Korn/Ferry International (NYSE:KFY) Stock Rating Upgraded by Wall Street Zen

Korn/Ferry International (NYSE:KFY) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

KFY has been the subject of a number of other research reports. The Goldman Sachs Group decreased their price objective on shares of Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a report on Friday, November 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Friday, October 31st. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $78.67.

Korn/Ferry International Stock Up 1.5%

NYSE:KFY opened at $69.07 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.14 and a current ratio of 2.14. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of 14.01 and a beta of 1.33. Korn/Ferry International has a one year low of $59.23 and a one year high of $78.50. The stock has a 50-day simple moving average of $66.25 and a 200 day simple moving average of $70.08.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Tuesday, December 9th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.02. The firm had revenue of $729.80 million for the quarter, compared to analysts’ expectations of $705.16 million. Korn/Ferry International had a return on equity of 14.53% and a net margin of 9.21%.Korn/Ferry International’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.21 earnings per share. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. Sell-side analysts predict that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International declared that its Board of Directors has initiated a stock buyback program on Thursday, September 18th that allows the company to buyback $331.40 million in shares. This buyback authorization allows the business services provider to repurchase up to 8.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in KFY. Ritholtz Wealth Management increased its stake in Korn/Ferry International by 0.8% during the 3rd quarter. Ritholtz Wealth Management now owns 17,657 shares of the business services provider’s stock valued at $1,236,000 after buying an additional 143 shares during the period. Blue Trust Inc. boosted its holdings in shares of Korn/Ferry International by 21.1% in the second quarter. Blue Trust Inc. now owns 937 shares of the business services provider’s stock valued at $69,000 after acquiring an additional 163 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in shares of Korn/Ferry International by 3.0% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 5,648 shares of the business services provider’s stock valued at $414,000 after acquiring an additional 165 shares during the period. Savant Capital LLC raised its holdings in Korn/Ferry International by 5.2% during the second quarter. Savant Capital LLC now owns 3,312 shares of the business services provider’s stock worth $243,000 after purchasing an additional 165 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in Korn/Ferry International by 9.3% during the third quarter. GAMMA Investing LLC now owns 1,934 shares of the business services provider’s stock worth $135,000 after purchasing an additional 165 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.