Korn/Ferry International (NYSE:KFY) Stock Rating Lowered by Zacks Research

Korn/Ferry International (NYSE:KFY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday, Zacks reports.

Several other research analysts have also issued reports on KFY. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Korn/Ferry International in a research report on Friday, September 18th. Wall Street Zen lowered shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. Finally, UBS Group increased their price objective on shares of Korn/Ferry International from $75.00 to $82.00 and gave the stock a “neutral” rating in a research report on Thursday, September 10th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $80.25.

Korn/Ferry International Trading Up 2.6%

Shares of KFY stock opened at $78.08 on Tuesday. The stock’s fifty day moving average price is $76.39 and its two-hundred day moving average price is $71.26. The company has a market cap of $4.26 billion, a PE ratio of 14.73 and a beta of 1.25. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.37 and a current ratio of 2.37. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $87.51.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings data 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 return on equity of 14.43% and a net margin of 9.36%. The business had revenue of $764.62 million for the quarter, compared to analyst estimates of $737.66 million. During the same quarter in the previous year, the company posted $1.26 EPS. Korn/Ferry International’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. Equities analysts predict that Korn/Ferry International will post 5.63 EPS for the current fiscal year.

Hedge Funds Weigh In On Korn/Ferry International

Institutional investors have recently added to or reduced their stakes in the business. Pension & Wealth Management Advisors Inc. bought a new stake in shares of Korn/Ferry International in the 3rd quarter valued at $25,000. Farther Finance Advisors LLC lifted its position in shares of Korn/Ferry International by 53.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 721 shares of the business services provider’s stock valued at $52,000 after acquiring an additional 251 shares during the period. IFP Advisors Inc lifted its position in shares of Korn/Ferry International by 80.7% during the 2nd quarter. IFP Advisors Inc now owns 947 shares of the business services provider’s stock valued at $63,000 after acquiring an additional 423 shares during the period. Integrated Wealth Concepts LLC bought a new position in Korn/Ferry International during the second quarter worth $64,000. Finally, Allworth Financial LP boosted its stake in Korn/Ferry International by 111.6% during the second quarter. Allworth Financial LP now owns 1,219 shares of the business services provider’s stock worth $81,000 after acquiring an additional 643 shares in the last quarter. 98.82% of the stock is owned by institutional investors and hedge funds.

Korn/Ferry International Company Profile

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.