Korn/Ferry International (NYSE:KFY – Get Free Report) updated its first quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.320-1.380 for the period, compared to the consensus estimate of 1.330. The company issued revenue guidance of -.
Analysts Set New Price Targets
Several research firms have weighed in on KFY. Weiss Ratings raised Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. UBS Group increased their price objective on Korn/Ferry International from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Wall Street Zen raised shares of Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Finally, Truist Financial boosted their target price on shares of Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $74.67.
Check Out Our Latest Research Report on Korn/Ferry International
Korn/Ferry International Trading Up 6.2%
Korn/Ferry International (NYSE:KFY – Get Free Report) last released its quarterly earnings data on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.03. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.The firm had revenue of $768.26 million for the quarter, compared to analyst estimates of $743.35 million. During the same quarter in the prior year, the company earned $1.32 earnings per share. The business’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. Analysts expect that Korn/Ferry International will post 5.29 earnings per share for the current year.
Korn/Ferry International Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Monday, July 6th. Korn/Ferry International’s dividend payout ratio is 43.48%.
Hedge Funds Weigh In On Korn/Ferry International
Several institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in shares of Korn/Ferry International by 22.7% during the 1st quarter. Royal Bank of Canada now owns 11,413 shares of the business services provider’s stock worth $775,000 after buying an additional 2,112 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Korn/Ferry International by 3.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,567 shares of the business services provider’s stock valued at $2,073,000 after buying an additional 1,009 shares during the last quarter. Millennium Management LLC raised its holdings in Korn/Ferry International by 566.9% in the 1st quarter. Millennium Management LLC now owns 124,786 shares of the business services provider’s stock valued at $8,464,000 after acquiring an additional 106,076 shares during the period. United Services Automobile Association acquired a new stake in Korn/Ferry International during the first quarter worth approximately $231,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Korn/Ferry International by 6.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 172,556 shares of the business services provider’s stock worth $11,704,000 after acquiring an additional 11,020 shares during the period. 98.82% of the stock is currently owned by institutional investors and hedge funds.
Korn/Ferry International Company Profile
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.
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