Media headlines about Korn/Ferry International (NYSE:KFY) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Korn/Ferry International earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 25 out of 100, indicating that recent news coverage is very unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- BidaskClub Downgrades Korn/Ferry International (KFY) to Buy (americanbankingnews.com)
- Kathryn Ang Joins Korn Ferry as Senior Client Partner (finance.yahoo.com)
- Korn/Ferry International : Kathryn Ang Joins Korn Ferry as Senior Client Partner (4-traders.com)
- Uptrend Call Working As Korn/Ferry Intl Stock Rises 47.8% (KFY) (mysmartrend.com)
- Beatrice Grech-Cumbo Joins Korn Ferry Hay Group as Senior Client Partner (finance.yahoo.com)
A number of equities analysts have recently issued reports on KFY shares. BidaskClub downgraded shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Sidoti started coverage on shares of Korn/Ferry International in a research note on Monday, June 12th. They set a “buy” rating and a $43.00 price objective on the stock. Tigress Financial started coverage on shares of Korn/Ferry International in a research note on Monday, March 20th. They set a “neutral” rating on the stock. William Blair upgraded shares of Korn/Ferry International from a “market perform” rating to an “outperform” rating in a research note on Monday, April 10th. Finally, Zacks Investment Research downgraded shares of Korn/Ferry International from a “hold” rating to a “sell” rating in a research note on Thursday, June 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $32.00.
Shares of Korn/Ferry International (KFY) traded down 0.15% during midday trading on Monday, reaching $34.30. 97,852 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $33.02 and its 200 day moving average price is $31.09. The stock has a market capitalization of $1.95 billion, a P/E ratio of 23.40 and a beta of 1.40. Korn/Ferry International has a 1-year low of $19.94 and a 1-year high of $36.07.
Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Tuesday, June 20th. The business services provider reported $0.62 EPS for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.03. Korn/Ferry International had a net margin of 5.19% and a return on equity of 12.14%. The company had revenue of $419.60 million for the quarter, compared to the consensus estimate of $405.33 million. During the same period in the prior year, the firm posted $0.58 EPS. The company’s quarterly revenue was up .6% compared to the same quarter last year. On average, equities analysts predict that Korn/Ferry International will post $2.44 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend was Wednesday, June 28th. Korn/Ferry International’s dividend payout ratio is presently 27.21%.
In other news, CEO Gary D. Burnison sold 58,837 shares of the company’s stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $34.41, for a total value of $2,024,581.17. Following the completion of the transaction, the chief executive officer now owns 251,485 shares in the company, valued at approximately $8,653,598.85. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Robert P. Rozek sold 5,000 shares of the company’s stock in a transaction on Friday, June 30th. The shares were sold at an average price of $34.61, for a total transaction of $173,050.00. Following the completion of the transaction, the chief financial officer now owns 101,282 shares of the company’s stock, valued at approximately $3,505,370.02. The disclosure for this sale can be found here. Over the last three months, insiders sold 183,837 shares of company stock worth $6,336,501. Insiders own 1.19% of the company’s stock.
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Korn/Ferry International Company Profile
Korn/Ferry International (Korn Ferry) is a people and organizational advisory company. The Company and its subsidiaries are engaged in the provision of talent management solutions, including executive search on a retained basis, recruitment for non-executive professionals, recruitment process outsourcing, and leadership and talent consulting services.
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