Kelly Services, Inc., together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing in the areas of office, professional, light industrial, and contact center specialties. The Science, Engineering & Technology segment offers staffing in the areas of science and clinical research, engineering, information technology, and telecommunications specialties. The Education segment provides staffing and executive search services to the K-12, early childhood, and higher education markets. The Outsourcing & Consulting segment offers recruitment process outsourcing, payroll process outsourcing, and talent advisory services, as well as managed services. The International segment provides staffing and direct-hire services in Europe and Mexico. The company serves customers in the United States, Canada, Mexico, Puerto Rico, France, Switzerland, Portugal, Russia, the United Kingdom, Italy, Germany, Ireland, rest of Europe, and the Asia-Pacific region. Kelly Services, Inc. was founded in 1946 and is headquartered in Troy, Michigan.
IPO Year:
Exchange: NASDAQ
Website: kellyservices.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/7/2022 | Buy → Neutral | Northcoast | |
8/10/2021 | $29.00 | Neutral → Buy | Northcoast |
TROY, Mich., Sept. 10, 2024 (GLOBE NEWSWIRE) -- KellyOCG, the outsourcing and consulting group of Kelly (NASDAQ:KELYA, KELYB))), has partnered with Brightfield to provide clients with real-time contingent labor insights via its industry-leading Kelly Helix technology platform. Kelly Helix users now have access to Brightfield TDX, an AI-powered market intelligence platform that offers in-depth extended workforce economics benchmarks, automated statement of work (SOW) analysis, and improved rate card management. TDX's market-leading data, now easily accessible via the Helix interface, enhances decision-making for procurement and human resources teams and enables significant cost savings. "
NEW YORK, NY / ACCESSWIRE / August 13, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day August Micro-Cap Conference taking place Wednesday and Thursday, August 14-15, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links. Presentation Schedule*All Times EDTWednesday, August 14, 2024 (Day 1)8:30-9:00*****Alta Global Group (MMA)Mobile-health Network (MNDR)9:15-9:45Steakholder Foods Ltd. (STKH)*****Regenx Tech (RGXTF)10:00-10:30*****Genius Group (GNS)*****10:45-11:15ARC Document Solutions (ARC)Xtract One Technologies (XTRA.TO)C
Q2 operating earnings of $12.2 million; $28.1 million on an adjusted basis, up 95% Q2 revenue down following sale of European staffing operations; up 0.6% on an organic basis Q2 adjusted EBITDA margin increased 170 basis points to 3.7% driven by meaningful reduction in operating expenses resulting from business transformation initiatives and sale of European staffing operations Company expects further expansion of EBITDA margin from the May 31, 2024 acquisition of Motion Recruitment Partners, LLC ("MRP") TROY, Mich. , Aug. 08, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading specialty talent solutions provider, today announced results for the second quarter of 2024. Pete
Missouri Program Aims to Address Teacher Shortage and Support Schools with Qualified Substitute Educators Today, Kelly Education, the nation's leading provider of education workforce solutions, announced that it is approved as a vendor by the Missouri Department of Elementary and Secondary Education (DESE) to provide substitute teacher training. To qualify for a substitute certificate, the State of Missouri requires that individuals with less than 36 hours of college credits complete a state-approved course. As one of only three approved vendors in the state, this designation allows Kelly Education to support Missouri schools by offering a diversified program featuring 20 hours of meaning
TROY, Mich., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading global specialty talent solutions provider, today announced it will participate in the Sidoti Virtual Investor Conference on Wednesday, August 14, 2024. Peter Quigley, president and chief executive officer, Olivier Thirot, executive vice president and chief financial officer, and Scott Thomas, head of investor relations, will participate in one-on-one meetings. Kelly's investor presentation is available on the company's website. About Kelly® Kelly Services, Inc. (NASDAQ:KELYA, KELYB))) helps companies recruit and manage skilled workers and helps job seekers find great work. Since in
TROY, Mich., July 25, 2024 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its second-quarter earnings before the market opens on Thursday, August 8, 2024. In conjunction with its second-quarter earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET. The call may be accessed in one of the following ways: Via the internet:kellyservices.com Via the telephone:(877) 692-8955 (toll free) or (234) 720-6979 (caller paid)Enter access code 5728672After the prompt, please enter "#" A recording of the conference call will be available after
BOSTON, June 12, 2024 /PRNewswire/ -- Keystone Partners, a Silver Oak Services Partners LLC portfolio company, announced that it has acquired The Ayers Group, a leader in executive coaching, leadership development and outplacement services, from Kelly Services, Inc. This strategic acquisition further broadens Keystone's capacity to deliver exceptional career management and leadership transformation solutions in the New York metropolitan area. Founded in 1975 and headquartered in New York City, The Ayers Group has been a pioneer in adapting companies to change, offering compreh
