Korn/Ferry International (NYSE:KFY) Stock Has Average Price Target of $80.25 According to Brokerages

Korn/Ferry International (NYSE:KFY) has earned an average recommendation of “Moderate Buy” from the five analysts that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $80.25.

KFY has been the subject of several research reports. Wall Street Zen lowered shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Sunday, September 13th. Truist Financial upped their price objective on shares of Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Korn/Ferry International in a research note on Friday, September 18th. UBS Group raised their price objective on shares of Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a research note on Thursday, September 10th. Finally, Robert W. Baird upped their target price on shares of Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th.

Korn/Ferry International Price Performance

Shares of KFY stock opened at $71.12 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.37 and a current ratio of 2.37. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $87.51. The firm has a market cap of $3.88 billion, a P/E ratio of 13.42 and a beta of 1.25. The business’s 50 day moving average price is $80.35 and its 200-day moving average price is $72.89.

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

Korn/Ferry International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 22nd will be given a $0.55 dividend. The ex-dividend date of this dividend is Tuesday, September 22nd. This represents a $2.20 annualized dividend and a yield of 3.1%. Korn/Ferry International’s dividend payout ratio is 41.51%.

Institutional Trading of Korn/Ferry International

A number of institutional investors and hedge funds have recently modified their holdings of the business. Clearstead Advisors LLC lifted its holdings in shares of Korn/Ferry International by 30,350.0% during the fourth quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 607 shares in the last quarter. IFP Advisors Inc increased its holdings in Korn/Ferry International by 80.7% in the 2nd quarter. IFP Advisors Inc now owns 947 shares of the business services provider’s stock worth $63,000 after buying an additional 423 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Korn/Ferry International in the 2nd quarter worth about $64,000. AdvisorNet Financial Inc raised its position in Korn/Ferry International by 528.0% in the 1st quarter. AdvisorNet Financial Inc now owns 1,011 shares of the business services provider’s stock worth $64,000 after buying an additional 850 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in Korn/Ferry International by 208.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,186 shares of the business services provider’s stock valued at $78,000 after acquiring an additional 802 shares during the period. Institutional investors own 98.82% of the company’s stock.

Korn/Ferry International Company Profile

Korn/Ferry International, now known as Korn Ferry, is a global organizational consulting and executive search firm. The company helps organizations address leadership, talent and workforce challenges through services that include executive recruitment, professional search, succession planning, leadership development and organizational strategy.

Korn Ferry also provides talent assessment, workforce planning, compensation and rewards consulting, recruitment process outsourcing, and learning and development solutions.