Korn Ferry (NYSE:KFY) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, December 5th. Analysts expect Korn Ferry to post earnings of $0.80 per share for the quarter. Korn Ferry has set its Q2 2020 guidance at $0.76-0.84 EPS and its Q2 guidance at $0.76-0.84 EPS.
Korn Ferry (NYSE:KFY) last announced its earnings results on Thursday, September 5th. The business services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.01). Korn Ferry had a return on equity of 15.26% and a net margin of 9.25%. The business had revenue of $484.50 million for the quarter, compared to analyst estimates of $475.35 million. During the same period last year, the firm earned $0.78 EPS. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. On average, analysts expect Korn Ferry to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of Korn Ferry stock traded down $0.60 during trading hours on Tuesday, reaching $38.82. 29,958 shares of the company’s stock were exchanged, compared to its average volume of 295,279. The business has a fifty day moving average of $37.81 and a two-hundred day moving average of $39.56. The company has a market capitalization of $2.21 billion, a P/E ratio of 11.73 and a beta of 1.10. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.34. Korn Ferry has a 1 year low of $34.35 and a 1 year high of $49.54.
KFY has been the topic of a number of recent research reports. Credit Suisse Group lowered their price target on shares of Korn Ferry from $40.00 to $37.00 and set an “underperform” rating on the stock in a research report on Friday, September 6th. Zacks Investment Research upgraded shares of Korn Ferry from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. Robert W. Baird set a $42.00 target price on shares of Korn Ferry and gave the stock a “hold” rating in a research note on Friday, September 6th. Sidoti lowered their target price on Korn Ferry from $72.00 to $63.00 and set a “buy” rating on the stock in a report on Friday, September 6th. Finally, ValuEngine upgraded Korn Ferry from a “sell” rating to a “hold” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Korn Ferry currently has a consensus rating of “Hold” and an average target price of $50.00.
Korn Ferry Company Profile
Korn Ferry, together with its subsidiaries, provides talent management solutions worldwide. It operates through three segments: Executive Search, Hay Group, and Futurestep. The company provides executive search services to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the consumer, financial services, industrial, life sciences/healthcare provider, technology, and educational/not-for-profit market sectors.
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