UBS initiated coverage on Korn/Ferry with a new price target
$KFY
Diversified Commercial Services
Consumer Discretionary
UBS initiated coverage of Korn/Ferry with a rating of Neutral and set a new price target of $53.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/29/2024 | Mkt Perform → Outperform | William Blair | |
| 9/15/2023 | $53.00 | Neutral | UBS |
| 11/25/2022 | Outperform → Mkt Perform | William Blair | |
| 6/23/2021 | $57.00 → $65.00 | Neutral | Credit Suisse |
| 6/23/2021 | $78.00 → $89.00 | Outperform | Baird |
3 - KORN FERRY (0000056679) (Issuer)
4 - KORN FERRY (0000056679) (Issuer)
4 - KORN FERRY (0000056679) (Issuer)
8-K - KORN FERRY (0000056679) (Filer)
S-8 - KORN FERRY (0000056679) (Filer)
10-Q - KORN FERRY (0000056679) (Filer)
Highlights Fee revenue in Q2 FY'25 was $674.4 million, a year-over-year decrease of 4%, flat on a sequential quarter basis. Completed our sixth consecutive quarter of improved profitability: Operating income was $87.5 million and Adjusted EBITDA was $117.0 million. Operating margin increased 980bps year-over-year to 13.0%. Adjusted EBITDA margin was 17.4%, a 340bps increase compared to the year-ago quarter. Net income attributable to Korn Ferry was $60.8 million, while diluted and adjusted diluted earnings per share were $1.14 and $1.21 in Q2 FY'25, respectively. The Company repurchased 456,250 shares of stock during the quarter for $32.6 million. Declared a quarterly
Highlights Korn Ferry reports Q1 FY'25 fee revenue of $674.9 million, a year-over-year decrease of 3% (down 2% on a constant currency basis). Executive Search fee revenue grew 2% year-over-year (up 3% at constant currency). Fee revenue for Consulting and Digital was flat year-over-year (up 1% and 2%, respectively, at constant currency), continuing to demonstrate stability in a challenging market. Net income attributable to Korn Ferry was $62.6 million, while diluted and adjusted diluted earnings per share were $1.17 and $1.18 in Q1 FY'25, respectively. Operating income was $76.1 million and Adjusted EBITDA was $111.2 million. Operating margin increased 320bps year-over-y
Fourth Quarter and Full Year Highlights Korn Ferry reports Q4 FY'24 fee revenue of $690.8 million, a year-over-year decrease of 5% in both actual and constant currency and full year FY'24 fee revenue of $2,762.7 million, a year-over-year decrease of 3% in both actual and constant currency. Our full year FY'24 Marquee and Regional Account fee revenue generated slightly more than 37% of our consolidated fee revenue and grew 3% year-over-year at actual, and 2% at constant currency. Net income attributable to Korn Ferry for the fourth quarter and full year of FY'24 was $65.2 million and $169.2 million, respectively, while diluted and adjusted diluted earnings per share were $1.24 and $
Korn Ferry (NYSE:KFY), a global organizational consulting firm, today announced that it has appointed Jeanne MacDonald as Chief Executive Officer, Recruitment Process Outsourcing (RPO) and Mathias Herzog will assume leadership of the firm's Digital Solution. "Jeanne and Mathias are proven executives, and we are thrilled to have people of their caliber lead these offerings," said Gary D. Burnison, CEO, Korn Ferry. "Jeanne is the natural choice to lead RPO after years of overseeing Global RPO Solutions and playing a fundamental role in the business's commercial and financial success. Mathias brings in-depth consulting and technology expertise that will help further the digitization of our o
Korn Ferry (NYSE:KFY) today announced the election of a new member to its Board of Directors, in addition to the appointment of a new Non-Executive Chair. Charles Harrington joins as a Board Director. Christina Gold, who has served on the firm's Board since 2014, and most recently as the Non-Executive Chair since 2019, retires from the Board. Current Board member Jerry Leamon succeeds Ms. Gold as Non-Executive Chair as part of a planned succession. George Shaheen retires from the Board after more than 12 years of total service, including as Non-Executive Chair from 2012 to 2019. Harrington brings to Korn Ferry's Board extensive experience in strategy development and execution, tra
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SC 13G/A - KORN FERRY (0000056679) (Subject)
Highlights Fee revenue in Q2 FY'25 was $674.4 million, a year-over-year decrease of 4%, flat on a sequential quarter basis. Completed our sixth consecutive quarter of improved profitability: Operating income was $87.5 million and Adjusted EBITDA was $117.0 million. Operating margin increased 980bps year-over-year to 13.0%. Adjusted EBITDA margin was 17.4%, a 340bps increase compared to the year-ago quarter. Net income attributable to Korn Ferry was $60.8 million, while diluted and adjusted diluted earnings per share were $1.14 and $1.21 in Q2 FY'25, respectively. The Company repurchased 456,250 shares of stock during the quarter for $32.6 million. Declared a quarterly
Korn Ferry (NYSE:KFY) today announced that the firm will release financial results for the second quarter of fiscal year 2025 (ended October 31, 2024) on Thursday, December 5, 2024. A press release will be issued before the market opens on Thursday, December 5, 2024 followed by a live webcast at 12:00 pm EST. What: Korn Ferry to Report Q2 FY2025 Earnings Investor Live Webcast When: 12:00 pm EST on Thursday, December 5, 2024 Where: Live audio webcast and accompanying slides will be available at the following site: https://ir.kornferry.com/events-and-presentations About Korn Ferry Korn Ferry is a global organizational consulting firm. We work with our clients to design optimal org
Korn Ferry (NYSE:KFY), a global organizational consulting firm, today announced that it has closed its acquisition of UK-based Trilogy International. Headquartered in London, Trilogy is a leading provider of digital interim talent across EMEA and in the United States. Through the combination with Trilogy, Korn Ferry's Professional Search & Interim business will extend its ability to scale its solutions at the intersection of talent, transformation and strategy. "We're pleased to have Trilogy join Korn Ferry. Trilogy operates at the forefront of change, in a large addressable market. The company's highly relevant digital interim professional offerings, combined with a broad EMEA footprint
William Blair upgraded Korn/Ferry from Mkt Perform to Outperform
UBS initiated coverage of Korn/Ferry with a rating of Neutral and set a new price target of $53.00
William Blair downgraded Korn/Ferry from Outperform to Mkt Perform