Korn Ferry: Consulting Growth Encouraging, But Executive Search Performance Needs To Rebound

Jun. 21, 2024 7:48 AM ETKorn Ferry (KFY) StockKFY
Discount Fountain
4.55K Followers

Summary

  • While Korn Ferry has seen growth in fee revenue across the Consulting segment, that of the Executive Search segment has continued to see a decline.
  • In my view, labour market demand needs to see a rebound for Executive Search engagement billings to grow from here.
  • I rate Korn Ferry as a Hold at this time.
Office Manager Showing Documents On Digital Tablet To Colleague

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Investment Thesis: I rate Korn Ferry as a Hold at this time.

Korn Ferry (NYSE:KFY) is a global organizational consulting firm that serves clients in over 50 countries.

The stock has seen substantial growth recently - up by over 35% over the course

This article was written by

4.55K Followers
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