FY2025 EPS Estimates for Korn Ferry Lifted by William Blair

Korn Ferry (NYSE:KFY) – William Blair boosted their FY2025 EPS estimates for shares of Korn Ferry in a research report issued on Monday, November 4th. William Blair analyst T. Romeo now forecasts that the business services provider will post earnings per share of $4.81 for the year, up from their previous estimate of $4.79. The consensus estimate for Korn Ferry’s current full-year earnings is $4.83 per share.

Korn Ferry (NYSE:KFY) last released its earnings results on Thursday, September 5th. The business services provider reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.06. The business had revenue of $682.80 million during the quarter, compared to the consensus estimate of $663.84 million. Korn Ferry had a return on equity of 13.73% and a net margin of 6.68%. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period last year, the company earned $0.99 earnings per share.

Korn Ferry Price Performance

Shares of KFY stock opened at $79.37 on Wednesday. The company has a market capitalization of $4.13 billion, a P/E ratio of 22.68 and a beta of 1.55. The company’s 50-day simple moving average is $71.69 and its two-hundred day simple moving average is $68.55. Korn Ferry has a one year low of $47.28 and a one year high of $79.54. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.15 and a quick ratio of 2.15.

Hedge Funds Weigh In On Korn Ferry

Several institutional investors and hedge funds have recently added to or reduced their stakes in KFY. Arizona State Retirement System increased its position in shares of Korn Ferry by 1.2% during the second quarter. Arizona State Retirement System now owns 14,608 shares of the business services provider’s stock worth $981,000 after purchasing an additional 168 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Korn Ferry by 112.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 388 shares of the business services provider’s stock valued at $29,000 after buying an additional 205 shares in the last quarter. SummerHaven Investment Management LLC boosted its holdings in Korn Ferry by 1.6% in the second quarter. SummerHaven Investment Management LLC now owns 14,320 shares of the business services provider’s stock worth $961,000 after acquiring an additional 229 shares in the last quarter. Azzad Asset Management Inc. ADV boosted its holdings in Korn Ferry by 1.5% in the third quarter. Azzad Asset Management Inc. ADV now owns 15,210 shares of the business services provider’s stock worth $1,144,000 after acquiring an additional 231 shares in the last quarter. Finally, Simplicity Wealth LLC boosted its holdings in Korn Ferry by 4.8% in the third quarter. Simplicity Wealth LLC now owns 6,146 shares of the business services provider’s stock worth $462,000 after acquiring an additional 283 shares in the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Insider Buying and Selling at Korn Ferry

In other news, CFO Robert P. Rozek sold 20,921 shares of the stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $75.53, for a total transaction of $1,580,163.13. Following the transaction, the chief financial officer now owns 154,535 shares of the company’s stock, valued at approximately $11,672,028.55. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Robert P. Rozek sold 20,921 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $75.53, for a total value of $1,580,163.13. Following the completion of the sale, the chief financial officer now owns 154,535 shares of the company’s stock, valued at approximately $11,672,028.55. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Distefano sold 5,000 shares of Korn Ferry stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $72.36, for a total transaction of $361,800.00. Following the transaction, the insider now directly owns 50,954 shares in the company, valued at approximately $3,687,031.44. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 86,201 shares of company stock valued at $6,329,320 in the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Korn Ferry Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Thursday, September 19th were paid a $0.37 dividend. The ex-dividend date was Thursday, September 19th. This represents a $1.48 annualized dividend and a yield of 1.86%. Korn Ferry’s dividend payout ratio (DPR) is currently 42.29%.

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.