Kforce (NASDAQ:KFRC) Shares Pass Above 200-Day Moving Average – Should You Sell?

Kforce Inc. (NASDAQ:KFRC) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $30.73 and traded as high as $43.58. Kforce shares last traded at $43.40, with a volume of 184,931 shares traded.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on KFRC shares. UBS Group lifted their target price on Kforce from $34.50 to $39.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Truist Financial lifted their target price on Kforce from $35.00 to $38.00 and gave the stock a “hold” rating in a research report on Tuesday, January 27th. Robert W. Baird lifted their target price on Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. Zacks Research raised Kforce from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, William Blair raised Kforce from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Kforce presently has a consensus rating of “Moderate Buy” and an average target price of $39.67.

Kforce Stock Performance

The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. The stock has a market capitalization of $773.91 million, a P/E ratio of 16.19 and a beta of 0.87. The company has a fifty day moving average of $30.51 and a two-hundred day moving average of $30.73.

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

Kforce Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Friday, June 12th. Kforce’s payout ratio is presently 80.81%.

Hedge Funds Weigh In On Kforce

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. boosted its stake in Kforce by 4.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 893,564 shares of the business services provider’s stock valued at $27,629,000 after acquiring an additional 41,740 shares during the period. New South Capital Management Inc. boosted its stake in Kforce by 18.1% in the third quarter. New South Capital Management Inc. now owns 709,550 shares of the business services provider’s stock valued at $21,272,000 after acquiring an additional 108,507 shares during the period. Copeland Capital Management LLC boosted its stake in Kforce by 51.5% in the first quarter. Copeland Capital Management LLC now owns 666,331 shares of the business services provider’s stock valued at $19,484,000 after acquiring an additional 226,520 shares during the period. Deprince Race & Zollo Inc. boosted its stake in Kforce by 30.7% in the fourth quarter. Deprince Race & Zollo Inc. now owns 499,733 shares of the business services provider’s stock valued at $15,452,000 after acquiring an additional 117,290 shares during the period. Finally, AQR Capital Management LLC boosted its stake in Kforce by 81.3% in the fourth 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 during the period. 92.77% of the stock is currently owned by institutional investors and hedge funds.

Kforce Company Profile

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.