NYSE:KFYKorn Ferry Stock Price, Forecast & News

$30.98

-1.30 (-4.03 %)

(As of 06/1/2020 10:07 AM ET)

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Today's Range

$30.45

Now: $30.98▼

$30.98

50-Day Range

$25.39

MA: $27.88▼

$32.42

52-Week Range

$21.45

Now: $30.98▼

$48.81

Volume12,618 shs

Average Volume305,103 shs

Market Capitalization$1.71 billion

P/E Ratio11.14

Dividend Yield1.32%

Beta1.45

Korn Ferry, together with its subsidiaries, provides talent management solutions worldwide. It operates through three segments: Executive Search, Hay Group, and Futurestep. The company provides executive search services to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the consumer, financial services, industrial, life sciences/healthcare provider, technology, and educational/not-for-profit market sectors. It also offers talent strategy, succession management, and leadership development, as well as rewards, motivation, and engagement solutions to assist clients with their ongoing assessment, compensation, and development of senior executives and management teams. In addition, the company provides various talent acquisition process outsourcing, project recruitment, professional search, talent consulting and employer branding, and individual professional search and consulting services. It serves public and private companies, and middle market and emerging growth companies, as well as government and non-profit organizations. The company was formerly known as Korn/Ferry International and changed its name to Korn Ferry in January 2019. Korn Ferry was founded in 1969 and is based in Los Angeles, California.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Korn Ferry has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $36.25, Korn Ferry has a potential upside of 17.0% from its current price of $30.98.
Amount of Analyst Coverage
Korn Ferry has only been the subject of 3 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Korn Ferry has received 296 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Korn Ferry has received 487 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Korn Ferry has received 62.20% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Korn Ferry and other stocks. Vote “Outperform” if you believe KFY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KFY will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Korn Ferry is a leading dividend payer. It pays a dividend yield of 1.32%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Korn Ferry does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Korn Ferry is 12.08 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Korn Ferry will have a dividend payout ratio of 24.39 % next year. This indicates that Korn Ferry will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Korn Ferry insiders have bought more of their company's stock than they have sold. Specifically, they have bought $194,045.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.31% of the stock of Korn Ferry is held by insiders.
Percentage Held by Institutions
90.93% of the stock of Korn Ferry is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Korn Ferry are expected to decrease by -38.81% in the coming year, from $2.68 to $1.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Korn Ferry is 11.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.37.
Price to Earnings Ratio vs. Sector
The P/E ratio of Korn Ferry is 11.14, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 20.87.
Price to Book Value per Share Ratio
Korn Ferry has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.55 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Employment agencies

Sub-IndustryHuman Resource & Employment Services

SectorBusiness Services

Current SymbolNYSE:KFY

Previous Symbol

CUSIP50064320

CIK56679

Webwww.kornferry.com

Phone310-552-1834

Debt

Debt-to-Equity Ratio0.46

Current Ratio2.14

Quick Ratio2.14

Price-To-Earnings

Trailing P/E Ratio11.14

Forward P/E Ratio11.56

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.97 billion

Price / Sales0.86

Cash Flow$4.25 per share

Price / Cash Flow7.29

Book Value$22.03 per share

Price / Book1.41

Profitability

EPS (Most Recent Fiscal Year)$3.31

Net Income$102.65 million

Net Margins7.68%

Return on Equity14.14%

Return on Assets7.16%

Miscellaneous

Employees8,678

Outstanding Shares55,040,000

Market Cap$1.71 billion

Next Earnings Date6/18/2020 (Estimated)

OptionableOptionable

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Korn Ferry (NYSE:KFY) Frequently Asked Questions

How has Korn Ferry's stock been impacted by COVID-19 (Coronavirus)?

Korn Ferry's stock was trading at $27.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KFY shares have increased by 11.5% and is now trading at $30.98. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Korn Ferry?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Korn Ferry in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Korn Ferry.

When is Korn Ferry's next earnings date?

Korn Ferry is scheduled to release its next quarterly earnings announcement on Thursday, June 18th 2020. View our earnings forecast for Korn Ferry.

How were Korn Ferry's earnings last quarter?

Korn Ferry (NYSE:KFY) issued its quarterly earnings data on Tuesday, March, 10th. The business services provider reported $0.75 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.73 by $0.02. The business services provider had revenue of $515.30 million for the quarter, compared to analysts' expectations of $500.22 million. Korn Ferry had a return on equity of 14.14% and a net margin of 7.68%. The business's revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.81 EPS. View Korn Ferry's earnings history.

