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 in the areas of office, professional, light industrial, and contact center specialties. The Science, Engineering & Technology segment offers staffing in the areas of science and clinical research, engineering, information technology, and telecommunications specialties. The Education segment provides staffing and executive search services to the K-12, early childhood, and higher education markets. The Outsourcing & Consulting segment offers recruitment process outsourcing, payroll process outsourcing, and talent advisory services, as well as managed services. The International segment provides staffing and direct-hire services in Europe and Mexico. The company serves customers in the United States, Canada, Mexico, Puerto Rico, France, Switzerland, Portugal, Russia, the United Kingdom, Italy, Germany, Ireland, rest of Europe, and the Asia-Pacific region. Kelly Services, Inc. was founded in 1946 and is headquartered in Troy, Michigan.
IPO Year:
Exchange: NASDAQ
Website: kellyservices.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/7/2022 | Buy → Neutral | Northcoast | |
| 8/10/2021 | $29.00 | Neutral → Buy | Northcoast |
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Northcoast downgraded Kelly Services from Buy to Neutral
Northcoast upgraded Kelly Services from Neutral to Buy and set a new price target of $29.00
Noble Financial upgraded Kelly Services from Market Perform to Outperform and set a new price target of $25.00
Noble Financial resumed coverage of Kelly Services with a rating of Buy and set a new price target of $25.00
Barrington Research reiterated coverage of Kelly Services with a rating of Outperform and set a new price target of $26.00 from $24.00 previously
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TROY, Mich., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading global specialty talent solutions provider, today announced the Company will participate in the following upcoming investor conferences: Midwest IDEAS Conference in Chicago on August 26, 2025 Management is scheduled to present at 8:35 a.m. CT and will participate in one-on-one meetings with investors throughout the day. Gateway Conference in San Francisco on September 3, 2025 Management is scheduled to present at 1:00 p.m. PT and will participate in one-on-one meetings with investors throughout the day. Barrington Research Fall Virtual Investment Conference on September 16, 2025 Manage
TROY, Mich., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Kelly + Motion Recruitment has been selected as both an IT Leader and Star Performer on Everest Group's 2025 US Contingent Staffing PEAK Matrix® Assessment. As the technology workforce solutions division of Kelly (NASDAQ:KELYA, KELYB)), Kelly + Motion Recruitment has been recognized for its remarkable growth in market impact, vision and strategic investments. While Motion Recruitment was named a Star Performer previously and Kelly was positioned as a Major Contender in IT in prior years, Everest Group noted that following Kelly's acquisition of Motion Recruitment Partners in 2024, the combined business has significantly grown its servic
TROY, Mich., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Kelly® Engineering, a division of leading specialty talent solutions provider Kelly (NASDAQ:KELYA, KELYB)), has been named a Star Performer and Leader on Everest Group's 2025 US Contingent Staffing PEAK Matrix® Assessment. The recognition marks the second straight year Kelly Engineering has been positioned as a Star Performer and the fourth consecutive year it has been named a Leader by Everest Group, highlighting its exceptional growth in market impact, vision and strategic investments. Kelly Engineering achieved this designation by continuing to diversify its industry coverage and sourcing capabilities for advanced engineering roles. Everes
TROY, Mich., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced results for the second quarter of 2025. Q2 revenue of $1.1 billion, up 4.2% year-over-year reflecting previously disclosed acquisitions, and down 3.3% on an organic basis Q2 operating earnings of $22.2 million; $24.6 million on an adjusted basis, down 12.1% versus the prior year periodQ2 adjusted EBITDA of $37.0 million, down 8.7% versus the prior year; adjusted EBITDA margin decreased 40 basis points ("bps") to 3.4%Company expects year-over-year revenue decline of 5% to 7% in Q3 driven by reduced demand for U.S. federal contractors and from certain l
TROY, Mich., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading global specialty talent solutions provider, today announced that Chris Layden has been selected to serve as president and chief executive officer, effective September 2, 2025. Layden will succeed Peter Quigley, who previously announced his intent to retire as president and chief executive officer. Quigley will remain as a strategic advisor to Kelly to ensure a smooth transition and will continue to serve as a member of the board of directors until the Company's next Annual Shareholders Meeting in May 2026. Layden is a dynamic industry leader with extensive experience leading organizations through tran
TROY, Mich., July 31, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a global specialty talent solutions provider, is the first company to have been named a Leader and Star Performer on all four Everest Group US Contingent Staffing PEAK Matrix® Assessments. The company achieved this unprecedented level of recognition for its market impact, vision and capability in professional, industrial, IT, and engineering talent and strategic solutions. "We're incredibly proud to have achieved this ‘clean sweep' of Everest Group's 2025 US Contingent Staffing PEAK Matrix® Assessments," Kelly President and CEO Peter Quigley said. "Being named a Leader and Star Performer across the board speaks t
