Robert Half International Inc. Reaches New 12-Month High at $39.18 (RHI)
Shares of Robert Half International (NYSE:RHI) hit a new 52-week high during trading on Thursday, Analyst Ratings Network reports. The stock traded as high as $39.18 and last traded at $38.95, with a volume of 274,766 shares trading hands. The stock had previously closed at $38.84.
A number of analysts have recently weighed in on RHI shares. Analysts at Zacks reiterated a “neutral” rating on shares of Robert Half International (NYSE:RHI) in a research note to investors on Wednesday. They now have a $41.00 price target on the stock. Finally, analysts at Barclays Capital downgraded shares of Robert Half International (NYSE:RHI) from an “overweight” rating to an “equal weight” rating in a research note to investors on Friday, July 26th. They now have a $40.00 price target on the stock.
Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Robert Half International presently has a consensus rating of “Buy” and an average target price of $39.13.
Robert Half International has a 52-week low of $25.10 and a 52-week high of $39.18. The stock has a 50-day moving average of $37.68 and a 200-day moving average of $35.55. The company has a market cap of $5.309 billion and a price-to-earnings ratio of 22.93.
Robert Half International (NYSE:RHI) last posted its quarterly earnings results on Tuesday, July 23rd. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.03. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. On average, analysts predict that Robert Half International will post $1.83 earnings per share for the current fiscal year.
Robert Half International Inc provides specialized staffing and risk consulting services. The Company operates in three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services.
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