Equities research analysts expect Kforce, Inc. (NASDAQ:KFRC) to announce earnings per share (EPS) of $0.43 for the current quarter, Zacks reports. Four analysts have made estimates for Kforce’s earnings, with the lowest EPS estimate coming in at $0.42 and the highest estimate coming in at $0.43. Kforce posted earnings per share of $0.36 during the same quarter last year, which suggests a positive year over year growth rate of 19.4%. The business is scheduled to announce its next earnings results on Tuesday, February 6th.

On average, analysts expect that Kforce will report full-year earnings of $1.50 per share for the current fiscal year, with EPS estimates ranging from $1.49 to $1.54. For the next year, analysts anticipate that the business will post earnings of $1.76 per share, with EPS estimates ranging from $1.70 to $1.83. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Kforce.

Kforce (NASDAQ:KFRC) last released its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.45 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.45. Kforce had a net margin of 2.71% and a return on equity of 28.83%. The company had revenue of $341.05 million during the quarter, compared to analyst estimates of $340.67 million. During the same period in the prior year, the firm earned $0.44 earnings per share. The firm’s revenue for the quarter was up .2% compared to the same quarter last year.

KFRC has been the subject of a number of research reports. TheStreet raised shares of Kforce from a “c+” rating to a “b” rating in a research note on Monday, October 2nd. Northcoast Research upgraded shares of Kforce from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Robert W. Baird reiterated a “buy” rating and issued a $25.00 target price on shares of Kforce in a report on Friday, November 3rd. ValuEngine upgraded shares of Kforce from a “hold” rating to a “buy” rating in a report on Friday, October 27th. Finally, SunTrust Banks downgraded shares of Kforce from a “buy” rating to a “hold” rating and reduced their target price for the stock from $23.00 to $22.00 in a report on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $24.20.

In other news, CEO David L. Dunkel sold 17,000 shares of the company’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $23.90, for a total transaction of $406,300.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Kye L. Mitchell sold 2,550 shares of the company’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $24.35, for a total transaction of $62,092.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 67,950 shares of company stock worth $1,687,295. Corporate insiders own 13.30% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Kforce by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 2,067,198 shares of the business services provider’s stock worth $40,517,000 after buying an additional 33,998 shares during the period. Dimensional Fund Advisors LP increased its holdings in Kforce by 4.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,435,611 shares of the business services provider’s stock worth $28,138,000 after buying an additional 60,783 shares during the period. Macquarie Group Ltd. increased its holdings in Kforce by 22.2% in the 3rd quarter. Macquarie Group Ltd. now owns 1,387,703 shares of the business services provider’s stock worth $28,032,000 after buying an additional 251,643 shares during the period. Investment Counselors of Maryland LLC increased its holdings in Kforce by 6.5% in the 3rd quarter. Investment Counselors of Maryland LLC now owns 1,070,029 shares of the business services provider’s stock worth $21,615,000 after buying an additional 65,258 shares during the period. Finally, Deprince Race & Zollo Inc. increased its holdings in Kforce by 4.4% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 747,427 shares of the business services provider’s stock worth $15,098,000 after buying an additional 31,768 shares during the period. Hedge funds and other institutional investors own 78.77% of the company’s stock.

Kforce (NASDAQ KFRC) remained flat at $$26.05 during trading hours on Friday. The stock had a trading volume of 56,575 shares, compared to its average volume of 114,298. Kforce has a fifty-two week low of $16.75 and a fifty-two week high of $26.95. The company has a market capitalization of $689.47, a PE ratio of 18.22 and a beta of 1.67. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.91.

The company also recently announced a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Friday, December 8th were issued a $0.12 dividend. The ex-dividend date was Thursday, December 7th. This represents a $0.48 dividend on an annualized basis and a yield of 1.84%. Kforce’s dividend payout ratio is presently 33.57%.

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Kforce Company Profile

Kforce Inc (Kforce) is engaged in providing professional and technical specialty staffing services and solutions. The Company operates through three segments, which include Technology (Tech), Finance and Accounting (FA) and Government Solutions (GS). The Company’s Tech segment includes the operations of its subsidiary Kforce Global Solutions, Inc The FA segment is engaged in providing both temporary staffing and permanent placement services to its clients in areas, such as general accounting, business analysis and others.

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Earnings History and Estimates for Kforce (NASDAQ:KFRC)

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