For its first fiscal quarter (ending July 31), Korn Ferry (NYSE: KFY) has reported a 34% increase in E.P.S. from $0.89 a year ago to $1.19 in the current quarter. E.P.S. were $3.55 for the latest four quarters through July 31 versus $3.40 for the same period a year ago — an increase of 4%.
Recent Price Action
On 9/5/24, Korn Ferry (NYSE: KFY) stock declined by -4.7%, closing at $67.96. Moreover, trading volume in this decline was unusually high at 152% of normal. The stock has been strong relative to the market over the last nine months but has declined -5.4% 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 be above the cost of capital.
Korn Ferry has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Korn Ferry has a slightly negative Appreciation Score of 31 but a good Power Rating of 81, 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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