Somewhat Favorable News Coverage Somewhat Unlikely to Impact Robert Half International (RHI) Stock Price
News articles about Robert Half International (NYSE:RHI) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Robert Half International earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 46.9104368348107 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Robert Half International (NYSE:RHI) traded up $0.80 on Thursday, hitting $56.59. 539,400 shares of the company were exchanged, compared to its average volume of 660,053. Robert Half International has a 52 week low of $42.92 and a 52 week high of $57.67. The stock has a market cap of $7,100.00, a PE ratio of 22.11 and a beta of 1.33.
Robert Half International (NYSE:RHI) last released its earnings results on Tuesday, October 24th. The business services provider reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.02). Robert Half International had a net margin of 6.20% and a return on equity of 29.13%. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter last year, the firm posted $0.71 EPS. The firm’s quarterly revenue was down 1.0% compared to the same quarter last year. equities research analysts predict that Robert Half International will post 2.58 EPS for the current fiscal year.
Several brokerages have recently weighed in on RHI. Robert W. Baird lifted their price target on shares of Robert Half International from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Zacks Investment Research upgraded shares of Robert Half International from a “sell” rating to a “hold” rating in a research note on Thursday, October 26th. BMO Capital Markets lifted their price target on shares of Robert Half International from $49.00 to $53.00 and gave the stock a “market perform” rating in a research note on Wednesday, October 25th. ValuEngine upgraded shares of Robert Half International from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. Finally, Royal Bank of Canada restated a “hold” rating on shares of Robert Half International in a research note on Friday, October 13th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $53.67.
In other Robert Half International news, insider Robert W. Glass sold 5,000 shares of Robert Half International stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $54.93, for a total value of $274,650.00. Following the sale, the insider now directly owns 321,428 shares in the company, valued at approximately $17,656,040.04. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Harold M. Messmer, Jr. sold 100,000 shares of Robert Half International stock in a transaction 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 disclosure for this sale can be found here. Insiders own 3.40% 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.
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