For its third fiscal quarter (ending September 30), Kelly Services Inc. (NASDAQ: KELYA) has reported E.P.S. of $0.18 compared to $-0.43 a year ago. Relative to the consensus estimate of $0.25, this was a shortfall of $-0.08. For the latest four quarters through September 30, E.P.S. were $0.66 compared to $0.18 a year ago — an increase of 267%.
Recent Price Action
Kelly Services Inc. (NASDAQ: KELYA) stock enjoyed a large increase of 4.6% on 11/9/23. The stock closed at $19.47. The stock has been exceptionally strong relative to the market over the last nine months and has risen 7.6% during the last week.
Current PriceTarget Research Rating
KELYA is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Kelly Services has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Kelly Services has a good Appreciation Score of 75 and a good Power Rating of 81, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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