Korn/Ferry International (NYSE:KFY) Updates Q1 2027 Earnings Guidance

Korn/Ferry International (NYSE:KFYGet Free Report) updated its first quarter 2027 earnings guidance on Tuesday. The company provided EPS guidance of 1.320-1.380 for the period, compared to the consensus estimate of 1.330. The company issued revenue guidance of -.

Korn/Ferry International Stock Up 5.5%

NYSE:KFY traded up $3.74 during midday trading on Tuesday, reaching $71.51. 142,028 shares of the stock traded hands, compared to its average volume of 520,233. The stock has a market capitalization of $3.71 billion, a PE ratio of 14.17 and a beta of 1.21. Korn/Ferry International has a 12-month low of $58.95 and a 12-month high of $78.50. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.01 and a current ratio of 2.01. The business has a 50-day moving average of $67.98 and a two-hundred day moving average of $66.13.

Korn/Ferry International (NYSE:KFYGet Free Report) last released its quarterly earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.03. The business had revenue of $768.26 million for the quarter, compared to analyst estimates of $743.35 million. Korn/Ferry International had a net margin of 9.29% and a return on equity of 14.36%. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.32 earnings per share. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. On average, equities analysts forecast that Korn/Ferry International will post 5.29 earnings per share for the current fiscal year.

Korn/Ferry International Dividend Announcement

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 given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Monday, July 6th. Korn/Ferry International’s dividend payout ratio is currently 43.48%.

Wall Street Analyst Weigh In

KFY has been the subject of several research analyst reports. Truist Financial increased their price objective on shares of Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. UBS Group lifted their price objective on shares of Korn/Ferry International from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Weiss Ratings upgraded Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Finally, Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $74.67.

Read Our Latest Stock Analysis on KFY

Institutional Investors Weigh In On Korn/Ferry International

Hedge funds have recently modified their holdings of the company. Wellington Management Group LLP grew its holdings in Korn/Ferry International by 48.3% in the third quarter. Wellington Management Group LLP now owns 3,475,576 shares of the business services provider’s stock valued at $243,221,000 after purchasing an additional 1,132,473 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Korn/Ferry International by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,880,716 shares of the business services provider’s stock valued at $190,188,000 after buying an additional 37,499 shares in the last quarter. State Street Corp raised its stake in shares of Korn/Ferry International by 1.6% during the 4th quarter. State Street Corp now owns 2,000,452 shares of the business services provider’s stock worth $132,933,000 after buying an additional 31,175 shares during the period. Invesco Ltd. raised its stake in shares of Korn/Ferry International by 1.1% during the 3rd quarter. Invesco Ltd. now owns 1,493,922 shares of the business services provider’s stock worth $104,545,000 after buying an additional 16,519 shares during the period. Finally, Morgan Stanley lifted its position in shares of Korn/Ferry International by 12.7% during the 4th quarter. Morgan Stanley now owns 933,946 shares of the business services provider’s stock valued at $61,659,000 after buying an additional 104,898 shares in the last quarter. 98.82% of the stock is owned by hedge funds and other institutional investors.

About Korn/Ferry International

(Get Free Report)

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

Earnings History and Estimates for Korn/Ferry International (NYSE:KFY)

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.