Kforce (NASDAQ:KFRC) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Kforce Inc. (NASDAQ:KFRC)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $34.65 and traded as high as $47.64. Kforce shares last traded at $47.1240, with a volume of 114,113 shares.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Zacks Research upgraded Kforce from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. William Blair upgraded shares of Kforce from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Finally, Robert W. Baird increased their price objective on shares of Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $39.67.

Kforce Trading Up 0.4%

The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16. The business’s fifty day moving average is $42.41 and its two-hundred day moving average is $34.65. The firm has a market cap of $840.32 million, a price-to-earnings ratio of 17.58 and a beta of 0.87.

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

Kforce Announces Dividend

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

Hedge Funds Weigh In On Kforce

Several large investors have recently made changes to their positions in KFRC. Deprince Race & Zollo Inc. lifted its holdings in Kforce by 30.7% in the fourth quarter. Deprince Race & Zollo Inc. now owns 499,733 shares of the business services provider’s stock valued at $15,452,000 after buying an additional 117,290 shares during the period. CWM LLC boosted its stake in Kforce by 105.2% in the fourth quarter. CWM LLC now owns 20,996 shares of the business services provider’s stock valued at $649,000 after acquiring an additional 10,764 shares during the last quarter. AdvisorShares Investments LLC acquired a new stake in Kforce during the 4th quarter worth $475,000. Abacus Wealth Partners LLC bought a new stake in shares of Kforce during the 4th quarter valued at $738,000. Finally, Inscription Capital LLC bought a new stake in shares of Kforce during the 4th quarter valued at $229,000. 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.