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., Nov. 20, 2024 (GLOBE NEWSWIRE) -- KellyOCG, the outsourcing and consulting group of Kelly (NASDAQ:KELYA, KELYB)), has claimed the No. 1 spot on HRO Today's 2024 Total Workforce Solutions Baker's Dozen Customer Satisfaction Ratings. The list ranks the top suppliers of managed services provider (MSP) and recruitment process outsourcing (RPO) solutions based solely on customer satisfaction surveys. "We're thrilled to be recognized by our clients as the leader in total talent management," KellyOCG President Tammy Browning said. "We have made significant investments in our MSP and RPO offerings, have developed a sophisticated technology platform, and have assembled the best team i
Kelly's acquisition of Children's Therapy Center (CTC) further expands growth opportunities in the high-margin, high-demand therapeutic services segment.The integration of CTC into Kelly Education's Pediatric Therapy Services will bolster service delivery, offering Minnesota school districts access to comprehensive therapy solutions to address the increasing demand arising from student special education needs.The addition of CTC brings increased scale to the current network of licensed therapists, enabling flexible practice in clinics or schools. TROY, Mich., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Today, Kelly (Nasdaq: KELYA, KELYB) announced that it has acquired Children's Therapy Center (CTC
TROY, Mich., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Kelly has been named Corporation of the Year by the National Minority Supplier Development Council (NMSDC). The specialty talent solutions provider was recognized for its exemplary leadership in supplier and business diversity among companies with up to $10 billion in annual revenue. Kelly was recognized alongside Duke Energy, The Walt Disney Company, Centene Corporation, and Stellantis, who were named Corporations of the Year in the $10 billion+ categories. NMSDC evaluated companies on their supplier diversity program structure, minority business development efforts, diversity spend growth, and NMSDC engagement. "We are thrilled to recogniz
TROY, Mich., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Kelly has earned the 2025 Military Friendly® Employer and Military Friendly® Spouse Employer designations. This marks the 10th year the specialty talent solutions provider has been recognized for its commitment to connecting veterans and their spouses to work in ways that enrich their lives. Institutions earning the Military Friendly® designations were evaluated using both public data sources and responses from a proprietary survey. Over 1,200 companies participated in the survey. Kelly was recognized as a Military Friendly® Employer in the Gold category. Methodology, criteria, and weightings were determined by VIQTORY with input from the Mi
Following the sale of European staffing operations, Q3 revenue down 7.1% year-over-year; nearly flat on an organic basis Q3 operating earnings of $2.6 million; $11.7 million on an adjusted basis, down 24.5%Q3 adjusted EBITDA margin increased 20 basis points to 2.5%Company expects sale of European staffing operations, acquisition of Motion Recruitment Partners, LLC ("MRP"), ongoing transformation actions to contribute to continued year-over-year EBITDA margin expansion in Q4 2024 TROY, Mich., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced results for the third quarter of 2024. Peter Quigley, president and chie
TROY, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its third-quarter earnings before the market opens on Thursday, November 7, 2024. In conjunction with its third-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 1:30 p.
TROY, Mich., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Kelly Education, the nation's leading provider of education workforce solutions with over 10,000 school partners, and Elevate K-12, the largest LIVE virtual teaching company, which has taught over 350,000 students, announced a strategic partnership aimed at supporting the continuity of learning during the persistent teacher and support staff vacancy crisis. This collaboration combines the strengths of Kelly Education's extensive network of highly qualified classroom coaches with Elevate K-12's highly qualified, U.S.-certified teacher pool and virtual teaching platform. This partnership means that school districts grappling with unfilled pos
TROY, Mich., Oct. 08, 2024 (GLOBE NEWSWIRE) -- KellyOCG®, the outsourcing and consulting group of Kelly, has been named a Leader on Everest Group's 2024 PEAK Matrix® assessments for both Contingent Workforce Management (CWM) / Managed Service Provider (MSP) and Services Procurement. The workforce solutions provider was also recognized as a Star Performer in the MSP category. The PEAK Matrix provides an objective, data-driven assessment of US contingent workforce providers based on their market impact, vision, and capability. Providers are assessed in seven categories: market adoption, portfolio mix, value delivered, scope of services, innovation and investments, delivery footprint, and vi
TROY, Mich., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Kelly has been named a Leader on Everest Group's 2024 US Contingent Staffing PEAK Matrix® assessments for business and professional as well as industrial staffing. Among the business and professional workforce providers assessed by Everest Group, Kelly earned the highest marks for vision and capability, which measure its ability to deliver services to clients successfully. The PEAK Matrix provides an objective, data-driven assessment of US contingent workforce providers based on their market impact, vision, and capability. Providers are assessed in seven categories: market adoption, portfolio mix, value delivered, scope of services, innovatio
TROY, Mich., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Kelly Engineering® has been named a Leader and Star Performer on Everest Group's 2024 PEAK Matrix® Assessment for US Engineering Contingent Talent and Strategic Solutions. This marks the third consecutive year Kelly has been recognized as a Leader in the engineering category. Among the engineering staffing providers evaluated by Everest Group, Kelly earned the highest marks for vision and capability, which measure its ability to deliver services to clients successfully. The PEAK Matrix provides an objective, data-driven assessment of US contingent workforce providers based on their market impact, vision, and capability. Providers are assesse
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
TROY, Mich., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading global specialty talent solutions provider, today announced that Troy R. Anderson has been named executive vice president and chief financial officer designate, effective October 14, 2024. Following an orderly transition of responsibilities, Anderson will succeed Olivier Thirot, executive vice president and chief financial officer, who on July 8, 2024, informed Kelly of his intention to retire as an officer of the Company. Upon completion of the transition, Thirot will serve as a strategic advisor to the Company. "I am pleased to welcome Troy to Kelly as the Company's next chief financial officer. His
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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Following the sale of European staffing operations, Q3 revenue down 7.1% year-over-year; nearly flat on an organic basis Q3 operating earnings of $2.6 million; $11.7 million on an adjusted basis, down 24.5%Q3 adjusted EBITDA margin increased 20 basis points to 2.5%Company expects sale of European staffing operations, acquisition of Motion Recruitment Partners, LLC ("MRP"), ongoing transformation actions to contribute to continued year-over-year EBITDA margin expansion in Q4 2024 TROY, Mich., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced results for the third quarter of 2024. Peter Quigley, president and chie
TROY, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its third-quarter earnings before the market opens on Thursday, November 7, 2024. In conjunction with its third-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 1:30 p.
TROY, Mich., Oct. 08, 2024 (GLOBE NEWSWIRE) -- KellyOCG®, the outsourcing and consulting group of Kelly, has been named a Leader on Everest Group's 2024 PEAK Matrix® assessments for both Contingent Workforce Management (CWM) / Managed Service Provider (MSP) and Services Procurement. The workforce solutions provider was also recognized as a Star Performer in the MSP category. The PEAK Matrix provides an objective, data-driven assessment of US contingent workforce providers based on their market impact, vision, and capability. Providers are assessed in seven categories: market adoption, portfolio mix, value delivered, scope of services, innovation and investments, delivery footprint, and vi
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
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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
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8-K - KELLY SERVICES INC (0000055135) (Filer)
10-Q - KELLY SERVICES INC (0000055135) (Filer)
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8-K - KELLY SERVICES INC (0000055135) (Filer)
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