Korn/Ferry International (NYSE:KFY) Receives Average Recommendation of “Moderate Buy” from Analysts

Korn/Ferry International (NYSE:KFY) has earned a consensus rating of “Moderate Buy” from the five analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $78.50.

A number of brokerages recently commented on KFY. Weiss Ratings raised shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Robert W. Baird boosted their price objective 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. Truist Financial upped their price objective on Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. UBS Group lifted their target price on Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, June 24th. Finally, Wall Street Zen downgraded Korn/Ferry International from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th.

Hedge Funds Weigh In On Korn/Ferry International

A number of large investors have recently made changes to their positions in KFY. Vanguard Group Inc. lifted its stake in Korn/Ferry International by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 6,159,477 shares of the business services provider’s stock worth $406,649,000 after purchasing an additional 44,425 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Korn/Ferry International by 48.3% during the 3rd quarter. Wellington Management Group LLP now owns 3,475,576 shares of the business services provider’s stock worth $243,221,000 after acquiring an additional 1,132,473 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Korn/Ferry International by 4.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,003,385 shares of the business services provider’s stock worth $189,065,000 after acquiring an additional 122,669 shares during the last quarter. State Street Corp boosted its holdings in Korn/Ferry International by 1.6% during the 4th quarter. State Street Corp now owns 2,000,452 shares of the business services provider’s stock valued at $132,933,000 after acquiring an additional 31,175 shares during the period. Finally, Invesco Ltd. grew its stake in Korn/Ferry International by 1.1% in the third quarter. Invesco Ltd. now owns 1,493,922 shares of the business services provider’s stock worth $104,545,000 after purchasing an additional 16,519 shares in the last quarter. 98.82% of the stock is owned by hedge funds and other institutional investors.

Korn/Ferry International Stock Performance

NYSE:KFY opened at $83.07 on Thursday. The company has a market cap of $4.27 billion, a price-to-earnings ratio of 15.85 and a beta of 1.19. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $85.69. The stock’s 50 day simple moving average is $75.52 and its two-hundred day simple moving average is $68.56. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.94 and a quick ratio of 1.94.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings data on Tuesday, June 23rd. The business services provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.03. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The business had revenue of $768.26 million during the quarter, compared to analysts’ expectations of $743.35 million. During the same period last year, the company posted $1.32 EPS. The business’s revenue was up 6.7% on a year-over-year basis. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. As a group, equities analysts anticipate that Korn/Ferry International will post 5.75 earnings per share for the current fiscal year.

Korn/Ferry International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Monday, July 6th were paid a $0.55 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $2.20 annualized dividend and a dividend yield of 2.6%. Korn/Ferry International’s dividend payout ratio is currently 41.98%.

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.