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.

Analysts Set New Price Targets

RHI has been the topic of several analyst reports. CL King lowered their target price on Robert Half International from $132.00 to $120.00 in a research note on Monday, July 25th. BMO Capital Markets cut Robert Half International from an "outperform" rating to a "market perform" rating and reduced their price target for the company from $125.00 to $80.00 in a report on Thursday, May 26th. Barclays reduced their price target on Robert Half International from $105.00 to $80.00 and set an "underweight" rating for the company in a report on Friday, July 22nd. StockNews.com cut Robert Half International from a "strong-buy" rating to a "buy" rating in a report on Saturday, May 28th. Finally, Bank of America cut Robert Half International from a "buy" rating to an "underperform" rating and reduced their price target for the company from $133.00 to $67.00 in a report on Thursday, June 23rd. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $87.71.

Robert Half International Stock Performance

RHI Stock traded up $1.16 during midday trading on Friday, hitting $82.32. 484,495 shares of the stock were exchanged, compared to its average volume of 885,705. The stock's 50-day moving average price is $79.45 and its 200-day moving average price is $98.48. The stock has a market cap of $9.02 billion, a price-to-earnings ratio of 13.36, a PEG ratio of 3.67 and a beta of 1.45. Robert Half International has a fifty-two week low of $73.10 and a fifty-two week high of $125.77.

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

Robert Half International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, August 25th will be issued a $0.43 dividend. The ex-dividend date is Wednesday, August 24th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.09%. Robert Half International's dividend payout ratio (DPR) is 27.92%.