Korn/Ferry International (NYSE:KFY) Sets New 1-Year High – Still a Buy?

Korn/Ferry International (NYSE:KFY) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $85.97 and last traded at $85.2760, with a volume of 46313 shares traded. The stock had previously closed at $83.87.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on KFY shares. Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Truist Financial upped their price target on shares of Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Robert W. Baird raised their price objective 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. UBS Group lifted their price objective on shares of Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 24th. Finally, Wall Street Zen downgraded shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $78.50.

Korn/Ferry International Trading Up 1.2%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.94 and a current ratio of 1.94. The firm has a market capitalization of $4.36 billion, a P/E ratio of 16.20 and a beta of 1.19. The firm has a 50 day moving average price of $76.44 and a two-hundred day moving average price of $69.02.

Korn/Ferry International (NYSE:KFY) last announced its earnings results on Tuesday, June 23rd. The business services provider reported $1.40 EPS for the quarter, beating the consensus estimate of $1.37 by $0.03. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.The business had revenue of $768.26 million during the quarter, compared to the consensus estimate of $743.35 million. During the same period in the prior year, the business posted $1.32 earnings per share. Korn/Ferry International’s revenue 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. On average, equities research analysts expect that Korn/Ferry International will post 5.75 EPS for the current fiscal year.

Korn/Ferry International Dividend Announcement

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

Institutional Inflows and Outflows

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

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.