Kelly Services
Market Cap
US$920.2m
Last Updated
2021/04/12 22:08 UTC
Data Sources
Company Financials +
Executive Summary
Kelly Services, Inc., together with its subsidiaries, provides workforce solutions to various industries. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Kelly Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KELY.A is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: KELY.A's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-2.5%
KELY.A
1.2%
US Professional Services
0.9%
US Market
1 Year Return
58.0%
KELY.A
43.9%
US Professional Services
57.9%
US Market
Return vs Industry: KELY.A exceeded the US Professional Services industry which returned 39.8% over the past year.
Return vs Market: KELY.A exceeded the US Market which returned 56.3% over the past year.
Shareholder returns
| KELY.A | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.5% | 1.2% | 0.9% |
| 30 Day | 2.3% | 5.3% | 2.3% |
| 90 Day | 6.7% | 3.7% | 6.3% |
| 1 Year | 58.0%58.0% | 44.9%43.9% | 60.8%57.9% |
| 3 Year | -22.3%-24.3% | 66.7%61.9% | 64.5%53.9% |
| 5 Year | 24.9%18.5% | 132.9%116.7% | 120.9%96.4% |
Long-Term Price Volatility Vs. Market
How volatile is Kelly Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Investors Who Bought Kelly Services (NASDAQ:KELY.A) Shares A Year Ago Are Now Up 94%1 month ago | Simply Wall St
Have Insiders Sold Kelly Services, Inc. (NASDAQ:KELY.A) Shares Recently?2 months ago | Simply Wall St
Should You Be Impressed By Kelly Services' (NASDAQ:KELY.A) Returns on Capital?Valuation
Is Kelly Services undervalued compared to its fair value and its price relative to the market?
0.75x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: KELY.A ($22.94) is trading above our estimate of fair value ($13.05)
Significantly Below Fair Value: KELY.A is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KELY.A is unprofitable, so we can't compare its PE Ratio to the US Professional Services industry average.
PE vs Market: KELY.A is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KELY.A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KELY.A is good value based on its PB Ratio (0.7x) compared to the US Professional Services industry average (3.4x).
Future Growth
How is Kelly Services forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
102.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KELY.A is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: KELY.A is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: KELY.A's is expected to become profitable in the next 3 years.
Revenue vs Market: KELY.A's revenue (5.6% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: KELY.A's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KELY.A's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Kelly Services performed over the past 5 years?
-38.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KELY.A is currently unprofitable.
Growing Profit Margin: KELY.A is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KELY.A is unprofitable, and losses have increased over the past 5 years at a rate of 38.1% per year.
Accelerating Growth: Unable to compare KELY.A's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KELY.A is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (1.4%).
Return on Equity
High ROE: KELY.A has a negative Return on Equity (-5.99%), as it is currently unprofitable.
Financial Health
How is Kelly Services's financial position?
Financial Position Analysis
Short Term Liabilities: KELY.A's short term assets ($1.5B) exceed its short term liabilities ($925.6M).
Long Term Liabilities: KELY.A's short term assets ($1.5B) exceed its long term liabilities ($433.3M).
Debt to Equity History and Analysis
Debt Level: KELY.A's debt to equity ratio (0.02%) is considered satisfactory.
Reducing Debt: KELY.A's debt to equity ratio has reduced from 6.2% to 0.02% over the past 5 years.
Debt Coverage: KELY.A's debt is well covered by operating cash flow (62000%).
Interest Coverage: Insufficient data to determine if KELY.A's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Kelly Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KELY.A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KELY.A's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KELY.A's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KELY.A's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: KELY.A is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KELY.A's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
Peter W. Quigley (59 yo)
1.5yrs
Tenure
US$1,925,996
Compensation
Mr. Peter W. Quigley has been President, Chief Executive Officer and Director of Kelly Services, Inc. since October 01, 2019. He served as Executive Vice President, General Manager of Global Information Te...
CEO Compensation Analysis
Compensation vs Market: Peter W.'s total compensation ($USD1.93M) is about average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Peter W.'s compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: KELY.A's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Experienced Board: KELY.A's board of directors are considered experienced (6.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KELY.A insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Kelly Services, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kelly Services, Inc.
- Ticker: KELY.A
- Exchange: NasdaqGS
- Founded: 1946
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: US$920.195m
- Shares outstanding: 39.30m
- Website: https://www.kellyservices.com
Number of Employees
Location
- Kelly Services, Inc.
- 999 West Big Beaver Road
- Troy
- Michigan
- 48084-4782
- United States
Listings
Biography
Kelly Services, Inc., together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Techn...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 22:08 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2021/01/03 |
| Annual Earnings | 2021/01/03 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.