UBS Group Forecasts Strong Price Appreciation for Korn/Ferry International (NYSE:KFY) Stock

Key Points

• UBS raised its price target on Korn/Ferry from $65 to $70 while keeping a "neutral" rating, implying roughly a 9.4% upside from the current share price; the analyst consensus target is $73 with a split of two Buy and two Hold ratings (consensus "Moderate Buy").
• Korn/Ferry beat the latest quarter's estimates with $1.28 EPS vs. $1.24 expected and $725.0M revenue vs. $692.5M expected (revenue +7.2% YoY), and set Q4 guidance around $1.34–$1.40 EPS.

Korn/Ferry International (NYSE:KFY - Get Free Report) had its target price increased by equities research analysts at UBS Group from $65.00 to $70.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a "neutral" rating on the business services provider's stock. UBS Group's price target suggests a potential upside of 9.39% from the stock's current price.

Several other research firms have also issued reports on KFY. Weiss Ratings lowered Korn/Ferry International from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, March 13th. Wall Street Zen upgraded Korn/Ferry International from a "hold" rating to a "buy" rating in a research note on Sunday, March 1st. Finally, Truist Financial dropped their price objective on Korn/Ferry International from $88.00 to $75.00 and set a "buy" rating on the stock in a research note on Tuesday, March 10th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $73.00.

Korn/Ferry International Stock Performance

NYSE:KFY traded up $0.09 on Thursday, hitting $63.99. The company's stock had a trading volume of 431,724 shares, compared to its average volume of 561,794. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.20. The stock has a fifty day moving average of $63.25 and a two-hundred day moving average of $66.08. The firm has a market capitalization of $3.32 billion, a P/E ratio of 12.65 and a beta of 1.28. Korn/Ferry International has a one year low of $58.95 and a one year high of $78.50.

Korn/Ferry International (NYSE:KFY - Get Free Report) last released its quarterly earnings data on Monday, March 9th. The business services provider reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.04. The firm had revenue of $725.04 million for the quarter, compared to analyst estimates of $692.45 million. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.The business's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.19 earnings per share. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. Research analysts predict that Korn/Ferry International will post 4.75 earnings per share for the current year.

Hedge Funds Weigh In On Korn/Ferry International

A number of large investors have recently made changes to their positions in the company. Hsbc Holdings PLC increased its stake in shares of Korn/Ferry International by 241.1% during the fourth quarter. Hsbc Holdings PLC now owns 10,720 shares of the business services provider's stock worth $708,000 after purchasing an additional 7,577 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in shares of Korn/Ferry International by 208.9% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,186 shares of the business services provider's stock worth $78,000 after purchasing an additional 802 shares during the period. Virtu Financial LLC increased its stake in shares of Korn/Ferry International by 7.7% during the fourth quarter. Virtu Financial LLC now owns 4,799 shares of the business services provider's stock worth $317,000 after purchasing an additional 343 shares during the period. State of Tennessee Department of Treasury increased its stake in shares of Korn/Ferry International by 43.5% during the fourth quarter. State of Tennessee Department of Treasury now owns 21,362 shares of the business services provider's stock worth $1,484,000 after purchasing an additional 6,480 shares during the period. Finally, NewEdge Advisors LLC bought a new position in shares of Korn/Ferry International during the fourth quarter worth approximately $630,000. Institutional investors own 98.82% of the company's stock.

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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