KELYA Stock Analysis: Kelly | NASDAQ
Staffing & Employment Services | NASDAQ, USA | Market Cap: 526m USD | 12M Return: 20.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.06M
EPS Trend: -24.6%
Qual. Beats: 0
Rev. Trend: -90.1%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 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: -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 20.52%; Δ -1.06% > 0.5%) |
| Asset Turnover: 170.2% > 50% (prev 171.6%; Δ -1.38% > 0%) |
| Interest Coverage Ratio: -7.30 > 6 (EBIT TTM -75.9m / Interest Expense TTM 10.4m) |
| 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 -75.9m / Avg Total Assets 2.42b) |
| D: 0.75 (Book Value of Equity 968.5m / Total Liabilities 1.29b) |
| Altman-Z'' = 3.36 = A |
| DSRI: 1.05 (Receivables 1.22b/1.25b, Revenue 4.13b/4.45b) |
| GMI: 1.05 (GM 20.52% / 19.46%) |
| 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 = -3.08 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at USD 15.72 with a total of 386,055 shares traded. Over the past week, the price has changed by +2.21%, over one month by +22.33%, over three months by +65.21% and over the past year by +20.54%.
Current recommended Stop Loss: 15.00 (which is 4.6% or 1.4 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 | 16.7 | 6% |
P/E Forward = 14.0647
P/S = 0.1274
P/B = 0.5387
P/EG = 1.082
Revenue TTM = 4.13b USD
EBIT TTM = -75.9m USD
EBITDA TTM = -32.0m 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 = 737.3m USD (525.6m + Debt 237.3m - CCE 25.6m)
Interest Coverage Ratio = -7.30 (Ebit TTM -75.9m / Interest Expense TTM 10.4m)
EV/FCF = 11.14x (Enterprise Value 737.3m / FCF TTM 66.2m)
FCF Yield = 8.98% (FCF TTM 66.2m / Enterprise Value 737.3m)
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 = 0.33 (Enterprise Value 737.3m / Total Assets 2.25b)
Interest Expense / Debt = 4.38% (Interest Expense 10.4m / Debt 237.3m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -60.0m (EBIT -75.9m * (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 = -6.62 (negative EBITDA) (Net Debt 211.7m / EBITDA -32.0m)
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 = -6.26% (EBIT -75.9m / Capital Employed (Equity 1.08b + L.T.Debt 130.5m))
RoIC = -4.22% (negative operating profit) (NOPAT -60.0m / Invested Capital 1.42b)
WACC = 6.93% (E(525.6m)/V(762.9m) * Re(8.50%) + D(237.3m)/V(762.9m) * Rd(4.38%) * (1-Tc(0.21)))
Discount Rate = 8.50% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -78.73 | Cagr: -2.51%
[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=+0.00% | Revisions=+50% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.10 | Chg30d=+0.00% | Revisions=-40% | Analysts=4
EPS current Year (2026-12-31): EPS=0.90 | Chg30d=+0.00% | Revisions=+29% | GrowthEPS=-28.4% | GrowthRev=-4.5%
EPS next Year (2027-12-31): EPS=1.71 | Chg30d=+0.00% | Revisions=-17% | GrowthEPS=+89.5% | GrowthRev=+4.3%
[Analyst] Revisions Ratio: +13% (up=7, down=5)