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

Key Points

• Korn/Ferry International has a consensus analyst rating of “Moderate Buy” from five covering firms, with four buy ratings and one hold rating. The average 12-month price target is $78.50.
• The company recently reported better-than-expected earnings and revenue, posting $1.40 EPS versus $1.37 expected and $768.26 million in revenue versus $743.35 million expected. Revenue rose 6.7% from the same quarter last year.
• Korn/Ferry also announced a quarterly dividend of $0.55 per share, equal to a 2.8% yield. The stock was trading near its 12-month high, with shares opening at $78.57.

Korn/Ferry International (NYSE:KFY - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the five ratings firms that are covering the company, Marketbeat reports. One equities 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 objective among brokers that have issued ratings on the stock in the last year is $78.50.

Several research firms have recently weighed in on KFY. Robert W. Baird raised their price objective on Korn/Ferry International from $84.00 to $85.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 24th. Wall Street Zen lowered Korn/Ferry International from a "buy" rating to a "hold" rating in a research report on Saturday, July 4th. Weiss Ratings raised Korn/Ferry International from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, June 23rd. 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 report on Wednesday, June 24th. Finally, Truist Financial lifted their price target on Korn/Ferry International from $75.00 to $80.00 and gave the stock a "buy" rating in a research note on Tuesday, June 9th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Korn/Ferry International by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 6,159,477 shares of the business services provider's stock valued at $406,649,000 after buying an additional 44,425 shares during the period. M&T Bank Corp increased its stake in shares of Korn/Ferry International by 5,956.0% in the fourth quarter. M&T Bank Corp now owns 229,884 shares of the business services provider's stock worth $15,177,000 after acquiring an additional 226,088 shares during the last quarter. Moran Wealth Management LLC acquired a new position in shares of Korn/Ferry International in the first quarter worth $2,128,000. Teacher Retirement System of Texas raised its holdings in shares of Korn/Ferry International by 16.7% during the fourth quarter. Teacher Retirement System of Texas now owns 110,419 shares of the business services provider's stock worth $7,290,000 after acquiring an additional 15,782 shares in the last quarter. Finally, William Blair Investment Management LLC raised its holdings in shares of Korn/Ferry International by 4.2% during 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 acquiring an additional 16,821 shares in the last quarter. 98.82% of the stock is owned by hedge funds and other institutional investors.

Korn/Ferry International Stock Down 0.4%

KFY stock opened at $78.57 on Friday. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $79.97. The firm has a market cap of $4.00 billion, a PE ratio of 14.99 and a beta of 1.21. The firm has a 50 day simple moving average of $70.41 and a 200 day simple moving average of $66.75. 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 - Get Free Report) last issued its earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share for the quarter, topping analysts' consensus estimates of $1.37 by $0.03. The firm had revenue of $768.26 million during the quarter, compared to analysts' expectations of $743.35 million. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The firm's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period last year, the firm posted $1.32 earnings per share. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Equities research analysts forecast that Korn/Ferry International will post 5.75 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be issued a $0.55 dividend. 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 (DPR) is presently 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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