Korn/Ferry International (NYSE:KFY) issued an update on its first quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.67-0.75 for the period, compared to the Thomson Reuters consensus estimate of $0.66. The company issued revenue guidance of $450-470 million, compared to the consensus revenue estimate of $430.44 million.

Korn/Ferry International opened at $56.53 on Wednesday, MarketBeat Ratings reports. Korn/Ferry International has a twelve month low of $31.53 and a twelve month high of $57.78. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.91 and a current ratio of 1.91. The firm has a market cap of $3.22 billion, a PE ratio of 25.24 and a beta of 1.21.

Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings data on Wednesday, June 13th. The business services provider reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.10. Korn/Ferry International had a return on equity of 12.72% and a net margin of 6.83%. The business had revenue of $475.36 million for the quarter, compared to analyst estimates of $454.37 million. During the same quarter in the prior year, the company earned $0.62 earnings per share. The company’s revenue was up 17.1% on a year-over-year basis. analysts predict that Korn/Ferry International will post 2.63 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 13th. Stockholders of record on Tuesday, June 26th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.71%. Korn/Ferry International’s dividend payout ratio is currently 17.86%.

KFY has been the subject of a number of analyst reports. Goldman Sachs Group initiated coverage on shares of Korn/Ferry International in a research note on Tuesday, March 27th. They set a buy rating for the company. Zacks Investment Research upgraded shares of Korn/Ferry International from a hold rating to a buy rating and set a $49.00 target price for the company in a research note on Friday, March 9th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of $44.00.

In related news, Director Angel R. Martinez acquired 2,000 shares of the firm’s stock in a transaction on Friday, March 23rd. The stock was bought at an average price of $50.30 per share, for a total transaction of $100,600.00. Following the completion of the purchase, the director now directly owns 5,030 shares of the company’s stock, valued at approximately $253,009. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Debra J. Perry sold 5,520 shares of the company’s stock in a transaction on Friday, March 16th. The shares were sold at an average price of $51.00, for a total transaction of $281,520.00. Following the completion of the transaction, the director now owns 26,452 shares of the company’s stock, valued at approximately $1,349,052. The disclosure for this sale can be found here. Insiders own 1.01% of the company’s stock.

About Korn/Ferry International

Korn/Ferry International, together with its subsidiaries, provides talent management solutions worldwide. It operates through three segments: Executive Search, Hay Group, and Futurestep. The company provides executive recruitment services that are used to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the consumer, financial services, industrial, life sciences/healthcare provider, technology, and educational/not-for-profit industries.

Earnings History and Estimates for Korn/Ferry International (NYSE:KFY)

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