Kforce Inc (NYSE: KFRC) is -21.89% lower on its value in year-to-date trading and has touched a low of $42.11 and a high of $71.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KFRC stock was last observed hovering at around $44.73 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $44.29, the stock is -5.92% and -9.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing -0.98% at the moment leaves the stock -22.82% off its SMA200. KFRC registered -31.22% loss for a year compared to 6-month loss of -23.05%. The firm has a 50-day simple moving average (SMA 50) of $48.9098 and a 200-day simple moving average (SMA200) of $57.3869.
The stock witnessed a -12.44% gain in the last 1 month and extending the period to 3 months gives it a -21.62%, and is -3.30% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.55% over the week and 3.80% over the month.
Kforce Inc (KFRC) has around 9700 employees, a market worth around $846.43M and $1.41B in sales. Current P/E ratio is 16.65 and Fwd P/E is 13.65. Profit margin for the company is 3.59%. Distance from 52-week low is 5.18% and -38.04% from its 52-week high. The company has generated returns on investments over the last 12 months (25.31%).
The EPS is expected to shrink by -3.08% this year
306.0 institutions hold shares in Kforce Inc (KFRC), with institutional investors hold 96.22% of the company’s shares. The shares outstanding are 19.22M, and float is at 17.93M with Short Float at 6.61%. Institutions hold 91.65% of the Float.
The top institutional shareholder in the company is KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC with over 2.4 million shares valued at $149.24 million. The investor’s holdings represent 12.3238 of the KFRC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.91 million shares valued at $118.6 million to account for 10.1936 of the shares outstanding. The other top investors are FMR LLC which holds 1.5 million shares representing 7.7124 and valued at over $93.4 million, while BLACKROCK INC. holds 7.3935 of the shares totaling 1.44 million with a market value of $89.53 million.
Kforce Inc (KFRC) Insider Activity
The most recent transaction is an insider sale by THOMAS ANDREW G, the company’s Chief Experience Officer. SEC filings show that THOMAS ANDREW G sold 7,100 shares of the company’s common stock on Feb 10 ’25 at a price of $51.79 per share for a total of $0.37 million. Following the sale, the insider now owns 96084.0 shares.
Still, SEC filings show that on Aug 02 ’24, KELLY DAVID M (Chief Operating Officer) disposed off 6,000 shares at an average price of $65.75 for $0.39 million. The insider now directly holds 81,144 shares of Kforce Inc (KFRC).
