Equities research analysts expect that Korn Ferry (NYSE:KFY) will post earnings of $0.80 per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Korn Ferry’s earnings, with the highest EPS estimate coming in at $0.81 and the lowest estimate coming in at $0.79. Korn Ferry reported earnings per share of $0.85 in the same quarter last year, which would suggest a negative year over year growth rate of 5.9%. The business is scheduled to issue its next quarterly earnings results on Thursday, December 5th.

According to Zacks, analysts expect that Korn Ferry will report full-year earnings of $3.25 per share for the current fiscal year, with EPS estimates ranging from $3.11 to $3.39. For the next year, analysts anticipate that the business will post earnings of $3.58 per share, with EPS estimates ranging from $3.50 to $3.69. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Korn Ferry.

Korn Ferry (NYSE:KFY) last posted its quarterly earnings results on Thursday, September 5th. The business services provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.01). The business had revenue of $484.50 million for the quarter, compared to the consensus estimate of $475.35 million. Korn Ferry had a return on equity of 15.26% and a net margin of 9.25%. Korn Ferry’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.78 earnings per share.

Several equities analysts recently weighed in on the stock. Sidoti dropped their price target on shares of Korn Ferry from $72.00 to $63.00 and set a “buy” rating on the stock in a research report on Friday, September 6th. Credit Suisse Group cut their price target on Korn Ferry from $40.00 to $37.00 and set an “underperform” rating for the company in a research note on Friday, September 6th. ValuEngine raised Korn Ferry from a “sell” rating to a “hold” rating in a report on Tuesday. Robert W. Baird set a $42.00 price objective on Korn Ferry and gave the stock a “hold” rating in a research note on Friday, September 6th. Finally, Zacks Investment Research upgraded Korn Ferry from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $50.00.

Several hedge funds and other institutional investors have recently bought and sold shares of KFY. Voloridge Investment Management LLC bought a new stake in shares of Korn Ferry in the third quarter worth about $887,000. Barclays PLC increased its stake in shares of Korn Ferry by 22.2% in the 3rd quarter. Barclays PLC now owns 78,528 shares of the business services provider’s stock valued at $3,035,000 after acquiring an additional 14,256 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Korn Ferry by 1.2% in the 3rd quarter. California State Teachers Retirement System now owns 87,929 shares of the business services provider’s stock valued at $3,398,000 after acquiring an additional 1,051 shares during the last quarter. Voya Investment Management LLC increased its stake in shares of Korn Ferry by 647.5% in the 3rd quarter. Voya Investment Management LLC now owns 425,610 shares of the business services provider’s stock valued at $16,445,000 after acquiring an additional 368,673 shares during the last quarter. Finally, Paradice Investment Management LLC raised its position in shares of Korn Ferry by 18.0% in the 3rd quarter. Paradice Investment Management LLC now owns 160,250 shares of the business services provider’s stock valued at $6,192,000 after acquiring an additional 24,426 shares during the period. Hedge funds and other institutional investors own 90.27% of the company’s stock.

Shares of NYSE:KFY traded down $0.14 during mid-day trading on Tuesday, hitting $39.28. The company had a trading volume of 8,793 shares, compared to its average volume of 295,279. Korn Ferry has a one year low of $34.35 and a one year high of $49.54. The company has a market capitalization of $2.21 billion, a PE ratio of 11.86 and a beta of 1.10. The firm has a fifty day moving average price of $37.81 and a 200 day moving average price of $39.56. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.37 and a quick ratio of 2.37.

Korn Ferry Company Profile

Korn Ferry, together with its subsidiaries, provides talent management solutions worldwide. It operates through three segments: Executive Search, Hay Group, and Futurestep. 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 consumer, financial services, industrial, life sciences/healthcare provider, technology, and educational/not-for-profit market sectors.

Recommended Story: Technical Indicators – What is a Golden Cross?

Get a free copy of the Zacks research report on Korn Ferry (KFY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Korn Ferry (NYSE:KFY)

Receive News & Ratings for Korn Ferry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Korn Ferry and related companies with MarketBeat.com's FREE daily email newsletter.