Korn/Ferry International (NYSE:KFY) Receives $78.50 Consensus Price Target from Brokerages

Korn/Ferry International (NYSE:KFY) has received an average rating of “Moderate Buy” from the five research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $78.50.

Several analysts recently commented on KFY shares. Truist Financial lifted their price objective on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. UBS Group increased their target price on Korn/Ferry International from $70.00 to $75.00 and gave the company a “neutral” rating in a report on Wednesday, June 24th. Robert W. Baird raised their target price on Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a research 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. Finally, Weiss Ratings raised shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Handelsbanken Fonder AB boosted its stake in shares of Korn/Ferry International by 19.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 13,802 shares of the business services provider’s stock worth $919,000 after acquiring an additional 2,200 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in shares of Korn/Ferry International by 38.9% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 9,461 shares of the business services provider’s stock worth $630,000 after purchasing an additional 2,652 shares in the last quarter. Trust Point Inc. purchased a new stake in shares of Korn/Ferry International in the 2nd quarter worth $208,000. Baron Wealth Management LLC raised its holdings in Korn/Ferry International by 101.0% in the 2nd quarter. Baron Wealth Management LLC now owns 6,497 shares of the business services provider’s stock worth $433,000 after purchasing an additional 3,265 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Korn/Ferry International by 53.3% in the 2nd quarter. GAMMA Investing LLC now owns 6,395 shares of the business services provider’s stock worth $426,000 after purchasing an additional 2,223 shares during the period. 98.82% of the stock is currently owned by institutional investors.

Korn/Ferry International Trading Down 0.3%

Shares of KFY stock opened at $77.89 on Friday. Korn/Ferry International has a 12-month low of $58.95 and a 12-month high of $79.97. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.20. The firm’s 50 day moving average is $71.43 and its 200 day moving average is $67.08. The stock has a market capitalization of $3.96 billion, a P/E ratio of 14.86 and a beta of 1.21.

Korn/Ferry International (NYSE:KFY) last posted its earnings results on Tuesday, June 23rd. The business services provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.03. The business 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 firm’s revenue was up 6.7% on a year-over-year basis. 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. Research analysts expect that Korn/Ferry International will post 5.75 earnings per share for the current year.

Korn/Ferry International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, July 6th. Korn/Ferry International’s payout ratio is 41.98%.

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.