Korn Ferry (NYSE: KFY) has reported E.P.S. of $1.26 for its fourth fiscal quarter (ending April 30) versus $0.91 for the same period a year ago — an increase of 38%. Relative to the consensus estimate of $1.13, this was a premium of $0.13. For the latest four quarters through April 30, E.P.S. were $3.25 compared to $3.98 a year ago — a decline of -18%.
Recent Price Action
Korn Ferry (NYSE: KFY) stock closed at $70.27 on 6/13/24 after a major increase of 10.8%. Moreover, trading volume in this advance was exceptionally high at 271% of normal. The stock has risen 8.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
KFY is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Korn Ferry has a current Value Trend Rating of B (Positive). 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 61 and a good Power Rating of 78, leading to the Positive Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and very positive price change we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
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