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

Key Points

• Analysts hold a “Moderate Buy” consensus on Korn/Ferry International, with four buy ratings and one hold; the average 12-month price target is $80.25 versus a reported share price of $78.89.
• Korn/Ferry exceeded quarterly expectations, reporting $1.43 in EPS versus the $1.36 consensus and revenue of $764.62 million versus $737.66 million, with revenue up 6.9% year over year.
• Institutional investors and hedge funds own 98.82% of the stock, while the company pays a quarterly dividend of $0.55 per share, or $2.20 annually, representing a 2.8% yield.

Korn/Ferry International (NYSE:KFY - Get Free Report) has been given an average recommendation of "Moderate Buy" by the five brokerages that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $80.25.

KFY has been the subject of a number of research analyst reports. UBS Group upped their price target on shares of Korn/Ferry International from $75.00 to $82.00 and gave the stock a "neutral" rating in a research note on Thursday, September 10th. Wall Street Zen lowered shares of Korn/Ferry International from a "buy" rating to a "hold" rating in a research note on Sunday, September 13th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Korn/Ferry International in a report on Friday, September 18th.

Hedge Funds Weigh In On Korn/Ferry International

Several hedge funds have recently modified their holdings of KFY. Pension & Wealth Management Advisors Inc. bought a new stake in shares of Korn/Ferry International in the 3rd quarter worth $25,000. Farther Finance Advisors LLC boosted its stake in Korn/Ferry International by 53.4% during the third quarter. Farther Finance Advisors LLC now owns 721 shares of the business services provider's stock valued at $52,000 after buying an additional 251 shares in the last quarter. IFP Advisors Inc boosted its stake in Korn/Ferry International by 80.7% during the second quarter. IFP Advisors Inc now owns 947 shares of the business services provider's stock valued at $63,000 after buying an additional 423 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Korn/Ferry International during the second quarter valued at about $64,000. Finally, Allworth Financial LP grew its holdings in Korn/Ferry International by 111.6% during the second quarter. Allworth Financial LP now owns 1,219 shares of the business services provider's stock worth $81,000 after acquiring an additional 643 shares during the period. 98.82% of the stock is currently owned by institutional investors and hedge funds.

Korn/Ferry International Price Performance

Shares of NYSE KFY opened at $78.89 on Tuesday. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $87.51. The firm's 50-day simple moving average is $77.49 and its 200 day simple moving average is $70.96. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The stock has a market cap of $4.30 billion, a P/E ratio of 14.88 and a beta of 1.25.

Korn/Ferry International (NYSE:KFY - Get Free Report) last posted its quarterly earnings data on Wednesday, September 9th. The business services provider reported $1.43 earnings per share for the quarter, topping the consensus estimate 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 company's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.26 earnings per share. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. Equities analysts expect that Korn/Ferry International will post 5.63 EPS for the current year.

Korn/Ferry International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Tuesday, September 22nd were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 22nd. Korn/Ferry International's dividend payout ratio (DPR) is presently 41.51%.

Korn/Ferry International Company Profile

Korn Ferry is a global organizational consulting firm that helps companies and other institutions align their people, strategy and operations. Its services are designed to support organizations across the employee lifecycle, from attracting and selecting talent to developing leaders, improving performance and managing organizational change.

The company's principal offerings include executive search and professional recruitment, recruitment process outsourcing, leadership assessment and development, succession planning, executive coaching, compensation and rewards consulting, and broader organizational strategy.

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