Robert Half International Inc. (RHI) Given Average Recommendation of “Hold” by Analysts
Shares of Robert Half International Inc. (NYSE:RHI) have been assigned a consensus rating of “Hold” from the eleven brokerages that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $46.60.
Several equities research analysts have recently issued reports on RHI shares. ValuEngine lowered shares of Robert Half International from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Zacks Investment Research downgraded shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. BMO Capital Markets reaffirmed a “hold” rating and issued a $45.00 price objective on shares of Robert Half International in a report on Tuesday, July 11th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Robert Half International in a report on Friday, July 14th. Finally, BidaskClub downgraded shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th.
A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Robert Half International by 5.9% in the 2nd quarter. Vanguard Group Inc. now owns 13,632,206 shares of the business services provider’s stock valued at $653,391,000 after purchasing an additional 758,834 shares during the period. BlackRock Inc. boosted its holdings in Robert Half International by 2,875.0% in the 1st quarter. BlackRock Inc. now owns 9,961,750 shares of the business services provider’s stock valued at $486,431,000 after purchasing an additional 9,626,906 shares during the period. Fiduciary Management Inc. WI boosted its holdings in Robert Half International by 6.5% in the 1st quarter. Fiduciary Management Inc. WI now owns 2,200,621 shares of the business services provider’s stock valued at $107,456,000 after purchasing an additional 133,410 shares during the period. Northern Trust Corp boosted its holdings in Robert Half International by 1.1% in the 2nd quarter. Northern Trust Corp now owns 2,029,761 shares of the business services provider’s stock valued at $97,287,000 after purchasing an additional 21,523 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in Robert Half International by 28.5% in the 1st quarter. AQR Capital Management LLC now owns 1,892,976 shares of the business services provider’s stock valued at $92,434,000 after purchasing an additional 419,414 shares during the period. 84.12% of the stock is owned by hedge funds and other institutional investors.
Shares of Robert Half International (NYSE RHI) traded down 0.47% during midday trading on Wednesday, hitting $44.41. The company had a trading volume of 442,734 shares. The company has a market capitalization of $5.53 billion, a price-to-earnings ratio of 17.21 and a beta of 1.24. Robert Half International has a 12-month low of $34.42 and a 12-month high of $50.98. The company’s 50-day moving average price is $44.84 and its 200 day moving average price is $46.73.
Robert Half International (NYSE:RHI) last issued 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 return on equity of 29.97% and a net margin of 6.29%. The company had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the previous year, the business earned $0.71 EPS. The company’s revenue for the quarter was down 2.7% on a year-over-year basis. Equities research analysts predict that Robert Half International will post $2.62 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.15%. The ex-dividend date is Wednesday, August 23rd. Robert Half International’s payout ratio is 37.21%.
WARNING: “Robert Half International Inc. (RHI) Given Average Recommendation of “Hold” by Analysts” was posted by American Banking News and is the property of of American Banking News. If you are reading this story on another publication, it was illegally copied and republished in violation of U.S. and international copyright and trademark laws. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/09/06/robert-half-international-inc-rhi-given-average-recommendation-of-hold-by-analysts.html.
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.
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.