Press coverage about Korn/Ferry International (NYSE:KFY) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Korn/Ferry International earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 46.4191078210871 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Korn/Ferry International (NYSE:KFY) opened at 31.89 on Friday. The company has a market capitalization of $1.82 billion, a PE ratio of 21.75 and a beta of 1.40. Korn/Ferry International has a 52 week low of $19.94 and a 52 week high of $36.07. The stock has a 50 day moving average price of $33.65 and a 200-day moving average price of $32.15.
Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings data on Tuesday, June 20th. The business services provider reported $0.62 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.03. Korn/Ferry International had a return on equity of 12.14% and a net margin of 5.19%. The company had revenue of $419.60 million during the quarter, compared to the consensus estimate of $405.33 million. During the same period last year, the company earned $0.58 earnings per share. The firm’s revenue was up .6% compared to the same quarter last year. Equities research analysts expect that Korn/Ferry International will post $2.44 EPS for the current year.
A number of analysts have recently commented on KFY shares. Zacks Investment Research cut Korn/Ferry International from a “hold” rating to a “sell” rating in a research note on Thursday, June 22nd. BidaskClub cut Korn/Ferry International from a “hold” rating to a “sell” rating in a research note on Saturday, August 12th. Finally, Sidoti started coverage on Korn/Ferry International in a research note on Monday, June 12th. They issued a “buy” rating and a $43.00 price target for the company. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $33.67.
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In other news, CEO Byrne K. Mulrooney sold 16,000 shares of the firm’s stock in a transaction dated Wednesday, July 5th. The stock was sold at an average price of $34.61, for a total transaction of $553,760.00. Following the completion of the transaction, the chief executive officer now directly owns 104,712 shares in the company, valued at $3,624,082.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Robert P. Rozek sold 15,000 shares of Korn/Ferry International stock in a transaction that occurred on Wednesday, July 5th. The stock was sold at an average price of $34.59, for a total value of $518,850.00. Following the completion of the sale, the chief financial officer now owns 101,282 shares of the company’s stock, valued at $3,503,344.38. The disclosure for this sale can be found here. Insiders have sold 183,837 shares of company stock valued at $6,336,501 over the last 90 days. 1.19% of the stock is owned by corporate insiders.
About Korn/Ferry International
Korn/Ferry International (Korn Ferry) is a people and organizational advisory company. The Company and its subsidiaries are engaged in the provision of talent management solutions, including executive search on a retained basis, recruitment for non-executive professionals, recruitment process outsourcing, and leadership and talent consulting services.
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