Kforce (NASDAQ:KFRC) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Kforce Inc. (NASDAQ:KFRC)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $33.97 and traded as high as $48.94. Kforce shares last traded at $46.89, with a volume of 164,799 shares trading hands.

Analysts Set New Price Targets

Several research firms recently commented on KFRC. Robert W. Baird raised their target price on Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. William Blair raised Kforce from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. Finally, Zacks Research upgraded Kforce from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $39.67.

Kforce Trading Down 1.9%

The firm’s 50 day simple moving average is $40.46 and its two-hundred day simple moving average is $33.97. The stock has a market capitalization of $836.14 million, a P/E ratio of 17.50 and a beta of 0.87. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16.

Kforce (NASDAQ:KFRC) last released its quarterly earnings data on Monday, April 27th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.06. The company had revenue of $330.36 million for the quarter, compared to analysts’ expectations of $329.32 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The business’s revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.45 EPS. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. As a group, analysts forecast that Kforce Inc. will post 2.7 earnings per share for the current fiscal year.

Kforce Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Friday, June 12th. Kforce’s dividend payout ratio is 80.81%.

Institutional Investors Weigh In On Kforce

A number of hedge funds have recently added to or reduced their stakes in KFRC. Deprince Race & Zollo Inc. raised its position in shares of Kforce by 30.7% during the fourth quarter. Deprince Race & Zollo Inc. now owns 499,733 shares of the business services provider’s stock worth $15,452,000 after purchasing an additional 117,290 shares during the period. CWM LLC grew its position in Kforce by 105.2% in the 4th quarter. CWM LLC now owns 20,996 shares of the business services provider’s stock valued at $649,000 after purchasing an additional 10,764 shares during the period. AdvisorShares Investments LLC acquired a new stake in Kforce in the 4th quarter valued at $475,000. Abacus Wealth Partners LLC bought a new stake in Kforce during the 4th quarter valued at $738,000. Finally, GSA Capital Partners LLP increased its stake in Kforce by 19.5% during the 4th quarter. GSA Capital Partners LLP now owns 29,358 shares of the business services provider’s stock valued at $908,000 after purchasing an additional 4,800 shares in the last quarter. Institutional investors and hedge funds own 92.77% of the company’s stock.

Kforce Company Profile

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.