BMO Capital Markets reissued their hold rating on shares of Robert Half International Inc. (NYSE:RHI) in a research note published on Friday. They currently have a $49.00 price objective on the business services provider’s stock.

Several other research analysts have also recently commented on RHI. BidaskClub cut shares of Robert Half International from a sell rating to a strong sell rating in a report on Friday, August 18th. ValuEngine cut shares of Robert Half International from a buy rating to a hold rating in a report on Thursday, October 5th. SunTrust Banks, Inc. cut shares of Robert Half International from a buy rating to a hold rating and set a $52.00 target price for the company. in a report on Wednesday, October 11th. Royal Bank Of Canada reiterated a hold rating on shares of Robert Half International in a research note on Friday, July 14th. Finally, Zacks Investment Research cut shares of Robert Half International from a hold rating to a sell rating in a research note on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of $49.83.

Shares of Robert Half International (RHI) opened at 49.05 on Friday. The firm has a market cap of $6.11 billion, a price-to-earnings ratio of 19.01 and a beta of 1.26. The company has a 50 day moving average of $47.85 and a 200 day moving average of $46.81. Robert Half International has a 1-year low of $34.42 and a 1-year high of $51.76.

Robert Half International (NYSE:RHI) last announced its earnings results on Tuesday, July 25th. The business services provider reported $0.64 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.02). Robert Half International had a return on equity of 29.97% and a net margin of 6.29%. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the previous year, the company posted $0.71 EPS. The business’s revenue for the quarter was down 2.7% compared to the same quarter last year. On average, equities analysts forecast that Robert Half International will post $2.62 earnings per share for the current fiscal year.

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Several institutional investors and hedge funds have recently modified their holdings of the company. Investment Counselors of Maryland LLC raised its position in shares of Robert Half International by 0.5% in the second quarter. Investment Counselors of Maryland LLC now owns 4,715 shares of the business services provider’s stock valued at $226,000 after purchasing an additional 24 shares during the period. Financial Counselors Inc. raised its position in shares of Robert Half International by 0.4% in the second quarter. Financial Counselors Inc. now owns 8,449 shares of the business services provider’s stock valued at $405,000 after purchasing an additional 35 shares during the period. Gateway Investment Advisers LLC raised its position in shares of Robert Half International by 0.5% in the second quarter. Gateway Investment Advisers LLC now owns 8,352 shares of the business services provider’s stock valued at $400,000 after purchasing an additional 38 shares during the period. Contravisory Investment Management Inc. raised its position in shares of Robert Half International by 0.7% in the second quarter. Contravisory Investment Management Inc. now owns 5,469 shares of the business services provider’s stock valued at $262,000 after purchasing an additional 39 shares during the period. Finally, Empirical Finance LLC raised its position in shares of Robert Half International by 0.3% in the second quarter. Empirical Finance LLC now owns 22,115 shares of the business services provider’s stock valued at $1,060,000 after purchasing an additional 73 shares during the period. 84.09% of the stock is currently owned by institutional investors.

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)

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