(KELYA) Kelly - Overview

Sector: Industrials | Industry: Staffing & Employment Services | Exchange: NASDAQ (USA) | Market Cap: 374m USD | Total Return: 2.1% in 12m

Temporary Staffing, Talent Acquisition, Outsourcing, Executive Search
Total Rating 42
Safety 69
Buy Signal 0.44
Staffing & Employment Services
Industry Rotation: +9.8
Market Cap: 374M
Avg Turnover: 5.39M
Risk 3d forecast
Volatility38.4%
VaR 5th Pctl6.56%
VaR vs Median3.73%
Reward TTM
Sharpe Ratio0.15
Rel. Str. IBD55.5
Rel. Str. Peer Group84.4
Character TTM
Beta0.714
Beta Downside1.067
Hurst Exponent0.647
Drawdowns 3y
Max DD66.50%
CAGR/Max DD-0.19
CAGR/Mean DD-0.41
EPS (Earnings per Share) EPS (Earnings per Share) of KELYA over the last years for every Quarter: "2021-03": 0.12, "2021-06": 0.49, "2021-09": 0.25, "2021-12": 0.65, "2022-03": 0.46, "2022-06": 0.45, "2022-09": 0.25, "2022-12": 0.18, "2023-03": 0.4, "2023-06": 0.36, "2023-09": 0.5, "2023-12": 0.93, "2024-03": 0.56, "2024-06": 0.71, "2024-09": 0.21, "2024-12": 0.82, "2025-03": 0.39, "2025-06": 0.54, "2025-09": 0.18, "2025-12": 0.16, "2026-03": 0.03,
EPS CAGR: -8.86%
EPS Trend: -24.6%
Last SUE: -0.13
Qual. Beats: 0
Revenue Revenue of KELYA over the last years for every Quarter: 2021-03: 1205.9, 2021-06: 1258.1, 2021-09: 1195.4, 2021-12: 1250.3, 2022-03: 1296.4, 2022-06: 1267.3, 2022-09: 1167.9, 2022-12: 1233.8, 2023-03: 1268.3, 2023-06: 1217.2, 2023-09: 1118, 2023-12: 1232.2, 2024-03: 1045.1, 2024-06: 1057.5, 2024-09: 1038.1, 2024-12: 1191.1, 2025-03: 1164.9, 2025-06: 1101.8, 2025-09: 935, 2025-12: 1049.2, 2026-03: 1040.7,
Rev. CAGR: -5.22%
Rev. Trend: -90.1%
Last SUE: 0.52
Qual. Beats: 0

Warnings

Interest Coverage Ratio -6.7 is critical

Tailwinds

Idiosyncratic Leader

Description: KELYA Kelly

Kelly Services, Inc. (KELYA) is a global workforce solutions provider operating across three primary segments: Enterprise Talent Management; Science, Engineering & Technology; and Education. The firm manages a diverse portfolio of services including temporary staffing, permanent placement, and outsourced talent solutions such as managed service providers (MSP) and recruitment process outsourcing (RPO).

The company operates within the Human Resource & Employment Services sub-industry, a sector characterized by cyclical demand tied to global employment rates and corporate labor spending. Kelly Services utilizes an outcome-based business model, which shifts the focus from simple headcounts to delivering specific business results and specialized technical expertise in fields like clinical research and telecommunications.

Investors may find further insights into the companys valuation and performance metrics by exploring ValueRay.

Founded in 1946 and headquartered in Troy, Michigan, the company maintains a geographic presence across the Americas, Europe, and the Asia-Pacific region. Its specialized Education segment serves pre-K-12 districts, addressing the unique staffing requirements of the public and private academic sectors.

Headlines to Watch Out For
  • Shift toward high-margin Science Engineering and Technology segments drives earnings expansion
  • K-12 teacher shortages increase demand for Education segment staffing services
  • Corporate hiring slowdowns and recessionary fears reduce temporary staffing revenue
  • Transition to Managed Service Provider model stabilizes long-term enterprise contract revenue
  • Rising labor costs and regulatory changes impact gross margins across global operations
Piotroski VR-10 (Strict) 4.5
Net Income: -265.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.38 > 1.0
NWC/Revenue: 11.64% < 20% (prev 11.86%; Δ -0.23% < -1%)
CFO/TA 0.03 > 3% & CFO 73.3m > Net Income -265.8m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.59 > 1.5 & < 3
Outstanding Shares: last quarter (34.4m) vs 12m ago -3.10% < -2%
Gross Margin: 19.46% > 18% (prev 0.21%; Δ 1.93k% > 0.5%)
Asset Turnover: 170.2% > 50% (prev 171.6%; Δ -1.38% > 0%)
Interest Coverage Ratio: -6.67 > 6 (EBITDA TTM -25.5m / Interest Expense TTM 10.4m)
Altman Z'' 3.40
A: 0.21 (Total Current Assets 1.30b - Total Current Liabilities 818.6m) / Total Assets 2.25b
B: 0.42 (Retained Earnings 956.5m / Total Assets 2.25b)
C: -0.03 (EBIT TTM -69.4m / Avg Total Assets 2.42b)
D: 0.77 (Book Value of Equity 994.1m / Total Liabilities 1.29b)
Altman-Z'' = 3.40 = A
Beneish M -3.21
DSRI: 1.05 (Receivables 1.22b/1.25b, Revenue 4.13b/4.45b)
GMI: 1.05 (GM 19.46% / 20.52%)
AQI: 0.88 (AQ_t 0.40 / AQ_t-1 0.45)
SGI: 0.93 (Revenue 4.13b / 4.45b)
TATA: -0.15 (NI -265.8m - CFO 73.3m) / TA 2.25b)
Beneish M = -3.21 (Cap -4..+1) = AA
What is the price of KELYA shares?

As of May 30, 2026, the stock is trading at USD 11.62 with a total of 518,285 shares traded.
Over the past week, the price has changed by +8.90%, over one month by +19.87%, over three months by +20.61% and over the past year by +2.09%.

Is KELYA a buy, sell or hold?

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

What are the forecasts/targets for the KELYA price?
Analysts Target Price 16.7 43.5%
Kelly (KELYA) - Fundamental Data Overview as of 27 May 2026
Market Cap USD = 374.1m (374.1m USD * 1.0 USD.USD)
P/E Forward = 11.3379
P/S = 0.0896
P/B = 0.3816
P/EG = 0.8723
Revenue TTM = 4.13b USD
EBIT TTM = -69.4m USD
EBITDA TTM = -25.5m USD
Long Term Debt = 130.5m USD (from longTermDebt, last quarter)
Short Term Debt = 11.4m USD (from shortTermDebt, last quarter)
Debt = 237.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 53.4m
Net Debt = 211.7m USD (calculated: Debt 237.3m - CCE 25.6m)
Enterprise Value = 585.8m USD (374.1m + Debt 237.3m - CCE 25.6m)
Interest Coverage Ratio = -6.67 (Ebit TTM -69.4m / Interest Expense TTM 10.4m)
EV/FCF = 8.85x (Enterprise Value 585.8m / FCF TTM 66.2m)
FCF Yield = 11.30% (FCF TTM 66.2m / Enterprise Value 585.8m)
FCF Margin = 1.60% (FCF TTM 66.2m / Revenue TTM 4.13b)
Net Margin = -6.44% (Net Income TTM -265.8m / Revenue TTM 4.13b)
Gross Margin = 19.46% ((Revenue TTM 4.13b - Cost of Revenue TTM 3.32b) / Revenue TTM)
Gross Margin QoQ = 17.92% (prev 18.78%)
Tobins Q-Ratio = 0.26 (Enterprise Value 585.8m / Total Assets 2.25b)
Interest Expense / Debt = 4.38% (Interest Expense 10.4m / Debt 237.3m)
Taxrate = 21.0% (US default 21%)
NOPAT = -54.8m (EBIT -69.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.59 (Total Current Assets 1.30b / Total Current Liabilities 818.6m)
Debt / Equity = 0.25 (Debt 237.3m / totalStockholderEquity, last quarter 968.5m)
 Debt / EBITDA = -8.30 (negative EBITDA) (Net Debt 211.7m / EBITDA -25.5m)
 Debt / FCF = 3.20 (Net Debt 211.7m / FCF TTM 66.2m)
Total Stockholder Equity = 1.08b (last 4 quarters mean from totalStockholderEquity)
RoA = -10.96% (Net Income -265.8m / Total Assets 2.25b)
RoE = -24.58% (Net Income TTM -265.8m / Total Stockholder Equity 1.08b)
RoCE = -5.73% (EBIT -69.4m / Capital Employed (Equity 1.08b + L.T.Debt 130.5m))
 RoIC = -3.86% (negative operating profit) (NOPAT -54.8m / Invested Capital 1.42b)
 WACC = 6.54% (E(374.1m)/V(611.4m) * Re(8.49%) + D(237.3m)/V(611.4m) * Rd(4.38%) * (1-Tc(0.21)))
Discount Rate = 8.49% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -61.38 | Cagr: -1.64%
[DCF] Terminal Value 75.40% ; FCFF base≈66.3m ; Y1≈66.4m ; Y5≈70.0m
[DCF] Fair Price = 27.96 (EV 1.09b - Net Debt 211.7m = Equity 877.2m / Shares 31.4m; r=8.35% [WACC [floored]]; 5y FCF grow -0.30% → 2.50% )
EPS Correlation: -24.63 | EPS CAGR: -8.86% | SUE: -0.13 | # QB: 0
Revenue Correlation: -90.12 | Revenue CAGR: -5.22% | SUE: 0.52 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.23 | Chg30d=+54.10% | Revisions=+43% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.10 | Chg30d=-24.00% | Revisions=-33% | Analysts=4
EPS current Year (2026-12-31): EPS=0.90 | Chg30d=+1.98% | Revisions=+25% | GrowthEPS=-28.4% | GrowthRev=-4.5%
EPS next Year (2027-12-31): EPS=1.71 | Chg30d=+2.24% | Revisions=-14% | GrowthEPS=+89.5% | GrowthRev=+4.3%
[Analyst] Revisions Ratio: +43%