Media headlines about Robert Half International (NYSE:RHI) have been trending somewhat negative on Monday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Robert Half International earned a daily sentiment score of -0.09 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 58 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the company’s share price in the near term.
Several analysts have weighed in on RHI shares. Zacks Investment Research cut shares of Robert Half International from a “hold” rating to a “sell” rating in a research note on Tuesday, March 28th. BMO Capital Markets reiterated a “hold” rating and issued a $45.00 price objective on shares of Robert Half International in a research note on Friday, April 21st. Finally, ValuEngine cut shares of Robert Half International from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. Robert Half International presently has an average rating of “Hold” and a consensus target price of $46.44.
Shares of Robert Half International (NYSE RHI) traded down 0.79% during midday trading on Monday, hitting $48.78. 65,727 shares of the stock were exchanged. Robert Half International has a 52-week low of $34.42 and a 52-week high of $50.98. The firm’s 50 day moving average price is $47.05 and its 200-day moving average price is $47.65. The stock has a market cap of $6.12 billion, a P/E ratio of 18.40 and a beta of 1.24.
Robert Half International (NYSE:RHI) last issued its quarterly earnings data on Thursday, April 20th. The business services provider reported $0.62 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.04. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Robert Half International had a return on equity of 31.26% and a net margin of 6.47%. The company’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.64 EPS. On average, equities research analysts expect that Robert Half International will post $2.66 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Thursday, May 25th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend was Tuesday, May 23rd. Robert Half International’s payout ratio is 36.23%.
In other news, insider Robert W. Glass sold 22,237 shares of the stock in a transaction on Wednesday, April 26th. The stock was sold at an average price of $47.35, for a total transaction of $1,052,921.95. Following the transaction, the insider now owns 326,428 shares of the company’s stock, valued at approximately $15,456,365.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.40% of the stock is currently owned by corporate insiders.
Robert Half International Company Profile
Robert Half International Inc provides specialized staffing and risk consulting services. The Company provides these services through its divisions, including Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti.
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