The stock of Robert Half International Inc. (NYSE:RHI) last traded at $76.09, down -0.17% from the previous session.
Data from the available sources indicates that Robert Half International Inc. (NYSE:RHI) is covered by 15 analysts. The consensus rating among analysts is ‘Underweight’. As we calculate the median target price by taking the range between a high of $105.00 and a low of $55.00, we find $70.00. Given the previous closing price of $76.22, this indicates a potential downside of -8.16 percent. RHI stock price is now 1.07% away from the 50-day moving average and -8.80% away from the 200-day moving average. The market capitalization of the company currently stands at $8.04B.
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In total, 4 analysts have assigned it a hold rating, and 1 have given it a buy rating. Brokers who have rated the stock have averaged $72.73 as their price target over the next twelve months.
With the price target of $70, Exane BNP Paribas recently initiated with Underperform rating for Robert Half International Inc. (NYSE: RHI). , while ‘JP Morgan’ rates the stock as ‘Neutral’.
In other news, GLASS ROBERT W, Executive Vice President sold 15,000 shares of the company’s stock on Nov 11. The stock was sold for $1,212,584 at an average price of $80.84. Upon completion of the transaction, the Executive Vice President now directly owns 232,349 shares in the company, valued at $17.68 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 25, Executive Vice President GLASS ROBERT W sold 10,000 shares of the business’s stock. A total of $803,514 was realized by selling the stock at an average price of $80.35. This leaves the insider owning 247,349 shares of the company worth $18.82 million. Insiders disposed of 520,314 shares of company stock worth roughly $39.59 million over the past 1 year. A total of 0.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in RHI stock. A new stake in Robert Half International Inc. shares was purchased by JB CAPITAL LLC during the first quarter worth $4,850,000. SCIENCAST MANAGEMENT LP invested $3,186,000 in shares of RHI during the first quarter. In the first quarter, AMALGAMATED FINANCIAL CORP. acquired a new stake in Robert Half International Inc. valued at approximately $3,154,000. CLARK ESTATES INC/NY acquired a new stake in RHI for approximately $3,013,000. TREDJE AP-FONDEN purchased a new stake in RHI valued at around $2,263,000 in the second quarter. In total, there are 914 active investors with 98.20% ownership of the company’s stock.
With an opening price of $76.44 on Thursday morning, Robert Half International Inc. (NYSE: RHI) set off the trading day. During the past 12 months, Robert Half International Inc. has had a low of $65.40 and a high of $125.77. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 1.80, and a quick ratio of 1.80. The fifty day moving average price for RHI is $75.28 and a two-hundred day moving average price translates $83.23 for the stock.
The latest earnings results from Robert Half International Inc. (NYSE: RHI) was released for Sep, 2022. According to the Staffing & Employment Services Company, earnings per share came in at $1.53, missing analysts’ expectations of $1.63 by -0.1. This compares to $1.53 EPS in the same period last year. The net profit margin was 9.30% and return on equity was 46.80% for RHI. The company reported revenue of $1.83 billion for the quarter, compared to $1.71 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.06 percent. For the current quarter, analysts expect RHI to generate $1.74B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/15/2022. Investors who held shares on 11/25/2022 were paid a $0.43 dividend. On an annualized basis, this represents a $1.72 dividend and a 2.26% percent yield. There was an ex-dividend date of 11/23/2022 for this dividend. In terms of dividend payout ratio, RHI is presently at 26.80%.
Robert Half International Inc.(RHI) Company Profile
Robert Half International Inc. provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. It places temporary services for accounting, finance, and bookkeeping; temporary and full-time office and administrative personnel consisting of executive and administrative assistants, receptionists, and customer service representatives; full-time accounting, financial, tax, and accounting operations personnel; and information technology contract professionals and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking and cloud, systems integration and deployment, database design and administration, and security and business continuity. The company also offers temporary and full-time employees in attorney, paralegal, legal administrative, and legal secretarial positions; and senior-level project professionals in the accounting and finance fields for financial systems conversions, expansion into new markets, business process re-engineering, business systems performance improvement, and post-merger financial consolidation. It is involved in serving professionals in the areas of creative, design, marketing, advertising, and public relations; and placing various positions, such as creative directors, graphics designers, web designers, media buyers, front end developers, copywriters, digital marketing managers, marketing analytics specialists, brand managers, and public relations specialists. The company provides internal audit, technology consulting, risk and compliance consulting, and business performance services. It serves clients and employment candidates. Robert Half International Inc. was founded in 1948 and is headquartered in Menlo Park, California.
