Korn/Ferry International (NYSE:KFY – Get Free Report) posted its earnings results on Tuesday. The business services provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03, FiscalAI reports. Korn/Ferry International had a net margin of 9.29% and a return on equity of 14.36%. The business had revenue of $768.26 million for the quarter, compared to the consensus estimate of $743.35 million.
Korn/Ferry International Trading Down 5.2%
Shares of NYSE:KFY opened at $67.72 on Tuesday. The business’s 50-day moving average is $67.98 and its 200 day moving average is $66.13. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.01 and a quick ratio of 2.01. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $78.50. The firm has a market capitalization of $3.51 billion, a P/E ratio of 13.38 and a beta of 1.21.
Korn/Ferry International Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 3.2%. The ex-dividend date is Monday, July 6th. Korn/Ferry International’s payout ratio is 43.48%.
Institutional Investors Weigh In On Korn/Ferry International
Analysts Set New Price Targets
Several equities analysts recently issued reports on KFY shares. Weiss Ratings raised shares of Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Truist Financial upped their target price on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. UBS Group lifted their price target on Korn/Ferry International from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Finally, Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $74.67.
Check Out Our Latest Analysis on KFY
About Korn/Ferry International
Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company’s core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.
Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.
Recommended Stories
- Five stocks we like better than Korn/Ferry International
- SpaceX Valuation Loses Altitude as AI Risks Mount
- Copa Holdings May Be the Airline Stock Built to Break Out
- Buy CrowdStrike Before the Stock Split? Here’s the Case
- Investors Are Buying Into Sweetgreen Again—Should They?
Receive News & Ratings for Korn/Ferry International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Korn/Ferry International and related companies with MarketBeat.com's FREE daily email newsletter.
