Kforce (NASDAQ:KFRC) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Kforce Inc. (NASDAQ:KFRC)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $32.21 and traded as high as $35.55. Kforce shares last traded at $34.80, with a volume of 122,037 shares trading hands.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Zacks Research upgraded Kforce from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. UBS Group dropped their price objective on Kforce from $40.00 to $34.50 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Finally, Truist Financial decreased their target price on shares of Kforce from $46.00 to $35.00 and set a “hold” rating on the stock in a research note on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $34.75.

Kforce Stock Down 0.9%

The company’s fifty day simple moving average is $31.33 and its 200 day simple moving average is $32.13. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $631.31 million, a P/E ratio of 12.99 and a beta of 0.55.

Kforce (NASDAQ:KFRC) last released its quarterly earnings results on Monday, November 3rd. The business services provider reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.06. The company had revenue of $332.65 million during the quarter, compared to the consensus estimate of $328.34 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. Kforce’s revenue was down 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.75 earnings per share. Kforce has set its Q4 2025 guidance at 0.430-0.510 EPS. Research analysts expect that Kforce Inc. will post 2.7 EPS for the current year.

Kforce Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, December 5th. Kforce’s dividend payout ratio is presently 68.72%.

Institutional Trading of Kforce

Hedge funds and other institutional investors have recently modified their holdings of the business. AQR Capital Management LLC lifted its position in Kforce by 9.7% during the 1st quarter. AQR Capital Management LLC now owns 22,785 shares of the business services provider’s stock valued at $1,114,000 after acquiring an additional 2,017 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Kforce by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,841 shares of the business services provider’s stock valued at $530,000 after purchasing an additional 474 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Kforce by 3.5% during the first quarter. Millennium Management LLC now owns 133,829 shares of the business services provider’s stock valued at $6,543,000 after purchasing an additional 4,511 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Kforce by 64.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 251,712 shares of the business services provider’s stock worth $12,306,000 after purchasing an additional 99,050 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Kforce by 5.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 39,416 shares of the business services provider’s stock worth $1,927,000 after buying an additional 2,159 shares during the last quarter. 92.77% of the stock is owned by hedge funds and other institutional investors.

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.