Robert Half International (NYSE:RHI) issued its quarterly earnings results on Tuesday. The business services provider reported $0.93 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.95 by ($0.02), Bloomberg Earnings reports. Robert Half International had a return on equity of 39.61% and a net margin of 7.49%. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the company posted $0.80 EPS. Robert Half International’s quarterly revenue was up 5.2% compared to the same quarter last year.
Shares of NYSE RHI traded up $1.40 during midday trading on Tuesday, reaching $68.79. 2,142,000 shares of the stock were exchanged, compared to its average volume of 1,088,719. The stock has a market capitalization of $8.02 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 1.99 and a beta of 1.33. Robert Half International has a twelve month low of $52.79 and a twelve month high of $79.91.
Several equities analysts recently weighed in on RHI shares. SunTrust Banks increased their price target on shares of Robert Half International to $70.00 and gave the stock a “hold” rating in a report on Wednesday, January 30th. Nomura cut their price target on shares of Robert Half International to $80.00 and set a “buy” rating on the stock in a report on Wednesday, January 16th. Bank of America downgraded shares of Robert Half International from a “buy” rating to a “neutral” rating in a report on Thursday, January 3rd. ValuEngine upgraded shares of Robert Half International from a “hold” rating to a “buy” rating in a report on Wednesday, January 30th. Finally, Zacks Investment Research upgraded shares of Robert Half International from a “sell” rating to a “hold” rating in a report on Thursday, January 10th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. Robert Half International currently has an average rating of “Hold” and an average target price of $70.20.
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Robert Half International Company Profile
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 personnel 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 consultants and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking, systems integration and deployment, database design and administration, and security and business continuity.
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