TROY, Mich., June 12, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading global specialty talent solutions provider, has completed the sale of Ayers Group, a division of KellyOCG, to Keystone Partners, a Silver Oak Services Partners LLC portfolio company. Ayers Group provides outplacement, executive coaching, and leadership development solutions to employers across a wide range of industries. Terms of the sale were not disclosed. The sale of Ayers Group sharpens KellyOCG's focus on global recruitment process outsourcing (RPO) and managed service provider (MSP) solutions. The transaction also unlocks incremental capital to redeploy toward Kelly's specialty strategy. "The sa
TROY, Mich., June 11, 2024 (GLOBE NEWSWIRE) -- Businesses are failing to unlock the full potential of their employees and poor workforce planning is holding back growth for most organizations, a global survey by specialty talent solutions provider Kelly has found. The 2024 Kelly Global Re:work Report reveals executives are turning to artificial intelligence (AI) and automation to solve these challenges but struggle to implement digital strategies effectively and neglect to offer adequate training to employees. The fourth annual global workforce report from Kelly, titled Building a Resilient Workforce in the Age of AI, shows 54% of senior executives say poor workforce planning is imped
Transformational acquisition expected to accelerate EBITDA margin expansionMRP to continue delivering services through existing operating companies and brandsKelly management to host live webcast on June 18 to provide more details about the rationale for the acquisition and insights into MRP's financial profile TROY, Mich., June 03, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))) ("the Company"), a leading global specialty talent solutions provider, today announced it has completed the acquisition of Motion Recruitment Partners, LLC ("MRP"), from Littlejohn & Co., LLC ("Littlejohn"), a private investment firm based in Greenwich, Connecticut. Kelly previously announced on May 3, 202
Northcoast downgraded Kelly Services from Buy to Neutral
Northcoast upgraded Kelly Services from Neutral to Buy and set a new price target of $29.00
Noble Financial upgraded Kelly Services from Market Perform to Outperform and set a new price target of $25.00
Noble Financial resumed coverage of Kelly Services with a rating of Buy and set a new price target of $25.00
Barrington Research reiterated coverage of Kelly Services with a rating of Outperform and set a new price target of $26.00 from $24.00 previously
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MICHIGAN CITY, Ind., Dec. 20, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. ("Horizon") announced today the retirement of Daniel F. Hopp from the Board of Directors (the "Board") and the appointment of Vanessa P. Williams to serve on the Board of Horizon Bancorp, Inc. Mr. Hopp will retire from the Board effective December 31, 2022 after serving for the past 18 years and reaching Horizon's mandatory retirement age. Mr. Hopp began his service to the Board of Directors of Horizon Bank in 2004 and from July 2013 through June 2022 served as Horizon Bancorp's Lead Director. In his tenure, he served on the Board's Compensation and Nominating Committee as well as the Corporate
MICHIGAN CITY, Ind., Jan. 19, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. ("Horizon" or the "Company") announced today the appointment of Vanessa Williams to serve as an independent director on the Board of its wholly owned subsidiary, Horizon Bank. Williams is Senior Vice President and General Counsel of Kelly Services, Inc. (NASDAQ:KELYA, KELYB))), a leading global workforce solutions company headquartered in Troy, Mich. "We are pleased to have an accomplished public company leader of Vanessa's caliber, based in one of Horizon Bank's most vibrant markets, joining our Board as we execute our strategy for accelerating growth and shareholder value creation," said Chai
TROY, Mich., July 20, 2021 (GLOBE NEWSWIRE) -- Institutions of higher learning are facing a dual challenge ahead of the 2021/22 academic year. The COVID-19 pandemic has caused enrollments to fluctuate at unprecedented levels while intensifying budget challenges across our nation's colleges and universities. Recognizing that these unknowns demand innovative workforce solutions, Kelly Education today announced the appointment of Dr. Michael Plater as vice president and practice leader for higher education. As the higher education leader for the nation's largest provider of education talent, Dr. Plater is tasked with reimagining college and university staffing models. He will expand workfo
TROY, Mich., July 12, 2021 (GLOBE NEWSWIRE) -- Kelly, a global leader in providing workforce solutions, today announced the appointment of Darren Simons as Chief Digital Officer. In this position, Darren has responsibility for leading an enterprise digitization roadmap, driving digital innovation that transforms and optimizes Kelly's business processes, developing new tech-enabled customer and candidate-facing solutions, creating new business models, and improving both internal and external digital experiences. He reports directly to Kelly President and CEO Peter Quigley. With a strong track record of driving digital innovation as well as leading enterprise-wide technology adoption and bu
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Barrington Research analyst Kevin Steinke maintains Kelly Services (NASDAQ:KELYA) with a Outperform and maintains $29 price target.
Barrington Research analyst Kevin Steinke maintains Kelly Services (NASDAQ:KELYA) with a Outperform and maintains $29 price target.
Kelly Services (NASDAQ:KELYA) reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $0.47 by 19.15 percent. The company reported quarterly sales of $1.045 billion which met the analyst consensus estimate. This is a 17.59 percent decrease over sales of $1.268 billion the same period last year.
The Company expects to fund the transaction through debt and available capital, including the rapid redeployment of more than $100 million from the sale of Kelly's European staffing operations in January 2024. The transaction is expected to close in the second quarter of 2024, subject to receipt of required regulatory approvals and other customary closing conditions.
KellyOCG clients can now access and manage global independent talent pools on Upwork through Helix UX TROY, Mich., April 30, 2024 (GLOBE NEWSWIRE) -- KellyOCG, the outsourcing and consulting group of Kelly (NASDAQ:KELYA, KELYB))))), and Upwork (NASDAQ:UPWK), the world's largest work marketplace that connects businesses with independent talent across the globe, have formed a strategic partnership that enables KellyOCG clients to source, hire, and collaborate with skilled independent professionals on Upwork through Kelly's Human Cloud solution.KellyOCG is the first Managed Service Provider (MSP) to partner with Upwork, allowing clients to tap into Upwork's vast global network of highly skilled
Friday marks the last chance for investors to receive the next dividend payout from Kelly Services (NASDAQ:KELYA). What's Happening The company announced on Tuesday that it would pay shareholders a quarterly dividend of 7.5 cents per share. On Monday, Kelly Services will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 7.5 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own KELYA as of the end of Friday's session are eligible to receive the 7.5 cents dividend
Kelly Services (NASDAQ:KELYA) reported quarterly earnings of $0.93 per share which beat the analyst consensus estimate of $0.56 by 66.07 percent. The company reported quarterly sales of $1.23 billion which beat the analyst consensus estimate of $1.22 billion by 0.69 percent. This is a 0.16 percent decrease over sales of $1.23 billion the same period last year.
Companies Reporting Before The Bell • Cognex (NASDAQ:CGNX) is estimated to report quarterly earnings at $0.10 per share on revenue of $188.59 million. • Cenovus Energy (NYSE:CVE) is likely to report quarterly earnings at $0.25 per share on revenue of $10.11 billion. • Wendy's (NASDAQ:WEN) is likely to report quarterly earnings at $0.23 per share on revenue of $546.97 million. • Agios Pharmaceuticals (NASDAQ:AGIO) is expected to report quarterly loss at $1.65 per share on revenue of $7.94 million. • Appian (NASDAQ:APPN) is estimated to report quarterly loss at $0.24 per share on revenue of $140.92 million. • Blueprint Medicines (NASDAQ:BPMC) is likely to report quarterly loss at $2.04 p
Q2 operating earnings of $12.2 million; $28.1 million on an adjusted basis, up 95% Q2 revenue down following sale of European staffing operations; up 0.6% on an organic basis Q2 adjusted EBITDA margin increased 170 basis points to 3.7% driven by meaningful reduction in operating expenses resulting from business transformation initiatives and sale of European staffing operations Company expects further expansion of EBITDA margin from the May 31, 2024 acquisition of Motion Recruitment Partners, LLC ("MRP") TROY, Mich. , Aug. 08, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading specialty talent solutions provider, today announced results for the second quarter of 2024. Pete
TROY, Mich., July 25, 2024 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its second-quarter earnings before the market opens on Thursday, August 8, 2024. In conjunction with its second-quarter earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET. The call may be accessed in one of the following ways: Via the internet:kellyservices.com Via the telephone:(877) 692-8955 (toll free) or (234) 720-6979 (caller paid)Enter access code 5728672After the prompt, please enter "#" A recording of the conference call will be available after
Transformational acquisition expected to accelerate EBITDA margin expansionMRP to continue delivering services through existing operating companies and brandsKelly management to host live webcast on June 18 to provide more details about the rationale for the acquisition and insights into MRP's financial profile TROY, Mich., June 03, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))) ("the Company"), a leading global specialty talent solutions provider, today announced it has completed the acquisition of Motion Recruitment Partners, LLC ("MRP"), from Littlejohn & Co., LLC ("Littlejohn"), a private investment firm based in Greenwich, Connecticut. Kelly previously announced on May 3, 202
