Korn/Ferry International (NYSE:KFY) Sets New 1-Year High - Still a Buy?

Korn/Ferry International (NYSE:KFY - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as $86.22 and last traded at $84.7180, with a volume of 415540 shares traded. The stock had previously closed at $85.06.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on KFY shares. Truist Financial upped their price target on shares of Korn/Ferry International from $75.00 to $80.00 and gave the company a "buy" rating in a report on Tuesday, June 9th. Wall Street Zen cut Korn/Ferry International from a "buy" rating to a "hold" rating in a research note on Saturday, July 4th. UBS Group raised their price objective on shares of Korn/Ferry International from $70.00 to $75.00 and gave the company a "neutral" rating in a research note on Wednesday, June 24th. Robert W. Baird raised their price target on shares of Korn/Ferry International from $84.00 to $85.00 and gave the company an "outperform" rating in a research report on Wednesday, June 24th. Finally, Weiss Ratings upgraded shares of Korn/Ferry International from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, June 23rd. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $78.50.

Korn/Ferry International Stock Down 0.4%

The company has a 50-day moving average of $77.40 and a two-hundred day moving average of $69.48. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.94 and a quick ratio of 1.94. The company has a market capitalization of $4.35 billion, a PE ratio of 16.17 and a beta of 1.19.

Korn/Ferry International (NYSE:KFY - Get Free Report) last issued its quarterly earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.37 by $0.03. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.The business had revenue of $768.26 million during the quarter, compared to analyst estimates of $743.35 million. During the same quarter in the prior year, the business posted $1.32 EPS. Korn/Ferry International's revenue for the quarter was up 6.7% compared to the same quarter last year. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Sell-side analysts anticipate that Korn/Ferry International will post 5.75 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Russell Investments Group Ltd. raised its stake in shares of Korn/Ferry International by 0.5% during the fourth quarter. Russell Investments Group Ltd. now owns 31,860 shares of the business services provider's stock valued at $2,103,000 after acquiring an additional 167 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Korn/Ferry International by 3.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,583 shares of the business services provider's stock worth $369,000 after purchasing an additional 178 shares in the last quarter. Vise Technologies Inc. grew its stake in Korn/Ferry International by 2.9% in the third quarter. Vise Technologies Inc. now owns 6,378 shares of the business services provider's stock worth $446,000 after purchasing an additional 179 shares in the last quarter. Illinois Municipal Retirement Fund increased its holdings in Korn/Ferry International by 0.7% during the 4th quarter. Illinois Municipal Retirement Fund now owns 27,555 shares of the business services provider's stock worth $1,819,000 after purchasing an additional 181 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its position in Korn/Ferry International by 1.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 12,013 shares of the business services provider's stock valued at $793,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 98.82% of the company's stock.

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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