News articles about Kforce (NASDAQ:KFRC) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kforce earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 44.7504034365778 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
Several brokerages have issued reports on KFRC. BidaskClub raised shares of Kforce from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Zacks Investment Research cut shares of Kforce from a “buy” rating to a “hold” rating in a research note on Tuesday. Northcoast Research raised shares of Kforce from a “neutral” rating to a “buy” rating in a research note on Monday, November 6th. Robert W. Baird reissued a “buy” rating and issued a $25.00 price objective on shares of Kforce in a research note on Friday, November 3rd. Finally, ValuEngine raised shares of Kforce from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Five analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $24.83.
Kforce (KFRC) opened at $26.90 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.95 and a current ratio of 2.95. Kforce has a 12 month low of $16.75 and a 12 month high of $27.30. The firm has a market cap of $711.97, a price-to-earnings ratio of 18.94 and a beta of 1.68.
Kforce (NASDAQ:KFRC) last posted its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.45 earnings per share for the quarter, hitting 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 analysts’ expectations of $340.67 million. During the same period in the prior year, the company posted $0.44 EPS. The business’s revenue for the quarter was up .2% on a year-over-year basis. research analysts predict that Kforce will post 1.5 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Friday, December 8th were paid a dividend of $0.12 per share. The ex-dividend date was Thursday, December 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.78%. Kforce’s dividend payout ratio (DPR) is presently 33.80%.
In related news, CEO David L. Dunkel sold 17,000 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $23.90, for a total value of $406,300.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, President Joseph J. Liberatore sold 21,380 shares of the business’s stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $27.15, for a total transaction of $580,467.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 105,137 shares of company stock worth $2,686,362. Corporate insiders own 13.30% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Kforce (NASDAQ:KFRC) Stock Price” was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this report on another website, it was copied illegally and republished in violation of United States and international copyright law. The correct version of this report can be viewed at https://www.dispatchtribunal.com/2018/01/12/kforce-kfrc-getting-somewhat-favorable-media-coverage-report-shows.html.
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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