FY2025 EPS Estimates for Korn Ferry Lifted by William Blair

Korn Ferry (NYSE:KFY) – Analysts at William Blair increased their FY2025 earnings per share estimates for shares of Korn Ferry in a note issued to investors on Monday, November 4th. William Blair analyst T. Romeo now forecasts that the business services provider will post earnings of $4.81 per share for the year, up from their prior forecast of $4.79. The consensus estimate for Korn Ferry’s current full-year earnings is $4.83 per share.

Korn Ferry Trading Up 3.0 %

Shares of KFY opened at $73.89 on Wednesday. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 21.11 and a beta of 1.55. The firm has a 50 day moving average price of $71.69 and a 200-day moving average price of $68.55. Korn Ferry has a fifty-two week low of $47.28 and a fifty-two week high of $76.63. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.15 and a current ratio of 2.15.

Korn Ferry (NYSE:KFY) last announced its earnings results on Thursday, September 5th. The business services provider reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.06. Korn Ferry had a net margin of 6.68% and a return on equity of 13.73%. The business had revenue of $682.80 million for the quarter, compared to the consensus estimate of $663.84 million. During the same period last year, the firm posted $0.99 earnings per share. Korn Ferry’s quarterly revenue was down 3.3% on a year-over-year basis.

Institutional Investors Weigh In On Korn Ferry

Hedge funds and other institutional investors have recently made changes to their positions in the business. Janus Henderson Group PLC grew its position in shares of Korn Ferry by 161.5% during the 1st quarter. Janus Henderson Group PLC now owns 67,064 shares of the business services provider’s stock valued at $4,409,000 after acquiring an additional 41,416 shares during the period. UniSuper Management Pty Ltd purchased a new stake in Korn Ferry in the first quarter worth about $815,000. Diversify Advisory Services LLC bought a new position in shares of Korn Ferry in the second quarter worth about $1,158,000. Jane Street Group LLC lifted its position in shares of Korn Ferry by 884.9% during the 1st quarter. Jane Street Group LLC now owns 76,536 shares of the business services provider’s stock valued at $5,033,000 after buying an additional 68,765 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Korn Ferry by 72.7% during the 1st quarter. BNP Paribas Financial Markets now owns 26,229 shares of the business services provider’s stock valued at $1,725,000 after acquiring an additional 11,039 shares during the period. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Insider Activity at Korn Ferry

In other Korn Ferry news, CFO Robert P. Rozek sold 20,921 shares of the business’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $75.53, for a total transaction of $1,580,163.13. Following the transaction, the chief financial officer now directly owns 154,535 shares of the company’s stock, valued at approximately $11,672,028.55. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO Robert P. Rozek sold 20,921 shares of Korn Ferry stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $75.53, for a total value of $1,580,163.13. Following the completion of the transaction, the chief financial officer now owns 154,535 shares of the company’s stock, valued at $11,672,028.55. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Debra J. Perry sold 5,280 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $73.30, for a total transaction of $387,024.00. Following the sale, the director now directly owns 46,180 shares of the company’s stock, valued at $3,384,994. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 86,201 shares of company stock worth $6,329,320 in the last 90 days. Company insiders own 1.40% of the company’s stock.

Korn Ferry Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Thursday, September 19th were paid a $0.37 dividend. The ex-dividend date was Thursday, September 19th. This represents a $1.48 annualized dividend and a dividend yield of 2.00%. Korn Ferry’s payout ratio is presently 42.29%.

Korn Ferry Company Profile

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.