Korn/Ferry International (NYSE:KFY) Given Price Target Of $31.5


As per Korn/Ferry International (NYSE:KFY)’s news release on 2016-06-16, its shareholders will get cash dividend of $0.1 per share. The recent press release updated on the record date and payout date, which stands at 2016-06-27 and 2016-07-15, respectively.

The stock will commence trading ex-dividend from 2016-06-23, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Korn/Ferry International (NYSE:KFY) disbursed $0.1 in dividend compared to distribution of $0.1, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 300%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated Korn/Ferry International (NYSE:KFY) to attain a price target of $31.5. It is an average estimate figure given by 4 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $40. The low price range is set at $25 for next year while the arithmetic mean is seen at 2.2.

Eyeing Earnings Korn/Ferry International (NYSE:KFY) is likely to post quarterly numbers around 2016-09-13 for the quarter ending 2016-07-31. The quarterly EPS projection is set at $0.53 for the period ending on 2016-07-31.

In last quarter ended 2016-04-30, Korn/Ferry International (NYSE:KFY) earnings came at $0.58 suggesting a deviation of $0.04. The brokerages targeted EPS of $0.54 for the quarter.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 18 times, 1 visits today)