How often does Korn Ferry pay dividends? What is the dividend yield for Korn Ferry?

Korn Ferry declared a quarterly dividend on Thursday, March 12th. Stockholders of record on Thursday, March 26th will be given a dividend of $0.10 per share on Wednesday, April 15th. This represents a $0.40 annualized dividend and a yield of 1.29%. The ex-dividend date is Wednesday, March 25th. View Korn Ferry's dividend history.

What price target have analysts set for KFY?

4 analysts have issued 1 year target prices for Korn Ferry's shares. Their forecasts range from $32.00 to $40.00. On average, they anticipate Korn Ferry's share price to reach $36.25 in the next year. This suggests a possible upside of 17.0% from the stock's current price. View analysts' price targets for Korn Ferry.

Has Korn Ferry been receiving favorable news coverage?

Media stories about KFY stock have trended extremely negative recently, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Korn Ferry earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutKorn Ferry.

Are investors shorting Korn Ferry?

Korn Ferry saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 962,500 shares, a drop of 7.5% from the April 30th total of 1,040,000 shares. Based on an average daily trading volume, of 469,400 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.8% of the company's shares are sold short. View Korn Ferry's Current Options Chain.

Who are some of Korn Ferry's key competitors?

Some companies that are related to Korn Ferry include Tradeweb Markets (TW), Robert Half International (RHI), ManpowerGroup (MAN), ASGN (ASGN), Wageworks (WAGE), Insperity (NSP), Kforce (KFRC), Kelly Services (KELYA), Trueblue (TBI), Heidrick & Struggles International (HSII), Barrett Business Services (BBSI), GP Strategies (GPX) and Hudson Global (HSON). View all competitors.

What other stocks do shareholders of Korn Ferry own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Korn Ferry investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Micron Technology (MU), Endologix (ELGX), Alibaba Group (BABA), Starbucks (SBUX), UnitedHealth Group (UNH), Boeing (BA) and Baidu (BIDU).

Who are Korn Ferry's key executives?

Korn Ferry's management team includes the following people:

Mr. Gary D. Burnison, Pres, CEO & Exec. Director (Age 58)
Mr. Robert P. Rozek, Exec. VP, CFO & Chief Corp. Officer (Age 58)
Mr. Mark Arian, CEO of Advisory (Age 58)
Mr. Byrne K. Mulrooney, Chief Exec. Officer of RPO, Professional Search & Products (Age 58)
Mr. Navnit Singh, Chairman & Country Head of India

What is Korn Ferry's stock symbol?

Korn Ferry trades on the New York Stock Exchange (NYSE) under the ticker symbol "KFY."

Who are Korn Ferry's major shareholders?

Korn Ferry's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.93%), Invesco Ltd. (3.92%), State Street Corp (3.38%), Wells Fargo & Company MN (2.89%), Janus Henderson Group PLC (2.46%) and Jennison Associates LLC (2.41%). Company insiders that own Korn Ferry stock include Byrne K Mulrooney, Debra J Perry, Gary D Burnison and Robert P Rozek. View institutional ownership trends for Korn Ferry.

Which institutional investors are selling Korn Ferry stock?

KFY stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., Principal Financial Group Inc., Two Sigma Investments LP, Two Sigma Advisers LP, Invesco Ltd., Echo Street Capital Management LLC, and Bank of New York Mellon Corp. View insider buying and selling activity for Korn Ferry.

Which institutional investors are buying Korn Ferry stock?

KFY stock was acquired by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Victory Capital Management Inc., Victory Capital Management Inc., State Street Corp, and Wells Fargo & Company MN. Company insiders that have bought Korn Ferry stock in the last two years include Gary D Burnison, and Robert P Rozek. View insider buying and selling activity for Korn Ferry.

How do I buy shares of Korn Ferry?

Shares of KFY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Korn Ferry's stock price today?

One share of KFY stock can currently be purchased for approximately $30.98.

How big of a company is Korn Ferry?

Korn Ferry has a market capitalization of $1.71 billion and generates $1.97 billion in revenue each year. The business services provider earns $102.65 million in net income (profit) each year or $3.31 on an earnings per share basis. Korn Ferry employs 8,678 workers across the globe.

What is Korn Ferry's official website?

The official website for Korn Ferry is www.kornferry.com.

How can I contact Korn Ferry?

Korn Ferry's mailing address is 1900 Avenue of the Stars Suite 2600, LOS ANGELES CA, 90067. The business services provider can be reached via phone at 310-552-1834.

This page was last updated on 6/1/2020 by MarketBeat.com Staff