Korn/Ferry International (NYSE:KFY) Given Consensus Rating of “Moderate Buy” by Brokerages

Korn/Ferry International (NYSE:KFYGet Free Report) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $80.25.

A number of research firms recently weighed in on KFY. Robert W. Baird lifted their target price on Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 24th. Weiss Ratings upgraded shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Wall Street Zen lowered shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research report on Sunday. Truist Financial increased 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. Finally, UBS Group raised their price target on shares of Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a report on Thursday.

Read Our Latest Report on Korn/Ferry International

Institutional Investors Weigh In On Korn/Ferry International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KFY. IFP Advisors Inc increased its stake in shares of Korn/Ferry International by 69.4% in the 4th quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 206 shares during the last quarter. Clearstead Advisors LLC boosted its position in shares of Korn/Ferry International by 30,350.0% during the fourth quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock worth $40,000 after buying an additional 607 shares during the period. Kestra Investment Management LLC grew its stake in shares of Korn/Ferry International by 71.8% during the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after acquiring an additional 242 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in Korn/Ferry International by 200.0% during the second quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after purchasing an additional 400 shares during the last quarter. Finally, Danske Bank A S acquired a new position in shares of Korn/Ferry International during the 3rd quarter worth about $56,000. Institutional investors own 98.82% of the company’s stock.

Korn/Ferry International Stock Up 0.2%

Korn/Ferry International stock opened at $77.74 on Monday. The firm has a fifty day moving average price of $81.10 and a two-hundred day moving average price of $71.44. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $87.51. The firm has a market cap of $4.24 billion, a price-to-earnings ratio of 14.67 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.37.

Korn/Ferry International (NYSE:KFYGet Free Report) last released its earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.07. The firm had revenue of $764.62 million for the quarter, compared to analyst estimates of $737.66 million. Korn/Ferry International had a return on equity of 14.43% and a net margin of 9.36%.The company’s revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 EPS. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. As a group, analysts forecast that Korn/Ferry International will post 5.63 earnings per share for the current year.

Korn/Ferry International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 22nd will be given a dividend of $0.55 per share. The ex-dividend date is Tuesday, September 22nd. This represents a $2.20 annualized dividend and a dividend yield of 2.8%. Korn/Ferry International’s payout ratio is currently 41.51%.

About Korn/Ferry International

(Get Free Report)

Korn/Ferry International, doing business as Korn Ferry, is a global organizational consulting and talent advisory firm. The company helps organizations align their people, leadership and business strategies to improve performance and address workforce-related challenges.

Korn Ferry’s services include executive search, professional-level recruitment, recruitment process outsourcing, leadership assessment and development, succession planning, organizational strategy and culture consulting, and broader talent management solutions.

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