Via the internet: kellyservices.com A recording of the conference call will be available after 1:30 p.m. ET on August 8, 2024, at (866) 207-1041 (toll-free) and (402) 970-0847 (caller-paid). The access code is 2784290#. The recording will also be available at kellyservices.com during this period. Kelly Services, Inc. (Nasdaq: KELYA, KELYB) helps companies recruit and manage skilled workers and helps job seekers find great work. Since inventing the staffing industry in 1946, we have become experts in the man ...

While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable. While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why? There has been incr ...

This staffing company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 45.42%. Price and EPS Surprise Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high a ...

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 ...