Korn/Ferry International (NYSE:KFY) Stock Has Average Price Target of $80.25 According to Brokerages

Korn/Ferry International (NYSE:KFY) has been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $80.25.

A number of brokerages have commented on KFY. UBS Group lifted their target price on Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a research note on Thursday, September 10th. Wall Street Zen cut Korn/Ferry International from a “buy” rating to a “hold” rating in a research report on Sunday, September 13th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Korn/Ferry International in a report on Friday, September 18th.

Korn/Ferry International Trading Up 1.9%

Korn/Ferry International stock opened at $77.99 on Tuesday. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $87.51. The firm’s 50-day moving average is $76.69 and its 200-day moving average is $71.17. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.37 and a current ratio of 2.37. The company has a market cap of $4.26 billion, a P/E ratio of 14.72 and a beta of 1.25.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Wednesday, September 9th. The business services provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.07. The business had revenue of $764.62 million during the quarter, compared to the consensus estimate of $737.66 million. Korn/Ferry International had a net margin of 9.36% and a return on equity of 14.43%. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.26 EPS. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. On average, equities analysts expect that Korn/Ferry International will post 5.63 earnings per share for the current year.

Korn/Ferry International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Tuesday, September 22nd were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Tuesday, September 22nd. Korn/Ferry International’s dividend payout ratio is presently 41.51%.

Institutional Investors Weigh In On Korn/Ferry International

Large investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its holdings in shares of Korn/Ferry International by 4.3% during the first quarter. Dimensional Fund Advisors LP now owns 3,003,385 shares of the business services provider’s stock valued at $189,065,000 after purchasing an additional 122,669 shares during the period. Pzena Investment Management LLC raised its stake in shares of Korn/Ferry International by 0.7% during the first quarter. Pzena Investment Management LLC now owns 797,438 shares of the business services provider’s stock valued at $50,199,000 after purchasing an additional 5,573 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Korn/Ferry International during the second quarter valued at about $43,812,000. Neumeier Poma Investment Counsel LLC bought a new stake in shares of Korn/Ferry International during the second quarter valued at about $26,722,682. Finally, Principal Financial Group Inc. lifted its holdings in Korn/Ferry International by 10.1% in the first quarter. Principal Financial Group Inc. now owns 328,723 shares of the business services provider’s stock worth $20,693,000 after purchasing an additional 30,163 shares during the period. 98.82% of the stock is owned by institutional investors and hedge funds.

About Korn/Ferry International

Korn Ferry is a global organizational consulting firm that helps companies and other institutions align their people, strategy and operations. Its services are designed to support organizations across the employee lifecycle, from attracting and selecting talent to developing leaders, improving performance and managing organizational change.

The company’s principal offerings include executive search and professional recruitment, recruitment process outsourcing, leadership assessment and development, succession planning, executive coaching, compensation and rewards consulting, and broader organizational strategy.