Korn Ferry (NYSE:KFY) Releases Q2 Earnings Guidance

Korn Ferry (NYSE:KFY - Get Free Report) updated its second quarter earnings guidance on Thursday. The company provided EPS guidance of $1.14-1.26 for the period, compared to the consensus EPS estimate of $1.20. Korn Ferry also updated its Q2 2025 guidance to 1.140-1.260 EPS.

Analyst Ratings Changes

Several brokerages have recently issued reports on KFY. UBS Group increased their price objective on Korn Ferry from $66.00 to $68.00 and gave the company a neutral rating in a research note on Friday, June 7th. Robert W. Baird increased their price target on Korn Ferry from $72.00 to $79.00 and gave the company an outperform rating in a research report on Friday, June 14th. Truist Financial reissued a buy rating and set a $78.00 price objective (up from $74.00) on shares of Korn Ferry in a research report on Friday, June 14th. Finally, StockNews.com raised shares of Korn Ferry from a hold rating to a buy rating in a report on Thursday, June 20th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and an average target price of $75.00.

Korn Ferry Stock Down 4.7 %

NYSE KFY traded down $3.33 during trading on Thursday, reaching $67.96. 467,006 shares of the company's stock were exchanged, compared to its average volume of 348,005. The company has a 50 day moving average price of $69.43 and a two-hundred day moving average price of $65.87. The stock has a market cap of $3.52 billion, a P/E ratio of 21.37 and a beta of 1.54. Korn Ferry has a 1 year low of $44.45 and a 1 year high of $75.30. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.83 and a current ratio of 1.79.

Korn Ferry (NYSE:KFY - Get Free Report) last posted its earnings results on Thursday, June 13th. The business services provider reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.13. Korn Ferry had a return on equity of 13.18% and a net margin of 6.05%. The firm had revenue of $690.80 million during the quarter, compared to analysts' expectations of $687.36 million. During the same quarter in the previous year, the business earned $1.01 earnings per share. The firm's revenue was down 5.5% compared to the same quarter last year. On average, equities research analysts anticipate that Korn Ferry will post 4.81 EPS for the current fiscal year.

Korn Ferry Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Thursday, September 19th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 2.18%. Korn Ferry's dividend payout ratio (DPR) is presently 45.96%.

Insider Buying and Selling at Korn Ferry

In related news, CEO Mark Arian sold 5,000 shares of the firm's stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $66.01, for a total transaction of $330,050.00. Following the transaction, the chief executive officer now owns 91,484 shares in the company, valued at approximately $6,038,858.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is currently owned by insiders.

Korn Ferry Company Profile

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.