Korn/Ferry International (NYSE:KFY) Hits New 52-Week High – Should You Buy?

Korn/Ferry International (NYSE:KFY) reached a new 52-week high during trading on Monday . The stock traded as high as $87.51 and last traded at $86.6350, with a volume of 532599 shares changing hands. The stock had previously closed at $86.28.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on KFY shares. Robert W. Baird lifted their target price on shares of Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. Wall Street Zen cut shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. UBS Group raised their price objective on shares of Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, June 24th. Truist Financial lifted their price objective on shares of 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, Weiss Ratings raised shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Korn/Ferry International has an average rating of “Moderate Buy” and an average target price of $78.50.

Korn/Ferry International Price Performance

The business has a fifty day moving average of $78.45 and a 200-day moving average of $69.98. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.20. The firm has a market cap of $4.40 billion, a PE ratio of 16.35 and a beta of 1.19.

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

Korn/Ferry International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Monday, July 6th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, July 6th. Korn/Ferry International’s dividend payout ratio (DPR) is 41.98%.

Institutional Trading of Korn/Ferry International

Hedge funds and other institutional investors have recently bought and sold shares of the company. IFP Advisors Inc lifted its stake in Korn/Ferry International by 69.4% in the 4th quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock worth $33,000 after purchasing an additional 206 shares in the last quarter. Clearstead Advisors LLC grew its position 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 valued at $40,000 after purchasing an additional 607 shares in the last quarter. Kestra Investment Management LLC increased its holdings in shares of Korn/Ferry International by 71.8% in the second quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after purchasing an additional 242 shares during the period. Canada Pension Plan Investment Board increased its holdings in shares of Korn/Ferry International by 200.0% in the second quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after purchasing an additional 400 shares during the period. Finally, Danske Bank A S purchased a new stake in shares of Korn/Ferry International in the third quarter worth $56,000. 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.