Kforce Inc

Company Profile

Kforce Inc had its IPO on 1995-08-14 under the ticker symbol KFRC.

The company operates in the Industrials sector and Staffing & Employment Services industry. Kforce Inc has a staff strength of 2,000 employees.

Stock update

Shares of Kforce Inc opened at $58.22 at the start of the last trading session i.e. 2023-06-03.

The stocks traded within a range of $58.16 - $59.92, and closed at $59.83.

This is a +4.16% increase from the previous day's closing price.

A total volume of 128,100 shares were traded at the close of the day’s session.

In the last one week, shares of Kforce Inc have increased by +0.69%.

Kforce Inc's Key Ratios

Kforce Inc has a market cap of $1.22 billion, indicating a price to book ratio of 5.2039 and a price to sales ratio of 0.634.

In the last 12-months Kforce Inc’s revenue was $1.70 billion with a gross profit of $501.11 million and an EBITDA of $115.14 million. The EBITDA ratio measures Kforce Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Kforce Inc’s operating margin was 6.62% while its return on assets stood at 15.38% with a return of equity of 37.75%.

In Q1, Kforce Inc’s quarterly earnings growth was a negative -11.8% while revenue growth was a negative 2.6%.

Kforce Inc’s PE and PEG Ratio

Forward PE

12.0482

Trailing PE

16.7591

PEG

0.43

Its diluted EPS in the last 12-months stands at $3.57 per share while it has a forward price to earnings multiple of 12.0482 and a PEG multiple of 0.43. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Kforce Inc’s profitability.

Kforce Inc stock is trading at a EV to sales ratio of 0.6432 and a EV to EBITDA ratio of 8.9694. Its price to sales ratio in the trailing 12-months stood at 0.634.

Kforce Inc stock pays annual dividends of $1.26 per share, indicating a yield of 2.51% and a payout ratio of 31.88%.

Balance sheet and cash flow metrics

Total Assets

$385.15 million

Total Liabilities

$125.76 million

Operating Cash Flow

$2.44 million

Capital Expenditure

$1.87 million

Dividend Payout Ratio

31.88%

Kforce Inc ended 2023 with $385.15 million in total assets and $0 in total liabilities. Its intangible assets were valued at $385.15 million while shareholder equity stood at $185.73 million.

Kforce Inc ended 2023 with $0 in deferred long-term liabilities, $125.76 million in other current liabilities, 732000.00 in common stock, $501.63 million in retained earnings and $25.04 million in goodwill. Its cash balance stood at $171000.00 and cash and short-term investments were $171000.00. The company’s total short-term debt was $3,800,000 while long-term debt stood at $22.30 million.

Kforce Inc’s total current assets stands at $274.91 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $266.53 million compared to accounts payable of $69.62 million and inventory worth $0.

In 2023, Kforce Inc's operating cash flow was $2.44 million while its capital expenditure stood at $1.87 million.

Comparatively, Kforce Inc paid $0.32 in dividends in 2023.

Other key metrics

Current Trading Price

$59.83

52-Week High

$67.8654

52-Week Low

$49.0655

Analyst Target Price

$65.67

Kforce Inc stock is currently trading at $59.83 per share. It touched a 52-week high of $67.8654 and a 52-week low of $67.8654. Analysts tracking the stock have a 12-month average target price of $65.67.

Its 50-day moving average was $60.21 and 200-day moving average was $58.38 The short ratio stood at 7.02 indicating a short percent outstanding of 0%.

Around 578.9% of the company’s stock are held by insiders while 9027.8% are held by institutions.