Korn/Ferry International (NYSE:KFY) Stock Price Expected to Rise, UBS Group Analyst Says

Korn/Ferry International (NYSE:KFY) had its price target boosted by investment analysts at UBS Group from $70.00 to $75.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the business services provider’s stock. UBS Group’s price objective indicates a potential upside of 4.21% from the stock’s current price.

Other analysts have also recently issued research reports about the company. Truist Financial raised their price objective on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Robert W. Baird upped their price objective on shares of Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Weiss Ratings raised shares of Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.50.

Korn/Ferry International Stock Up 6.2%

NYSE KFY opened at $71.97 on Wednesday. The company has a fifty day moving average of $68.21 and a two-hundred day moving average of $66.17. The firm has a market capitalization of $3.73 billion, a price-to-earnings ratio of 14.22 and a beta of 1.21. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 52 week low of $58.95 and a 52 week high of $78.50.

Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings data on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03. The company had revenue of $768.26 million during the quarter, compared to analysts’ expectations of $743.35 million. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.Korn/Ferry International’s revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.32 EPS. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. On average, analysts predict that Korn/Ferry International will post 5.29 earnings per share for the current year.

Institutional Investors Weigh In On Korn/Ferry International

Hedge funds have recently made changes to their positions in the business. IFP Advisors Inc increased its stake in Korn/Ferry International by 69.4% in the 4th quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 206 shares in the last quarter. Clearstead Advisors LLC grew its stake in Korn/Ferry International by 30,350.0% in the 4th quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock worth $40,000 after acquiring an additional 607 shares during the period. Kestra Investment Management LLC increased its stake in Korn/Ferry International by 71.8% in the second quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock valued at $42,000 after purchasing an additional 242 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in shares of Korn/Ferry International by 200.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 400 shares during the last quarter. Finally, Torren Management LLC acquired a new position in Korn/Ferry International during the fourth quarter worth approximately $52,000. Institutional investors and hedge funds 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.