Kforce (NASDAQ:KFRC) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Kforce Inc. (NASDAQ:KFRC)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $31.89 and traded as high as $42.77. Kforce shares last traded at $41.4990, with a volume of 156,886 shares changing hands.

Analysts Set New Price Targets

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

Kforce Stock Up 0.2%

The business has a fifty day moving average of $34.24 and a 200 day moving average of $31.97. The stock has a market cap of $742.35 million, a price-to-earnings ratio of 15.53 and a beta of 0.87. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06.

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

Kforce Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, June 12th. Kforce’s dividend payout ratio (DPR) is 80.81%.

Hedge Funds Weigh In On Kforce

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC grew its position in shares of Kforce by 427.2% in the fourth quarter. Parallel Advisors LLC now owns 854 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 692 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Kforce by 117.7% in the third quarter. EverSource Wealth Advisors LLC now owns 910 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 492 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Kforce in the fourth quarter valued at about $31,000. Allworth Financial LP grew its position in shares of Kforce by 212.3% in the fourth quarter. Allworth Financial LP now owns 1,240 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 843 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Kforce by 29.6% in the fourth quarter. GAMMA Investing LLC now owns 1,868 shares of the business services provider’s stock valued at $58,000 after purchasing an additional 427 shares during the last quarter. Institutional investors and hedge funds own 92.77% of the company’s stock.

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.