News stories about Korn/Ferry International (NYSE:KFY) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Korn/Ferry International earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 45.7816588249713 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
Shares of Korn/Ferry International (NYSE:KFY) traded down $1.65 on Friday, hitting $42.19. The stock had a trading volume of 681,898 shares, compared to its average volume of 282,192. Korn/Ferry International has a 12-month low of $25.25 and a 12-month high of $44.08. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.13 and a current ratio of 2.13. The company has a market capitalization of $2,476.63, a PE ratio of 19.14 and a beta of 1.35.
Korn/Ferry International (NYSE:KFY) last issued its earnings results on Wednesday, September 6th. The business services provider reported $0.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.02. The business had revenue of $401.25 million during the quarter, compared to analyst estimates of $392.91 million. Korn/Ferry International had a return on equity of 12.03% and a net margin of 6.69%. Korn/Ferry International’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.52 earnings per share. equities analysts expect that Korn/Ferry International will post 2.45 earnings per share for the current year.
Several research firms have recently weighed in on KFY. ValuEngine downgraded shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research report on Friday. BidaskClub downgraded shares of Korn/Ferry International from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. Zacks Investment Research upgraded Korn/Ferry International from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research note on Wednesday, November 8th. Robert W. Baird reiterated a “hold” rating and set a $37.00 target price on shares of Korn/Ferry International in a research note on Friday, November 10th. Finally, Deutsche Bank lifted their target price on Korn/Ferry International from $34.00 to $40.00 and gave the stock a “hold” rating in a research note on Thursday, September 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. Korn/Ferry International presently has a consensus rating of “Buy” and an average price target of $41.80.
In other news, CEO Gary D. Burnison sold 50,000 shares of the stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $40.02, for a total transaction of $2,001,000.00. Following the completion of the sale, the chief executive officer now owns 198,700 shares of the company’s stock, valued at $7,951,974. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Robert P. Rozek sold 12,000 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $40.04, for a total value of $480,480.00. Following the sale, the chief financial officer now directly owns 93,522 shares of the company’s stock, valued at approximately $3,744,620.88. The disclosure for this sale can be found here. In the last ninety days, insiders sold 70,000 shares of company stock valued at $2,801,960. 1.01% of the stock is owned by insiders.
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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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