Kforce Inc (NYSE: KFRC). Meaningful negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly sales deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Significant negative changes in investment behavior have recently occurred for Kforce Inc (NYSE: KFRC): the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, KFRC is expected to continue to be a major Value Builder.
Kforce has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Kforce has a neutral Power Rating of 45 but a very low Appreciation Score of 14, producing the Lowest Value Trend Rating.
Recent Price Action
Kforce Inc (NYSE: KFRC) stock closed at $61.47 on 5/24/24 after a slight decline of -0.2%. However, trading volume in this decline was below average at 68% of normal. The stock has declined -5.6% during the last week and has performed in line with the market over the last nine months.
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