Korn/Ferry International (NYSE:KFY) Receives $78.50 Average Price Target from Brokerages

Shares of Korn/Ferry International (NYSE:KFYGet Free Report) have been assigned an average rating of “Moderate Buy” from the five research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $78.50.

KFY has been the topic of a number of recent research reports. UBS Group boosted their target price on shares of Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Wall Street Zen lowered shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Truist Financial lifted their price target on shares of Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Weiss Ratings upgraded shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Finally, Robert W. Baird upped their price objective on shares of Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a research report on Wednesday, June 24th.

Read Our Latest Research Report on KFY

Institutional Investors Weigh In On Korn/Ferry International

Hedge funds have recently bought and sold shares of the business. Royal Bank of Canada raised its position in shares of Korn/Ferry International by 22.7% in the 1st quarter. Royal Bank of Canada now owns 11,413 shares of the business services provider’s stock valued at $775,000 after purchasing an additional 2,112 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Korn/Ferry International by 3.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,567 shares of the business services provider’s stock worth $2,073,000 after buying an additional 1,009 shares in the last quarter. Millennium Management LLC grew its position in shares of Korn/Ferry International by 566.9% during the first quarter. Millennium Management LLC now owns 124,786 shares of the business services provider’s stock worth $8,464,000 after buying an additional 106,076 shares in the last quarter. United Services Automobile Association bought a new stake in shares of Korn/Ferry International in the first quarter worth $231,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Korn/Ferry International by 6.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 172,556 shares of the business services provider’s stock worth $11,704,000 after buying an additional 11,020 shares during the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Stock Performance

Shares of NYSE:KFY opened at $78.28 on Friday. The company has a market cap of $3.98 billion, a P/E ratio of 14.94 and a beta of 1.21. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.94 and a current ratio of 1.94. Korn/Ferry International has a one year low of $58.95 and a one year high of $79.97. The business’s 50-day simple moving average is $71.72 and its 200 day simple moving average is $67.16.

Korn/Ferry International (NYSE:KFYGet Free Report) last released its quarterly earnings results on Tuesday, June 23rd. The business services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.37 by $0.03. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.The firm had revenue of $768.26 million for the quarter, compared to analyst estimates of $743.35 million. During the same period in the previous year, the company posted $1.32 EPS. Korn/Ferry International’s revenue for the quarter was up 6.7% on a year-over-year basis. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. On average, sell-side analysts forecast that Korn/Ferry International will post 5.75 earnings per share for the current fiscal year.

Korn/Ferry International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be paid a $0.55 dividend. The ex-dividend date is Monday, July 6th. This represents a $2.20 annualized dividend and a dividend yield of 2.8%. Korn/Ferry International’s payout ratio is 41.98%.

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.

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Analyst Recommendations for Korn/Ferry International (NYSE:KFY)

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