Korn/Ferry International (NYSE:KFY) Stock Rating Upgraded by Wall Street Zen

Korn/Ferry International (NYSE:KFY) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday, Wall Street Zen reports.

Several other research analysts have also recently issued reports on KFY. Weiss Ratings upgraded Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Truist Financial upped their target price on Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. Robert W. Baird increased their price target on shares of Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, June 24th. Finally, UBS Group lifted 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. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $78.50.

Korn/Ferry International Trading Down 0.1%

NYSE:KFY opened at $85.30 on Friday. The company has a market capitalization of $4.65 billion, a P/E ratio of 16.28 and a beta of 1.19. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $87.51. The firm has a fifty day simple moving average of $79.90 and a 200-day simple moving average of $70.77.

Korn/Ferry International (NYSE:KFY) last released its earnings results 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. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.The firm had revenue of $768.26 million for the quarter, compared to the consensus estimate of $743.35 million. During the same period in the prior year, the firm earned $1.32 EPS. The firm’s revenue was up 6.7% on a year-over-year basis. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. On average, equities research analysts anticipate that Korn/Ferry International will post 5.75 earnings per share for the current year.

Institutional Trading of Korn/Ferry International

A number of hedge funds have recently modified their holdings of KFY. Russell Investments Group Ltd. grew its position in 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 buying an additional 167 shares during the period. PNC Financial Services Group Inc. raised its position in shares of 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 acquiring an additional 178 shares during the period. Vise Technologies Inc. raised its position in shares of 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 acquiring an additional 179 shares during the period. Illinois Municipal Retirement Fund boosted its stake in shares of 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 acquiring an additional 181 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its stake in shares of 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 worth $793,000 after acquiring an additional 200 shares in the last quarter. 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.