Robert Half International Inc. (NYSE:RHI) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, October 19th. Analysts expect the company to announce earnings of $0.71 per share for the quarter. Robert Half International has set its Q3 guidance at $0.68-0.74 EPS.
Robert Half International (NYSE:RHI) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $0.71 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.73 by $0.02. The business earned $1.34 billion during the quarter, compared to the consensus estimate of $1.36 billion. Robert Half International had a return on equity of 35.42% and a net margin of 6.94%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.67 earnings per share. On average, analysts expect Robert Half International to post $2.75 EPS for the current fiscal year and $2.96 EPS for the next fiscal year.
Robert Half International Inc. (NYSE:RHI) opened at 38.00 on Tuesday. Robert Half International Inc. has a 12 month low of $34.34 and a 12 month high of $54.01. The company has a market capitalization of $4.89 billion, a P/E ratio of 13.61 and a beta of 1.26. The firm has a 50-day moving average price of $37.85 and a 200 day moving average price of $39.37.
A number of research analysts have issued reports on the company. Zacks Investment Research cut Robert Half International from a “hold” rating to a “sell” rating in a research note on Monday. Royal Bank Of Canada decreased their target price on Robert Half International from $48.00 to $42.00 and set an “outperform” rating for the company in a research note on Wednesday, July 27th. Credit Suisse Group AG reissued a “hold” rating on shares of Robert Half International in a research note on Monday, June 27th. Bank of America Corp. cut Robert Half International from a “buy” rating to a “neutral” rating and set a $44.00 target price for the company. in a research note on Wednesday, July 13th. Finally, RBC Capital Markets set a $42.00 price objective on Robert Half International and gave the stock a “buy” rating in a research report on Wednesday, July 27th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company’s stock. Robert Half International has a consensus rating of “Hold” and an average target price of $45.53.
In other Robert Half International news, insider Robert W. Glass sold 30,061 shares of the company’s stock in a transaction that occurred on Wednesday, August 10th. The stock was sold at an average price of $36.93, for a total value of $1,110,152.73. Following the sale, the insider now owns 340,972 shares in the company, valued at $12,592,095.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.40% of the stock is owned by company insiders.
Hedge funds have recently added to or reduced their stakes in the stock. Tredje AP fonden raised its stake in Robert Half International by 756.0% in the second quarter. Tredje AP fonden now owns 4,280 shares of the company’s stock valued at $163,000 after buying an additional 3,780 shares in the last quarter. Jane Street Group LLC acquired a new stake in Robert Half International during the second quarter valued at about $204,000. Wetherby Asset Management Inc. acquired a new stake in Robert Half International during the second quarter valued at about $220,000. Mackenzie Financial Corp raised its stake in Robert Half International by 10.8% in the second quarter. Mackenzie Financial Corp now owns 8,662 shares of the company’s stock valued at $331,000 after buying an additional 845 shares in the last quarter. Finally, Accuvest Global Advisors acquired a new stake in Robert Half International during the second quarter valued at about $355,000. Hedge funds and other institutional investors own 85.08% of the company’s stock.
Robert Half International Company Profile
Robert Half International Inc provides specialized staffing and risk consulting services. The Company’s divisions are Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti. It operates through three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services.
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