Kforce (NASDAQ:KFRC) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Kforce (NASDAQ:KFRC) released its quarterly earnings results on Monday. The business services provider reported $0.73 EPS for the quarter, topping the consensus estimate of $0.70 by $0.03, Briefing.com reports. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 EPS. Kforce updated its Q3 2026 guidance to 0.710-0.790 EPS.

Kforce Stock Up 5.5%

Shares of Kforce stock traded up $3.03 on Monday, hitting $58.15. 483,125 shares of the company’s stock traded hands, compared to its average volume of 253,115. Kforce has a 52-week low of $24.49 and a 52-week high of $60.70. 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 stock has a market cap of $1.04 billion, a P/E ratio of 21.70 and a beta of 0.87. The firm’s 50-day moving average is $49.43 and its 200 day moving average is $38.22.

Institutional Trading of Kforce

Several institutional investors have recently added to or reduced their stakes in KFRC. Jacobs Levy Equity Management Inc. grew its position in shares of Kforce by 144.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 411,706 shares of the business services provider’s stock worth $12,343,000 after acquiring an additional 243,303 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Kforce by 258.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 285,019 shares of the business services provider’s stock valued at $8,545,000 after acquiring an additional 205,457 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Kforce by 81.3% during the 4th quarter. AQR Capital Management LLC now owns 442,523 shares of the business services provider’s stock valued at $13,683,000 after acquiring an additional 198,447 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Kforce by 90.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 310,403 shares of the business services provider’s stock worth $9,598,000 after purchasing an additional 147,503 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC lifted its stake in Kforce by 49.6% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 409,575 shares of the business services provider’s stock worth $12,279,000 after purchasing an additional 135,804 shares during the last quarter. 92.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on KFRC shares. Robert W. Baird boosted their target price on shares of Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. UBS Group reaffirmed a “neutral” rating on shares of Kforce in a report on Thursday. William Blair raised shares of Kforce from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. Zacks Research lowered shares of Kforce from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, Truist Financial raised their target price on Kforce from $38.00 to $60.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Kforce presently has an average rating of “Hold” and a consensus price target of $47.00.

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.