Kforce President Joseph Liberatore Sells 34,974 Shares (KFRC)
Kforce (NASDAQ:KFRC) President Joseph Liberatore sold 34,974 shares of the stock on the open market in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $17.19, for a total value of $601,203.06. Following the sale, the president now directly owns 311,956 shares in the company. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on KFRC shares. Analysts at SunTrust raised their price target on shares of Kforce (NASDAQ:KFRC) from $14.00 to $17.00 in a research note to investors on Thursday, August 1st. They now have a “neutral” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Kforce (NASDAQ:KFRC) from $13.00 to $16.00 in a research note to investors on Thursday, August 1st. They now have a “hold” rating on the stock. Finally, analysts at Zacks upgraded shares of Kforce (NASDAQ:KFRC) from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, July 3rd. They now have a $15.40 price target on the stock.
Kforce (NASDAQ:KFRC) traded down 1.21% during mid-day trading on Wednesday, hitting $17.08. The stock had a trading volume of 83,610 shares. Kforce has a 52 week low of $10.66 and a 52 week high of $17.30. The stock has a 50-day moving average of $16.55 and a 200-day moving average of $15.43. The company has a market cap of $565.9 million and a price-to-earnings ratio of 23.95.
Kforce (NASDAQ:KFRC) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.20 by $0.01. The company had revenue of $283.70 million for the quarter, compared to the consensus estimate of $277.78 million. During the same quarter last year, the company posted $0.24 earnings per share. Kforce’s revenue was up 3.5% compared to the same quarter last year. On average, analysts predict that Kforce will post $0.84 earnings per share for the current fiscal year.
Kforce Inc (NASDAQ:KFRC) is a provider of professional and technical specialty staffing services and solutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.