holdings in shares of 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 worth $12,343,000 after purchasing an additional 243,303 shares during the last quarter. 92.77% of the stock is currently 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.