Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $28.28 on Korn/Ferry International (NYSE:KFY) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.32 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Korn/Ferry International (NYSE:KFY) stands at 41.69.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Korn/Ferry International Common, the PEG ratio for coming 3-5 years is 0.87.
The technical analysis highlights that Korn/Ferry International Common current is trading $1.27 points away or +5.57% from its 50-day moving average of $22.87. Further it is trading $-2.24 or -8.48% away its 200-day moving average of $26.38.
The 52-week high of Korn/Ferry International (NYSE:KFY) was $38.93 while lowest point recorded in 52-week was $18.57. It implies if stock price makes a movement of over $-14.79, it will record a new 52-week high. In the case of +29.99% drop, it will touch a new 52-week low.
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