Robert Half (RHI) to Release Earnings on Tuesday

Robert Half (NYSE:RHI) will be posting its quarterly earnings results after the market closes on Tuesday, October 22nd. Analysts expect Robert Half to post earnings of $0.63 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Robert Half (NYSE:RHI) last released its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.66 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.05). The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.49 billion. Robert Half had a return on equity of 20.41% and a net margin of 5.26%. The firm’s quarterly revenue was down 10.2% on a year-over-year basis. During the same period last year, the business posted $1.00 earnings per share. On average, analysts expect Robert Half to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Robert Half Trading Down 1.4 %

RHI opened at $66.31 on Monday. The company has a 50 day moving average of $64.34 and a 200 day moving average of $65.77. The company has a market cap of $6.96 billion, a PE ratio of 19.85 and a beta of 1.23. Robert Half has a 12 month low of $57.05 and a 12 month high of $88.39.

Robert Half Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 23rd were issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend was Friday, August 23rd. Robert Half’s dividend payout ratio (DPR) is presently 63.47%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Truist Financial cut their price objective on shares of Robert Half from $72.00 to $62.00 and set a “hold” rating for the company in a report on Friday, July 26th. BMO Capital Markets cut their price target on shares of Robert Half from $72.00 to $64.00 and set a “market perform” rating for the company in a report on Thursday, July 25th. JPMorgan Chase & Co. cut their price target on shares of Robert Half from $74.00 to $70.00 and set a “neutral” rating for the company in a report on Thursday, July 25th. Barclays cut their price target on shares of Robert Half from $70.00 to $60.00 and set an “underweight” rating for the company in a report on Friday, July 26th. Finally, StockNews.com downgraded shares of Robert Half from a “buy” rating to a “hold” rating in a report on Friday, July 5th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $67.86.

Insider Activity

In other news, Director Dirk A. Kempthorne sold 1,300 shares of the firm’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $63.09, for a total transaction of $82,017.00. Following the sale, the director now owns 13,342 shares in the company, valued at approximately $841,746.78. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 3.00% of the company’s stock.

Robert Half Company Profile

Robert Half Inc provides talent solutions and business consulting services in North America, South America, Europe, Asia, and Australia. The company operates through Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti segments. The Contract Talent Solutions segment provides contract engagement professionals in the fields of finance and accounting, technology, marketing and creative, legal and administrative, and customer support.