5 Best Staffing Company Stocks To Buy Now

In this article, we will discuss the 5 best staffing company stocks to buy now. If you want to explore similar stocks, you can read 10 Best Staffing Company Stocks To Buy Now.

5. Korn Ferry (NYSE:KFY)

Number of Hedge Fund Holders: 21

Korn Ferry (NYSE:KFY) has a long history of success in the executive search industry and is well-positioned to capitalize on continued growth in the sector. The company has a strong brand and a global presence. The stock is trading at an attractive valuation and is ranked high among the best staffing stocks to buy now. As of October 26, Korn Ferry (NYSE:KFY) is trading at a PE multiple of 8x and is offering a forward dividend yield of 1.15%.

On September 7, Korn Ferry (NYSE:KFY) announced earnings for the fiscal first quarter of 2023. The company reported earnings per share of $1.50 and generated a revenue of $695.90 million, up 18.88% year over year. On September 8, Baird analyst Mark Marcon revised his price target on Korn Ferry (NYSE:KFY) to $64 from $72 and reiterated an Outperform rating on the shares.

At the close of Q2 2022, 21 hedge funds were eager on Korn Ferry (NYSE:KFY) and held stakes worth $210.5 million in the company. Of those, Ariel Investments was the top shareholder in the company and disclosed stakes of $50 million.