Q1 operating earnings of $26.8 million, or up 34% on an adjusted basis Q1 revenue down following sale of European staffing operations; down 2.6% on an organic basis Q1 adjusted EBITDA margin increased 110 basis points to 3.2% driven by meaningful reduction in operating expenses resulting from business transformation initiatives and sale of European staffing operations Company expects further expansion of EBITDA margin from the planned Q2 2024 acquisition of Motion Recruitment Partners, LLC ("MRP") and ongoing transformation actions TROY, Mich., May 09, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading specialty talent solutions provider, today announced results for the f
Transformational acquisition strengthens scale and capabilities of Kelly's staffing and consulting solutions across technology, telecommunications, and government specialties in North America, and recruitment process outsourcing (RPO) solutions globallyProvides Motion Recruitment Partners and its leading brands with a highly invested partner to enable continued growth Demonstrates Kelly's commitment to rapidly redeploying capital and leveraging its strong balance sheet in pursuit of inorganic investments in higher-margin, higher-growth specialties TROY, Mich., May 03, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))) ("the Company"), a leading global specialty talent solutions prov
TROY, Mich., April 24, 2024 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its first-quarter earnings before the market opens on Thursday, May 9, 2024. In conjunction with its first-quarter earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET. The call may be accessed in one of the following ways: Via Internet:kellyservices.com Via the Telephone (877) 692-8955 (toll free) or (234) 720-6979 (caller paid)Enter access code 5728672After the prompt, please enter "#" A recording of the conference call will be available after 1:30 p.
Q4 operating earnings of $7.3 million, or up 59% to $22.1 million on an adjusted basisQ4 revenue was flat; down 1.3% in constant currencyQ4 adjusted EBITDA margin increased 60 basis points to 2.6% driven by meaningful reduction in operating expenses resulting from business transformation initiativesCompany expects Q1 2024 sale of European staffing operations, sustained structural expense reductions and near-term outcome from growth initiatives to drive further expansion of EBITDA margin TROY, Mich., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading specialty talent solutions provider, today announced results for the fourth quarter of 2023. Peter Quigley, preside
TROY, Mich., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its fourth-quarter earnings before the market opens on Thursday, February 15, 2024. In conjunction with its fourth-quarter earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET. The call may be accessed in one of the following ways: Via Internet:kellyservices.com Via the Telephone (877) 692-8955 (toll free) or (234) 720-6979 (caller paid)Enter access code 5728672After the prompt, please enter "#" A recording of the conference call will be available after 1:30 p.m
Q2 revenue down 3.9%; down 4.5% in constant currency; organic revenue down 2.2% in constant currencyQ2 gross profit down 8.3%; GP rate, 19.8%, down 90 bps year-over-year due primarily to lower permanent placement fees as customer full-time hiring deceleratesQ2 operating earnings of $6.2 million, including $8.0 million of transformation-related restructuring and impairment charges, or $14.2 million on an adjusted basisComprehensive business transformation program expected to drive meaningful improvement in EBITDA margin beginning in the second half of 2023TROY, Mich., Aug. 10, 2023 /PRNewswire/ -- Kelly (NASDAQ:KELYA, KELYB))), a leading global specialty talent solutions provider, today annou
TROY, Mich., July 27, 2023 /PRNewswire/ -- Kelly (NASDAQ:KELYA, KELYB))), a leading global specialty talent solutions provider, will release its second-quarter earnings before the market opens on Thursday, August 10, 2023. In conjunction with its second-quarter earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET. The call may be accessed in one of the following ways: Via Internet:kellyservices.com Via the Telephone(877) 692-8955 (toll free) or (234) 720-6979 (caller paid