Korn/Ferry International (KFY) Given Average Rating of “Hold” by Brokerages

Korn/Ferry International (NYSE:KFY) has received an average recommendation of “Hold” from the nine brokerages that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $42.50.

A number of research analysts recently issued reports on the company. ValuEngine upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Robert W. Baird reissued a “hold” rating and issued a $45.00 price target on shares of Korn/Ferry International in a report on Thursday, December 7th. Zacks Investment Research cut Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Friday, December 8th. Finally, SunTrust Banks reissued a “buy” rating and issued a $42.00 price target on shares of Korn/Ferry International in a report on Friday, October 20th.

Shares of Korn/Ferry International (NYSE KFY) traded up $1.03 during trading hours on Wednesday, hitting $42.01. The company had a trading volume of 84,220 shares, compared to its average volume of 321,120. The company has a market cap of $2,328.90, a P/E ratio of 20.55 and a beta of 1.35. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 52 week low of $29.57 and a 52 week high of $45.26.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Wednesday, December 6th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.03. The company had revenue of $443.02 million during the quarter, compared to the consensus estimate of $424.09 million. Korn/Ferry International had a return on equity of 12.15% and a net margin of 6.90%. The firm’s revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.59 EPS. research analysts predict that Korn/Ferry International will post 2.49 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisors Preferred LLC purchased a new position in Korn/Ferry International in the 4th quarter worth approximately $159,000. LS Investment Advisors LLC raised its holdings in shares of Korn/Ferry International by 138.0% during the 4th quarter. LS Investment Advisors LLC now owns 4,658 shares of the business services provider’s stock worth $193,000 after acquiring an additional 2,701 shares in the last quarter. CAPROCK Group Inc. purchased a new stake in shares of Korn/Ferry International during the 4th quarter worth approximately $208,000. OLD National Bancorp IN purchased a new stake in shares of Korn/Ferry International during the 3rd quarter worth approximately $208,000. Finally, First Quadrant L P CA purchased a new stake in shares of Korn/Ferry International during the 3rd quarter worth approximately $212,000. 88.04% of the stock is currently owned by 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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