Equities researchers at Stephens started coverage on shares of Korn/Ferry International (NYSE:KFY – Get Free Report) in a research note issued on Friday, Briefing.com reports. The brokerage set an “overweight” rating and a $94.00 price target on the business services provider’s stock. Stephens‘s target price indicates a potential upside of 24.11% from the stock’s current price.
KFY has been the topic of a number of other reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Korn/Ferry International in a report on Friday, September 18th. Wall Street Zen cut Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. Zacks Research downgraded Korn/Ferry International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 3rd. Finally, UBS Group upped their price target on Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a research note on Thursday, September 10th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Korn/Ferry International presently has an average rating of “Moderate Buy” and an average price target of $83.00.
Get Our Latest Stock Analysis on Korn/Ferry International
Korn/Ferry International Stock Performance
NYSE:KFY opened at $75.74 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.37. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 14.29 and a beta of 1.25. The company’s 50-day moving average is $75.32 and its two-hundred day moving average is $71.50. Korn/Ferry International has a 1-year low of $58.95 and a 1-year high of $87.51.
Korn/Ferry International (NYSE:KFY – Get Free Report) last announced its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.07. The business had revenue of $764.62 million during the quarter, compared to the consensus estimate of $737.66 million. Korn/Ferry International had a net margin of 9.36% and a return on equity of 14.43%. The business’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.26 EPS. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. Analysts forecast that Korn/Ferry International will post 5.63 EPS for the current year.
Hedge Funds Weigh In On Korn/Ferry International
A number of hedge funds have recently made changes to their positions in KFY. Voya Investment Management LLC increased its holdings in Korn/Ferry International by 1.6% in the 3rd quarter. Voya Investment Management LLC now owns 10,172 shares of the business services provider’s stock valued at $728,000 after purchasing an additional 158 shares during the last quarter. Hohimer Wealth Management LLC raised its position in Korn/Ferry International by 5.2% in the third quarter. Hohimer Wealth Management LLC now owns 3,455 shares of the business services provider’s stock valued at $247,000 after purchasing an additional 172 shares during the period. BCS Private Wealth Management Inc. raised its position in Korn/Ferry International by 3.3% in the third quarter. BCS Private Wealth Management Inc. now owns 6,209 shares of the business services provider’s stock valued at $448,000 after purchasing an additional 199 shares during the period. Kestra Advisory Services LLC lifted its stake in Korn/Ferry International by 1.7% during the third quarter. Kestra Advisory Services LLC now owns 12,719 shares of the business services provider’s stock worth $911,000 after purchasing an additional 216 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Korn/Ferry International by 3.4% during the third quarter. GAMMA Investing LLC now owns 6,615 shares of the business services provider’s stock worth $474,000 after purchasing an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.
Korn/Ferry International Company Profile
Korn Ferry is a global organizational consulting firm that helps companies align their business strategies with their talent and organizational capabilities. Founded in 1969 as an executive-search firm, it has expanded into a broader provider of talent and leadership services. The company’s offerings include executive and professional search, recruitment process outsourcing, leadership assessment and development, succession planning, and organizational and compensation consulting. It also provides digital tools and advisory services to support workforce planning and talent management.
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