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 Trading Up 1.4 %

Shares of RHI traded up $1.11 during mid-day trading on Friday, hitting $81.16. The company's stock had a trading volume of 723,887 shares, compared to its average volume of 903,096. Robert Half International has a 52-week low of $73.10 and a 52-week high of $125.77. The company's 50-day moving average is $79.60 and its 200-day moving average is $98.84. The firm has a market capitalization of $8.89 billion, a price-to-earnings ratio of 13.18, a PEG ratio of 3.57 and a beta of 1.45.

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

Robert Half International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, August 25th will be given a dividend of $0.43 per share. The ex-dividend date is Wednesday, August 24th. This represents a $1.72 annualized dividend and a dividend yield of 2.12%. Robert Half International's dividend payout ratio is presently 27.92%.

Wall Street Analyst Weigh In

RHI has been the subject of a number of research analyst reports. Truist Financial cut Robert Half International from a "hold" rating to a "sell" rating and set a $66.00 price target for the company. in a research report on Friday, July 15th. Credit Suisse Group decreased their price target on Robert Half International to $68.00 in a report on Friday, July 22nd. StockNews.com lowered Robert Half International from a "strong-buy" rating to a "buy" rating in a research report on Saturday, May 28th. Bank of America lowered Robert Half International from a "buy" rating to an "underperform" rating and dropped their target price for the stock from $133.00 to $67.00 in a research report on Thursday, June 23rd. Finally, Barclays decreased their price target on Robert Half International from $105.00 to $80.00 and set an "underweight" rating for the company in a research note on Friday, July 22nd. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $87.71.