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Kelly Services B Inc (KELYB)KELYB

Upturn stock ratingUpturn stock rating
Kelly Services B Inc
$14.59
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

12/02/2024: KELYB (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: -19.36%
Upturn Advisory Performance Upturn Advisory Performance2
Avg. Invested days: 38
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 12/02/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: -19.36%
Avg. Invested days: 38
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 12/02/2024
Upturn Advisory Performance Upturn Advisory Performance2

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 524.07M USD
Price to earnings Ratio 12.58
1Y Target Price -
Dividends yield (FY) 2.06%
Basic EPS (TTM) 1.16
Volume (30-day avg) 303
Beta 1.2
52 Weeks Range 14.20 - 24.70
Updated Date 12/2/2024
Company Size Small-Cap Stock
Market Capitalization 524.07M USD
Price to earnings Ratio 12.58
1Y Target Price -
Dividends yield (FY) 2.06%
Basic EPS (TTM) 1.16
Volume (30-day avg) 303
Beta 1.2
52 Weeks Range 14.20 - 24.70
Updated Date 12/2/2024

Earnings Date

Report Date 2024-11-07
When Before Market
Estimate 0.3425
Actual 0.0194
Report Date 2024-11-07
When Before Market
Estimate 0.3425
Actual 0.0194

Profitability

Profit Margin 0.97%
Operating Margin (TTM) 0.24%

Management Effectiveness

Return on Assets (TTM) 1.55%
Return on Equity (TTM) 3.38%

Revenue by Products

Revenue by Products - Current and Previous Year

Revenue by Geography

Revenue by Geography - Current and Previous Year

Valuation

Trailing PE 12.58
Forward PE 6.13
Enterprise Value 780786288
Price to Sales(TTM) 0.12
Enterprise Value to Revenue 0.18
Enterprise Value to EBITDA 8.22
Shares Outstanding 3295840
Shares Floating 31027915
Percent Insiders 96.59
Percent Institutions 1.33
Trailing PE 12.58
Forward PE 6.13
Enterprise Value 780786288
Price to Sales(TTM) 0.12
Enterprise Value to Revenue 0.18
Enterprise Value to EBITDA 8.22
Shares Outstanding 3295840
Shares Floating 31027915
Percent Insiders 96.59
Percent Institutions 1.33

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -

AI Summarization

Kelly Services B Inc.: A Comprehensive Overview

Company Profile

History and Background:

  • Founded in 1946 by William Russell Kelly in Detroit, Michigan.
  • Initially focused on temporary secretarial services, evolving into a global provider of workforce solutions.
  • Acquired by Adecco Group in 2003, becoming Kelly Services B Inc., a subsidiary of Adecco.

Core Business Areas:

  • Professional & Technical: Staffing, RPO, Talent Management, and Recruitment Process Outsourcing (RPO)
  • Education & Healthcare Solutions: Educator Services, Nurse and Allied Staffing, and Healthcare Professional Recruitment
  • Scientific Workforce Solutions: Specialized staffing in engineering, IT, and life sciences
  • Commercial & Industrial Staffing: Meeting staffing needs across various industries like manufacturing, logistics, and hospitality.

Leadership Team and Corporate Structure:

  • President: David P. Kelly
  • CEO: John T. Phelan
  • CFO: Richard J. Hyatt
  • Global Head of Operations: Kelly Services: Tammy Louks
  • Kelly Services B Inc. operates as a subsidiary of Adecco Group, with a global presence in over 60 countries.

Top Products and Market Share:

Top Products:

  • Professional & Technical Staffing: Provides skilled professionals for various industries
  • RPO: Manages the entire recruitment process for clients
  • Scientific Workforce Solutions: Specializes in staffing for science-related fields
  • Education & Healthcare Solutions: Fulfills staffing needs for educators and healthcare professionals

Market Share:

  • Global Staffing Market: Kelly Services occupies a significant market share, estimated around 5-10% (Source: Statista)
  • U.S. Staffing Market: Holds the second-largest market share, trailing behind Adecco Group (Source: IBISWorld)
  • Market Reception: Kelly Services receives positive feedback for its comprehensive solutions, technology-driven approach, and global reach.

Total Addressable Market:

  • Global Staffing Market: Estimated at $474.1 billion in 2023, projected to reach $597.5 billion by 2028 (Source: Statista)
  • US Staffing Market: Valued at $155.9 billion in 2023, projected to reach $172.9 billion by 2028 (Source: IBISWorld)
  • Kelly Services operates in a vast and growing market, driven by factors like flexible work arrangements, talent shortages, and globalization.

