Extremely significant negative changes in Kforce Inc (NYSE: KFRC) investment behavior have recently occurred: negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.
Kforce Inc (NYSE: KFRC) suffers from marginal negative changes in fundamentals: significant quarterly sales deceleration occurred.
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 consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kforce has a poor Power Rating of 19 and a very low Appreciation Score of 14, leading to the Lowest Value Trend Rating.
Recent Price Action
On 9/24/24, Kforce Inc (NYSE: KFRC) stock declined slightly by -0.8%, closing at $61.13. Moreover, trading volume in this decline was exceptionally high at 265% of normal. The stock has declined -1.1% during the last week and has been weak relative to the market over the last nine months.
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