Korn/Ferry International (NYSE:KFY) Stock Has Average Price Target of $80.25 According to Brokerages

Korn/Ferry International (NYSE:KFY – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the five analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $80.25.

Several brokerages have weighed in on KFY. Wall Street Zen cut Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Sunday, September 13th. Robert W. Baird upped their price target on Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a research note on Wednesday, June 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Korn/Ferry International in a research note on Friday, September 18th. Finally, UBS Group upped their target price on shares of Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a research note on Thursday, September 10th.

Check Out Our Latest Research Report on KFY

Korn/Ferry International Stock Up 3.5%

Shares of NYSE KFY opened at $72.98 on Friday. The stock has a market cap of $3.98 billion, a PE ratio of 13.77 and a beta of 1.25. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.37 and a current ratio of 2.37. The business has a fifty day moving average of $79.88 and a two-hundred day moving average of $73.03. Korn/Ferry International has a 52-week low of $58.95 and a 52-week high of $87.51.

Korn/Ferry International (NYSE:KFY – Get Free Report) last released its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.07. Korn/Ferry International had a return on equity of 14.43% and a net margin of 9.36%.The firm had revenue of $764.62 million during the quarter, compared to analysts’ expectations of $737.66 million. During the same period last year, the firm posted $1.26 EPS. The business’s revenue was up 6.9% on a year-over-year basis. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. As a group, equities research analysts expect that Korn/Ferry International will post 5.63 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 Thursday, October 15th. Shareholders of record on Tuesday, September 22nd will be issued a dividend of $0.55 per share. The ex-dividend date is Tuesday, September 22nd. This represents a $2.20 annualized dividend and a yield of 3.0%. Korn/Ferry International’s payout ratio is currently 41.51%.

Institutional Investors Weigh In On Korn/Ferry International

Large investors have recently modified their holdings of the business. GAMMA Investing LLC lifted its holdings in shares of Korn/Ferry International by 3.4% during the 3rd quarter. GAMMA Investing LLC now owns 6,615 shares of the business services provider’s stock valued at $474,000 after purchasing an additional 220 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Korn/Ferry International by 53.4% during the third quarter. Farther Finance Advisors LLC now owns 721 shares of the business services provider’s stock worth $52,000 after acquiring an additional 251 shares during the period. Congress Asset Management Co. raised its holdings in shares of Korn/Ferry International by 21.2% during the third quarter. Congress Asset Management Co. now owns 59,098 shares of the business services provider’s stock worth $4,231,000 after acquiring an additional 10,357 shares during the period. QRG Capital Management Inc. boosted its stake in Korn/Ferry International by 33.0% in the 2nd quarter. QRG Capital Management Inc. now owns 14,475 shares of the business services provider’s stock worth $964,000 after purchasing an additional 3,593 shares during the period. Finally, Tidal Investments LLC increased its holdings in Korn/Ferry International by 27.6% during the 2nd quarter. Tidal Investments LLC now owns 312,031 shares of the business services provider’s stock worth $20,775,000 after purchasing an additional 67,495 shares in the last quarter. 98.82% of the stock is currently owned by institutional investors.

About Korn/Ferry International

(Get Free Report)

Korn/Ferry International, now known as Korn Ferry, is a global organizational consulting and executive search firm. The company helps organizations address leadership, talent and workforce challenges through services that include executive recruitment, professional search, succession planning, leadership development and organizational strategy.

Korn Ferry also provides talent assessment, workforce planning, compensation and rewards consulting, recruitment process outsourcing, and learning and development solutions.

Further Reading

Analyst Recommendations 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.