Korn/Ferry International (NYSE:KFY) Receives $78.50 Consensus PT from Brokerages

Shares of Korn/Ferry International (NYSE:KFY) have been given an average rating of “Moderate Buy” by the five research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $78.50.

KFY has been the subject of a number of recent research reports. Truist Financial lifted their price objective on shares of Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Robert W. Baird lifted their price target on Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a research report on Wednesday, June 24th. Wall Street Zen lowered Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, UBS Group increased their price objective on Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, June 24th.

Korn/Ferry International Price Performance

NYSE KFY opened at $78.13 on Friday. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.20. The company has a market cap of $3.97 billion, a PE ratio of 14.91 and a beta of 1.21. Korn/Ferry International has a 52 week low of $58.95 and a 52 week high of $79.97. The firm’s 50-day simple moving average is $70.88 and its two-hundred day simple moving average is $66.91.

Korn/Ferry International (NYSE:KFY) last posted its earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.03. The firm had revenue of $768.26 million during the quarter, compared to the consensus estimate of $743.35 million. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The company’s revenue was up 6.7% on a year-over-year basis. During the same quarter last year, the company earned $1.32 earnings per share. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Research analysts predict that Korn/Ferry International will post 5.75 earnings per share for the current year.

Korn/Ferry International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 6th will be 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 is Monday, July 6th. Korn/Ferry International’s dividend payout ratio is presently 41.98%.

Institutional Trading of Korn/Ferry International

A number of hedge funds and other institutional investors have recently bought and sold shares of KFY. Russell Investments Group Ltd. raised its position in shares of Korn/Ferry International by 0.5% in the 4th quarter. Russell Investments Group Ltd. now owns 31,860 shares of the business services provider’s stock worth $2,103,000 after acquiring an additional 167 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Korn/Ferry International by 3.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,583 shares of the business services provider’s stock valued at $369,000 after purchasing an additional 178 shares in the last quarter. Vise Technologies Inc. boosted its position in shares of Korn/Ferry International by 2.9% during the third quarter. Vise Technologies Inc. now owns 6,378 shares of the business services provider’s stock valued at $446,000 after purchasing an additional 179 shares in the last quarter. Illinois Municipal Retirement Fund grew its stake in Korn/Ferry International by 0.7% in the fourth quarter. Illinois Municipal Retirement Fund now owns 27,555 shares of the business services provider’s stock worth $1,819,000 after purchasing an additional 181 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its holdings in Korn/Ferry International by 1.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 12,013 shares of the business services provider’s stock worth $793,000 after purchasing an additional 200 shares in the last quarter. 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.