Robert Half International (RHI) Releases Quarterly Earnings Results
Robert Half International (NYSE:RHI) announced its earnings results on Tuesday. The company reported $0.48 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.48, StockRatingsNetwork.com reports. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the company posted $0.41 earnings per share. Robert Half International’s revenue was up 4.1% compared to the same quarter last year.
Shares of Robert Half International (NYSE:RHI) traded up 0.49% during mid-day trading on Tuesday, hitting $40.72. 1,577,256 shares of the company’s stock traded hands. Robert Half International has a 52 week low of $25.10 and a 52 week high of $39.10. The stock’s 50-day moving average is $37.43 and its 200-day moving average is $35.46. The company has a market cap of $5.554 billion and a P/E ratio of 23.92.
RHI has been the subject of a number of recent research reports. Analysts at Jefferies Group initiated coverage on shares of Robert Half International in a research note to investors on Friday, October 11th. They set a “hold” rating on the stock. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Robert Half International in a research note to investors on Wednesday, September 18th. They now have a $41.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Robert Half International in a research note to investors on Friday, September 6th. They now have a $39.00 price target on the stock. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $39.86.
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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