Korn Ferry (NYSE: KFY) has reported a loss for its second fiscal quarter (ending October 31) of $-0.04 versus $1.39 for the same period a year ago — a decline of -103%. For the latest four quarters through October 31, E.P.S. were $1.98 compared to $6.11 a year ago — a decline of -68%.
Recent Price Action
Korn Ferry (NYSE: KFY) stock declined by -3.1% on 12/6/23. The shares closed at $51.70. Moreover, trading volume in this decline was exceptionally high at 266% of normal. The stock has performed in line with the market over the last nine months and has risen 1.4% during the last week.
Current PriceTarget Research Rating
KFY is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Korn Ferry has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Korn Ferry has a slightly positive Appreciation Score of 66 and a neutral Power Rating of 45, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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