Korn/Ferry International (NYSE:KFY) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Korn/Ferry International has a “Moderate Buy” consensus rating from five analysts: four recommend buying the stock and one rates it a hold. The average 12-month price target is $78.50.
• The company reported quarterly EPS of $1.40, exceeding the $1.37 analyst consensus, while revenue rose 6.7% year over year to $768.26 million, above estimates.
• Institutional investors own 98.82% of KFY shares, and the company recently maintained its quarterly dividend at $0.55 per share, representing a 2.6% annualized yield.

Korn/Ferry International (NYSE:KFY - Get Free Report) has earned an average recommendation of "Moderate Buy" from the five research firms that are presently covering the stock, MarketBeat Ratings 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 1 year price objective among brokers that have issued ratings on the stock in the last year is $78.50.

Several analysts have issued reports on the company. UBS Group boosted their price target on Korn/Ferry International from $70.00 to $75.00 and gave the company a "neutral" rating in a report on Wednesday, June 24th. Wall Street Zen downgraded Korn/Ferry International from a "buy" rating to a "hold" rating in a research note on Saturday, July 4th. Weiss Ratings raised Korn/Ferry International from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, June 23rd. Robert W. Baird boosted their price objective on Korn/Ferry International from $84.00 to $85.00 and gave the company an "outperform" rating in a research note on Wednesday, June 24th. Finally, Truist Financial increased their target price on shares of Korn/Ferry International from $75.00 to $80.00 and gave the stock a "buy" rating in a report on Tuesday, June 9th.

Institutional Trading of Korn/Ferry International

Several institutional investors and hedge funds have recently modified their holdings of KFY. Wellington Management Group LLP lifted its holdings in Korn/Ferry International by 48.3% in the 3rd quarter. Wellington Management Group LLP now owns 3,475,576 shares of the business services provider's stock worth $243,221,000 after purchasing an additional 1,132,473 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Korn/Ferry International during the 2nd quarter valued at approximately $43,812,000. Norges Bank purchased a new stake in Korn/Ferry International during the 4th quarter valued at approximately $43,163,000. Adage Capital Partners GP L.L.C. bought a new stake in shares of Korn/Ferry International during the second quarter valued at approximately $32,559,000. Finally, Boston Partners bought a new stake in shares of Korn/Ferry International during the fourth quarter valued at approximately $26,081,000. 98.82% of the stock is currently owned by institutional investors.

Korn/Ferry International Stock Up 0.4%

KFY opened at $83.07 on Thursday. 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 1-year low of $58.95 and a 1-year high of $85.69. The company has a market capitalization of $4.27 billion, a PE ratio of 15.85 and a beta of 1.19. The firm's 50 day simple moving average is $75.52 and its two-hundred day simple moving average is $68.56.

Korn/Ferry International (NYSE:KFY - Get Free Report) last issued 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. The firm had revenue of $768.26 million during the quarter, compared to the consensus estimate of $743.35 million. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The company's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.32 EPS. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. As a group, equities analysts forecast that Korn/Ferry International will post 5.75 EPS for the current year.

Korn/Ferry International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Monday, July 6th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, July 6th. Korn/Ferry International's dividend payout ratio is presently 41.98%.

About Korn/Ferry International

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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