Robert Half International Inc. (NYSE:RHI) has been assigned a consensus rating of “Hold” from the eleven brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $52.57.

Several brokerages have recently issued reports on RHI. Credit Suisse Group raised their target price on shares of Robert Half International from $40.00 to $41.00 and gave the company an “underperform” rating in a research note on Wednesday, October 25th. BMO Capital Markets raised their target price on shares of Robert Half International from $49.00 to $53.00 and gave the company a “market perform” rating in a research note on Wednesday, October 25th. Zacks Investment Research raised shares of Robert Half International from a “sell” rating to a “hold” rating in a research note on Thursday, October 26th. ValuEngine lowered shares of Robert Half International from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. Finally, SunTrust Banks, Inc. lowered shares of Robert Half International from a “buy” rating to a “hold” rating and set a $52.00 target price on the stock. in a research note on Wednesday, October 11th.

Shares of Robert Half International (RHI) traded down $0.52 during midday trading on Monday, hitting $54.59. 695,700 shares of the stock traded hands, compared to its average volume of 1,062,553. The company has a market cap of $6,820.00, a price-to-earnings ratio of 21.61 and a beta of 1.29. Robert Half International has a one year low of $42.92 and a one year high of $55.22.

Robert Half International (NYSE:RHI) last issued its earnings results on Tuesday, October 24th. The business services provider reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.02). The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.34 billion. Robert Half International had a net margin of 6.20% and a return on equity of 29.13%. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period last year, the business posted $0.71 EPS. analysts predict that Robert Half International will post 2.58 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Wednesday, November 22nd. Robert Half International’s payout ratio is 37.50%.

TRADEMARK VIOLATION NOTICE: “Brokerages Set Robert Half International Inc. (RHI) Price Target at $52.57” was first posted by Watch List News and is owned by of Watch List News. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international copyright laws. The original version of this article can be viewed at https://www.watchlistnews.com/brokerages-set-robert-half-international-inc-rhi-price-target-at-52-57/1722553.html.

In related news, CEO Harold M. Messmer, Jr. sold 100,000 shares of Robert Half International stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $52.31, for a total transaction of $5,231,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert W. Glass sold 5,000 shares of Robert Half International stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $54.93, for a total transaction of $274,650.00. Following the transaction, the insider now directly owns 321,428 shares in the company, valued at approximately $17,656,040.04. The disclosure for this sale can be found here. 3.40% of the stock is owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the stock. Investment Counselors of Maryland LLC boosted its stake in Robert Half International by 0.5% during the 2nd quarter. Investment Counselors of Maryland LLC now owns 4,715 shares of the business services provider’s stock worth $226,000 after acquiring an additional 24 shares during the last quarter. Financial Counselors Inc. boosted its stake in Robert Half International by 0.4% during the 2nd quarter. Financial Counselors Inc. now owns 8,449 shares of the business services provider’s stock worth $405,000 after acquiring an additional 35 shares during the last quarter. Gateway Investment Advisers LLC boosted its stake in Robert Half International by 0.5% during the 2nd quarter. Gateway Investment Advisers LLC now owns 8,352 shares of the business services provider’s stock worth $400,000 after acquiring an additional 38 shares during the last quarter. Contravisory Investment Management Inc. boosted its stake in Robert Half International by 0.7% during the 2nd quarter. Contravisory Investment Management Inc. now owns 5,469 shares of the business services provider’s stock worth $262,000 after acquiring an additional 39 shares during the last quarter. Finally, Empirical Finance LLC boosted its stake in Robert Half International by 0.3% during the 2nd quarter. Empirical Finance LLC now owns 22,115 shares of the business services provider’s stock worth $1,060,000 after acquiring an additional 73 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Robert Half International (NYSE:RHI)

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 Analyst Ratings Network's FREE daily email newsletter.