Company profile

Ticker
KFRC
Exchange
Website
CEO
David L. Dunkel
Employees
Incorporated
Location
Fiscal year end
Former names
KFORCE INC, KFORCE COM INC, ROMAC INTERNATIONAL INC
SEC CIK
IRS number
593264661

KFRC stock data

(
)

Calendar

4 Nov 20
19 Jan 21
31 Dec 21

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Kforce earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
7 Jan 21 Dunkel David L Common Stock Sell Dispose S Yes 45.05 961 43.29K 156,433
6 Jan 21 Hackman Jeffrey B. Common Stock Sell Dispose S Yes 44.68 1,100 49.15K 69,347
6 Jan 21 Dunkel David L Common Stock Sell Dispose S Yes 44.17 50,700 2.24M 157,394
31 Dec 20 Dunkel David L Common Stock Grant Aquire A No 0 80,185 0 208,094
31 Dec 20 Blackman Michael R Common Stock Grant Aquire A No 0 10,295 0 27,722
31 Dec 20 Thomas Andrew G Common Stock Grant Aquire A No 0 14,849 0 101,834
78.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 160 149 +7.4%
Opened positions 24 19 +26.3%
Closed positions 13 23 -43.5%
Increased positions 45 48 -6.3%
Reduced positions 78 69 +13.0%
13F shares
Current Prev Q Change
Total value 3.64B 2.97B +22.5%
Total shares 17.28M 17.5M -1.3%
Total puts 90.9K 25.4K +257.9%
Total calls 120.5K 76.2K +58.1%
Total put/call ratio 0.8 0.3 +126.3%
Largest owners
Shares Value Change
Vanguard 2.04M $65.54M -7.8%
BLK Blackrock 2.03M $65.35M -7.2%
Dimensional Fund Advisors 1.06M $33.99M -9.4%
FMR 1.01M $32.4M +75.1%
BEN Franklin Resources 678.75K $21.84M NEW
Acadian Asset Management 528K $16.99M -5.4%
LSV Asset Management 462.89K $14.89M -2.3%
AMP Ameriprise Financial 457.84K $14.73M -5.3%
NTRS Northern Trust 432.43K $13.91M -3.5%
STT State Street 427.34K $13.75M -2.1%
Largest transactions
Shares Bought/sold Change
BEN Franklin Resources 678.75K +678.75K NEW
FMR 1.01M +432.14K +75.1%
Merian Global Investors 0 -256.53K EXIT
Jupiter Asset Management 246.75K +246.75K NEW
Assenagon Asset Management 186K +186K NEW
Vanguard 2.04M -172.45K -7.8%
BLK Blackrock 2.03M -158.71K -7.2%
MS Morgan Stanley 23.11K -148.47K -86.5%
Royce & Associates 241.25K -142.91K -37.2%
Tributary Capital Management 427.3K -141.23K -24.8%

Financial report summary

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Risks
  • The U.S. professional staffing industry in which we operate is significantly affected by fluctuations in general economic and employment conditions.
  • Kforce may not be able to recruit and retain qualified consultants and candidates.
  • Kforce faces significant employment-related legal risk.
  • Our failure to keep pace with technological change in our industry could potentially place us at a competitive disadvantage.
  • Declines in business or a loss of our major client accounts could have a material adverse effect on our revenues and financial results.
  • Kforce may be adversely affected by government regulation of the staffing business and of the workplace.
  • Kforce may be adversely affected by immigration restrictions and reform.
  • Reclassification of our independent contractors by tax or regulatory authorities could have a material adverse effect on our business model and/or could require us to pay significant retroactive wages, taxes and penalties.
  • Kforce may be exposed to unforeseeable negative acts by our personnel that could have a material adverse effect on our business.
  • Significant increases in wages or payroll-related costs could have a material adverse effect on our financial results.
  • Kforce’s success depends upon retaining the services of its management team and key operating employees.
  • Kforce depends on the proper functioning of its information systems.
  • New business initiatives and strategic changes may divert management’s attention from normal business operations, which could have an adverse effect on our performance.
  • Kforce’s current market share may decrease as a result of limited barriers to entry for new competitors and discontinuation of clients outsourcing their staffing needs.
  • Adverse results in tax audits or interpretations of tax laws could have an adverse impact on our business.
  • Impairment charges relating to our goodwill, long-lived assets and equity method investment could have a material adverse effect on our operating results.
  • Delays in collecting our trade accounts receivable could have an adverse effect on our business.
  • Kforce maintains debt that exposes us to interest rate risk and contains restrictive covenants that could trigger prepayment of obligations or additional costs.
  • Due to inherent limitations, there can be no assurance that our system of disclosure and internal controls and procedures will be successful in preventing all errors and fraud, or in making all material information known in a timely manner to management.
  • Kforce’s stock price may be volatile.
  • Provisions in Kforce’s articles and bylaws and Florida law may have certain anti-takeover effects.
Management Discussion
  • Kforce provides professional staffing services and solutions to our clients on both a temporary (“Flex”) and permanent (“Direct Hire”) basis through our Tech and FA segments. We operate through our corporate headquarters in Tampa, Florida and through our various field offices located throughout the United States. As of September 30, 2020, Kforce employed approximately 2,000 associates and we had approximately 13,700 consultants on assignment (of which approximately 5,000 of these consultants were on assignment supporting the COVID-19 Business, which is expected to be of relatively short-term duration). Kforce serves clients across many industries and geographies as well as organizations of all sizes, with a particular focus on Fortune 1000 and other large companies. We believe that our portfolio of service offerings and client portfolio are key contributors to our performance during this pandemic and long-term financial stability.
Content analysis ?
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H.S. junior Avg
New words: accurate, Adam, aggrieved, allegedly, Bernardo, Buchsbaum, California, challenge, civil, Code, County, Diego, displayed, earned, Eastern, equitable, exempt, factor, failed, Gofton, growing, headcount, Hope, iii, improperly, iv, Kimbrel, meal, monitor, October, overtime, PAGA, Pennsylvania, plaintiff, political, Private, proper, reimburse, resiliency, San, sequential, situated, streamlining, Superior, tight, unpaid, unused, wage
Removed: February, serve, specifically