Wall Street brokerages expect Robert Half International Inc. (NYSE:RHI) to report sales of $1.33 billion for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Robert Half International’s earnings, with the highest sales estimate coming in at $1.34 billion and the lowest estimate coming in at $1.32 billion. Robert Half International reported sales of $1.34 billion during the same quarter last year, which indicates a negative year over year growth rate of 0.7%. The firm is scheduled to report its next quarterly earnings report on Wednesday, October 25th.

According to Zacks, analysts expect that Robert Half International will report full-year sales of $1.33 billion for the current fiscal year, with estimates ranging from $5.17 billion to $5.24 billion. For the next financial year, analysts forecast that the business 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 averages are an average based on a survey of sell-side analysts that that provide coverage for Robert Half International.

Robert Half International (NYSE:RHI) last announced its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.64 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by $0.02. The firm had revenue of $1.31 billion for 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%. Robert Half International’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.71 EPS.

RHI has been the subject of a number of research analyst reports. Zacks Investment Research lowered Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. BidaskClub lowered Robert Half International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. BMO Capital Markets boosted their target price on Robert Half International from $45.00 to $49.00 and gave the company a “market perform” rating in a research report on Friday, July 14th. ValuEngine lowered Robert Half International from a “buy” rating to a “hold” rating in a research report on Thursday, June 1st. Finally, Royal Bank Of Canada reaffirmed a “hold” rating on shares of Robert Half International in a research report on Friday, July 14th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $47.25.

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A number of institutional investors have recently added to or reduced their stakes in the stock. Seven Eight Capital LP increased its position in Robert Half International by 134.7% in the second quarter. Seven Eight Capital LP now owns 2,439 shares of the business services provider’s stock worth $117,000 after buying an additional 1,400 shares during the period. Van ECK Associates Corp increased its position in 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 during the period. Commonwealth Bank of Australia increased its position in Robert Half International by 4.4% in the second quarter. Commonwealth Bank of Australia now owns 2,733 shares of the business services provider’s stock worth $130,000 after buying an additional 114 shares during the period. TrimTabs Asset Management LLC increased its position in Robert Half International by 89.1% in the first quarter. TrimTabs Asset Management LLC now owns 2,819 shares of the business services provider’s stock worth $138,000 after buying an additional 1,328 shares during the period. Finally, Lazard Asset Management LLC bought a new position in Robert Half International during the first quarter worth about $148,000. Institutional investors and hedge funds own 84.72% of the company’s stock.

Shares of Robert Half International (RHI) opened at 43.56 on Tuesday. The firm has a market cap of $5.43 billion, a price-to-earnings ratio of 16.88 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 company has a 50-day moving average price of $46.12 and a 200 day moving average price of $46.98.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be paid 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 2.20%. Robert Half International’s dividend payout ratio (DPR) is currently 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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