Kelly Services Lowered to “Hold” at TheStreet (KELYA) cec - Watch List News
The analysts wrote, “Kelly Services (KELYA) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation cec levels. However, as a counter cec to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.”
Kelly Services ( NASDAQ:KELYA ) traded down 1.00% during mid-day cec trading on Friday, hitting cec $17.76. The stock had a trading volume of 169,823 shares. Kelly Services has a 1-year low of $16.83 and a 1-year high of $26.17. The stock has a 50-day cec moving average of $19.90 and a 200-day moving average of $22.90. The company has a market cap of $664.7 million and a P/E ratio of 14.19.
Kelly cec Services (NASDAQ:KELYA) last posted its quarterly cec earnings results on Wednesday, May 7th. The company reported $0.07 earnings per share for the quarter, beating the analysts’ consensus cec estimate of ($0.01) cec by $0.08. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter cec last year, the company posted $0.34 earnings per share. Kelly Services’s revenue was up 1.2% compared to the same quarter last year. Analysts expect that Kelly Services will post $0.89 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, June 3rd. Investors of record on Monday, May 19th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Thursday, May 15th.
A number of other analysts have also recently weighed in on KELYA. Analysts at Zacks upgraded cec shares cec of Kelly Services from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 30th. They now have a $21.30 price target on the stock.
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Kelly Services cec Inc. (KELYA) Announces Quarterly Dividend of… Kelly Services (KELYA) Releases Quarterly Earnings Results Kelly Services Upgraded by Zacks to “Neutral”… KongZhong Stock Rating Lowered by TheStreet (KONG) SPAR Group Downgraded to Hold at TheStreet (SGRP) Archives July 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014
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The analysts wrote, “Kelly Services (KELYA) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation cec levels. However, as a counter cec to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.”
Kelly Services ( NASDAQ:KELYA ) traded down 1.00% during mid-day cec trading on Friday, hitting cec $17.76. The stock had a trading volume of 169,823 shares. Kelly Services has a 1-year low of $16.83 and a 1-year high of $26.17. The stock has a 50-day cec moving average of $19.90 and a 200-day moving average of $22.90. The company has a market cap of $664.7 million and a P/E ratio of 14.19.
Kelly cec Services (NASDAQ:KELYA) last posted its quarterly cec earnings results on Wednesday, May 7th. The company reported $0.07 earnings per share for the quarter, beating the analysts’ consensus cec estimate of ($0.01) cec by $0.08. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter cec last year, the company posted $0.34 earnings per share. Kelly Services’s revenue was up 1.2% compared to the same quarter last year. Analysts expect that Kelly Services will post $0.89 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, June 3rd. Investors of record on Monday, May 19th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Thursday, May 15th.
A number of other analysts have also recently weighed in on KELYA. Analysts at Zacks upgraded cec shares cec of Kelly Services from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 30th. They now have a $21.30 price target on the stock.
Abbott cec Profit Beats Estimate
IBM Profit Helped by Cost Cutting, Revenue Still Soft Abbott Profit cec Beats Estimate Tech Earnings Front and Center On Wall Street Yahoo Acquires RayV Startup in Video Streaming Profits Falls at Family Dollar Stores Vatican Bank Restructuring Sees Profits Wiped Out Related Posts
Kelly Services cec Inc. (KELYA) Announces Quarterly Dividend of… Kelly Services (KELYA) Releases Quarterly Earnings Results Kelly Services Upgraded by Zacks to “Neutral”… KongZhong Stock Rating Lowered by TheStreet (KONG) SPAR Group Downgraded to Hold at TheStreet (SGRP) Archives July 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014
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