Shares of Robert Half International Inc. (NYSE:RHI) have received a consensus rating of “Hold” from the twelve analysts that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $45.38.
Several research analysts recently commented on RHI shares. Zacks Investment Research cut Robert Half International from a “hold” rating to a “sell” rating in a research note on Tuesday, February 21st. ValuEngine cut Robert Half International from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Finally, BMO Capital Markets reissued a “hold” rating and set a $45.00 target price on shares of Robert Half International in a research note on Friday, April 21st.
Robert Half International (NYSE:RHI) opened at 46.51 on Tuesday. Robert Half International has a 12 month low of $34.34 and a 12 month high of $50.98. The firm’s 50-day moving average is $46.65 and its 200-day moving average is $47.48. The company has a market capitalization of $5.84 billion, a PE ratio of 17.54 and a beta of 1.18. Robert Half International (NYSE:RHI) last released its earnings results on Thursday, April 20th. The business services provider reported $0.62 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.04. Robert Half International had a return on equity of 31.97% and a net margin of 6.54%. The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the previous year, the firm posted $0.64 EPS. Robert Half International’s revenue for the quarter was down 1.2% on a year-over-year basis. Equities analysts anticipate that Robert Half International will post $2.67 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Thursday, May 25th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Tuesday, May 23rd. Robert Half International’s payout ratio is currently 32.96%. In other news, insider Robert W. Glass sold 22,237 shares of the business’s stock in a transaction dated Wednesday, April 26th. The stock was sold at an average price of $47.35, for a total value of $1,052,921.95. Following the completion of the sale, the insider now directly owns 326,428 shares of the company’s stock, valued at approximately $15,456,365.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.40% of the stock is currently owned by insiders.