Kelly Services (KELYA) Getting Positive Press Coverage, Accern Reports

News stories about Kelly Services (NASDAQ:KELYA) have trended positive recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kelly Services earned a coverage optimism score of 0.30 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 47.1542790045213 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Kelly Services (NASDAQ:KELYA) traded down $0.37 during midday trading on Friday, hitting $27.38. The company had a trading volume of 204,288 shares, compared to its average volume of 161,880. Kelly Services has a 52-week low of $20.27 and a 52-week high of $30.93. The stock has a market capitalization of $1,066.29, a price-to-earnings ratio of 15.13 and a beta of 1.12.

Kelly Services (NASDAQ:KELYA) last released its quarterly earnings results on Thursday, February 1st. The business services provider reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.18. Kelly Services had a return on equity of 7.92% and a net margin of 1.33%. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the company posted $0.55 earnings per share. The business’s revenue was up 9.0% on a year-over-year basis. equities research analysts forecast that Kelly Services will post 2.35 earnings per share for the current fiscal year.

Several equities analysts have issued reports on the company. BidaskClub raised Kelly Services from a “sell” rating to a “hold” rating in a report on Saturday, January 20th. Zacks Investment Research raised Kelly Services from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a report on Wednesday. Finally, ValuEngine raised Kelly Services from a “hold” rating to a “buy” rating in a report on Friday, February 2nd.

In related news, Director Leslie A. Murphy sold 7,500 shares of the firm’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $28.69, for a total value of $215,175.00. Following the completion of the sale, the director now owns 22,695 shares in the company, valued at $651,119.55. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Jane E. Dutton sold 6,900 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $29.05, for a total transaction of $200,445.00. Following the completion of the sale, the director now owns 24,180 shares of the company’s stock, valued at approximately $702,429. The disclosure for this sale can be found here. In the last three months, insiders have sold 17,400 shares of company stock worth $499,800. Corporate insiders own 16.10% of the company’s stock.

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Kelly Services Company Profile

Kelly Services, Inc is a workforce solutions provider, which is engaged in offering a range of specialty services. The Company provides workforce solutions in three regions: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). The Company’s segments are Americas Commercial, Americas Professional and Technical (Americas PT), EMEA Commercial, EMEA Professional and Technical (EMEA PT), and Outsourcing and Consulting Group (OCG).

Insider Buying and Selling by Quarter for Kelly Services (NASDAQ:KELYA)

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