Korn/Ferry International (NYSE:KFY) Stock Has Consensus Target Price of $80.25

Shares of Korn/Ferry International (NYSE:KFY) have earned a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $80.25.

Several research analysts have commented on the stock. Truist Financial upped their target price on shares of Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Korn/Ferry International in a report on Friday, September 18th. Wall Street Zen downgraded Korn/Ferry International from a “buy” rating to a “hold” rating in a research report on Sunday, September 13th. Robert W. Baird increased their price objective on Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, June 24th. Finally, UBS Group raised their target price on Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a research report on Thursday, September 10th.

Institutional Investors Weigh In On Korn/Ferry International

Institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in 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 valued at $189,065,000 after buying an additional 122,669 shares during the period. Geode Capital Management LLC lifted its stake in shares of Korn/Ferry International by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 1,262,737 shares of the business services provider’s stock worth $83,378,000 after acquiring an additional 12,882 shares during the period. Pzena Investment Management LLC boosted its holdings in shares of Korn/Ferry International by 0.7% in the first quarter. Pzena Investment Management LLC now owns 797,438 shares of the business services provider’s stock valued at $50,199,000 after acquiring an additional 5,573 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Korn/Ferry International in the second quarter valued at approximately $43,812,000. Finally, Norges Bank acquired a new position in shares of Korn/Ferry International during the fourth quarter valued at approximately $43,163,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Price Performance

Shares of KFY opened at $71.94 on Friday. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $87.51. 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 stock has a fifty day moving average price of $80.79 and a 200 day moving average price of $72.74. The company has a market cap of $3.93 billion, a P/E ratio of 13.57 and a beta of 1.25.

Korn/Ferry International (NYSE:KFY) last posted its earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.07. The company had revenue of $764.62 million for the quarter, compared to analysts’ expectations of $737.66 million. Korn/Ferry International had a return on equity of 14.43% and a net margin of 9.36%.The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $1.26 earnings per share. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. On average, research analysts forecast that Korn/Ferry International will post 5.63 earnings per share for the current year.

Korn/Ferry International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 22nd will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, September 22nd. Korn/Ferry International’s dividend payout ratio (DPR) is 41.51%.

About Korn/Ferry International

Korn/Ferry International, now known as Korn Ferry, is a global organizational consulting and executive search firm. The company helps organizations address leadership, talent and workforce challenges through services that include executive recruitment, professional search, succession planning, leadership development and organizational strategy.

Korn Ferry also provides talent assessment, workforce planning, compensation and rewards consulting, recruitment process outsourcing, and learning and development solutions.