Korn/Ferry International (NYSE:KFY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Korn/Ferry International (NYSE:KFY) have been assigned an average recommendation of “Moderate Buy” from the five analysts that are currently 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 updated their coverage on the stock in the last year is $78.50.

Several equities research analysts have recently weighed in on KFY shares. Truist Financial increased their target price 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 Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. UBS Group upped their price target on Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 24th. Wall Street Zen lowered shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Robert W. Baird lifted their price objective on Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a report on Wednesday, June 24th.

Korn/Ferry International Stock Down 1.5%

Shares of NYSE KFY opened at $82.93 on Thursday. The business has a 50-day moving average price of $76.24 and a 200 day moving average price of $68.90. The stock has a market cap of $4.26 billion, a PE ratio of 15.83 and a beta of 1.19. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 52-week low of $58.95 and a 52-week high of $85.69.

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

Korn/Ferry International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Monday, July 6th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Monday, July 6th. Korn/Ferry International’s payout ratio is presently 41.98%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of Korn/Ferry International by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 6,159,477 shares of the business services provider’s stock worth $406,649,000 after purchasing an additional 44,425 shares during the period. California State Teachers Retirement System raised its holdings in shares of Korn/Ferry International by 24.5% during the 1st quarter. California State Teachers Retirement System now owns 61,713 shares of the business services provider’s stock valued at $3,885,000 after buying an additional 12,147 shares during the period. Moran Wealth Management LLC acquired a new position in Korn/Ferry International during the 1st quarter worth approximately $2,128,000. Principal Financial Group Inc. raised its stake in shares of Korn/Ferry International by 10.1% during the first quarter. Principal Financial Group Inc. now owns 328,723 shares of the business services provider’s stock valued at $20,693,000 after purchasing an additional 30,163 shares during the period. Finally, M&T Bank Corp grew its holdings in Korn/Ferry International by 5,956.0% during the 4th quarter. M&T Bank Corp now owns 229,884 shares of the business services provider’s stock valued at $15,177,000 after purchasing an additional 226,088 shares in the last quarter. 98.82% of the stock is currently owned by institutional investors and hedge funds.

About Korn/Ferry International

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.