News headlines about Kforce (NASDAQ:KFRC) have trended somewhat negative recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kforce earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 44.375565441543 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
A number of equities research analysts have recently weighed in on KFRC shares. Zacks Investment Research raised Kforce from a “hold” rating to a “buy” rating and set a $29.00 target price for the company in a report on Saturday, February 3rd. ValuEngine raised Kforce from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. BidaskClub downgraded Kforce from a “strong-buy” rating to a “buy” rating in a report on Tuesday, January 16th. Northcoast Research reissued a “buy” rating and set a $33.00 target price on shares of Kforce in a report on Wednesday, February 7th. Finally, Robert W. Baird lifted their target price on Kforce from $25.00 to $28.00 and gave the stock an “outperform” rating in a report on Wednesday, February 7th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Kforce presently has an average rating of “Hold” and a consensus target price of $26.80.
KFRC stock opened at $27.25 on Friday. The stock has a market capitalization of $728.73, a P/E ratio of 17.36 and a beta of 1.53. Kforce has a 52 week low of $16.75 and a 52 week high of $29.35. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.93 and a quick ratio of 2.93.
Kforce (NASDAQ:KFRC) last posted its quarterly earnings results on Tuesday, February 6th. The business services provider reported $0.45 EPS for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.02. The business had revenue of $342.60 million during the quarter, compared to the consensus estimate of $340.02 million. Kforce had a return on equity of 29.84% and a net margin of 2.45%. Kforce’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.36 earnings per share. sell-side analysts predict that Kforce will post 2.13 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, March 23rd. Investors of record on Friday, March 9th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend was Thursday, March 8th. Kforce’s dividend payout ratio (DPR) is presently 30.57%.
In related news, President Joseph J. Liberatore sold 20,000 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $27.85, for a total value of $557,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO David L. Dunkel sold 10,000 shares of the business’s stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $29.01, for a total value of $290,100.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 68,516 shares of company stock valued at $1,852,919. 13.30% of the stock is owned by insiders.
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Kforce Inc provides professional staffing services and solutions in the United States and internationally. It operates through Technology (Tech), Finance and Accounting (FA), and Government Solutions (GS) segments. The Tech segment provides temporary staffing and permanent placement services to its clients primarily in the areas of information technology, such as systems/applications architecture and development, project management, enterprise data management, business intelligence, artificial intelligence, machine learning, network architecture, and security.
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