Kelly Services (NASDAQ:KELYA) Stock Rating Lowered by Zacks Research

Kelly Services (NASDAQ:KELYA) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Monday, Zacks reports.

KELYA has been the subject of a number of other research reports. Barrington Research lifted their price objective on Kelly Services from $15.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Wall Street Zen upgraded shares of Kelly Services from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. Finally, Weiss Ratings upgraded shares of Kelly Services from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, November 4th. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $20.00.

Kelly Services Stock Performance

Kelly Services stock opened at $14.04 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.55 and a current ratio of 1.55. The stock has a fifty day moving average of $16.02 and a two-hundred day moving average of $12.68. The company has a market capitalization of $487.61 million, a price-to-earnings ratio of -3.90, a PEG ratio of 1.01 and a beta of 0.93. Kelly Services has a fifty-two week low of $7.98 and a fifty-two week high of $17.75.

Kelly Services (NASDAQ:KELYA) last released its quarterly earnings results on Thursday, November 5th. The business services provider reported $0.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.07. Kelly Services had a positive return on equity of 2.36% and a negative net margin of 3.08%. The company had revenue of $927.20 million during the quarter, compared to analysts’ expectations of $925.87 million. On average, analysts anticipate that Kelly Services will post 1.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Donald Smith & CO. Inc. acquired a new stake in shares of Kelly Services during the second quarter worth $5,704,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Kelly Services in the second quarter valued at $755,000. Fifth Third Bancorp purchased a new stake in shares of Kelly Services in the first quarter valued at $4,371,000. Quantinno Capital Management LP increased its stake in Kelly Services by 34.5% in the first quarter. Quantinno Capital Management LP now owns 189,010 shares of the business services provider’s stock valued at $1,673,000 after purchasing an additional 48,431 shares during the last quarter. Finally, Sei Investments Co. increased its stake in Kelly Services by 90.5% in the first quarter. Sei Investments Co. now owns 94,916 shares of the business services provider’s stock valued at $840,000 after purchasing an additional 45,097 shares during the last quarter. 76.34% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Kelly Services

Here are the key news stories impacting Kelly Services this week:

• Negative Sentiment: Analysts cut forecasts: Noble Financial lowered its FY2026 EPS estimate to $1.08 from $1.21 and FY2027 to $1.72 from $2.07. Sidoti reduced FY2027 EPS to $1.56 from $1.87, and cut its Q3 2027 estimate to $0.29 from $0.45. Both firms also lowered Q4 2026 estimates: Sidoti to $0.42 from $0.63 and Noble to $0.59 from $0.65. These revisions signal softer profit expectations and are the clearest potential source of downward pressure on KELYA shares.
• Neutral Sentiment: Short-interest report is unclear: A report described a significant increase in short interest but listed total short interest as zero shares, making the data internally inconsistent and difficult to interpret.

About Kelly Services

Kelly Services is a workforce solutions and staffing company that connects employers with workers across a range of professional and industrial fields. Its services include temporary and contract staffing, direct-hire recruitment, workforce management and related consulting and outsourcing solutions. The company serves organizations in areas such as science and engineering, education, technology, finance, and office and industrial operations. Its offerings are designed to help employers recruit talent and manage workforce needs, while providing job seekers with access to temporary, contract and permanent opportunities.