Robert Half International (NYSE:RHI) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

Several other research analysts have also recently commented on the company. Zacks Investment Research raised Robert Half International from a “sell” rating to a “hold” rating in a research report on Thursday, October 26th. BMO Capital Markets raised their target price on Robert Half International from $49.00 to $53.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 25th. Credit Suisse Group raised their target price on Robert Half International from $40.00 to $41.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 25th. Nomura raised their target price on Robert Half International from $53.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Finally, Robert W. Baird raised their target price on Robert Half International from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. Robert Half International has a consensus rating of “Hold” and a consensus price target of $51.88.

Robert Half International (NYSE:RHI) opened at $56.08 on Friday. The company has a market capitalization of $7,070.00, a price-to-earnings ratio of 21.92 and a beta of 1.29. Robert Half International has a 12-month low of $42.92 and a 12-month high of $57.53.

Robert Half International (NYSE:RHI) last issued its earnings results on Tuesday, October 24th. The business services provider reported $0.68 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.02). The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.34 billion. Robert Half International had a return on equity of 30.28% and a net margin of 6.39%. 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 earned $0.71 earnings per share. equities analysts predict that Robert Half International will post 2.58 EPS for the current fiscal year.

In other Robert Half International news, CEO Harold M. Messmer, Jr. sold 100,000 shares of the stock in a transaction on Monday, November 6th. The stock was 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 Securities & Exchange Commission, which is available through this link. Also, insider Robert W. Glass sold 5,000 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $54.93, for a total value of $274,650.00. Following the transaction, the insider now owns 321,428 shares of the company’s stock, valued at $17,656,040.04. The disclosure for this sale can be found here. Corporate insiders own 3.40% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the business. Fuller & Thaler Asset Management Inc. increased its stake in shares of Robert Half International by 405.1% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 1,995 shares of the business services provider’s stock valued at $100,000 after buying an additional 1,600 shares in the last quarter. Seven Eight Capital LP increased its stake in shares of Robert Half International by 134.7% in the second quarter. Seven Eight Capital LP now owns 2,439 shares of the business services provider’s stock valued at $117,000 after buying an additional 1,400 shares in the last quarter. Commonwealth Bank of Australia increased its stake in shares of Robert Half International by 4.4% in the second quarter. Commonwealth Bank of Australia now owns 2,733 shares of the business services provider’s stock valued at $130,000 after buying an additional 114 shares in the last quarter. Globeflex Capital L P acquired a new stake in shares of Robert Half International in the second quarter valued at $197,000. Finally, Hikari Power Ltd acquired a new stake in shares of Robert Half International in the second quarter valued at $204,000. Hedge funds and other institutional investors own 85.30% of the company’s stock.

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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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