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

Korn/Ferry International (NYSE:KFY – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the five ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $80.25.

A number of research analysts recently weighed in on KFY shares. Weiss Ratings restated a “buy (b)” rating on shares of Korn/Ferry International in a research note on Friday, September 18th. UBS Group increased their price target on Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a research note on Thursday, September 10th. Finally, Wall Street Zen cut Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Sunday, September 13th.

Read Our Latest Analysis on Korn/Ferry International

Korn/Ferry International Trading Up 0.8%

Shares of KFY stock opened at $76.54 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.37. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 14.44 and a beta of 1.25. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $87.51. The firm has a fifty day moving average price of $76.83 and a 200-day moving average price of $71.12.

Korn/Ferry International (NYSE:KFY – Get Free Report) last announced its earnings results on Wednesday, September 9th. The business services provider reported $1.43 EPS for the quarter, topping 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 company had revenue of $764.62 million for the quarter, compared to analysts’ expectations of $737.66 million. During the same period last year, the firm earned $1.26 EPS. Korn/Ferry International’s revenue for the quarter was up 6.9% compared to the same quarter last year. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. As a group, equities analysts predict that Korn/Ferry International will post 5.63 earnings per share for the current year.

Korn/Ferry International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Tuesday, September 22nd were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Tuesday, September 22nd. Korn/Ferry International’s dividend payout ratio is currently 41.51%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of KFY. Pension & Wealth Management Advisors Inc. bought a new position in Korn/Ferry International in the 3rd quarter worth about $25,000. Farther Finance Advisors LLC boosted its holdings in shares of Korn/Ferry International by 53.4% in the third quarter. Farther Finance Advisors LLC now owns 721 shares of the business services provider’s stock valued at $52,000 after purchasing an additional 251 shares during the period. IFP Advisors Inc boosted its holdings in shares of Korn/Ferry International by 80.7% in the second quarter. IFP Advisors Inc now owns 947 shares of the business services provider’s stock valued at $63,000 after purchasing an additional 423 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of Korn/Ferry International in the second quarter valued at approximately $64,000. Finally, Allworth Financial LP grew its stake in Korn/Ferry International by 111.6% in the second quarter. Allworth Financial LP now owns 1,219 shares of the business services provider’s stock worth $81,000 after purchasing an additional 643 shares in the last quarter. Institutional investors own 98.82% of the company’s stock.

About Korn/Ferry International

(Get Free Report)

Korn Ferry is a global organizational consulting firm that helps companies and other institutions align their people, strategy and operations. Its services are designed to support organizations across the employee lifecycle, from attracting and selecting talent to developing leaders, improving performance and managing organizational change.

The company’s principal offerings include executive search and professional recruitment, recruitment process outsourcing, leadership assessment and development, succession planning, executive coaching, compensation and rewards consulting, and broader organizational strategy.

Further Reading

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

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