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

Korn/Ferry International (NYSE:KFY) has been assigned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $78.50.

Several analysts have commented on KFY shares. Wall Street Zen downgraded shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Truist Financial raised 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 lifted 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 note on Wednesday, June 24th. Weiss Ratings upgraded shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Finally, UBS Group increased their target price on shares of Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th.

Korn/Ferry International Stock Down 0.4%

Shares of Korn/Ferry International stock opened at $78.57 on Friday. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 14.99 and a beta of 1.21. The stock has a 50-day simple moving average of $70.41 and a 200-day simple moving average of $66.75. Korn/Ferry International has a 52-week low of $58.95 and a 52-week high of $79.97. 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 released 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. The firm had revenue of $768.26 million for the quarter, compared to the consensus estimate of $743.35 million. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.The firm’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.32 earnings per share. 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 earnings per share for the current fiscal year.

Korn/Ferry International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 6th will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Monday, July 6th. Korn/Ferry International’s dividend payout ratio is 41.98%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in Korn/Ferry International by 0.7% during 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 period. M&T Bank Corp grew its holdings in Korn/Ferry International by 5,956.0% during the fourth quarter. M&T Bank Corp now owns 229,884 shares of the business services provider’s stock valued at $15,177,000 after purchasing an additional 226,088 shares during the last quarter. Moran Wealth Management LLC bought a new position in shares of Korn/Ferry International in the first quarter valued at approximately $2,128,000. Teacher Retirement System of Texas raised its position in shares of Korn/Ferry International by 16.7% in the fourth quarter. Teacher Retirement System of Texas now owns 110,419 shares of the business services provider’s stock valued at $7,290,000 after purchasing an additional 15,782 shares during the period. Finally, William Blair Investment Management LLC lifted its stake in shares of Korn/Ferry International by 4.2% in the fourth quarter. William Blair Investment Management LLC now owns 414,465 shares of the business services provider’s stock worth $27,363,000 after buying an additional 16,821 shares during the last quarter. 98.82% of the stock is owned by institutional investors.

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.