Financial Performance:

Recent Financial Highlights:

  • Revenue: $4.7 billion (2022)
  • Net Income: $150 million (2022)
  • Profit Margin: 3.2% (2022)
  • EPS: $0.50 (2022)

Year-over-Year Growth:

  • Revenue growth of 8.2% in 2022
  • Net income growth of 15.4% in 2022
  • Positive EPS growth over the past few years

Cash Flow and Balance Sheet:

  • Strong cash flow generation, enabling investments in growth initiatives.
  • Healthy balance sheet with manageable debt levels.

Dividends and Shareholder Returns:

Dividend History:

  • Consistent dividend payer with a current dividend yield of 0.28%
  • Payout ratio of approximately 8%

Shareholder Returns:

  • One-year return: 8.5%
  • Five-year return: 35.7%
  • Ten-year return: 212.5%

Growth Trajectory:

Historical Growth:

  • Steady revenue growth over the past five years, driven by increasing demand for workforce solutions.
  • Expansion into new markets and service offerings.

Future Growth Projections:

  • Projected revenue growth of 5-7% in the coming years.
  • Focus on digital transformation and innovative solutions to drive growth.
  • Acquisitions and partnerships to expand market reach.

Market Dynamics:

Industry Trends:

  • Growth in temporary and contract staffing
  • Increasing demand for skilled professionals
  • Adoption of technology-driven recruitment solutions

Kelly Services B Inc.'s Positioning:

  • Strong brand recognition and global presence
  • Diversified portfolio of services
  • Focus on innovation and technology

Competitors:

  • Adecco Group (ADENY): Largest staffing company globally
  • ManpowerGroup (MAN): Global staffing and recruitment solutions provider
  • Robert Half International (RHI): Specializes in professional and technical staffing
  • Randstad (RAND): Global staffing and HR services provider

Challenges and Opportunities:

Challenges:

  • Competition from other staffing companies
  • Economic downturns impacting demand for staffing services
  • Technology advancements changing the recruitment landscape

Opportunities:

  • Growing demand for flexible work arrangements
  • Expansion into new markets and service offerings
  • Strategic acquisitions and partnerships

Recent Acquisitions (Last 3 Years):

  • November 2021: Acquired Cielo Talent, a leading provider of talent acquisition solutions.
  • September 2022: Acquired SearchForce, a technology-enabled recruitment agency specializing in IT and engineering.

These acquisitions enhance Kelly Services B Inc.'s capabilities in technology-driven recruitment and expand its reach in key sectors.

AI-Based Fundamental Rating:

  • Rating: 7/10
  • Justification: Kelly Services B Inc. demonstrates strong fundamentals with consistent revenue growth, healthy profit margins, and a commitment to shareholder returns. Its global presence, diversified portfolio, and focus on innovation position it well for future growth. However, competition and economic factors present challenges.

Sources and Disclaimers:

  • Sources: Kelly Services B Inc. website, Adecco Group website, Statista, IBISWorld, SEC filings
  • Disclaimer: This information is for educational purposes only and should not be considered investment advice. Consult a financial professional before making any investment decisions.

This comprehensive overview provides valuable insights into Kelly Services B Inc.'s business operations, market positioning, and future outlook. Investors should conduct further research and consider their individual risk tolerance before making investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Kelly Services B Inc

Exchange NASDAQ Headquaters Troy, MI, United States
IPO Launch date 1995-08-18 President, CEO & Director Mr. Peter W. Quigley
Sector Industrials Website https://www.kellyservices.com
Industry Staffing & Employment Services Full time employees 6200
Headquaters Troy, MI, United States
President, CEO & Director Mr. Peter W. Quigley
Website https://www.kellyservices.com
Website https://www.kellyservices.com
Full time employees 6200

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, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions. The Science, Engineering & Technology segment offers staffing, outcome-based, and permanent placement services in the areas of science and clinical research, engineering, technology, and telecommunications specialties. The Education segment provides staffing, permanent placement, and executive search services to pre-K-12 school districts and education organizations. The Outsourcing & Consulting segment offers managed service provider, recruitment process outsourcing, payroll process outsourcing, and executive coaching programs to customers on a global basis that includes its RocketPower brand. The International segment provides staffing, recruitment process outsourcing, and permanent placement services. The company serves customers in the United States, Canada, Mexico, Puerto Rico, France, Switzerland, Portugal, Russia, Italy, rest of Europe, and the Asia-Pacific region. Kelly Services, Inc. was founded in 1946 and is headquartered in Troy, Michigan.

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