NEWPORT BEACH, Calif., July 30, 2025 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the initial sponsors and presenting companies confirmed for its annual Gateway Conference taking place at the Four Seasons Hotel in San Francisco on September 3rd and 4th. The conference is expected to host more than 300 institutional investors and analysts for two days of company presentations and curated one-on-one meetings with executives from high-growth public and private companies across the tech, AI, cleantech, consumer, financial services, and industrials sectors. "We appreciate the strong support from our sponsors
TROY, Mich., July 24, 2025 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its second-quarter earnings before the market opens on Thursday, August 7, 2025. In conjunction with its earnings release, Kelly will publish a financial presentation and host a live webcast of a conference call with financial analysts at 9 a.m. ET on August 7 to review the results from the quarter and answer questions. The presentation and a link to the live webcast will be accessible through the Company's public website on the Investor Relations page under Events & Presentations. The webcast will be recorded, and a replay will be available within one hour of completio
TROY, Mich., July 16, 2025 (GLOBE NEWSWIRE) -- KellyOCG® + Sevenstep, the permanent hiring solutions business of leading specialty talent solutions provider Kelly (NASDAQ:KELYA, KELYB)), was recognized at the 2025 TIARA Talent Solutions Awards - US with the Morton Long-Term Partnership Award. The TIARA Talent Awards - US, presented by TALiNT Partners, celebrate the best recruitment process outsourcing (RPO), managed service provider (MSP), and talent solutions providers. The Morton Long-Term Partnership Award recognizes a relationship over at least five years that demonstrates sustained success and continuous improvement. "KellyOCG + Sevenstep impressed judges with their transfor
TROY, Mich., July 02, 2025 (GLOBE NEWSWIRE) -- KellyOCG® + Sevenstep, the permanent hiring solutions business of leading specialty talent solutions provider Kelly (NASDAQ:KELYA, KELYB)), has been named a Leader and Star Performer on Everest Group's 2025 Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment – Global. The recognition comes just months after the formal integration of KellyOCG's RPO specialty and Motion Recruitment Partners' talent acquisition brand, Sevenstep. Everest Group's PEAK Matrix® provides an objective, data-driven assessment of global RPO providers based on their market impact, vision and capability. Providers are assessed in seven categories: marke
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NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
TROY, Mich., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading global specialty talent solutions provider, today announced that Troy R. Anderson has been named executive vice president and chief financial officer designate, effective October 14, 2024. Following an orderly transition of responsibilities, Anderson will succeed Olivier Thirot, executive vice president and chief financial officer, who on July 8, 2024, informed Kelly of his intention to retire as an officer of the Company. Upon completion of the transition, Thirot will serve as a strategic advisor to the Company. "I am pleased to welcome Troy to Kelly as the Company's next chief financial officer. His
MICHIGAN CITY, Ind., Dec. 20, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. ("Horizon") announced today the retirement of Daniel F. Hopp from the Board of Directors (the "Board") and the appointment of Vanessa P. Williams to serve on the Board of Horizon Bancorp, Inc. Mr. Hopp will retire from the Board effective December 31, 2022 after serving for the past 18 years and reaching Horizon's mandatory retirement age. Mr. Hopp began his service to the Board of Directors of Horizon Bank in 2004 and from July 2013 through June 2022 served as Horizon Bancorp's Lead Director. In his tenure, he served on the Board's Compensation and Nominating Committee as well as the Corporate
MICHIGAN CITY, Ind., Jan. 19, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. ("Horizon" or the "Company") announced today the appointment of Vanessa Williams to serve as an independent director on the Board of its wholly owned subsidiary, Horizon Bank. Williams is Senior Vice President and General Counsel of Kelly Services, Inc. (NASDAQ:KELYA, KELYB))), a leading global workforce solutions company headquartered in Troy, Mich. "We are pleased to have an accomplished public company leader of Vanessa's caliber, based in one of Horizon Bank's most vibrant markets, joining our Board as we execute our strategy for accelerating growth and shareholder value creation," said Chai
TROY, Mich., July 20, 2021 (GLOBE NEWSWIRE) -- Institutions of higher learning are facing a dual challenge ahead of the 2021/22 academic year. The COVID-19 pandemic has caused enrollments to fluctuate at unprecedented levels while intensifying budget challenges across our nation's colleges and universities. Recognizing that these unknowns demand innovative workforce solutions, Kelly Education today announced the appointment of Dr. Michael Plater as vice president and practice leader for higher education. As the higher education leader for the nation's largest provider of education talent, Dr. Plater is tasked with reimagining college and university staffing models. He will expand workfo
TROY, Mich., July 12, 2021 (GLOBE NEWSWIRE) -- Kelly, a global leader in providing workforce solutions, today announced the appointment of Darren Simons as Chief Digital Officer. In this position, Darren has responsibility for leading an enterprise digitization roadmap, driving digital innovation that transforms and optimizes Kelly's business processes, developing new tech-enabled customer and candidate-facing solutions, creating new business models, and improving both internal and external digital experiences. He reports directly to Kelly President and CEO Peter Quigley. With a strong track record of driving digital innovation as well as leading enterprise-wide technology adoption and bu
