Alert: Negative Investment/Fundamental Signals (9/4/24)-Kforce Inc (NYSE: KFRC)

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Kforce Inc (NYSE: KFRC) suffers from important negative changes in fundamentals: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

Recent notable negative changes in investment behavior have affected 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.

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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 highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kforce has a very low Power Rating of 14 and a very low Appreciation Score of 12, and the Lowest Value Trend Rating results.

Recent Price Action

On 9/4/24, Kforce Inc (NYSE: KFRC) stock declined slightly by -0.05%, closing at $64.30. However, below average trading volume at 75% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -3.3% during the last week.

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