Korn/Ferry International (NYSE:KFY) Stock Rated "Moderate Buy" by Sell-Side Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Korn Ferry, with four buy ratings and one hold rating. The average 12-month price target is $80.25.
• Korn Ferry exceeded quarterly expectations, reporting $1.43 in EPS versus the $1.36 estimate and revenue of $764.62 million, up 6.9% year over year.
• The company declared a quarterly dividend of $0.55 per share, equivalent to $2.20 annually and a 3.0% yield; institutional investors and hedge funds own 98.82% of outstanding shares.

Korn/Ferry International (NYSE:KFY - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the five analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $80.25.

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reiterated a "buy (b)" rating on shares of Korn/Ferry International in a research note on Friday, September 18th. UBS Group increased their price objective on Korn/Ferry International from $75.00 to $82.00 and gave the stock a "neutral" rating in a research report on Thursday, September 10th. Wall Street Zen lowered Korn/Ferry International from a "buy" rating to a "hold" rating in a report on Sunday, September 13th. Truist Financial increased their price target on Korn/Ferry International from $75.00 to $80.00 and gave the stock a "buy" rating in a report on Tuesday, June 9th. Finally, Robert W. Baird boosted 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.

Hedge Funds Weigh In On Korn/Ferry International

Several institutional investors and hedge funds have recently added to or reduced their stakes in KFY. Dimensional Fund Advisors LP boosted its stake in shares of Korn/Ferry International by 4.3% in the first 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 in the last quarter. Geode Capital Management LLC lifted its holdings in Korn/Ferry International by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 1,262,737 shares of the business services provider's stock valued at $83,378,000 after acquiring an additional 12,882 shares during the period. Pzena Investment Management LLC boosted its position in shares of Korn/Ferry International by 0.7% during the 1st quarter. Pzena Investment Management LLC now owns 797,438 shares of the business services provider's stock worth $50,199,000 after purchasing an additional 5,573 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Korn/Ferry International during the 2nd quarter worth $43,812,000. Finally, Norges Bank purchased a new position in shares of Korn/Ferry International in the 4th quarter valued at about $43,163,000. Institutional investors and hedge funds own 98.82% of the company's stock.

Korn/Ferry International Price Performance

KFY stock opened at $72.37 on Friday. The business has a 50 day moving average price of $80.92 and a 200 day moving average price of $72.66. 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 $3.95 billion, a price-to-earnings ratio of 13.66 and a beta of 1.26. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $87.51.

Korn/Ferry International (NYSE:KFY - Get Free Report) last issued its quarterly earnings data on Wednesday, September 9th. The business services provider reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.07. The company had revenue of $764.62 million for the quarter, compared to analyst estimates of $737.66 million. Korn/Ferry International had a return on equity of 14.43% and a net margin of 9.36%.The business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last 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 research analysts anticipate that Korn/Ferry International will post 5.63 earnings per share for the current fiscal year.

Korn/Ferry International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 22nd will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, September 22nd. Korn/Ferry International's dividend payout ratio is currently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.