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 |
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12/7/2022 | Buy → Neutral | Northcoast | |
8/10/2021 | $29.00 | Neutral → Buy | Northcoast |
TROY, Mich., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Kelly Education, the nation's largest provider of education talent and workforce solutions, is excited to announce its new podcast, Wake Up and Teach, a series dedicated to addressing the challenges and opportunities shaping the future of the education workforce, launched today. Hosted by Nicola Soares, President of Kelly Education, the podcast will feature candid conversations with education experts, thought leaders, and innovators, tackling critical topics such as teacher shortages, workforce planning, leadership development, and strategies for attracting, hiring, and retaining top talent in our nation's schools. Through this platform, Kell
NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
NEW YORK, NY / ACCESSWIRE / December 3, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day December Small-Cap Conference taking place Wednesday and Thursday, December 4-5, 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 ESTWednesday, December 4th, 2024 (Day 1)9:15-9:45Pantheon Resources (PANR)inTEST Corporation (INTT)10:00-10:30Granite Ridge Resources (GRNT)InfuSystem Holdings, Inc. (INFU)10:45-11:15*****Charles River Associates (CRAI)11:30-12:00North American Construction (NOA)CBIZ (CBZ)12:1
TROY, Mich., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading global specialty talent solutions provider, today announced that on November 26, 2024, the Company's board of directors approved a share repurchase program authorizing it to purchase up to an aggregate of $50 million of its Class A common stock. The authorization expires on December 2, 2026. "An active share repurchase authorization is an important mechanism that enables Kelly to opportunistically return capital to our shareholders," said Peter Quigley, president and chief executive officer. "It reflects our unwavering confidence in Kelly's strategy through which we have monetized non-core assets, redep
TROY, Mich., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading global specialty talent solutions provider, today announced the completion of its previously announced CFO transition. Troy Anderson, who joined Kelly in October 2024, will succeed Olivier Thirot as the Company's chief financial officer, effective December 2, 2024. Thirot will retire as an officer of Kelly, while continuing to serve the Company as a strategic advisor. "I'm grateful to serve as Kelly's chief financial officer at this consequential point on the Company's specialty growth journey," said Anderson. "My experience since joining Kelly has reinforced for me the opportunity that exists to build
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
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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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
NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
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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