Robert Half International EVP Robert W. Glass Sells 4,028 Shares (RHI)
Robert Half International (NYSE:RHI) EVP Robert W. Glass sold 4,028 shares of the stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $49.38, for a total value of $198,902.64. Following the completion of the transaction, the executive vice president now directly owns 377,912 shares in the company, valued at approximately $18,661,295. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Robert Half International (NYSE:RHI) opened at 48.98 on Monday. Robert Half International has a 52 week low of $35.14 and a 52 week high of $53.08. The stock’s 50-day moving average is $48.81 and its 200-day moving average is $44.58. The company has a market cap of $6.598 billion and a price-to-earnings ratio of 25.08.
Robert Half International (NYSE:RHI) last announced its earnings results on Tuesday, July 22nd. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.03. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. On average, analysts predict that Robert Half International will post $2.17 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Monday, August 25th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Thursday, August 21st.
Several analysts have recently commented on the stock. Analysts at Barclays raised their price target on shares of Robert Half International from $48.00 to $54.00 in a research note on Friday, August 1st. They now have an “equal weight” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Robert Half International in a research note on Thursday, July 24th. They now have a $54.00 price target on the stock. Finally, analysts at SunTrust raised their price target on shares of Robert Half International from $54.00 to $56.00 in a research note on Wednesday, July 23rd. They now have a “buy” rating on the stock. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Robert Half International presently has an average rating of “Buy” and a consensus target price of $53.10.
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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