Korn/Ferry International (NYSE:KFY – Get Free Report) issued an update on its second quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.300-1.400 for the period, compared to the consensus estimate of 1.450. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of brokerages recently commented on KFY. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Saturday. Truist Financial upped their price objective on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Weiss Ratings raised shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Robert W. Baird upped 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. Finally, UBS Group upped their price objective on shares of Korn/Ferry International from $70.00 to $75.00 and gave the company a “neutral” rating in a research note on Wednesday, June 24th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $78.50.
Read Our Latest Stock Report on Korn/Ferry International
Korn/Ferry International Price Performance
Korn/Ferry International (NYSE:KFY – Get Free Report) last released its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.07. The firm had revenue of $764.62 million during the quarter, compared to analysts’ expectations of $737.66 million. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. Analysts forecast that Korn/Ferry International will post 5.75 EPS for the current fiscal year.
Korn/Ferry International Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 22nd will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 22nd. Korn/Ferry International’s payout ratio is presently 41.98%.
Institutional Investors Weigh In On Korn/Ferry International
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its holdings in shares of Korn/Ferry International by 22.7% in the first quarter. Royal Bank of Canada now owns 11,413 shares of the business services provider’s stock worth $775,000 after buying an additional 2,112 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Korn/Ferry International by 3.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,567 shares of the business services provider’s stock valued at $2,073,000 after buying an additional 1,009 shares during the period. Millennium Management LLC raised its position in shares of Korn/Ferry International by 566.9% in the first quarter. Millennium Management LLC now owns 124,786 shares of the business services provider’s stock valued at $8,464,000 after buying an additional 106,076 shares during the last quarter. United Services Automobile Association acquired a new stake in shares of Korn/Ferry International during the 1st quarter worth approximately $231,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Korn/Ferry International by 6.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 172,556 shares of the business services provider’s stock valued at $11,704,000 after acquiring an additional 11,020 shares in the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.
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.
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