Kelly Services, Inc. (NASDAQ:KELYA) has earned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Zacks has also assigned Kelly Services an industry rank of 59 out of 265 based on the ratings given to its competitors.

A number of equities research analysts recently weighed in on KELYA shares. Zacks Investment Research upgraded Kelly Services from a “hold” rating to a “strong-buy” rating and set a $32.00 price target on the stock in a research note on Tuesday, November 14th. BidaskClub cut Kelly Services from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th.

Shares of Kelly Services (NASDAQ:KELYA) opened at $28.55 on Tuesday. Kelly Services has a 12 month low of $20.27 and a 12 month high of $30.93. The stock has a market capitalization of $1,090.00, a P/E ratio of 15.27 and a beta of 1.11.

Kelly Services (NASDAQ:KELYA) last announced its quarterly earnings data on Wednesday, November 8th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.27. Kelly Services had a return on equity of 8.28% and a net margin of 1.65%. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the prior year, the business posted $0.44 EPS. The business’s revenue was up 6.5% compared to the same quarter last year. equities analysts expect that Kelly Services will post 2.04 earnings per share for the current year.

In other Kelly Services news, Director Jane E. Dutton sold 6,900 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $29.05, for a total transaction of $200,445.00. Following the transaction, the director now owns 24,180 shares in the company, valued at approximately $702,429. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Leslie A. Murphy sold 7,500 shares of the stock in a transaction on Friday, November 17th. The stock was sold at an average price of $28.69, for a total value of $215,175.00. Following the transaction, the director now owns 22,695 shares in the company, valued at approximately $651,119.55. The disclosure for this sale can be found here. In the last 90 days, insiders sold 17,400 shares of company stock worth $499,800. 13.30% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Walthausen & Co. LLC acquired a new stake in shares of Kelly Services during the 3rd quarter worth $3,575,000. California Public Employees Retirement System grew its holdings in shares of Kelly Services by 2.3% during the 3rd quarter. California Public Employees Retirement System now owns 142,241 shares of the business services provider’s stock worth $3,569,000 after purchasing an additional 3,241 shares in the last quarter. Allianz Asset Management GmbH grew its holdings in shares of Kelly Services by 8.0% during the 3rd quarter. Allianz Asset Management GmbH now owns 154,868 shares of the business services provider’s stock worth $3,886,000 after purchasing an additional 11,508 shares in the last quarter. Mackenzie Financial Corp acquired a new stake in shares of Kelly Services during the 3rd quarter worth $954,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Kelly Services by 0.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,945,394 shares of the business services provider’s stock worth $73,900,000 after purchasing an additional 9,868 shares in the last quarter. 65.91% of the stock is currently owned by institutional investors.

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About Kelly Services

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).

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