Kforce (NASDAQ:KFRC) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Kforce Inc. (NASDAQ:KFRC) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $32.57 and traded as high as $34.75. Kforce shares last traded at $34.5980, with a volume of 137,009 shares changing hands.

Analyst Ratings Changes

KFRC has been the subject of several research reports. Truist Financial dropped their price target on Kforce from $46.00 to $35.00 and set a “hold” rating for the company in a report on Monday, October 13th. UBS Group lowered their price objective on Kforce from $40.00 to $34.50 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Finally, Zacks Research raised shares of Kforce from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $34.75.

Kforce Trading Up 2.3%

The firm’s fifty day simple moving average is $30.85 and its 200 day simple moving average is $32.57. The stock has a market capitalization of $627.64 million, a P/E ratio of 12.91 and a beta of 0.55. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06.

Kforce (NASDAQ:KFRC) last issued its quarterly earnings results on Monday, November 3rd. The business services provider reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.06. The company had revenue of $332.65 million during the quarter, compared to the consensus estimate of $328.34 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The firm’s quarterly revenue was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.75 EPS. Kforce has set its Q4 2025 guidance at 0.430-0.510 EPS. As a group, equities research analysts forecast that Kforce Inc. will post 2.7 EPS for the current fiscal year.

Kforce Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, December 5th. Kforce’s dividend payout ratio (DPR) is currently 68.72%.

Hedge Funds Weigh In On Kforce

A number of institutional investors have recently modified their holdings of KFRC. EverSource Wealth Advisors LLC lifted its position in shares of Kforce by 117.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 910 shares of the business services provider’s stock worth $27,000 after buying an additional 492 shares during the last quarter. State of Alaska Department of Revenue bought a new position in Kforce in the third quarter valued at about $29,000. GAMMA Investing LLC raised its stake in Kforce by 752.7% during the third quarter. GAMMA Investing LLC now owns 1,441 shares of the business services provider’s stock worth $43,000 after acquiring an additional 1,272 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Kforce by 3,756.3% in the second quarter. Parkside Financial Bank & Trust now owns 1,234 shares of the business services provider’s stock worth $51,000 after acquiring an additional 1,202 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Kforce by 273.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,865 shares of the business services provider’s stock valued at $77,000 after purchasing an additional 1,365 shares in the last quarter. Institutional investors and hedge funds own 92.77% of the company’s stock.

About Kforce

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.