Press coverage about Korn/Ferry International (NYSE:KFY) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Korn/Ferry International earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 46.1905914371687 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- U.S. Supreme Court declines to review computer hacking cases (finance.yahoo.com)
- Brokerages Anticipate Korn/Ferry International (KFY) Will Post Quarterly Sales of $421.10 Million (americanbankingnews.com)
- Zacks: Brokerages Anticipate Korn/Ferry International (KFY) Will Post Earnings of $0.64 Per Share (americanbankingnews.com)
- Carlos Martins Joins Korn Ferry as President of Hay Group, South America (finance.yahoo.com)
- Robert Wilkes Joins Korn Ferry as Senior Client Partner (finance.yahoo.com)
Shares of Korn/Ferry International (NYSE KFY) opened at 40.15 on Wednesday. The firm has a market cap of $2.27 billion, a P/E ratio of 20.99 and a beta of 1.41. Korn/Ferry International has a 12-month low of $19.94 and a 12-month high of $40.64. The stock’s 50 day moving average price is $36.49 and its 200-day moving average price is $33.73.
Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings results on Wednesday, September 6th. The business services provider reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.02. The company had revenue of $401.25 million during the quarter, compared to the consensus estimate of $392.91 million. Korn/Ferry International had a return on equity of 12.03% and a net margin of 6.69%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.52 EPS. On average, analysts predict that Korn/Ferry International will post $2.45 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Wednesday, September 27th will be paid a dividend of $0.10 per share. The ex-dividend date is Tuesday, September 26th. This represents a $0.40 annualized dividend and a dividend yield of 1.00%. Korn/Ferry International’s payout ratio is 20.83%.
A number of equities analysts have commented on KFY shares. Deutsche Bank AG lifted their price objective on shares of Korn/Ferry International from $34.00 to $40.00 and gave the stock a “hold” rating in a research report on Thursday, September 7th. SunTrust Banks, Inc. lifted their target price on Korn/Ferry International from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, September 7th. Finally, BidaskClub downgraded Korn/Ferry International from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $41.67.
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In other news, Director Jerry Leamon sold 8,000 shares of the stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $40.06, for a total transaction of $320,480.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Robert P. Rozek sold 12,000 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $40.04, for a total value of $480,480.00. Following the transaction, the chief financial officer now 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. Insiders have sold a total of 70,000 shares of company stock valued at $2,801,960 in the last quarter. 1.01% 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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