Media coverage about Kforce (NASDAQ:KFRC) has been trending somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kforce earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 46.6957465158088 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
Shares of Kforce (NASDAQ KFRC) traded down $0.05 during trading on Friday, reaching $24.05. 93,200 shares of the company’s stock were exchanged, compared to its average volume of 128,059. 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 twelve month low of $16.75 and a twelve month high of $26.95. The firm has a market cap of $637.86, a price-to-earnings ratio of 16.28 and a beta of 1.57.
Kforce (NASDAQ:KFRC) last issued its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.45 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.45. Kforce had a net margin of 2.71% and a return on equity of 28.83%. The business had revenue of $341.05 million for the quarter, compared to analyst estimates of $340.67 million. During the same quarter in the prior year, the business posted $0.44 EPS. Kforce’s revenue for the quarter was up .2% compared to the same quarter last year. equities research analysts anticipate that Kforce will post 1.5 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.00%. Kforce’s payout ratio is currently 33.57%.
A number of equities research analysts recently commented on the stock. Northcoast Research raised shares of Kforce from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. Robert W. Baird restated a “buy” rating and set a $25.00 price target on shares of Kforce in a research note on Friday, November 3rd. Zacks Investment Research lowered shares of Kforce from a “hold” rating to a “sell” rating in a research note on Saturday, October 28th. ValuEngine upgraded shares of Kforce from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Finally, SunTrust Banks, Inc. lowered shares of Kforce from a “buy” rating to a “hold” rating and cut their price target for the company from $23.00 to $22.00 in a research note on Wednesday, October 11th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. Kforce currently has an average rating of “Hold” and a consensus price target of $24.20.
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In other news, CFO David M. Kelly sold 15,000 shares of the stock in a transaction on Monday, November 6th. The shares were sold at an average price of $24.05, for a total value of $360,750.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO David L. Dunkel sold 17,000 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $23.90, for a total transaction of $406,300.00. The disclosure for this sale can be found here. Insiders sold 43,700 shares of company stock worth $1,008,295 in the last quarter. Company insiders own 13.30% of the company’s stock.
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.
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