Wall Street analysts predict that Robert Half International Inc. (NYSE:RHI) will report $1.33 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Robert Half International’s earnings, with estimates ranging from $1.32 billion to $1.34 billion. Robert Half International posted sales of $1.34 billion in the same quarter last year, which would indicate a negative year-over-year growth rate of 0.7%. The company is expected to announce its next earnings report on Wednesday, October 25th.

On average, analysts expect that Robert Half International will report full-year sales of $1.33 billion for the current year, with estimates ranging from $5.17 billion to $5.24 billion. For the next financial year, analysts forecast that the company will post sales of $5.41 billion per share, with estimates ranging from $5.27 billion to $5.50 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that that provide coverage for Robert Half International.

Robert Half International (NYSE:RHI) last posted its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.64 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by $0.02. Robert Half International had a net margin of 6.29% and a return on equity of 29.97%. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the company posted $0.71 EPS. Robert Half International’s quarterly revenue was down 2.7% on a year-over-year basis.

A number of analysts recently issued reports on the stock. BMO Capital Markets restated a “hold” rating and set a $45.00 price objective on shares of Robert Half International in a report on Tuesday, July 11th. Royal Bank Of Canada restated a “hold” rating on shares of Robert Half International in a report on Friday, July 14th. Zacks Investment Research downgraded shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. ValuEngine downgraded shares of Robert Half International from a “buy” rating to a “hold” rating in a report on Thursday, June 1st. Finally, BidaskClub downgraded shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. Robert Half International has a consensus rating of “Hold” and a consensus price target of $47.25.

A number of institutional investors have recently modified their holdings of RHI. Investment Counselors of Maryland LLC raised its position in shares of Robert Half International by 0.5% in the second quarter. Investment Counselors of Maryland LLC now owns 4,715 shares of the business services provider’s stock worth $226,000 after buying an additional 24 shares in the last quarter. Gateway Investment Advisers LLC raised its position in shares of Robert Half International by 0.5% in the second quarter. Gateway Investment Advisers LLC now owns 8,352 shares of the business services provider’s stock worth $400,000 after buying an additional 38 shares in the last quarter. Contravisory Investment Management Inc. raised its position in shares of Robert Half International by 0.7% in the second quarter. Contravisory Investment Management Inc. now owns 5,469 shares of the business services provider’s stock worth $262,000 after buying an additional 39 shares in the last quarter. First Bank & Trust raised its position in shares of Robert Half International by 2.1% in the first quarter. First Bank & Trust now owns 4,636 shares of the business services provider’s stock worth $226,000 after buying an additional 94 shares in the last quarter. Finally, Van ECK Associates Corp raised its position in shares of Robert Half International by 6.4% in the first quarter. Van ECK Associates Corp now owns 2,456 shares of the business services provider’s stock worth $120,000 after buying an additional 148 shares in the last quarter. Hedge funds and other institutional investors own 87.30% of the company’s stock.

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Shares of Robert Half International (RHI) opened at 44.49 on Friday. The firm’s 50-day moving average is $47.71 and its 200 day moving average is $47.43. The firm has a market capitalization of $5.54 billion, a P/E ratio of 17.24 and a beta of 1.23. Robert Half International has a 52 week low of $34.42 and a 52 week high of $50.98.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $0.96 dividend on an annualized basis and a yield of 2.16%. Robert Half International’s dividend payout ratio is presently 37.21%.

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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Earnings History and Estimates for Robert Half International (NYSE:RHI)

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