Shares of Robert Half International Inc. (NYSE:RHI) have been given a consensus rating of “Hold” by the twelve brokerages that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $65.10.
Several analysts have issued reports on the company. Robert W. Baird upped their price objective on Robert Half International from $68.00 to $75.00 and gave the company an “outperform” rating in a research note on Wednesday, July 25th. Barclays upped their price objective on Robert Half International from $66.00 to $72.00 and gave the company a “$68.51” rating in a research note on Wednesday, July 18th. Zacks Investment Research lowered Robert Half International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 26th. BMO Capital Markets upped their price objective on Robert Half International from $68.00 to $75.00 and gave the company a “market perform” rating in a research note on Wednesday, July 25th. Finally, SunTrust Banks restated a “hold” rating and issued a $76.00 price objective on shares of Robert Half International in a research note on Wednesday, July 25th.
In other news, EVP Robert W. Glass sold 40,000 shares of the stock in a transaction that occurred on Wednesday, August 15th. The stock was sold at an average price of $77.50, for a total transaction of $3,100,000.00. Following the transaction, the executive vice president now owns 271,364 shares in the company, valued at $21,030,710. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.00% of the stock is currently owned by company insiders.
NYSE:RHI traded down $0.84 on Friday, hitting $71.70. The company’s stock had a trading volume of 1,270,214 shares, compared to its average volume of 1,158,145. The firm has a market capitalization of $8.86 billion, a price-to-earnings ratio of 27.58 and a beta of 1.18. Robert Half International has a one year low of $44.72 and a one year high of $79.91.
Robert Half International (NYSE:RHI) last released its quarterly earnings data on Tuesday, July 24th. The business services provider reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.04. The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.43 billion. Robert Half International had a return on equity of 33.44% and a net margin of 6.11%. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.64 earnings per share. equities research analysts forecast that Robert Half International will post 3.45 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 14th. Stockholders of record on Friday, August 24th were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Thursday, August 23rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.56%. Robert Half International’s dividend payout ratio (DPR) is currently 43.08%.
About Robert Half International
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 personnel 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 consultants and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking, systems integration and deployment, database design and administration, and security and business continuity.
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