Kelly Pretax Profit Margin vs Gross Profit Margin Analysis

KELYB Stock  USD 14.72  0.13  0.89%   
Kelly Services financial indicator trend analysis is infinitely more than just investigating Kelly Services B recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kelly Services B is a good investment. Please check the relationship between Kelly Services Pretax Profit Margin and its Gross Profit Margin accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelly Services B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Pretax Profit Margin vs Gross Profit Margin

Pretax Profit Margin vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kelly Services B Pretax Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kelly Services' Pretax Profit Margin and Gross Profit Margin is -0.64. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Kelly Services B, assuming nothing else is changed. The correlation between historical values of Kelly Services' Pretax Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of Kelly Services B are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Pretax Profit Margin i.e., Kelly Services' Pretax Profit Margin and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Pretax Profit Margin

Gross Profit Margin

Most indicators from Kelly Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kelly Services B current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelly Services B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
The current year's Enterprise Value is expected to grow to about 1 B, whereas Selling General Administrative is forecasted to decline to about 926.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.5M2.1M3.2M3.0M
Depreciation And Amortization52.8M55.7M56.4M33.1M

Kelly Services fundamental ratios Correlations

0.70.970.990.63-0.10.980.330.870.840.330.960.40.090.120.990.970.810.920.260.30.30.030.33-0.410.75
0.70.80.640.590.230.590.090.450.50.090.810.21-0.01-0.50.740.790.40.510.32-0.34-0.210.170.280.130.86
0.970.80.930.61-0.060.920.340.780.780.340.980.350.08-0.030.990.990.770.830.330.160.270.040.38-0.260.8
0.990.640.930.6-0.110.990.270.90.860.260.940.380.140.180.960.940.840.910.160.380.33-0.020.36-0.520.72
0.630.590.610.6-0.150.60.430.710.440.430.67-0.120.2-0.180.650.650.640.680.570.150.21-0.160.06-0.120.75
-0.10.23-0.06-0.11-0.15-0.12-0.77-0.15-0.05-0.770.010.19-0.29-0.18-0.09-0.13-0.31-0.20.08-0.42-0.470.360.260.510.0
0.980.590.920.990.6-0.120.30.90.80.30.910.350.180.190.950.930.850.90.210.430.39-0.060.37-0.520.7
0.330.090.340.270.43-0.770.30.220.091.00.24-0.030.170.030.380.410.330.440.520.280.46-0.18-0.28-0.080.21
0.870.450.780.90.71-0.150.90.220.80.220.790.110.320.230.830.780.930.870.180.550.49-0.260.38-0.620.67
0.840.50.780.860.44-0.050.80.090.80.080.820.47-0.070.340.810.750.70.79-0.050.310.180.140.27-0.520.52
0.330.090.340.260.43-0.770.31.00.220.080.24-0.030.170.030.380.410.330.440.520.280.46-0.18-0.28-0.080.21
0.960.810.980.940.670.010.910.240.790.820.240.39-0.030.020.970.960.750.820.270.110.160.130.35-0.280.8
0.40.210.350.38-0.120.190.35-0.030.110.47-0.030.39-0.770.520.40.3-0.10.44-0.14-0.11-0.390.85-0.28-0.03-0.13
0.09-0.010.080.140.2-0.290.180.170.32-0.070.17-0.03-0.77-0.380.050.140.490.030.120.480.64-0.960.45-0.320.4
0.12-0.5-0.030.18-0.18-0.180.190.030.230.340.030.020.52-0.380.06-0.070.140.26-0.280.570.250.27-0.13-0.49-0.52
0.990.740.990.960.65-0.090.950.380.830.810.380.970.40.050.060.980.770.910.340.220.270.070.29-0.310.76
0.970.790.990.940.65-0.130.930.410.780.750.410.960.30.14-0.070.980.780.840.340.190.29-0.020.34-0.290.83
0.810.40.770.840.64-0.310.850.330.930.70.330.75-0.10.490.140.770.780.730.170.590.68-0.480.53-0.640.69
0.920.510.830.910.68-0.20.90.440.870.790.440.820.440.030.260.910.840.730.320.390.280.080.05-0.410.59
0.260.320.330.160.570.080.210.520.18-0.050.520.27-0.140.12-0.280.340.340.170.32-0.020.25-0.09-0.030.520.36
0.3-0.340.160.380.15-0.420.430.280.550.310.280.11-0.110.480.570.220.190.590.39-0.020.79-0.510.26-0.68-0.05
0.3-0.210.270.330.21-0.470.390.460.490.180.460.16-0.390.640.250.270.290.680.280.250.79-0.720.51-0.490.14
0.030.170.04-0.02-0.160.36-0.06-0.18-0.260.14-0.180.130.85-0.960.270.07-0.02-0.480.08-0.09-0.51-0.72-0.450.35-0.26
0.330.280.380.360.060.260.37-0.280.380.27-0.280.35-0.280.45-0.130.290.340.530.05-0.030.260.51-0.45-0.260.39
-0.410.13-0.26-0.52-0.120.51-0.52-0.08-0.62-0.52-0.08-0.28-0.03-0.32-0.49-0.31-0.29-0.64-0.410.52-0.68-0.490.35-0.26-0.13
0.750.860.80.720.750.00.70.210.670.520.210.8-0.130.4-0.520.760.830.690.590.36-0.050.14-0.260.39-0.13
Click cells to compare fundamentals

