Korn/Ferry International (NYSE:KFY – Get Free Report) issued an update on its second quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of 1.300-1.400 for the period, compared to the consensus earnings per share estimate of 1.450. The company issued revenue guidance of -.
Korn/Ferry International Stock Down 0.9%
Shares of NYSE:KFY opened at $81.31 on Thursday. Korn/Ferry International has a 52 week low of $58.95 and a 52 week high of $87.51. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.94 and a current ratio of 1.94. The company has a market capitalization of $4.44 billion, a PE ratio of 15.52 and a beta of 1.19. The company has a 50 day moving average price of $80.77 and a two-hundred day moving average price of $71.20.
Korn/Ferry International (NYSE:KFY – Get Free Report) last announced its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.07. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The company had revenue of $764.62 million for the quarter, compared to analysts’ expectations of $737.66 million. During the same period last year, the firm posted $1.26 earnings per share. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. Analysts forecast that Korn/Ferry International will post 6.04 earnings per share for the current year.
Korn/Ferry International Dividend Announcement
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Truist Financial raised their price target 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 upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Saturday, September 5th. UBS Group boosted their price objective on Korn/Ferry International from $70.00 to $75.00 and gave the company a “neutral” rating in a research report on Wednesday, June 24th. Finally, Robert W. Baird increased their target price on Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Korn/Ferry International has an average rating of “Moderate Buy” and a consensus target price of $78.50.
View Our Latest Stock Report on Korn/Ferry International
More Korn/Ferry International News
Here are the key news stories impacting Korn/Ferry International this week:
- Positive Sentiment: Korn/Ferry reported first-quarter fiscal 2027 adjusted EPS of $1.43, exceeding consensus estimates of approximately $1.35-$1.36 and rising from $1.26 a year earlier. Revenue reached $764.6 million, above the $737.7 million estimate, while revenue increased 6.9% year over year. Korn/Ferry Q1 Earnings and Revenues Top Estimates
- Positive Sentiment: Management said the quarter marked the company’s sixth consecutive period of top-line growth, highlighting continued business momentum and demand for its consulting and talent services. Korn Ferry Announces First Quarter Fiscal 2027 Results
- Positive Sentiment: The board declared another quarterly cash dividend of $0.55 per share, payable October 15 to shareholders of record on September 22. The dividend represents an annualized payout of $2.20 and an indicated yield of about 2.7%. Korn Ferry Board Declared Quarterly Cash Dividend
- Neutral Sentiment: Analysts viewed the quarter as solid, but noted that labor-market conditions may be approaching an inflection point, potentially affecting hiring activity and consulting demand. Korn Ferry: Another Solid Quarter As Labor Market Approaches Inflection Point
- Negative Sentiment: Second-quarter adjusted EPS guidance of $1.30-$1.40 fell below the $1.45 analyst consensus. This weaker near-term outlook was the primary reason shares moved lower despite the first-quarter beats. Korn Ferry Shares Slip on Weaker Q2 Earnings Guidance
Institutional Trading of Korn/Ferry International
Several hedge funds and other institutional investors have recently modified their holdings of the company. Kestra Investment Management LLC boosted its position in shares of Korn/Ferry International by 71.8% during the second quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after buying an additional 242 shares during the period. Canada Pension Plan Investment Board grew its holdings in shares of Korn/Ferry International by 200.0% during the second quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after buying an additional 400 shares in the last quarter. Danske Bank A S acquired a new stake in Korn/Ferry International in the 3rd quarter valued at approximately $56,000. EverSource Wealth Advisors LLC raised its position in Korn/Ferry International by 84.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 854 shares of the business services provider’s stock valued at $63,000 after buying an additional 390 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in Korn/Ferry International by 431.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,149 shares of the business services provider’s stock valued at $76,000 after acquiring an additional 933 shares in the last quarter. 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.
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