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home / news releases / KFY - Korn Ferry: No Longer Positive On Growth Recovery In FY25

KFY - Korn Ferry: No Longer Positive On Growth Recovery In FY25

Korn Ferry

2024-06-14 10:16:39 ET

Summary

  • I continued to recommend a hold rating for Korn Ferry due to poor hiring demand and unlikely Fed rate cuts in 2024.
  • FY24 results are in line with my estimates, but the growth outlook is weakened by macro conditions.
  • I have revised margin estimates upwards, but toned down valuation expectations for FY25.

Investment action

For further details see:

Korn Ferry: No Longer Positive On Growth Recovery In FY25
Stock Information
Company Name: Korn Ferry
Stock Symbol: KFY
Market: NYSE
Website: kornferry.com
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