Robert Half International Inc. (NYSE:RHI) to Release Earnings on Monday
Robert Half International Inc. (NYSE:RHI) will announce its earnings results after the market closes on Monday, July 24th. Analysts expect the company to announce earnings of $0.66 per share for the quarter.
Robert Half International (NYSE:RHI) last announced its quarterly earnings data on Thursday, April 20th. The business services provider reported $0.62 EPS for the quarter, beating the consensus estimate of $0.58 by $0.04. Robert Half International had a net margin of 6.47% and a return on equity of 31.26%. The business had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the previous year, the business posted $0.64 EPS. The business’s quarterly revenue was down 1.2% compared to the same quarter last year. On average, analysts expect Robert Half International to post $2.66 EPS for the current fiscal year and $2.87 EPS for the next fiscal year.
Shares of Robert Half International Inc. (NYSE RHI) opened at 49.05 on Monday. Robert Half International Inc. has a 52 week low of $34.42 and a 52 week high of $50.98. The firm has a market capitalization of $6.16 billion, a PE ratio of 18.50 and a beta of 1.24. The firm’s 50-day moving average is $47.05 and its 200 day moving average is $47.65.
In related news, insider Robert W. Glass sold 22,237 shares of the stock in a transaction on Wednesday, April 26th. The stock was sold at an average price of $47.35, for a total transaction of $1,052,921.95. Following the completion of the sale, the insider now directly owns 326,428 shares of the company’s stock, valued at $15,456,365.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.40% of the stock is owned by company insiders.
Several research firms have recently weighed in on RHI. Royal Bank Of Canada reissued a “hold” rating on shares of Robert Half International in a report on Friday. BMO Capital Markets increased their price objective on Robert Half International from $45.00 to $49.00 and gave the company a “market perform” rating in a report on Friday. ValuEngine downgraded Robert Half International from a “buy” rating to a “hold” rating in a report on Thursday, June 1st. Finally, Zacks Investment Research downgraded Robert Half International from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. Robert Half International presently has an average rating of “Hold” and an average target price of $47.25.
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Robert Half International Company Profile
Robert Half International Inc provides specialized staffing and risk consulting services. The Company provides these services through its divisions, including Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti.
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