Robert W. Baird Believes Kforce (KFRC) Won’t Stop Here


Robert W. Baird analyst Mark Marcon reiterated a Buy rating on Kforce (NASDAQ: KFRC) yesterday and set a price target of $45. The company’s shares opened today at $41.40, close to its 52-week high of $41.90.

According to TipRanks.com, Marcon is a 5-star analyst with an average return of 30.7% and a 83.3% success rate. Marcon covers the Services sector, focusing on stocks such as AMN Healthcare Services Inc, Korn/Ferry International, and Insperity Inc.

Kforce has an analyst consensus of Moderate Buy, with a price target consensus of $40.67.

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Based on Kforce’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $16.27 million. In comparison, last year the company had a net profit of $11.14 million.

Based on the recent corporate insider activity of 118 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Kforce, Inc. engages in the provision of professional and technical staffing services and solutions. It operates through the following segments: Technology, Finance and Accounting, and Government Solutions.

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