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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


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.AIndustryMarket
7 Day-2.5%1.2%0.9%
30 Day2.3%5.3%2.3%
90 Day6.7%3.7%6.3%
1 Year58.0%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 Year24.9%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

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/12 22:08
End of Day Share Price2021/04/12 00:00
Earnings2021/01/03
Annual Earnings2021/01/03


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.