Robert Half International - RHI Stock Forecast, Price & News

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.

Robert Half International Stock Down 0.2 %

Robert Half International stock traded down $0.15 during mid-day trading on Friday, reaching $78.86. The company had a trading volume of 918,905 shares, compared to its average volume of 868,768. Robert Half International has a 52 week low of $73.10 and a 52 week high of $125.77. The company has a 50 day moving average of $80.38 and a 200-day moving average of $99.54. The firm has a market cap of $8.64 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 3.51 and a beta of 1.45.

Robert Half International (NYSE:RHI - Get Rating) last issued its quarterly earnings results on Thursday, July 21st. The business services provider reported $1.60 earnings per share for the quarter, beating analysts' consensus estimates of $1.59 by $0.01. Robert Half International had a net margin of 9.54% and a return on equity of 48.63%. The firm had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.90 billion. During the same period in the prior year, the firm earned $1.33 EPS. On average, analysts predict that Robert Half International will post 6.33 earnings per share for the current fiscal year.

Robert Half International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, August 25th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Wednesday, August 24th. Robert Half International's payout ratio is 27.92%.

Wall Street Analyst Weigh In

RHI has been the topic of several analyst reports. Credit Suisse Group dropped their price target on shares of Robert Half International to $68.00 in a research note on Friday, July 22nd. Truist Financial lowered shares of Robert Half International from a "hold" rating to a "sell" rating and set a $66.00 target price on the stock. in a research note on Friday, July 15th. Barclays lowered their target price on shares of Robert Half International from $105.00 to $80.00 and set an "underweight" rating on the stock in a research note on Friday, July 22nd. StockNews.com lowered shares of Robert Half International from a "strong-buy" rating to a "buy" rating in a research note on Saturday, May 28th. Finally, BMO Capital Markets lowered shares of Robert Half International from an "outperform" rating to a "market perform" rating and lowered their target price for the company from $125.00 to $80.00 in a research note on Thursday, May 26th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $87.71.

Insider Transactions at Robert Half International

In other news, CEO Paul F. Gentzkow sold 50,000 shares of the firm's stock in a transaction dated Thursday, May 12th. The shares were sold at an average price of $92.87, for a total transaction of $4,643,500.00. Following the completion of the transaction, the chief executive officer now directly owns 275,751 shares of the company's stock, valued at approximately $25,608,995.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.80% of the stock is owned by insiders.