Alert: New Earnings Report (10/28/24)-Kforce Inc (NYSE: KFRC).

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For its third fiscal quarter (ending September 30), Kforce Inc (NYSE: KFRC) has reported a 36% increase in E.P.S. from $0.55 a year ago to $0.75 in the current quarter. E.P.S. were $2.92 for the latest four quarters through September 30 versus $2.71 for the same period a year ago — an increase of 8%.

Recent Price Action

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On 10/28/24, Kforce Inc (NYSE: KFRC) stock enjoyed a large increase of 2.1%, closing at $55.68. Moreover, trading volume in this advance was unusually high at 162% of normal. The stock has been weak relative to the market over the last nine months but is unchanged during the last week.

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 24 and a poor Appreciation Score of 17, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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