Korn/Ferry International (NYSE:KFY) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analyst sentiment is favorable: Korn/Ferry International has a “Moderate Buy” consensus, with four buy ratings and one hold. The average 12-month price target is $78.50, below the stock’s reported $85.30 price.
• Quarterly results exceeded expectations: The company reported adjusted EPS of $1.40 versus the $1.37 consensus estimate, while revenue rose 6.7% year over year to $768.26 million.
• Institutional ownership and shareholder returns remain notable: Hedge funds and other institutions own 98.82% of the stock, and Korn/Ferry pays a quarterly dividend of $0.55, representing a 2.6% annual yield.

Shares of Korn/Ferry International (NYSE:KFY - Get Free Report) have been given an average recommendation of "Moderate Buy" by the five ratings firms that are presently covering the stock, 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 target price among brokers that have updated their coverage on the stock in the last year is $78.50.

Several research firms recently weighed in on KFY. Robert W. Baird raised their target price 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 raised shares of Korn/Ferry International from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, June 23rd. Wall Street Zen raised Korn/Ferry International from a "hold" rating to a "buy" rating in a report on Saturday. Truist Financial boosted their target price on Korn/Ferry International from $75.00 to $80.00 and gave the stock a "buy" rating in a research report on Tuesday, June 9th. Finally, UBS Group increased their price target on Korn/Ferry International from $70.00 to $75.00 and gave the company a "neutral" rating in a research note on Wednesday, June 24th.

Institutional Trading of Korn/Ferry International

Hedge funds have recently made changes to their positions in the business. IFP Advisors Inc increased its stake in Korn/Ferry International by 69.4% during the fourth quarter. IFP Advisors Inc now owns 503 shares of the business services provider's stock worth $33,000 after acquiring an additional 206 shares during the last quarter. Kestra Investment Management LLC boosted its holdings in shares of Korn/Ferry International by 71.8% in the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider's stock worth $42,000 after purchasing an additional 242 shares during the period. Canada Pension Plan Investment Board raised its holdings in Korn/Ferry International by 200.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider's stock valued at $44,000 after buying an additional 400 shares during the period. Clearstead Advisors LLC lifted its position in Korn/Ferry International by 30,350.0% in the fourth quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider's stock worth $40,000 after buying an additional 607 shares during the last quarter. Finally, Danske Bank A S purchased a new position in Korn/Ferry International during the third quarter worth $56,000. 98.82% of the stock is currently owned by hedge funds and other institutional investors.

Korn/Ferry International Stock Down 0.1%

NYSE KFY opened at $85.30 on Monday. The stock's 50 day moving average is $79.90 and its 200 day moving average is $70.77. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $87.51. The stock has a market cap of $4.65 billion, a PE ratio of 16.28 and a beta of 1.19.

Korn/Ferry International (NYSE:KFY - Get Free Report) last announced its quarterly earnings data on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.37 by $0.03. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The business had revenue of $768.26 million during the quarter, compared to analyst estimates of $743.35 million. During the same period last year, the firm posted $1.32 EPS. The company's revenue was up 6.7% on a year-over-year basis. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Research analysts predict that Korn/Ferry International will post 5.75 EPS for the current fiscal year.

Korn/Ferry International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Monday, July 6th were issued a $0.55 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.6%. Korn/Ferry International's dividend payout ratio (DPR) is 41.98%.

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.

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