Alert: New Earnings Report (7/29/24)-Kforce Inc (NYSE: KFRC).

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For its second fiscal quarter (ending June 30), Kforce Inc (NYSE: KFRC) has reported E.P.S. of $0.75 compared to $0.96 a year ago. E.P.S. were $2.72 for the latest four quarters through June 30 versus $3.26 for the same period a year ago.

Recent Price Action

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Kforce Inc (NYSE: KFRC) stock declined modestly by -1.2% on 7/29/24. The stock closed at $67.60. NORMAL trading volume accompanied the decline. Relative to the market the stock has been weak over the last nine months but has risen 1.7% 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). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kforce has a poor Power Rating of 26 and a very low Appreciation Score of 13, leading to 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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