Robert Half International Inc. (NYSE:RHI) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report released on Friday.

Other equities research analysts also recently issued research reports about the company. Zacks Investment Research downgraded Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. BMO Capital Markets upped their price target on shares of Robert Half International from $45.00 to $49.00 and gave the stock a “market perform” rating in a research note on Friday, July 14th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Robert Half International in a research note on Friday, July 14th. Finally, ValuEngine downgraded shares of Robert Half International from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Four research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. Robert Half International presently has an average rating of “Hold” and a consensus price target of $47.25.

Robert Half International (NYSE:RHI) traded up 0.21% during mid-day trading on Friday, reaching $43.33. The company’s stock had a trading volume of 795,516 shares. The stock has a market capitalization of $5.40 billion, a price-to-earnings ratio of 16.79 and a beta of 1.23. The firm has a 50-day moving average of $46.37 and a 200-day moving average of $47.04. Robert Half International has a 52 week low of $34.42 and a 52 week high of $50.98.

Robert Half International (NYSE:RHI) last released its earnings results on Tuesday, July 25th. The business services provider reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by $0.02. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.32 billion. Robert Half International had a return on equity of 29.97% and a net margin of 6.29%. The business’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter last year, the company earned $0.71 earnings per share. On average, equities research analysts expect that Robert Half International will post $2.62 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: “BidaskClub Lowers Robert Half International Inc. (RHI) to Strong Sell” was first published by American Banking News and is owned by of American Banking News. If you are reading this story on another site, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/08/18/bidaskclub-lowers-robert-half-international-inc-rhi-to-strong-sell.html.

Institutional investors have recently made changes to their positions in the company. BlackRock Inc. boosted its position in shares of Robert Half International by 2,875.0% in the first quarter. BlackRock Inc. now owns 9,961,750 shares of the business services provider’s stock worth $486,431,000 after buying an additional 9,626,906 shares in the last quarter. Janus Henderson Group PLC boosted its stake in Robert Half International by 4,051.8% in the second quarter. Janus Henderson Group PLC now owns 921,072 shares of the business services provider’s stock valued at $44,147,000 after buying an additional 898,887 shares in the last quarter. Vanguard Group Inc. boosted its stake in Robert Half International by 5.9% in the second quarter. Vanguard Group Inc. now owns 13,632,206 shares of the business services provider’s stock valued at $653,391,000 after buying an additional 758,834 shares in the last quarter. First Trust Advisors LP boosted its stake in Robert Half International by 524.0% in the first quarter. First Trust Advisors LP now owns 821,574 shares of the business services provider’s stock valued at $40,117,000 after buying an additional 689,914 shares in the last quarter. Finally, Boston Partners boosted its stake in Robert Half International by 11.1% in the first quarter. Boston Partners now owns 6,529,472 shares of the business services provider’s stock valued at $318,834,000 after buying an additional 651,348 shares in the last quarter. 84.72% of the stock is currently owned by institutional investors.

About Robert Half International

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.

Analyst Recommendations for Robert Half International (NYSE:RHI)

Receive News & Ratings for Robert Half International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robert Half International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.