Korn/Ferry International (NYSE:KFY) Downgraded by Wall Street Zen to Hold

Korn/Ferry International (NYSE:KFY) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

KFY has been the topic of several other research reports. Weiss Ratings restated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Wednesday, January 28th. The Goldman Sachs Group decreased their target price 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. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $78.67.

Korn/Ferry International Stock Down 1.1%

KFY stock opened at $62.18 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.14 and a current ratio of 2.14. The stock’s 50 day simple moving average is $66.66 and its 200 day simple moving average is $68.61. The company has a market cap of $3.25 billion, a P/E ratio of 12.61 and a beta of 1.35. Korn/Ferry International has a fifty-two week low of $59.23 and a fifty-two week high of $78.50.

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

Hedge Funds Weigh In On Korn/Ferry International

Institutional investors have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans grew its stake in Korn/Ferry International by 7.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 836,362 shares of the business services provider’s stock worth $58,529,000 after acquiring an additional 56,647 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its position in Korn/Ferry International by 105.8% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 27,721 shares of the business services provider’s stock valued at $1,940,000 after buying an additional 14,249 shares in the last quarter. Alps Advisors Inc. purchased a new position in shares of Korn/Ferry International in the third quarter worth $10,993,000. Public Sector Pension Investment Board raised its position in Korn/Ferry International by 15.9% during the 3rd quarter. Public Sector Pension Investment Board now owns 204,114 shares of the business services provider’s stock worth $14,284,000 after buying an additional 28,069 shares during the last quarter. Finally, AlphaQuest LLC raised its holdings in shares of Korn/Ferry International by 268.4% during the third quarter. AlphaQuest LLC now owns 57,210 shares of the business services provider’s stock worth $4,004,000 after purchasing an additional 41,680 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 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.