Kelly Services Inc. Stock Upgraded (KELYA)
- The revenue growth came in higher than the industry average of 10.5%. Since the same quarter one year prior, revenues slightly increased by 5.3%. Growth in the company's revenue appears to have helped boost the earnings per share.
- Although KELYA's debt-to-equity ratio of 0.14 is very low, it is currently higher than that of the industry average. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.47, which illustrates the ability to avoid short-term cash problems.
- Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Professional Services industry and the overall market on the basis of return on equity, KELLY SERVICES INC has outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.
- KELLY SERVICES INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. However, we anticipate underperformance relative to this pattern in the coming year. During the past fiscal year, KELLY SERVICES INC increased its bottom line by earning $1.72 versus $0.70 in the prior year. For the next year, the market is expecting a contraction of 19.8% in earnings ($1.38 versus $1.72).
-- Written by a member of TheStreet RatingsStaff
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