FY2026 Earnings Estimate for Kelly Services Issued By Sidoti

Kelly Services, Inc. (NASDAQ:KELYA) – Equities researchers at Sidoti lifted their FY2026 earnings per share estimates for shares of Kelly Services in a research note issued to investors on Monday, August 10th. Sidoti analyst M. Riddick now anticipates that the business services provider will post earnings per share of $1.09 for the year, up from their previous estimate of $0.81. The consensus estimate for Kelly Services’ current full-year earnings is $0.99 per share.

KELYA has been the subject of a number of other research reports. Zacks Research upgraded Kelly Services from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Barrington Research raised their price target on shares of Kelly Services from $15.00 to $20.00 and gave the company an “outperform” rating in a report on Monday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kelly Services in a research report on Friday. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kelly Services currently has an average rating of “Hold” and an average price target of $20.00.

Kelly Services Stock Performance

Kelly Services stock opened at $15.42 on Wednesday. The stock’s 50-day moving average is $13.52 and its 200-day moving average is $11.02. The company has a market cap of $534.61 million, a price-to-earnings ratio of -1.97, a price-to-earnings-growth ratio of 1.22 and a beta of 0.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.50 and a quick ratio of 1.50. Kelly Services has a 12 month low of $7.98 and a 12 month high of $17.75.

Kelly Services (NASDAQ:KELYA) last issued its earnings results on Thursday, August 6th. The business services provider reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.19. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Kelly Services had a positive return on equity of 2.69% and a negative net margin of 6.73%.During the same quarter last year, the firm earned $0.52 earnings per share.

Hedge Funds Weigh In On Kelly Services

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP lifted its position in shares of Kelly Services by 173.2% during the third quarter. Quarry LP now owns 1,970 shares of the business services provider’s stock worth $26,000 after purchasing an additional 1,249 shares in the last quarter. CANADA LIFE ASSURANCE Co purchased a new stake in Kelly Services during the 4th quarter worth $30,000. Meeder Asset Management Inc. acquired a new position in Kelly Services in the 4th quarter worth $42,000. Tower Research Capital LLC TRC lifted its holdings in Kelly Services by 83.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,324 shares of the business services provider’s stock worth $51,000 after buying an additional 1,967 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its position in Kelly Services by 284.2% in the 4th quarter. State of Alaska Department of Revenue now owns 7,220 shares of the business services provider’s stock valued at $63,000 after buying an additional 5,341 shares during the last quarter. Hedge funds and other institutional investors own 76.34% of the company’s stock.

Insider Activity

In other news, EVP Vanessa Peterson Williams sold 29,999 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $9.78, for a total value of $293,390.22. Following the completion of the sale, the executive vice president owned 82,355 shares in the company, valued at approximately $805,431.90. This trade represents a 26.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 5.40% of the company’s stock.

Kelly Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be given a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.30 annualized dividend and a dividend yield of 1.9%. Kelly Services’s dividend payout ratio is presently -3.84%.

Key Kelly Services News

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

• Positive Sentiment: Higher full-year earnings forecasts: Sidoti raised its FY2026 EPS estimate to $1.09 from $0.81, while Noble Financial increased its forecast to $1.21 from $1.16. Both estimates are above the roughly $0.99 consensus, suggesting analysts expect stronger profitability than previously projected.
• Positive Sentiment: Price-target increase: Barrington Research raised its price target to $20 from $15 and assigned an “outperform” rating. The new target implies approximately 29.7% upside from the referenced $15.42 level, providing a significant bullish catalyst. Barrington Research Forecasts Strong Price Appreciation for Kelly Services Stock
• Neutral Sentiment: Mixed analyst revisions: Sidoti reduced its Q3 FY2026 EPS forecast to $0.03 from $0.05, and Noble Financial cut its estimate to $0.14 from $0.18. However, Sidoti raised its Q4 forecast to $0.63 from $0.58, indicating that weakness may be concentrated in the third quarter. Analysts Offer Insights on Kelly Services
• Neutral Sentiment: Short-interest data offers little insight: Reported short interest was zero shares, unchanged from the prior period, with a zero-day short-interest ratio. This suggests limited evidence of short-selling pressure, although the reported figures may reflect a data-quality issue.

Kelly Services Company Profile

Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.