Korn/Ferry International (NYSE:KFY) Cut to “Hold” at Wall Street Zen

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

Other equities research analysts have also issued reports about the company. Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. UBS Group increased their price target on Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Truist Financial raised their price target on Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Finally, Robert W. Baird lifted their price objective on Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a report on Wednesday, June 24th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $78.50.

Korn/Ferry International Stock Down 0.1%

NYSE:KFY opened at $69.64 on Friday. The company has a market cap of $3.54 billion, a price-to-earnings ratio of 13.29 and a beta of 1.21. Korn/Ferry International has a twelve month low of $58.95 and a twelve month high of $78.50. The company has a current ratio of 1.94, a quick ratio of 2.01 and a debt-to-equity ratio of 0.20. The stock has a fifty day simple moving average of $68.89 and a 200-day simple moving average of $66.31.

Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings results on Tuesday, June 23rd. The business services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.37 by $0.03. The company had revenue of $768.26 million for the quarter, compared to the consensus estimate of $743.35 million. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The firm’s revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.32 EPS. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Analysts anticipate that Korn/Ferry International will post 5.75 EPS for the current year.

Institutional Trading of Korn/Ferry International

A number of hedge funds have recently bought and sold shares of the stock. IFP Advisors Inc lifted its holdings in Korn/Ferry International by 69.4% during the fourth quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock worth $33,000 after buying an additional 206 shares during the period. Kestra Investment Management LLC increased its holdings in shares of Korn/Ferry International by 71.8% in the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 242 shares during the period. Canada Pension Plan Investment Board raised its position in shares of Korn/Ferry International by 200.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after acquiring an additional 400 shares in the last quarter. Clearstead Advisors LLC lifted its stake in shares of Korn/Ferry International by 30,350.0% during the 4th quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock worth $40,000 after purchasing an additional 607 shares during the last quarter. Finally, Torren Management LLC bought a new stake in Korn/Ferry International during the fourth quarter valued at about $52,000. Hedge funds and other institutional investors 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.