Korn/Ferry International (NYSE:KFY) Raised to “Buy” at Wall Street Zen

Korn/Ferry International (NYSE:KFY) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts also recently issued reports about the stock. The Goldman Sachs Group decreased their price objective on shares of Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a research note on Friday, November 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Friday, October 31st. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Korn/Ferry International presently has an average rating of “Moderate Buy” and an average price target of $78.67.

Korn/Ferry International Price Performance

KFY stock opened at $69.07 on Friday. The company has a market cap of $3.60 billion, a PE ratio of 14.01 and a beta of 1.33. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average price of $66.25 and a two-hundred day moving average price of $70.08. Korn/Ferry International has a 12-month low of $59.23 and a 12-month high of $78.50.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings data on Tuesday, December 9th. The business services provider reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.02. Korn/Ferry International had a return on equity of 14.53% and a net margin of 9.21%.The business had revenue of $729.80 million for the quarter, compared to analyst estimates of $705.16 million. During the same period in the previous year, the company posted $1.21 EPS. The company’s revenue was up 7.0% compared to the same quarter last year. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. As a group, research analysts predict that Korn/Ferry International will post 4.75 EPS for the current year.

Korn/Ferry International announced that its Board of Directors has authorized a stock repurchase plan on Thursday, September 18th that allows the company to buyback $331.40 million in shares. This buyback authorization allows the business services provider to purchase up to 8.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of KFY. Congress Asset Management Co. grew its stake in Korn/Ferry International by 3.1% during the 4th quarter. Congress Asset Management Co. now owns 40,301 shares of the business services provider’s stock valued at $2,661,000 after purchasing an additional 1,212 shares in the last quarter. SG Americas Securities LLC grew its position in shares of Korn/Ferry International by 43.4% during the fourth quarter. SG Americas Securities LLC now owns 16,796 shares of the business services provider’s stock worth $1,109,000 after buying an additional 5,085 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Korn/Ferry International by 4.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,616 shares of the business services provider’s stock worth $507,000 after buying an additional 346 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Korn/Ferry International by 3.1% in the third quarter. JPMorgan Chase & Co. now owns 138,068 shares of the business services provider’s stock worth $9,662,000 after buying an additional 4,115 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of Korn/Ferry International in the third quarter worth $386,000. 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.