Kforce (KFRC) Set to Announce Quarterly Earnings on Monday

Kforce (NASDAQ:KFRC) will issue its quarterly earnings data after the market closes on Monday, February 5th.

Kforce (NASDAQ:KFRC) last issued its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.45 EPS for the quarter, hitting analysts’ consensus estimates of $0.45. Kforce had a return on equity of 29.21% and a net margin of 2.96%. The firm had revenue of $341.05 million for the quarter, compared to analysts’ expectations of $340.67 million. During the same period in the previous year, the firm posted $0.44 EPS. The business’s revenue for the quarter was up .2% compared to the same quarter last year. On average, analysts expect Kforce to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Kforce (NASDAQ:KFRC) opened at $26.45 on Monday. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.95 and a quick ratio of 2.95. Kforce has a 12-month low of $16.75 and a 12-month high of $27.30. The company has a market capitalization of $696.09, a P/E ratio of 18.50 and a beta of 1.68.

KFRC has been the topic of a number of analyst reports. Zacks Investment Research cut Kforce from a “hold” rating to a “sell” rating in a research report on Saturday, October 28th. TheStreet raised Kforce from a “c+” rating to a “b” rating in a research report on Monday, October 2nd. SunTrust Banks cut Kforce from a “buy” rating to a “hold” rating and dropped their price target for the stock from $23.00 to $22.00 in a research report on Wednesday, October 11th. BidaskClub cut Kforce from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 27th. Finally, ValuEngine raised Kforce from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $24.83.

In related news, Director N John Simmons sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $23.31, for a total value of $116,550.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, President Joseph J. Liberatore sold 21,380 shares of the company’s stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $27.15, for a total value of $580,467.00. The disclosure for this sale can be found here. Insiders sold a total of 105,137 shares of company stock worth $2,686,362 over the last ninety days. 13.30% of the stock is currently owned by insiders.

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Kforce Company Profile

Kforce Inc (Kforce) is engaged in providing professional and technical specialty staffing services and solutions. The Company operates through three segments, which include Technology (Tech), Finance and Accounting (FA) and Government Solutions (GS). The Company’s Tech segment includes the operations of its subsidiary Kforce Global Solutions, Inc The FA segment is engaged in providing both temporary staffing and permanent placement services to its clients in areas, such as general accounting, business analysis and others.

Earnings History for Kforce (NASDAQ:KFRC)

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