Noble Financial Lowers Earnings Estimates for Kelly Services

Kelly Services, Inc. (NASDAQ:KELYA) – Analysts at Noble Financial lowered their FY2025 earnings per share estimates for Kelly Services in a research report issued to clients and investors on Friday, November 8th. Noble Financial analyst J. Gomes now expects that the business services provider will post earnings per share of $3.02 for the year, down from their previous estimate of $3.17. The consensus estimate for Kelly Services’ current full-year earnings is $2.49 per share. Noble Financial also issued estimates for Kelly Services’ Q4 2025 earnings at $0.87 EPS.

Kelly Services (NASDAQ:KELYA) last announced its earnings results on Thursday, November 7th. The business services provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.23). The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.07 billion. Kelly Services had a return on equity of 6.93% and a net margin of 0.97%. Kelly Services’s quarterly revenue was down 7.1% on a year-over-year basis. During the same quarter last year, the company posted $0.50 EPS.

Several other research firms have also recently commented on KELYA. Barrington Research reaffirmed an “outperform” rating and issued a $29.00 target price on shares of Kelly Services in a research note on Friday, September 27th. StockNews.com cut shares of Kelly Services from a “buy” rating to a “hold” rating in a research note on Friday, August 9th.

Kelly Services Price Performance

KELYA stock opened at $16.23 on Monday. The firm has a 50 day moving average of $20.36 and a 200-day moving average of $21.28. Kelly Services has a 12-month low of $16.17 and a 12-month high of $25.27. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.18. The company has a market cap of $577.27 million, a price-to-earnings ratio of 14.11, a PEG ratio of 0.51 and a beta of 1.20.

Kelly Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be paid a dividend of $0.075 per share. The ex-dividend date is Wednesday, November 20th. This represents a $0.30 annualized dividend and a yield of 1.85%. Kelly Services’s dividend payout ratio (DPR) is 26.09%.

Institutional Investors Weigh In On Kelly Services

Institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets increased its stake in shares of Kelly Services by 38.9% during the first quarter. BNP Paribas Financial Markets now owns 22,576 shares of the business services provider’s stock valued at $565,000 after acquiring an additional 6,325 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Kelly Services by 11.2% during the first quarter. Janney Montgomery Scott LLC now owns 23,939 shares of the business services provider’s stock worth $599,000 after buying an additional 2,405 shares in the last quarter. SG Americas Securities LLC acquired a new position in Kelly Services in the 1st quarter worth approximately $125,000. Susquehanna Fundamental Investments LLC purchased a new position in Kelly Services during the 1st quarter worth approximately $221,000. Finally, State Board of Administration of Florida Retirement System grew its position in Kelly Services by 97.2% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 18,720 shares of the business services provider’s stock worth $469,000 after purchasing an additional 9,228 shares in the last quarter. Institutional investors and hedge funds own 76.34% of the company’s stock.

Kelly Services Company Profile

Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions.