Kforce (NASDAQ:KFRC) Hits New 12-Month High – Still a Buy?

Kforce Inc. (NASDAQ:KFRC) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $50.90 and last traded at $50.3650, with a volume of 53444 shares trading hands. The stock had previously closed at $46.92.

Analyst Upgrades and Downgrades

KFRC has been the subject of several recent research reports. William Blair upgraded shares of Kforce from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Robert W. Baird increased their target price on Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Finally, Zacks Research lowered Kforce from a “strong-buy” rating to a “hold” rating in a research report on Monday. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $39.67.

Kforce Trading Up 7.2%

The company has a fifty day moving average of $43.47 and a two-hundred day moving average of $35.04. 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 capitalization of $897.31 million, a price-to-earnings ratio of 18.78 and a beta of 0.87.

Kforce (NASDAQ:KFRC) last released its earnings results on Monday, April 27th. The business services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.40 by $0.06. The company had revenue of $330.36 million during the quarter, compared to analysts’ expectations of $329.32 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The business’s revenue was up .1% on a year-over-year basis. During the same quarter last year, the business earned $0.45 EPS. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. On average, research analysts expect that Kforce Inc. will post 2.7 EPS for the current year.

Kforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, June 12th. Kforce’s dividend payout ratio (DPR) is presently 80.81%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in KFRC. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Kforce by 144.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 411,706 shares of the business services provider’s stock valued at $12,343,000 after purchasing an additional 243,303 shares in the last quarter. Copeland Capital Management LLC raised its position in shares of Kforce by 51.5% during the 1st quarter. Copeland Capital Management LLC now owns 666,331 shares of the business services provider’s stock worth $19,484,000 after purchasing an additional 226,520 shares during 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 worth $8,545,000 after purchasing an additional 205,457 shares during the last quarter. AQR Capital Management LLC lifted its stake in Kforce by 81.3% in 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 buying an additional 198,447 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Kforce by 90.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 310,403 shares of the business services provider’s stock valued at $9,598,000 after buying an additional 147,503 shares during the last quarter. 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.