Korn/Ferry International (NYSE:KFY) Stock Gets Downgrade from Zacks Research

Korn/Ferry International (NYSE:KFY) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday, Zacks reports.

A number of other research analysts have also weighed in on KFY. Wall Street Zen lowered shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Korn/Ferry International in a research report on Friday, September 18th. Finally, UBS Group raised their price objective on Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a report on Thursday, September 10th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.25.

Korn/Ferry International Trading Up 2.6%

KFY opened at $78.08 on Tuesday. The firm’s fifty day moving average is $76.39 and its two-hundred day moving average is $71.26. The firm has a market cap of $4.26 billion, a PE ratio of 14.73 and a beta of 1.25. Korn/Ferry International has a twelve month low of $58.95 and a twelve month high of $87.51. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.37 and a current ratio of 2.37.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.07. Korn/Ferry International had a net margin of 9.36% and a return on equity of 14.43%. The company had revenue of $764.62 million during the quarter, compared to analyst estimates of $737.66 million. During the same quarter in the previous year, the business earned $1.26 EPS. The firm’s revenue was up 6.9% on a year-over-year basis. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. Equities research analysts anticipate that Korn/Ferry International will post 5.63 EPS for the current year.

Institutional Investors Weigh In On Korn/Ferry International

Several institutional investors have recently made changes to their positions in KFY. Leuthold Group LLC acquired a new stake in shares of Korn/Ferry International during the 3rd quarter worth $3,155,000. Hohimer Wealth Management LLC increased its holdings in shares of Korn/Ferry International by 5.2% during the third quarter. Hohimer Wealth Management LLC now owns 3,455 shares of the business services provider’s stock worth $247,000 after buying an additional 172 shares in the last quarter. Brighton Jones LLC acquired a new stake in shares of Korn/Ferry International during the third quarter valued at about $212,000. CenterBook Partners LP acquired a new stake in Korn/Ferry International during the 3rd quarter worth approximately $1,426,000. Finally, Heritage Family Offices LLP bought a new stake in shares of Korn/Ferry International in the third quarter worth $139,000. 98.82% of the stock is currently owned by institutional investors.

About Korn/Ferry International

Korn Ferry is a global organizational consulting firm that helps companies and other institutions align their people, strategy and operations. Its services are designed to support organizations across the employee lifecycle, from attracting and selecting talent to developing leaders, improving performance and managing organizational change.

The company’s principal offerings include executive search and professional recruitment, recruitment process outsourcing, leadership assessment and development, succession planning, executive coaching, compensation and rewards consulting, and broader organizational strategy.