The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics an ...

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. One company to watch right now is Kelly Services (KELYA) . KELYA is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with a P/E ratio o ...

The fourth annual global workforce report from Kelly, titled Building a Resilient Workforce in the Age of AI, has revealed Australian businesses have the lowest capability and resilience score out of 13 countries surveyed. One in two Australian executives (49%) find it difficult to source and retain the right talent, resulting in missed business opportunities, while only 43% believe AI will be critical to strengthening the capability of their workforce, the lowest percentage in the 13 countries surveyed. "A ...

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 is the latest in a series of strategic ...

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 Gro ...

Workers attribute this failure to their employers, citing a lack of skills development and career progression as their top frustrations. Notably, women say they are at a disadvantage in terms of career opportunities and are more likely to leave their current roles than men (34% vs. 20%). Workers who identify as being part of a minority group are nearly twice as likely to say they plan to quit in the next 12 months. Executives recognize these frustrations and acknowledge inadequate skill development and care ...

Kelly acquired MRP for a purchase price of $425 million. Additional cash consideration of up to $60 million may be due in the second quarter of 2025 if certain conditions are satisfied during an earn-out period ending on March 31, 2025. The earn-out payment is based on a multiple of gross profit in excess of an agreed-upon amount during the earn-out period. The Company funded the transaction through debt and available capital, including the rapid redeployment of more than $100 million from the sale of Kelly ...

Earnings per share in 2023 included $0.13 per share of restructuring charges net of tax. So on an adjusted basis, Q1 2024 EPS was $0.56 compared to $0.42 per share in Q1 of 2023, a 33% increase year-over-year. Also, we expect to continue to deliver sustained improvements in efficiency as the impact of our transformation-related actions continue. On a like-for-like basis, we expect adjusted SG&A expenses to be similar to Q1 2024. Overall, we expect adjusted EBITDA margin of about 3.3%, an improvement of 120 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 0-1088 KELLY SERVICES, INC. --------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 38-1510762 (Sta ...

Kelly Services (KELYA) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.74%. A quarter ago, it was expected that this staffing company would post earnings of $0.55 per share when it actually produced earnings of $0.93, delivering a surprise of 69.09%.Over the last four quarters, the ...