KELYA Stock Analysis: Kelly | NASDAQ
Staffing & Employment Services | NASDAQ, USA | Market Cap: 594m USD | 12M Return: 26% | US4881522084 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.09M
EPS Trend: -67.0%
Qual. Beats: 0
Rev. Trend: -90.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Kelly Services, Inc. is a global provider of workforce solutions operating across the Americas, Europe, Mexico, and the Asia-Pacific region. Founded in 1946 and headquartered in Troy, Michigan, the company delivers staffing and talent management services through three operating segments.
The Enterprise Talent Management segment is the broadest, offering temporary staffing, outcome-based, and permanent placement services for administrative, accounting, finance, light industrial, and contact center roles. It also provides managed service provider (MSP), recruitment process outsourcing (RPO), and payroll process outsourcing solutions globally under brands including RocketPower and Sevenstep.
The Science, Engineering & Technology segment serves specialized fields such as clinical research, engineering, information technology, and telecommunications, while the Education segment focuses on staffing, permanent placement, and executive search services for pre-K-12 school districts and education organizations.
Kelly Services operates in the Human Resource & Employment Services sub-industry within the Industrials sector. Like its peers, the company follows an asset-light business model, generating revenue primarily from billable hours for temporary contractors and fees for permanent placements, with earnings highly sensitive to labor market cycles and client hiring demand.
- US temp staffing demand weakens as labor market cools
- Science Engineering Technology segment drives margin expansion
- Light industrial volumes pressured by manufacturing slowdown
| Net Income: -273.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -3.29 > 1.0 |
| NWC/Revenue: 10.58% < 20% (prev 9.48%; Δ 1.10% < -1%) |
| CFO/TA 0.01 > 3% & CFO 27.1m > Net Income -273.4m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.50 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.2m) vs 12m ago -1.40% < -2% |
| Gross Margin: 19.43% > 18% (prev 20.58%; Δ -1.15% > 0.5%) |
| Asset Turnover: 169.6% > 50% (prev 179.0%; Δ -9.43% > 0%) |
| Interest Coverage Ratio: -9.43 > 6 (EBIT TTM -84.9m / Interest Expense TTM 9.00m) |
| A: 0.19 (Total Current Assets 1.30b - Total Current Liabilities 866.6m) / Total Assets 2.28b |
| B: 0.42 (Retained Earnings 965.1m / Total Assets 2.28b) |
| C: -0.04 (EBIT TTM -84.9m / Avg Total Assets 2.40b) |
| D: 0.76 (Book Value of Equity 982.0m / Total Liabilities 1.30b) |
| Altman-Z'' = 3.17 = A |
| DSRI: 1.15 (Receivables 1.22b/1.18b, Revenue 4.06b/4.50b) |
| GMI: 1.06 (GM 20.58% / 19.43%) |
| AQI: 0.86 (AQ_t 0.41 / AQ_t-1 0.47) |
| SGI: 0.90 (Revenue 4.06b / 4.50b) |
| TATA: -0.13 (NI -273.4m - CFO 27.1m) / TA 2.28b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of September 01, 2026, the stock is trading at USD 17.20 with a total of 507,496 shares traded. Over the past week, the price has changed by +2.44%, over one month by +16.43%, over three months by +43.87% and over the past year by +25.98%.
Current recommended Stop Loss: 15.70 (which is 8.7% or 2.6 ATR below the current price).
Kelly has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy KELYA.
- StrongBuy: 1
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 20 | 16.3% |
P/E Forward = 16.9779
P/S = 0.1461
P/B = 0.6006
P/EG = 1.3062
Revenue TTM = 4.06b USD
EBIT TTM = -84.9m USD
EBITDA TTM = -33.6m USD
Long Term Debt = 78.1m USD (from longTermDebt, last quarter)
Short Term Debt = 10.8m USD (from shortTermDebt, last quarter)
Debt = 179.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 50.6m
Net Debt = 155.1m USD (calculated: Debt 179.3m - CCE 24.2m)
Enterprise Value = 748.7m USD (593.6m + Debt 179.3m - CCE 24.2m)
Interest Coverage Ratio = -9.43 (Ebit TTM -84.9m / Interest Expense TTM 9.00m)
EV/FCF = 36.52x (Enterprise Value 748.7m / FCF TTM 20.5m)
FCF Yield = 2.74% (FCF TTM 20.5m / Enterprise Value 748.7m)
FCF Margin = 0.50% (FCF TTM 20.5m / Revenue TTM 4.06b)
Net Margin = -6.73% (Net Income TTM -273.4m / Revenue TTM 4.06b)
Gross Margin = 19.43% ((Revenue TTM 4.06b - Cost of Revenue TTM 3.27b) / Revenue TTM)
Gross Margin QoQ = 20.42% (prev 17.92%)
Tobins Q-Ratio = 0.33 (Enterprise Value 748.7m / Total Assets 2.28b)
Interest Expense / Debt = 5.02% (Interest Expense 9.00m / Debt 179.3m)
Taxrate = 20.83% (3.00m / 14.4m)
NOPAT = -67.2m (EBIT -84.9m * (1 - 20.83%)) [loss with tax shield]
Current Ratio = 1.50 (Total Current Assets 1.30b / Total Current Liabilities 866.6m)
Debt / Equity = 0.18 (Debt 179.3m / totalStockholderEquity, last quarter 982.0m)
Debt / EBITDA = -4.62 (negative EBITDA) (Net Debt 155.1m / EBITDA -33.6m)
Debt / FCF = 7.57 (Net Debt 155.1m / FCF TTM 20.5m)
Total Stockholder Equity = 1.01b (last 4 quarters mean from totalStockholderEquity)
RoA = -11.41% (Net Income -273.4m / Total Assets 2.28b)
RoE = -27.06% (Net Income TTM -273.4m / Total Stockholder Equity 1.01b)
RoCE = -7.80% (EBIT -84.9m / Capital Employed (Equity 1.01b + L.T.Debt 78.1m))
RoIC = -4.80% (negative operating profit) (NOPAT -67.2m / Invested Capital 1.40b)
WACC = 6.77% (E(593.6m)/V(772.9m) * Re(7.62%) + D(179.3m)/V(772.9m) * Rd(5.02%) * (1-Tc(0.21)))
Discount Rate = 7.62% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -81.35 | Cagr: -0.75%
[DCF] Terminal Value 73.10% ; FCFF base≈54.3m ; Y1≈47.7m ; Y5≈38.5m
[DCF] Fair Price = 14.73 (EV 618.0m - Net Debt 155.1m = Equity 462.9m / Shares 31.4m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -66.95 | EPS CAGR: -26.39% | SUE: 0.58 | # QB: 0
Revenue Correlation: -90.19 | Revenue CAGR: -5.27% | SUE: 0.68 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.07 | Chg30d=-31.58% | Revisions=-40% | Analysts=4
EPS current Year (2026-12-31): EPS=1.09 | Chg30d=+21.33% | Revisions=+29% | GrowthEPS=-13.1% | GrowthRev=-3.5%
EPS next Year (2027-12-31): EPS=1.82 | Chg30d=+6.43% | Revisions=-17% | GrowthEPS=+66.2% | GrowthRev=+3.7%
[Analyst] Revisions Ratio: -8% (up=4, down=5)