BMO Capital Markets reaffirmed their hold rating on shares of Robert Half International Inc. (NYSE:RHI) in a research report released on Tuesday, July 11th. They currently have a $45.00 target price on the business services provider’s stock.
A number of other brokerages have also recently weighed in on RHI. Zacks Investment Research cut Robert Half International from a hold rating to a sell rating in a report on Wednesday, June 21st. ValuEngine lowered Robert Half International from a buy rating to a hold rating in a research report on Thursday, June 1st. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. Robert Half International presently has a consensus rating of Hold and a consensus price target of $47.25.
Robert Half International (NYSE RHI) traded down 0.02% during trading on Tuesday, reaching $43.41. 493,233 shares of the company’s stock were exchanged. The firm has a market cap of $5.41 billion, a price-to-earnings ratio of 16.83 and a beta of 1.23. Robert Half International has a 12 month low of $34.42 and a 12 month high of $50.98. The firm’s 50-day moving average price is $46.94 and its 200-day moving average price is $47.22.
Robert Half International (NYSE:RHI) last announced its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.64 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.66 by $0.02. The firm had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Robert Half International had a net margin of 6.29% and a return on equity of 29.97%. The business’s quarterly revenue was down 2.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.71 earnings per share. On average, equities research analysts anticipate that Robert Half International will post $2.62 EPS for the current year.
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The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $0.96 dividend on an annualized basis and a yield of 2.21%. Robert Half International’s dividend payout ratio (DPR) is presently 37.21%.
Several large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its position in Robert Half International by 28.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 632,930 shares of the business services provider’s stock valued at $30,875,000 after buying an additional 139,908 shares during the last quarter. Janus Capital Management LLC boosted its stake in shares of Robert Half International by 3.0% in the fourth quarter. Janus Capital Management LLC now owns 19,565 shares of the business services provider’s stock valued at $954,000 after buying an additional 565 shares during the period. Thrivent Financial for Lutherans bought a new stake in shares of Robert Half International during the fourth quarter valued at about $218,000. Numeric Investors LLC boosted its stake in Robert Half International by 112.4% in the fourth quarter. Numeric Investors LLC now owns 20,600 shares of the business services provider’s stock worth $1,005,000 after buying an additional 10,900 shares during the last quarter. Finally, Norges Bank acquired a new stake in Robert Half International during the fourth quarter worth $72,161,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.
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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