Alert: Negative Investment/Fundamental Signals (9/12/24)-Kforce Inc (NYSE: KFRC)

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

Significant negative changes in investment behavior have recently occurred for Kforce Inc (NYSE: KFRC): the stock fell on very heavy volume.

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 poor Power Rating of 17 and a very low Appreciation Score of 14, triggering the Lowest Value Trend Rating.

Recent Price Action

Kforce Inc (NYSE: KFRC) stock closed at $61.91 on 9/12/24 after a slight decline of -0.3%. Moreover, trading volume in this decline was exceptionally high at 240% of normal. The stock has declined -3.7% during the last week and has been weak relative to the market over the last nine months.

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