Robert Half International Reaches New 52-Week High at $46.97 (RHI)
Robert Half International (NYSE:RHI) shares reached a new 52-week high on Friday , American Banking & Market News reports. The company traded as high as $46.97 and last traded at $46.58, with a volume of 606,618 shares trading hands. The stock had previously closed at $45.75.
A number of research firms have recently commented on RHI. Analysts at Jefferies Group raised their price target on shares of Robert Half International from $40.00 to $42.00 in a research note on Wednesday, May 7th. They now have a “hold” rating on the stock. Separately, 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. Finally, 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. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $47.11.
The stock’s 50-day moving average is $44.64 and its 200-day moving average is $41.69. The company has a market cap of $6.306 billion and a price-to-earnings ratio of 24.28.
Robert Half International (NYSE:RHI) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.45 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.40 earnings per share. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. On average, analysts predict that Robert Half International will post $2.09 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, June 16th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend 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.