Notable negative changes in fundamentals have recently occurred for Kforce Inc (NYSE: KFRC): significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Kforce Inc (NYSE: KFRC) has recently experienced meaningful negative changes in investment behavior: 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Kforce has a very low Power Rating of 12 and a very low Appreciation Score of 11, resulting in the Lowest Value Trend Rating.
Recent Price Action
On 8/5/24, Kforce Inc (NYSE: KFRC) stock declined by -2.7%, closing at $63.56. NORMAL trading volume accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -7.1% during the last week.
Be the first to comment