Kelly Services Account Relationship Matchups

Kelly Services fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.6B2.9B2.7B2.6B1.4B
Other Current Liab358.5M315.7M339.2M338.7M348.2M251.7M
Total Current Liabilities884.1M925.6M1.1B1.1B1.0B563.1M
Total Stockholder Equity1.3B1.2B1.3B1.3B1.3B742.1M
Property Plant And Equipment Net103.5M124.2M111.1M94.6M71.6M117.4M
Net Debt39.5M(135.6M)(33.8M)(83.3M)(74.5M)(78.2M)
Retained Earnings1.2B1.2B1.3B1.2B1.2B720.9M
Cash25.8M223M112.7M153.7M125.8M86.3M
Non Current Assets Total1.1B1.0B1.3B948.6M955M1.0B
Non Currrent Assets Other324.1M319.9M389.1M367.5M260.4M150.6M
Cash And Short Term Investments25.8M223M112.7M153.7M125.8M86.7M
Net Receivables1.3B1.3B1.4B1.5B1.2B799.9M
Common Stock Shares Outstanding39.2M39.3M39.5M38.1M36.3M30.6M
Liabilities And Stockholders Equity2.5B2.6B2.9B2.7B2.6B1.4B
Other Current Assets76.5M61.4M52.8M69.9M340.2M357.2M
Other Stockholder Equity1.6M4.2M8.8M7.9M(26.7M)(25.4M)
Total Liab1.2B1.4B1.6B1.4B1.3B705.0M
Total Current Assets1.4B1.5B1.6B1.7B1.6B974.4M
Accumulated Other Comprehensive Income(15.8M)(4.2M)(27.7M)(8.5M)200K190K
Accounts Payable503.6M536.8M687.2M723.3M646.1M678.4M
Non Current Liabilities Total332M433.3M462.8M280.8M308M175.9M
Short Long Term Debt Total65.3M87.4M78.9M70.4M51.3M61.3M
Intangible Assets49.9M55.6M122M172.4M150.8M158.3M
Good Will127.8M3.5M114.8M151.1M136.0M129.2M
Short Term Debt22M19.9M17.5M15.4M8.4M8.0M
Property Plant And Equipment Gross43.1M222M205.1M166.8M185.1M117.8M
Net Tangible Assets1.1B1.2B1.2B1.1B1.3B1.1B
Other Assets503.3M787M691.9M524.1M602.7M440.4M
Retained Earnings Total Equity1.2B1.2B1.3B1.2B1.4B1.0B
Capital Surpluse22.5M21.3M23.9M28M25.2M20.7M
Deferred Long Term Liab187.4M205.8M220M174.1M200.2M167.9M
Treasury Stock(20.9M)(17.1M)(15.1M)(20.1M)(18.1M)(19.0M)
Non Current Liabilities Other144.6M227.5M86.8M106.7M6.8M6.5M
Accumulated Depreciation(182.7M)(181.3M)(169.8M)(139M)(159.9M)(167.8M)
Property Plant Equipment43.1M41M111.1M27.8M25.0M23.8M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Kelly Services B offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kelly Services' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kelly Services B Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kelly Services B Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelly Services B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Professional Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kelly Services. If investors know Kelly will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kelly Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.89)
Dividend Share
0.3
Earnings Share
1.16
Revenue Per Share
123.616
Quarterly Revenue Growth
(0.07)
The market value of Kelly Services B is measured differently than its book value, which is the value of Kelly that is recorded on the company's balance sheet. Investors also form their own opinion of Kelly Services' value that differs from its market value or its book value, called intrinsic value, which is Kelly Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kelly Services' market value can be influenced by many factors that don't directly affect Kelly Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kelly Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kelly Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kelly Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.