Edward Hoofnagle, CFA
Long/short equity, value, CFA, private equity

KForce - Bridges To Cross

KFRC - Bridges Still To Cross

This morning saw a pop up in Kforc (NASDAQ:KFRC) due to a positive research report from Credit Suisse. The investment bank had dropped coverage in April due to a departing analyst, but re-initiated coverage with an outperform and price target of $25.

Among other notable events, the Directors had approved a $0.10 cash dividend in December. This article will focus on the financial attractiveness of KFRC using financial and non-financial indicators.

Industry

Credit Suisse has released a research report from the analysts, presumably the new analysts who have reinstated coverage on KFRC, stating that the industry is facing the good fortune of a positive staffing super-cycle, suggesting growth prospects from a structurally...

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