Korn Ferry (NYSE:KFY) posted its quarterly earnings data on Sunday. The business services provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.44, MarketWatch Earnings reports. The business had revenue of $475.40 million during the quarter, compared to analysts’ expectations of $423.00 million. Korn Ferry had a net margin of 0.92% and a return on equity of 7.52%. The business’s revenue was down 7.7% on a year-over-year basis. During the same period last year, the firm posted $0.39 earnings per share.

Korn Ferry stock traded up $1.50 during midday trading on Tuesday, reaching $63.06. The stock had a trading volume of 637,903 shares, compared to its average volume of 355,326. The firm’s fifty day simple moving average is $49.92 and its two-hundred day simple moving average is $38.36. Korn Ferry has a twelve month low of $21.45 and a twelve month high of $64.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.09 and a quick ratio of 2.09. The firm has a market cap of $3.40 billion, a price-to-earnings ratio of 233.22 and a beta of 1.61.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 15th. Investors of record on Wednesday, March 10th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date of this dividend is Tuesday, March 9th. Korn Ferry’s dividend payout ratio is 13.75%.

KFY has been the subject of several recent analyst reports. Zacks Investment Research cut shares of Korn Ferry from a “buy” rating to a “hold” rating in a report on Tuesday, January 26th. Truist raised their target price on shares of Korn Ferry from $48.00 to $80.00 in a report on Tuesday. TheStreet upgraded shares of Korn Ferry from a “c” rating to a “b-” rating in a report on Monday, November 23rd. Finally, Robert W. Baird upgraded shares of Korn Ferry from a “neutral” rating to an “outperform” rating and set a $49.00 target price for the company in a report on Wednesday, November 25th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Korn Ferry currently has a consensus rating of “Buy” and a consensus target price of $47.83.

Korn Ferry Company Profile

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and RPO (Recruitment Process Outsourcing) & Professional Search. The company provides executive search services to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the industrial, financial services, life sciences/healthcare provider, consumer, technology, and educational/not-for-profit market sectors.

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Earnings History for Korn Ferry (NYSE:KFY)

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