Korn/Ferry International (NYSE:KFY) Shares Cross Above Fifty Day Moving Average – What’s Next?

Korn/Ferry International (NYSE:KFY) shares passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $76.69 and traded as high as $79.17. Korn/Ferry International shares last traded at $77.99, with a volume of 389,640 shares trading hands.

Analyst Upgrades and Downgrades

KFY has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Korn/Ferry International in a research note on Friday, September 18th. UBS Group upped their target price on shares of Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a report on Thursday, September 10th. Finally, Wall Street Zen lowered Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Sunday, September 13th. Four equities research 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 a consensus rating of “Moderate Buy” and a consensus target price of $80.25.

Korn/Ferry International Trading Up 1.9%

The business’s 50-day moving average price is $76.69 and its 200-day moving average price is $71.17. The firm has a market capitalization of $4.26 billion, a PE ratio of 14.72 and a beta of 1.25. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.37.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.36 by $0.07. The firm had revenue of $764.62 million during the quarter, compared to the consensus estimate of $737.66 million. Korn/Ferry International had a net margin of 9.36% and a return on equity of 14.43%. Korn/Ferry International’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.26 EPS. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. As a group, analysts expect that Korn/Ferry International will post 5.63 earnings per share for the current fiscal year.

Korn/Ferry International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Tuesday, September 22nd were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 22nd. Korn/Ferry International’s dividend payout ratio is presently 41.51%.

Hedge Funds Weigh In On Korn/Ferry International

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC grew its stake in shares of Korn/Ferry International by 1.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 12,719 shares of the business services provider’s stock valued at $911,000 after purchasing an additional 216 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Korn/Ferry International by 3.4% during the 3rd quarter. GAMMA Investing LLC now owns 6,615 shares of the business services provider’s stock valued at $474,000 after acquiring an additional 220 shares during the period. MGO One Seven LLC boosted its position in Korn/Ferry International by 4.3% during the third quarter. MGO One Seven LLC now owns 5,487 shares of the business services provider’s stock worth $393,000 after purchasing an additional 226 shares in the last quarter. State of Wyoming grew its stake in Korn/Ferry International by 14.6% in the 1st quarter. State of Wyoming now owns 1,866 shares of the business services provider’s stock valued at $117,000 after acquiring an additional 238 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of Korn/Ferry International by 53.4% in the third quarter. Farther Finance Advisors LLC now owns 721 shares of the business services provider’s stock valued at $52,000 after purchasing an additional 251 shares during the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Korn/Ferry International Company Profile

Korn Ferry is a global organizational consulting firm that helps companies and other institutions align their people, strategy and operations. Its services are designed to support organizations across the employee lifecycle, from attracting and selecting talent to developing leaders, improving performance and managing organizational change.

The company’s principal offerings include executive search and professional recruitment, recruitment process outsourcing, leadership assessment and development, succession planning, executive coaching, compensation and rewards consulting, and broader organizational strategy.