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TROY, Mich., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced results for the second quarter of 2025. Q2 revenue of $1.1 billion, up 4.2% year-over-year reflecting previously disclosed acquisitions, and down 3.3% on an organic basis Q2 operating earnings of $22.2 million; $24.6 million on an adjusted basis, down 12.1% versus the prior year periodQ2 adjusted EBITDA of $37.0 million, down 8.7% versus the prior year; adjusted EBITDA margin decreased 40 basis points ("bps") to 3.4%Company expects year-over-year revenue decline of 5% to 7% in Q3 driven by reduced demand for U.S. federal contractors and from certain l
TROY, Mich., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading global specialty talent solutions provider, today announced that Chris Layden has been selected to serve as president and chief executive officer, effective September 2, 2025. Layden will succeed Peter Quigley, who previously announced his intent to retire as president and chief executive officer. Quigley will remain as a strategic advisor to Kelly to ensure a smooth transition and will continue to serve as a member of the board of directors until the Company's next Annual Shareholders Meeting in May 2026. Layden is a dynamic industry leader with extensive experience leading organizations through tran
TROY, Mich., July 24, 2025 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its second-quarter earnings before the market opens on Thursday, August 7, 2025. In conjunction with its earnings release, Kelly will publish a financial presentation and host a live webcast of a conference call with financial analysts at 9 a.m. ET on August 7 to review the results from the quarter and answer questions. The presentation and a link to the live webcast will be accessible through the Company's public website on the Investor Relations page under Events & Presentations. The webcast will be recorded, and a replay will be available within one hour of completio
TROY, Mich., May 08, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced results for the first quarter of 2025. Q1 revenue of $1.16 billion, up 11.5% year-over-year reflecting previously disclosed acquisitions, and up 0.2% on an organic basis Q1 operating earnings of $10.8 million; $22.1 million on an adjusted basis, down 4.3% versus the prior year periodQ1 adjusted EBITDA of $34.9 million, up 4.8% versus the prior year; adjusted EBITDA margin decreased 20 basis points (bps) to 3.0%Company expects year-over-year revenue growth of 6.0% to 7.0% in Q2. Also expects Q2 year-over-year adjusted EBITDA margin decline of 20 to 30
TROY, Mich., April 24, 2025 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its first-quarter earnings before the market opens on Thursday, May 8, 2025. In conjunction with its earnings release, Kelly will publish a financial presentation and host a live webcast of a conference call with financial analysts at 9 a.m. ET on May 8 to review the results from the quarter and answer questions. The presentation and a link to the live webcast will be accessible through the Company's public website on the Investor Relations page under Events & Presentations. The webcast will be recorded, and a replay will be available within one hour of completion of t
TROY, Mich., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced fourth-quarter and full-year 2024 earnings. Q4 revenue of $1.2 billion, down 3.3% year-over-year reflecting the previously disclosed dispositions and acquisitions, and up 4.4% on an organic basis. Full-year revenue of $4.3 billion, down 10.4% as reported and up 0.5% on an organic basis.Q4 operating loss of $56.7 million on $80.8 million non-cash impairment charges; $29.2 million of operating income on an adjusted basis, up 32% versus the prior year periodQ4 adjusted EBITDA of $43.5 million, up 34% versus the prior year; adjusted EBITDA margin increas
TROY, Mich., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its fourth-quarter and full-year earnings before the market opens on Thursday, February 13, 2025. In conjunction with its earnings release, Kelly will publish a financial presentation and host a live webcast of a conference call with financial analysts at 9 a.m. ET on February 13 to review the results from the quarter and answer questions. The presentation and a link to the live webcast will be accessible through the Company's public website on the Investor Relations page under Events & Presentations. The webcast will be recorded, and a replay will be available within
Following the sale of European staffing operations, Q3 revenue down 7.1% year-over-year; nearly flat on an organic basis Q3 operating earnings of $2.6 million; $11.7 million on an adjusted basis, down 24.5%Q3 adjusted EBITDA margin increased 20 basis points to 2.5%Company expects sale of European staffing operations, acquisition of Motion Recruitment Partners, LLC ("MRP"), ongoing transformation actions to contribute to continued year-over-year EBITDA margin expansion in Q4 2024 TROY, Mich., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced results for the third quarter of 2024. Peter Quigley, president and chie
TROY, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its third-quarter earnings before the market opens on Thursday, November 7, 2024. In conjunction with its third-quarter earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET. The call may be accessed in one of the following ways: Via the internet:kellyservices.com Via the telephone:(877) 692-8955 (toll free) or (234) 720-6979 (caller paid)Enter access code 5728672After the prompt, please enter "#" A recording of the conference call will be available after 1:30 p.
TROY, Mich., Oct. 08, 2024 (GLOBE NEWSWIRE) -- KellyOCG®, the outsourcing and consulting group of Kelly, has been named a Leader on Everest Group's 2024 PEAK Matrix® assessments for both Contingent Workforce Management (CWM) / Managed Service Provider (MSP) and Services Procurement. The workforce solutions provider was also recognized as a Star Performer in the MSP category. The PEAK Matrix provides an objective, data-driven assessment of US contingent workforce providers based on their market impact, vision, and capability. Providers are assessed in seven categories: market adoption, portfolio mix, value delivered, scope of services, innovation and investments, delivery footprint, and vi