What is Sidoti’s Estimate for Kelly Services Q3 Earnings?

Kelly Services, Inc. (NASDAQ:KELYA) – Analysts at Sidoti dropped their Q3 2026 earnings per share (EPS) estimates for Kelly Services in a research note issued to investors on Monday, August 10th. Sidoti analyst M. Riddick now forecasts that the business services provider will post earnings per share of $0.03 for the quarter, down from their prior estimate of $0.05. The consensus estimate for Kelly Services’ current full-year earnings is $1.01 per share. Sidoti also issued estimates for Kelly Services’ Q4 2026 earnings at $0.63 EPS.

A number of other equities analysts have also issued reports on the stock. Barrington Research upped their target price on shares of Kelly Services from $15.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday. Weiss Ratings restated a “sell (d-)” rating on shares of Kelly Services in a research report on Friday. Finally, Zacks Research raised Kelly Services from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Kelly Services has a consensus rating of “Hold” and a consensus price target of $20.00.

Kelly Services Trading Up 3.2%

KELYA opened at $15.67 on Tuesday. Kelly Services has a 1-year low of $7.98 and a 1-year high of $17.75. The stock has a market capitalization of $543.28 million, a PE ratio of -2.01, a PEG ratio of 1.15 and a beta of 0.83. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.08. The firm has a 50-day moving average price of $13.44 and a two-hundred day moving average price of $10.99.

Kelly Services (NASDAQ:KELYA) last issued its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.19. Kelly Services had a negative net margin of 6.73% and a positive return on equity of 2.69%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the company earned $0.52 EPS.

Kelly Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 1.9%. The ex-dividend date is Wednesday, August 19th. Kelly Services’s dividend payout ratio is currently -3.84%.

Insider Transactions at Kelly Services

In other Kelly Services news, EVP Vanessa Peterson Williams sold 29,999 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $9.78, for a total value of $293,390.22. Following the transaction, the executive vice president directly owned 82,355 shares of the company’s stock, valued at approximately $805,431.90. This trade represents a 26.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.40% of the company’s stock.

Institutional Investors Weigh In On Kelly Services

A number of institutional investors have recently made changes to their positions in KELYA. Vanguard Group Inc. lifted its stake in Kelly Services by 7.9% in the third quarter. Vanguard Group Inc. now owns 2,071,363 shares of the business services provider’s stock valued at $27,176,000 after buying an additional 151,655 shares during the period. Boston Partners increased its stake in shares of Kelly Services by 0.4% in the 3rd quarter. Boston Partners now owns 2,051,499 shares of the business services provider’s stock valued at $26,908,000 after acquiring an additional 9,020 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Kelly Services by 39.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,908,900 shares of the business services provider’s stock valued at $16,798,000 after acquiring an additional 544,309 shares during the period. Private Management Group Inc. boosted its stake in Kelly Services by 101.8% during the 4th quarter. Private Management Group Inc. now owns 1,268,649 shares of the business services provider’s stock worth $11,164,000 after acquiring an additional 640,076 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in Kelly Services by 8.5% during the first quarter. Millennium Management LLC now owns 1,188,264 shares of the business services provider’s stock valued at $15,649,000 after purchasing an additional 93,026 shares during the period. 76.34% of the stock is owned by institutional investors and hedge funds.

About Kelly Services

Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.