Kelly Services (KELYA) Expected to Announce Earnings on Thursday

Kelly Services (NASDAQ:KELYA) is projected to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Kelly Services to post earnings of $0.65 per share and revenue of $1.15 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Kelly Services Stock Performance

Shares of KELYA opened at $13.44 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a 50 day simple moving average of $13.83 and a 200-day simple moving average of $17.53. Kelly Services has a 1-year low of $12.68 and a 1-year high of $25.27. The stock has a market cap of $478.60 million, a price-to-earnings ratio of 11.69, a price-to-earnings-growth ratio of 0.40 and a beta of 1.11.

Insider Transactions at Kelly Services

In other Kelly Services news, SVP Daniel H. Malan acquired 3,500 shares of the stock in a transaction dated Wednesday, November 20th. The stock was acquired at an average price of $13.88 per share, with a total value of $48,580.00. Following the completion of the transaction, the senior vice president now directly owns 95,906 shares in the company, valued at approximately $1,331,175.28. This trade represents a 3.79 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 3.90% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Barrington Research dropped their price target on Kelly Services from $29.00 to $25.00 and set an “outperform” rating for the company in a research report on Monday, November 18th.

About Kelly Services

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.