IT Stocks Set To Surge!
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 16 2024
0mins
Get Free Real-Time Notifications for Any Stock
Monitor tickers like KELYA with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on KELYA
Wall Street analysts forecast KELYA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KELYA is 16.50 USD with a low forecast of 16.00 USD and a high forecast of 17.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 9.940
Low
16.00
Averages
16.50
High
17.00
Current: 9.940
Low
16.00
Averages
16.50
High
17.00
About KELYA
Kelly Services, Inc. helps companies recruit and manage skilled workers and helps job seekers find work. The Company's segments include Enterprise Talent Management (ETM), Science, Engineering & Technology (SET), and Education. ETM and SET segments provide solutions, which include temporary staffing, permanent placement, outcome-based and talent. Education segment provides solutions, which include temporary staffing and permanent placement. ETM segment’s specialties include industrial, contact center, office clerical, managed service provider (MSP), recruitment process outsourcing (RPO), and payroll process outsourcing (PPO). SET segment’s specialties include engineering, science and clinical, technology and telecom. Education segment’s specialties include K-12, special ed/needs, tutoring, therapy services and executive search. Its brands include KellyConnect, RocketPower, NextGen, GTA, Softworld, Greenwood Asher & Associates, Teachers On Call and Pediatric Therapeutic Services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Heritage Global Inc (HGBL) Acquires Debt Exchange Assets, Shares Surge 19.1%
- Significant Stock Surge: Heritage Global Inc's shares rose 19.1% to $1.62 in pre-market trading, reflecting strong market confidence in the company's growth potential following the acquisition announcement.
- Acquisition Details: The company's subsidiary, Heritage DebtX, acquired substantially all assets of The Debt Exchange, which not only strengthens its asset base but also enhances its competitive position in the debt trading market.
- Strong Market Reaction: The acquisition news generated significant investor interest, with Heritage Global's stock performing notably well in pre-market trading, indicating market approval of its strategic direction.
- Future Growth Potential: This acquisition positions Heritage Global to capture a larger market share in debt management and trading, potentially leading to long-term revenue growth and business expansion opportunities.
Continue Reading
Kelly Services Adopts Shareholder Rights Plan to Safeguard 92.2% Stake
- Shareholder Rights Plan: On January 11, 2026, Kelly Services' Board unanimously adopted a shareholder rights plan to provide sufficient time for evaluating the terms of the sale of 92.2% of shares, thereby protecting the interests of all shareholders.
- Sale Notification: The Terence E. Adderley Revocable Trust notified the Board on January 9, 2026, of its intent to sell its 92.2% voting Class B common stock to a private party, potentially impacting the company's control.
- Rights Distribution Details: Under the rights plan, the company will issue rights to purchase 0.9833 shares of Class A and 0.0167 shares of Class B common stock to shareholders, effective as of January 11, 2026, enhancing shareholder engagement.
- Exercisability Conditions: If any person or group acquires 75% or more of the Class B common stock, the rights will become exercisable, allowing holders to receive common stock valued at twice the exercise price, which could lead to significant changes in company control.
Continue Reading