Korn/Ferry International (NYSE:KFY) Receives $78.50 Consensus Target Price from Analysts

Shares of Korn/Ferry International (NYSE:KFY) have been assigned a consensus recommendation of “Moderate Buy” from the five brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $80.25.

A number of research firms recently commented on KFY. UBS Group increased their target price on shares of Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a research report on Thursday. Truist Financial upped their price target on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Weiss Ratings upgraded Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Saturday, September 5th. Finally, Robert W. Baird boosted their target price on Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. IFP Advisors Inc grew its holdings in shares of Korn/Ferry International by 69.4% during the fourth quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock valued at $33,000 after buying an additional 206 shares during the last quarter. Clearstead Advisors LLC raised its stake in Korn/Ferry International by 30,350.0% in the 4th quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock worth $40,000 after acquiring an additional 607 shares during the last quarter. Kestra Investment Management LLC lifted its position in Korn/Ferry International by 71.8% during the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after acquiring an additional 242 shares during the period. Canada Pension Plan Investment Board grew its stake in Korn/Ferry International by 200.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 400 shares during the last quarter. Finally, Danske Bank A S acquired a new position in shares of Korn/Ferry International in the third quarter valued at about $56,000. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Korn/Ferry International Price Performance

KFY opened at $77.74 on Monday. The firm has a market capitalization of $4.24 billion, a PE ratio of 14.67 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 1.94. The business’s 50-day moving average is $81.10 and its two-hundred day moving average is $71.35. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $87.51.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 EPS for the quarter, beating the consensus estimate 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 business had revenue of $764.62 million during the quarter, compared to analyst estimates of $737.66 million. During the same period in the prior year, the firm posted $1.26 earnings per share. The company’s quarterly 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. Research analysts anticipate that Korn/Ferry International will post 6.04 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 22nd will be paid a $0.55 dividend. The ex-dividend date is Tuesday, September 22nd. This represents a $2.20 dividend on an annualized basis and a yield of 2.8%. Korn/Ferry International’s dividend payout ratio (DPR) is 41.51%.

Korn/Ferry International Company Profile

Korn/Ferry International, doing business as Korn Ferry, is a global organizational consulting and talent advisory firm. The company helps organizations align their people, leadership and business strategies to improve performance and address workforce-related challenges.

Korn Ferry’s services include executive search, professional-level recruitment, recruitment process outsourcing, leadership assessment and development, succession planning, organizational strategy and culture consulting, and broader talent management solutions.