Korn/Ferry International (NYSE:KFY) Now Covered by Analysts at Stephens

Stephens started coverage on shares of Korn/Ferry International (NYSE:KFY) in a research note issued to investors on Friday morning, MarketBeat reports. The brokerage issued an overweight rating and a $94.00 target price on the business services provider’s stock.

Other research analysts also recently issued research reports about the company. UBS Group increased their target price on Korn/Ferry International from $75.00 to $82.00 and gave the stock a “neutral” rating in a research report on Thursday, September 10th. Zacks Research cut Korn/Ferry International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 3rd. Weiss Ratings restated a “buy (b)” rating on shares of Korn/Ferry International in a research report on Friday, September 18th. Finally, Wall Street Zen cut Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $83.00.

Korn/Ferry International Trading Down 0.2%

Shares of KFY opened at $75.63 on Friday. Korn/Ferry International has a 1-year low of $58.95 and a 1-year high of $87.51. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.20. The firm’s 50-day moving average price is $75.12 and its 200-day moving average price is $71.54. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 14.27 and a beta of 1.25.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.07. Korn/Ferry International had a net margin of 9.36% and a return on equity of 14.43%. The company had revenue of $764.62 million during the quarter, compared to the consensus estimate of $737.66 million. During the same period in the prior year, the firm earned $1.26 earnings per share. Korn/Ferry International’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. Sell-side analysts anticipate that Korn/Ferry International will post 5.63 EPS for the current year.

Korn/Ferry International Dividend Announcement

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

Institutional Investors Weigh In On Korn/Ferry International

A number of hedge funds and other institutional investors have recently bought and sold shares of KFY. Empowered Funds LLC increased its stake in shares of Korn/Ferry International by 70.8% during the third quarter. Empowered Funds LLC now owns 63,284 shares of the business services provider’s stock valued at $4,531,000 after purchasing an additional 26,239 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Korn/Ferry International by 63.5% in the 3rd quarter. First Trust Advisors LP now owns 793,733 shares of the business services provider’s stock worth $56,823,000 after purchasing an additional 308,373 shares in the last quarter. Boston Partners boosted its position in shares of Korn/Ferry International by 45.8% in the 3rd quarter. Boston Partners now owns 561,027 shares of the business services provider’s stock worth $40,131,000 after purchasing an additional 176,154 shares in the last quarter. Voya Investment Management LLC boosted its position in shares of Korn/Ferry International by 1.6% in the 3rd quarter. Voya Investment Management LLC now owns 10,172 shares of the business services provider’s stock worth $728,000 after purchasing an additional 158 shares in the last quarter. Finally, Cibc World Market Inc. purchased a new stake in shares of Korn/Ferry International in the 3rd quarter worth approximately $330,000. Hedge funds and other institutional investors own 98.82% of the company’s stock.

About Korn/Ferry International

Korn Ferry is a global organizational consulting firm that helps companies align their business strategies with their talent and organizational capabilities. Founded in 1969 as an executive-search firm, it has expanded into a broader provider of talent and leadership services. The company’s offerings include executive and professional search, recruitment process outsourcing, leadership assessment and development, succession planning, and organizational and compensation consulting. It also provides digital tools and advisory services to support workforce planning and talent management.