Robert Half International Price Target Increased to $42.00 by Analysts at Jefferies Group (RHI)
Investment analysts at Jefferies Group hoisted their price target on shares of Robert Half International (NYSE:RHI) from $40.00 to $42.00 in a note issued to investors on Wednesday, Analyst Ratings.Net reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s price target suggests a potential downside of 5.87% from the stock’s previous close.
A number of other analysts have also recently weighed in on RHI. Analysts at Zacks reiterated a “neutral” rating on shares of Robert Half International in a research note on Friday, April 25th. They now have a $46.00 price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Robert Half International from $46.00 to $48.00 in a research note on Thursday, April 24th. Finally, analysts at Barclays raised their price target on shares of Robert Half International from $44.00 to $48.00 in a research note on Thursday, April 24th. They now have an “equal weight” rating on the stock. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Robert Half International has an average rating of “Buy” and an average price target of $47.11.
In other Robert Half International news, EVP Robert Glass unloaded 29,437 shares of Robert Half International stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $44.93, for a total transaction of $1,322,604.41. Following the completion of the transaction, the executive vice president now directly owns 377,912 shares in the company, valued at approximately $16,979,586. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Robert Half International (NYSE:RHI) opened at 44.62 on Wednesday. Robert Half International has a 1-year low of $30.64 and a 1-year high of $45.54. The stock has a 50-day moving average of $42.62 and a 200-day moving average of $40.84. The company has a market cap of $6.035 billion and a P/E ratio of 23.94.
Robert Half International (NYSE:RHI) last announced its earnings results on Wednesday, April 23rd. The company reported $0.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.44 by $0.01. 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 $0.40 earnings per share. Robert Half International’s revenue was up 5.9% compared to the same quarter last year. On average, analysts predict that Robert Half International will post $2.09 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, June 16th. Shareholders of record on Friday, May 23rd will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.61%. The ex-dividend date is Wednesday, May 21st.
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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