Robert Half International Inc. (NYSE:RHI)‘s stock had its “hold” rating reaffirmed by stock analysts at BMO Capital Markets in a note issued to investors on Friday. They currently have a $49.00 price objective on the business services provider’s stock. BMO Capital Markets’ price target would indicate a potential upside of 0.20% from the company’s previous close.

Other analysts have also recently issued reports about the stock. ValuEngine upgraded shares of Robert Half International from a “hold” rating to a “buy” rating in a report on Friday, September 22nd. Royal Bank Of Canada restated a “hold” rating on shares of Robert Half International in a report on Friday, July 14th. SunTrust Banks, Inc. cut shares of Robert Half International from a “buy” rating to a “hold” rating in a report on Wednesday. Zacks Investment Research cut shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, BidaskClub cut shares of Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $49.40.

Robert Half International (NYSE RHI) opened at 48.90 on Friday. The stock has a market cap of $6.09 billion, a P/E ratio of 18.95 and a beta of 1.27. The company’s 50 day moving average is $47.59 and its 200 day moving average is $46.81. Robert Half International has a 52 week low of $34.42 and a 52 week high of $51.76.

Robert Half International (NYSE:RHI) last posted its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.64 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.02). The company 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%. The business’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.71 earnings per share. Equities analysts predict that Robert Half International will post $2.62 earnings per share for the current year.

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Several hedge funds have recently bought and sold shares of the stock. Synovus Financial Corp raised its position in Robert Half International by 0.4% during the second quarter. Synovus Financial Corp now owns 3,650 shares of the business services provider’s stock valued at $137,000 after acquiring an additional 16 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its position in Robert Half International by 0.5% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,855 shares of the business services provider’s stock valued at $179,000 after acquiring an additional 18 shares in the last quarter. Investment Counselors of Maryland LLC raised its position in Robert Half International by 0.5% during the second quarter. Investment Counselors of Maryland LLC now owns 4,715 shares of the business services provider’s stock valued at $226,000 after acquiring an additional 24 shares in the last quarter. Creative Planning raised its position in Robert Half International by 1.2% during the second quarter. Creative Planning now owns 2,686 shares of the business services provider’s stock valued at $102,000 after acquiring an additional 33 shares in the last quarter. Finally, Financial Counselors Inc. raised its position in Robert Half International by 0.4% during the second quarter. Financial Counselors Inc. now owns 8,449 shares of the business services provider’s stock valued at $405,000 after acquiring an additional 35 shares in the last quarter. Institutional investors and hedge funds own 84.10% of the company’s stock.

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)

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