Korn Ferry (KFY) Stock Price, News & Analysis

Company Overview

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. It also offers organizational strategy, assessment and succession, leadership and professional development, and total reward services. In addition, the company provides RPO, business project, professional search, and outsource recruiting solutions. Further, the company offers tech-enabled solutions that identify structures, roles, capabilities, and behaviors to drive businesses. It serves public and private companies, and middle market and emerging growth companies, as well as government and non-profit organizations. The company was formerly known as Korn/Ferry International and changed its name to Korn Ferry in January 2019. Korn Ferry was founded in 1969 and is based in Los Angeles, California.

Key Stats

• Today's Range: $74.44 to $75.72
• 50-Day Range: $68.94 to $79.37
• 52-Week Range: $50.63 to $80.64
• Volume: 446,895 shs
• Average Volume: 351,800 shs
• Market Capitalization: $3.94 billion
• P/E Ratio: 21.62
• Dividend Yield: 1.96%
• Price Target: $75.00
• Consensus Rating: Moderate Buy

Korn Ferry Stock Analysis - MarketRank™

Korn Ferry scored higher than 89% of companies evaluated by MarketBeat, and ranked 43rd out of 331 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Korn Ferry has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Korn Ferry has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.57%

Earnings Growth

Earnings for Korn Ferry are expected to grow by 11.57% in the coming year, from $4.84 to $5.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Korn Ferry is 21.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.16.

Price to Earnings Ratio vs. Sector

The P/E ratio of Korn Ferry is 21.62, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 46.32.

Price to Book Value per Share Ratio

Korn Ferry has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.57% of the float of Korn Ferry has been sold short.

Short Interest Ratio / Days to Cover

Korn Ferry has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Korn Ferry has recently decreased by 23.31%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Korn Ferry pays a meaningful dividend of 1.93%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Korn Ferry does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Korn Ferry is 42.29%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Korn Ferry will have a dividend payout ratio of 27.41% next year. This indicates that Korn Ferry will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.3 / 5
• Environmental Score: -1.88

Percentage of Shares Shorted

1.57% of the float of Korn Ferry has been sold short.

Short Interest Ratio / Days to Cover

Korn Ferry has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Korn Ferry has recently decreased by 23.31%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.00

News Sentiment

Korn Ferry has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Korn Ferry this week, compared to 6 articles on an average week.

MarketBeat Follows

3 people have added Korn Ferry to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Korn Ferry insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,329,320.00 in company stock.

Percentage Held by Insiders

Only 1.40% of the stock of Korn Ferry is held by insiders.

Percentage Held by Institutions

98.82% of the stock of Korn Ferry is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KFY Stock Analysis - Frequently Asked Questions

How have KFY shares performed this year?

Korn Ferry's stock was trading at $59.35 at the beginning of 2024. Since then, KFY stock has increased by 27.5% and is now trading at $75.68.
View the best growth stocks for 2024 here.

How were Korn Ferry's earnings last quarter?

Korn Ferry (NYSE:KFY) posted its quarterly earnings results on Thursday, September, 5th. The business services provider reported $1.18 EPS for the quarter, topping the consensus estimate of $1.12 by $0.06. The business's quarterly revenue was down 3.3% on a year-over-year basis.

Does Korn Ferry have any subsidiaries?

Korn Ferry subsidiaries include these companies: Patina Solutions, Lucas Group, AchieveForum, Miller Heiman Group, Strategy Execution, Hay Group, Pivot Leadership, and others.

Who are Korn Ferry's major shareholders?

Top institutional shareholders of Korn Ferry include State Street Corp (3.98%), Pacer Advisors Inc. (2.65%), Allspring Global Investments Holdings LLC (2.58%) and Geode Capital Management LLC (2.34%). Insiders that own company stock include Gary D Burnison, Robert P Rozek, Mark Arian, Michael Distefano, Debra J Perry and Jerry Leamon.
View institutional ownership trends.

How do I buy shares of Korn Ferry?

Shares of KFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Korn Ferry own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Korn Ferry investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 9/05/2024
• Ex-Dividend for 10/15 Dividend: 9/19/2024
• Dividend Payable: 10/15/2024
• Today: 11/20/2024
• Next Earnings (Estimated): 12/04/2024
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Employment agencies
• Sub-Industry: Human Resource & Employment Services
• Current Symbol: NYSE:KFY
• CUSIP: 50064320
• CIK: 56679
• Web: www.kornferry.com
• Phone: (310) 552-1834
• Fax: 310-553-6452
• Employees: 9,076
• Year Founded: 1969

Price Target and Rating

• Average Stock Price Target: $75.00
• High Stock Price Target: $79.00
• Low Stock Price Target: $68.00
• Potential Upside/Downside: -0.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.50
• Trailing P/E Ratio: 21.62
• Forward P/E Ratio: 15.64
• P/E Growth: N/A
• Net Income: $169.15 million
• Net Margins: 6.68%
• Pretax Margin: 8.79%
• Return on Equity: 13.73%
• Return on Assets: 6.71%

Debt

• Debt-to-Equity Ratio: 0.23
• Current Ratio: 2.15
• Quick Ratio: 2.15

Sales & Book Value

• Annual Sales: $2.77 billion
• Price / Sales: 1.42
• Cash Flow: $5.78 per share
• Price / Cash Flow: 13.09
• Book Value: $33.07 per share
• Price / Book: 2.29

Miscellaneous

• Outstanding Shares: 52,011,000
• Free Float: 51,283,000
• Market Cap: $3.94 billion
• Optionable: Optionable
• Beta: 1.55