Korn/Ferry International (NYSE:KFY – Get Free Report) had its price objective boosted by equities research analysts at UBS Group from $75.00 to $82.00 in a note issued to investors on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the business services provider’s stock. UBS Group’s target price indicates a potential upside of 0.81% from the company’s previous close.
A number of other research firms also recently weighed in on KFY. Robert W. Baird increased their target price on shares of Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a research report on Wednesday, June 24th. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Saturday, September 5th. Truist Financial increased their price target on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Finally, Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Korn/Ferry International presently has an average rating of “Moderate Buy” and an average price target of $80.25.
Korn/Ferry International Price Performance
Korn/Ferry International (NYSE:KFY – Get Free Report) last posted its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.07. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The company had revenue of $764.62 million during the quarter, compared to analyst estimates of $737.66 million. During the same quarter in the prior year, the business earned $1.26 earnings per share. The firm’s revenue for the quarter 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. On average, equities analysts predict that Korn/Ferry International will post 6.04 earnings per share for the current year.
Institutional Investors Weigh In On Korn/Ferry International
Several large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its position in Korn/Ferry International by 22.7% during the first 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Korn/Ferry International by 3.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,567 shares of the business services provider’s stock worth $2,073,000 after purchasing an additional 1,009 shares in the last quarter. Millennium Management LLC increased its position in shares of Korn/Ferry International by 566.9% in the first quarter. Millennium Management LLC now owns 124,786 shares of the business services provider’s stock worth $8,464,000 after purchasing an additional 106,076 shares during the last quarter. United Services Automobile Association purchased a new stake in Korn/Ferry International in the first quarter valued at approximately $231,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in 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 valued at $11,704,000 after purchasing an additional 11,020 shares during the last quarter. Institutional investors own 98.82% of the company’s stock.
Key Stories Impacting Korn/Ferry International
Here are the key news stories impacting Korn/Ferry International this week:
- Positive Sentiment: First-quarter results exceeded expectations. Korn Ferry reported adjusted EPS of $1.43, above the $1.35-$1.36 consensus range, while revenue reached approximately $764.6 million versus expectations of $737.7 million. Revenue increased 6.9% year over year, marking the company’s sixth consecutive quarter of top-line growth. Korn Ferry Announces First Quarter Fiscal 2027 Results
- Positive Sentiment: Management described business momentum as durable. The company cited continued client demand and improving labor-market conditions, while commentary suggested the labor market may be approaching an inflection point that could support future consulting and recruitment activity. Korn Ferry: Another Solid Quarter As Labor Market Approaches Inflection Point
- Positive Sentiment: The quarterly dividend was maintained at $0.55 per share. The dividend is payable October 15 to shareholders of record September 22, representing an annualized payout and yield of approximately 2.7%. Korn Ferry Board Declared Quarterly Cash Dividend
- Negative Sentiment: Second-quarter guidance fell short of expectations. Korn Ferry forecast adjusted EPS of $1.30-$1.40, below the $1.45 analyst consensus. The cautious outlook raised concerns that near-term demand or margins could moderate despite the quarterly beat. Korn Ferry Shares Slip, Strong Quarter Meets Weaker Q2 Earnings Guidance
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.
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