Robert Half International (RHI) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS
Robert Half International (NYSE:RHI) released its earnings data on Friday. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.48 by $0.01, AnalystRatingsNetwork.com reports. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.08 billion.
A number of analysts have recently weighed in on RHI shares. Analysts at Barclays raised their price target on shares of Robert Half International from $40.00 to $44.00 in a research note to investors on Wednesday. They now have an “equal weight” rating on the stock. On the ratings front, analysts at Northcoast Research upgraded shares of Robert Half International from a “neutral” rating to a “buy” rating in a research note to investors on Monday. They now have a $48.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at SunTrust upgraded shares of Robert Half International from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, January 15th. They now have a $52.00 price target on the stock, up previously from $39.00. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Robert Half International has an average rating of “Buy” and a consensus price target of $45.75.
Shares of Robert Half International (NYSE:RHI) opened at 42.08 on Friday. Robert Half International has a 1-year low of $30.64 and a 1-year high of $43.06. The stock’s 50-day moving average is $41.20 and its 200-day moving average is $38.88. The company has a market cap of $5.711 billion and a P/E ratio of 23.44.
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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