Korn/Ferry International (NYSE:KFY) Receives "Buy (B)" Rating from Weiss Ratings

Korn/Ferry International (NYSE:KFY - Get Free Report)'s stock had its "buy (b)" rating reissued by investment analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Several other analysts have also recently weighed in on the stock. Truist Financial lifted their price target on shares of Korn/Ferry International from $80.00 to $88.00 and gave the company a "buy" rating in a report on Friday, June 20th. Wall Street Zen cut shares of Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a report on Wednesday, July 9th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Korn/Ferry International has a consensus rating of "Moderate Buy" and a consensus target price of $81.00.

Korn/Ferry International Stock Performance

NYSE:KFY opened at $70.58 on Wednesday. The stock has a market cap of $3.70 billion, a P/E ratio of 14.99 and a beta of 1.47. The firm's fifty day simple moving average is $72.36 and its 200 day simple moving average is $69.65. Korn/Ferry International has a twelve month low of $59.23 and a twelve month high of $80.64. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.21.

Korn/Ferry International (NYSE:KFY - Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The business services provider reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.07. The business had revenue of $708.61 million for the quarter, compared to analysts' expectations of $688.72 million. Korn/Ferry International had a net margin of 8.95% and a return on equity of 14.55%. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.17 earnings per share. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. As a group, research analysts predict that Korn/Ferry International will post 4.75 EPS for the current year.

Korn/Ferry International declared that its board has initiated a stock buyback plan on Thursday, September 18th that authorizes the company to buyback $331.40 million in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 8.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

Hedge Funds Weigh In On Korn/Ferry International

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Heritage Family Offices LLP lifted its stake in Korn/Ferry International by 6.7% during the 3rd quarter. Heritage Family Offices LLP now owns 4,388 shares of the business services provider's stock valued at $307,000 after acquiring an additional 275 shares during the period. GAMMA Investing LLC lifted its stake in Korn/Ferry International by 9.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,934 shares of the business services provider's stock valued at $135,000 after acquiring an additional 165 shares during the period. Corient Private Wealth LLC lifted its stake in Korn/Ferry International by 3.1% during the 2nd quarter. Corient Private Wealth LLC now owns 33,924 shares of the business services provider's stock valued at $2,488,000 after acquiring an additional 1,019 shares during the period. Texas Permanent School Fund Corp lifted its stake in Korn/Ferry International by 16.6% during the 2nd quarter. Texas Permanent School Fund Corp now owns 54,118 shares of the business services provider's stock valued at $3,968,000 after acquiring an additional 7,709 shares during the period. Finally, Osaic Holdings Inc. lifted its stake in Korn/Ferry International by 12.7% during the 2nd quarter. Osaic Holdings Inc. now owns 9,828 shares of the business services provider's stock valued at $723,000 after acquiring an additional 1,107 shares during the period. Institutional investors own 98.82% of the company's stock.

About Korn/Ferry International

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.

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