Analysts Set Korn/Ferry International (NYSE:KFY) Price Target at $78.50

Shares of Korn/Ferry International (NYSE:KFY) have been given an average recommendation of “Moderate Buy” by the five research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $78.50.

A number of research analysts have issued reports on KFY shares. Robert W. Baird upped 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 note on Wednesday, June 24th. Truist Financial boosted their price objective 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. UBS Group upped their target price on Korn/Ferry International from $70.00 to $75.00 and gave the company a “neutral” rating in a research report on Wednesday, June 24th. Wall Street Zen lowered Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd.

Korn/Ferry International Price Performance

Shares of NYSE KFY opened at $84.52 on Thursday. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $85.97. The company has a market cap of $4.34 billion, a PE ratio of 16.13 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.94 and a current ratio of 1.94. The business has a 50-day simple moving average of $76.66 and a two-hundred day simple moving average of $69.15.

Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings data on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.03. The firm had revenue of $768.26 million for 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 prior year, the company posted $1.32 earnings per share. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. As a group, equities analysts expect that Korn/Ferry International will post 5.75 EPS for the current fiscal year.

Korn/Ferry International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Monday, July 6th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Monday, July 6th. Korn/Ferry International’s dividend payout ratio (DPR) is presently 41.98%.

Institutional Investors Weigh In On Korn/Ferry International

Large investors have recently bought and sold shares of the company. IFP Advisors Inc raised its position in Korn/Ferry International by 69.4% during the 4th quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock worth $33,000 after buying an additional 206 shares during the last quarter. Clearstead Advisors LLC boosted its holdings in shares of Korn/Ferry International by 30,350.0% in the 4th quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 607 shares during the last quarter. Kestra Investment Management LLC boosted its holdings in shares of Korn/Ferry International by 71.8% in the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 242 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in shares of Korn/Ferry International by 200.0% in the second quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after acquiring an additional 400 shares during the period. Finally, Torren Management LLC purchased a new position in shares of Korn/Ferry International during the fourth quarter worth $52,000. Hedge funds and other 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.