FY2025 EPS Estimates for Korn Ferry Lifted by William Blair

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

Korn Ferry Price Performance

NYSE KFY opened at $77.95 on Wednesday. The company has a 50-day moving average price of $71.95 and a 200-day moving average price of $68.69. Korn Ferry has a 52 week low of $47.28 and a 52 week high of $79.54. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $4.05 billion, a P/E ratio of 22.27 and a beta of 1.55.

Korn Ferry (NYSE:KFY) last issued its quarterly earnings data 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. Korn Ferry had a return on equity of 13.73% and a net margin of 6.68%. The company had revenue of $682.80 million during the quarter, compared to analyst estimates of $663.84 million. During the same quarter in the previous year, the company posted $0.99 earnings per share. Korn Ferry’s revenue was down 3.3% compared to the same quarter last year.

Korn Ferry Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Thursday, September 19th were issued a dividend of $0.37 per share. The ex-dividend date was Thursday, September 19th. This represents a $1.48 dividend on an annualized basis and a yield of 1.90%. Korn Ferry’s dividend payout ratio is currently 42.29%.

Insiders Place Their Bets

In other news, Director Debra J. Perry sold 5,280 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $73.30, for a total transaction of $387,024.00. Following the completion of the sale, the director now owns 46,180 shares of the company’s stock, valued at $3,384,994. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Korn Ferry news, CEO Gary D. Burnison sold 16,274 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $74.05, for a total transaction of $1,205,089.70. Following the sale, the chief executive officer now owns 356,844 shares in the company, valued at approximately $26,424,298.20. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Debra J. Perry sold 5,280 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $73.30, for a total transaction of $387,024.00. Following the completion of the transaction, the director now owns 46,180 shares of the company’s stock, valued at approximately $3,384,994. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 86,201 shares of company stock worth $6,329,320. Company insiders own 1.40% of the company’s stock.

Institutional Trading of Korn Ferry

Several institutional investors and hedge funds have recently modified their holdings of KFY. Quest Partners LLC boosted its holdings in Korn Ferry by 79.8% in the 3rd quarter. Quest Partners LLC now owns 17,479 shares of the business services provider’s stock worth $1,315,000 after buying an additional 7,758 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of Korn Ferry by 7.0% in the third quarter. Thrivent Financial for Lutherans now owns 949,378 shares of the business services provider’s stock worth $71,431,000 after acquiring an additional 62,385 shares during the period. Seizert Capital Partners LLC grew its position in shares of Korn Ferry by 21.9% during the third quarter. Seizert Capital Partners LLC now owns 72,496 shares of the business services provider’s stock worth $5,455,000 after purchasing an additional 13,017 shares in the last quarter. Natixis Advisors LLC raised its stake in Korn Ferry by 2.3% during the 3rd quarter. Natixis Advisors LLC now owns 43,423 shares of the business services provider’s stock valued at $3,267,000 after purchasing an additional 986 shares during the period. Finally, Empowered Funds LLC purchased a new position in Korn Ferry in the 3rd quarter worth approximately $1,214,000. 98.82% of the stock is currently owned by institutional investors.

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.