Consolidating Above its 50-Day Moving Average Line - Wednesday, December 29, 2021
Extended From Base and Latest Quarter Earnings Growth Sub Par - Friday, November 19, 2021
Pulling Back Near Prior Highs Following Technical Breakout - Friday, October 15, 2021
Staffing Firm Still Faces Some Overhead Supply - Monday, September 13, 2021
Consolidating Above its 50-Day Moving Average Line - Wednesday, December 29, 2021
Kforce Inc (KFRC -$0.12 or -0.16% to $76.00) is consolidating above its 50-day moving average (DMA) line ($73.08) and prior low ($71.05 on 12/14/21) which define important near-term support levels to watch. Recently it reported Sep '21 quarterly earnings +8% on +10% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Its Earnings Per Share Rating is currently 89 and remains above the 80+ minimum guideline for buy candidates. Earnings rose in the 4 prior quarterly comparisons by more than the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been steady.
KFRC traded up as much as +36.9% since highlighted in yellow with pivot point cited based on its 6/02/21 high plus 10 cents in the 9/10/21 mid-day report (read here). It slumped but found support at its 50 DMA line since last shown in this FSU section in greater detail with an annotated graph in the FSU section on 11/19/21 under the headline, "Extended From Base and Latest Quarter Earnings Growth Sub Par".
KFRC hails from the Comml Svcs-Staffing group which is currently ranked 50th on the 197 Industry Groups list (L criteria). It has 21.4 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 370 in Sep '20 to 434 in Sep '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.8 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has a Timeliness Rating of B and Sponsorship Rating of C.
Extended From Base and Latest Quarter Earnings Growth Sub Par - Friday, November 19, 2021
Kforce Inc (KFRC +$1.59 or +2.05% to $79.00) is extended from any sound base and holding its ground near its all-time high. Its prior high and 50-day moving average (DMA) line ($66.77) define important near-term support to watch on pullbacks.
Recently it reported Sep '21 quarterly earnings +8% on +10% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Its Earnings Per Share Rating has slumped to 88 but remains above the 80+ minimum guideline for buy candidates. Earnings rose in the 4 prior quarterly comparisons by more than the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been steady.
KFRC was highlighted in yellow with pivot point cited based on its 6/02/21 high plus 10 cents in the 9/10/21 mid-day report (read here). It was last shown in this FSU section in greater detail with an annotated graph in the FSU section on 10/15/21 under the headline, "Pulling Back Near Prior Highs Following Technical Breakout".
KFRC hails from the Comml Svcs-Staffing group which is currently ranked 43th on the 197 Industry Groups list (L criteria). It has 21.4 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 370 in Sep '20 to 441 in Sep '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 2.1 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has a Timeliness Rating of B and Sponsorship Rating of C.
Pulling Back Near Prior Highs Following Technical Breakout - Friday, October 15, 2021
Kforce Inc (KFRC -$0.79 or -1.21% to $64.38) pulled back with higher (near average) volume for a 3rd consecutive loss. Prior highs in the $64 area define initial support to watch. It made limited progress since its 10/07/21 gain for a new all-time high backed by +58% above average volume triggered a technical buy signal.
KFRC was highlighted in yellow with pivot point cited based on its 6/02/21 high plus 10 cents in the 9/10/21 mid-day report (read here). It was last shown in this FSU section in greater detail with an annotated graph in the FSU section on 9/13/21 under the headline, "Staffing Firm Still Faces Some Overhead Supply".
Fundamentals are strong. It has a 95 Earnings Per Share Rating. Earnings rose +113% on +18% sales revenues for the Jun '21 quarter versus the year ago period, its 4th quarterly earnings increase above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been steady.
KFRC hails from the Comml Svcs-Staffing group which is currently ranked 26th on the 197 Industry Groups list (L criteria). It has 21.6 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 370 in Sep '20 to 436 in Sep '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.7 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has a Timeliness Rating of A and Sponsorship Rating of C.
Staffing Firm Still Faces Some Overhead Supply - Monday, September 13, 2021
Kforce Inc (KFRC) was highlighted in yellow with pivot point cited based on its 6/02/21 high plus 10 cents in the 9/10/21 mid-day report (read here). It is still consolidating near its 50-day moving average (DMA) line ($59.69) which has acted as resistance while trying to rebound toward its all-time high. Subsequent gains above its pivot point backed by at least +40% above average volume are needed to trigger a technical buy signal.
It has a 95 Earnings Per Share Rating. Earnings rose +113% on +18% sales revenues for the Jun '21 quarter versus the year ago period, its 4th quarterly earnings increase above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been steady.
KFRC hails from the Comml Svcs-Staffing group which is currently ranked 45th on the 197 Industry Groups list (L criteria). It has 21.6 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 370 in Sep '20 to 426 in Jun '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has a Timeliness Rating of A and Sponsorship Rating of C.