Robert Half International (RHI) to Release Earnings on Thursday

Robert Half International (NYSE:RHIGet Rating) is scheduled to release its earnings data after the market closes on Thursday, January 26th. Analysts expect Robert Half International to post earnings of $1.35 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Robert Half International Trading Down 0.8 %

Robert Half International stock traded down $0.65 during trading on Tuesday, hitting $79.10. The company had a trading volume of 814,356 shares, compared to its average volume of 855,073. Robert Half International has a 1-year low of $65.40 and a 1-year high of $125.77. The company’s 50 day simple moving average is $75.37 and its 200-day simple moving average is $77.07. The stock has a market cap of $8.58 billion, a price-to-earnings ratio of 12.84, a price-to-earnings-growth ratio of 3.40 and a beta of 1.28.

Robert Half International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 15th. Shareholders of record on Friday, November 25th were paid a $0.43 dividend. The ex-dividend date of this dividend was Wednesday, November 23rd. This represents a $1.72 annualized dividend and a dividend yield of 2.17%. Robert Half International’s dividend payout ratio (DPR) is 27.92%.

Insider Activity at Robert Half International

In related news, EVP Robert W. Glass sold 15,000 shares of the business’s stock in a transaction on Friday, November 11th. The shares were sold at an average price of $80.84, for a total value of $1,212,600.00. Following the completion of the sale, the executive vice president now directly owns 232,349 shares of the company’s stock, valued at $18,783,093.16. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 2.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Robert Half International

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Commonwealth Equity Services LLC raised its holdings in shares of Robert Half International by 2.1% in the third quarter. Commonwealth Equity Services LLC now owns 7,342 shares of the business services provider’s stock valued at $561,000 after buying an additional 149 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund raised its holdings in shares of Robert Half International by 4.0% in the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 3,927 shares of the business services provider’s stock valued at $300,000 after buying an additional 151 shares during the last quarter. Industrial Alliance Investment Management Inc. raised its holdings in shares of Robert Half International by 7.3% in the first quarter. Industrial Alliance Investment Management Inc. now owns 2,429 shares of the business services provider’s stock valued at $277,000 after buying an additional 166 shares during the last quarter. Covestor Ltd raised its holdings in shares of Robert Half International by 111.8% in the first quarter. Covestor Ltd now owns 574 shares of the business services provider’s stock valued at $66,000 after buying an additional 303 shares during the last quarter. Finally, Captrust Financial Advisors raised its holdings in shares of Robert Half International by 3.4% in the third quarter. Captrust Financial Advisors now owns 10,622 shares of the business services provider’s stock valued at $813,000 after buying an additional 352 shares during the last quarter. 94.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on RHI. StockNews.com began coverage on shares of Robert Half International in a research note on Wednesday, October 12th. They issued a “buy” rating for the company. Credit Suisse Group lowered their target price on shares of Robert Half International from $68.00 to $63.00 and set an “underperform” rating for the company in a research note on Friday, October 21st. BNP Paribas assumed coverage on shares of Robert Half International in a research note on Thursday, January 5th. They set an “underperform” rating and a $70.00 target price for the company. Barclays lowered their target price on shares of Robert Half International from $80.00 to $70.00 and set an “equal weight” rating for the company in a research note on Monday, October 24th. Finally, Robert W. Baird lowered their target price on shares of Robert Half International from $95.00 to $88.00 in a research note on Friday, October 21st. Four research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $77.78.

Robert Half International Company Profile

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Robert Half International Inc provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. It places temporary services for accounting, finance, and bookkeeping; temporary and full-time office and administrative personnel consisting of executive and administrative assistants, receptionists, and customer service representatives; full-time accounting, financial, tax, and accounting operations personnel; and information technology contract professionals and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking and cloud, systems integration and deployment, database design and administration, and security and business continuity.

See Also

Earnings History for Robert Half International (NYSE:RHI)

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