Korn/Ferry International (NYSE:KFY)‘s stock had its “hold” rating restated by analysts at Robert W. Baird in a research report issued to clients and investors on Thursday. They currently have a $45.00 target price on the business services provider’s stock. Robert W. Baird’s price objective would indicate a potential upside of 6.74% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Korn/Ferry International from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research note on Wednesday, November 8th. Deutsche Bank upped their target price on shares of Korn/Ferry International from $34.00 to $40.00 and gave the company a “hold” rating in a research note on Thursday, September 7th. SunTrust Banks reiterated a “buy” rating and set a $42.00 target price on shares of Korn/Ferry International in a research note on Friday, October 20th. ValuEngine cut shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Finally, BidaskClub cut shares of Korn/Ferry International from a “hold” rating to a “sell” rating in a research note on Saturday, August 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. Korn/Ferry International currently has a consensus rating of “Buy” and a consensus price target of $43.40.

Shares of Korn/Ferry International (KFY) opened at $42.16 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.13 and a quick ratio of 2.13. The company has a market cap of $2,376.07, a P/E ratio of 18.37 and a beta of 1.35. Korn/Ferry International has a 1 year low of $26.38 and a 1 year high of $44.08.

Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings data on Wednesday, December 6th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $0.03. The business had revenue of $443.02 million during the quarter, compared to the consensus estimate of $424.09 million. Korn/Ferry International had a net margin of 6.69% and a return on equity of 12.03%. Korn/Ferry International’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 EPS. sell-side analysts predict that Korn/Ferry International will post 2.45 EPS for the current fiscal year.

In other Korn/Ferry International news, CFO Robert P. Rozek sold 12,000 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $40.04, for a total transaction of $480,480.00. Following the sale, the chief financial officer now owns 93,522 shares of the company’s stock, valued at approximately $3,744,620.88. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jerry Leamon sold 8,000 shares of the stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $40.06, for a total transaction of $320,480.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 70,000 shares of company stock worth $2,801,960. 1.01% of the stock is owned by insiders.

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its holdings in Korn/Ferry International by 41.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 123,475 shares of the business services provider’s stock worth $4,264,000 after acquiring an additional 35,971 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Korn/Ferry International by 9.7% in the 2nd quarter. Legal & General Group Plc now owns 111,533 shares of the business services provider’s stock valued at $3,852,000 after purchasing an additional 9,854 shares during the last quarter. Kennedy Capital Management Inc. boosted its stake in shares of Korn/Ferry International by 12.8% in the 2nd quarter. Kennedy Capital Management Inc. now owns 105,690 shares of the business services provider’s stock valued at $3,649,000 after purchasing an additional 11,987 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Korn/Ferry International by 9.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,713,949 shares of the business services provider’s stock valued at $59,184,000 after purchasing an additional 143,828 shares during the last quarter. Finally, Sciencast Management LP bought a new position in shares of Korn/Ferry International in the 2nd quarter valued at about $411,000. 86.20% of the stock is currently owned by hedge funds and other institutional investors.

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Korn/Ferry International Company Profile

Korn/Ferry International (Korn Ferry) is a people and organizational advisory company. The Company and its subsidiaries are engaged in the provision of talent management solutions, including executive search on a retained basis, recruitment for non-executive professionals, recruitment process outsourcing, and leadership and talent consulting services.

Analyst Recommendations for Korn/Ferry International (NYSE:KFY)

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