Robert Half International Inc. (NYSE:RHI) posted its quarterly earnings data on Thursday. The business services provider reported $0.62 EPS for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.04. The business earned $1.29 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Robert Half International had a return on equity of 31.97% and a net margin of 6.54%. The business’s revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 earnings per share.
Shares of Robert Half International (NYSE:RHI) opened at 45.91 on Friday. The firm has a 50-day moving average price of $47.21 and a 200 day moving average price of $45.55. The stock has a market capitalization of $5.87 billion, a PE ratio of 17.19 and a beta of 1.18. Robert Half International has a one year low of $34.34 and a one year high of $50.98.
RHI has been the subject of a number of recent analyst reports. Instinet dropped their price target on Robert Half International from $55.00 to $53.00 and set a “buy” rating for the company in a research report on Friday, January 27th. Royal Bank of Canada reiterated a “hold” rating and set a $47.00 price target on shares of Robert Half International in a research report on Friday, January 27th. BMO Capital Markets reiterated a “hold” rating and set a $44.00 price target on shares of Robert Half International in a research report on Friday, January 27th. Zacks Investment Research upgraded Robert Half International from a “sell” rating to a “hold” rating in a research report on Tuesday, March 21st. Finally, Barclays PLC upgraded Robert Half International from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $35.00 to $54.00 in a research report on Tuesday, January 10th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $47.27.
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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