Equities research analysts forecast that Robert Half International Inc. (NYSE:RHI) will post $1.33 billion in sales for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Robert Half International’s earnings, with estimates ranging from $1.32 billion to $1.34 billion. Robert Half International reported sales of $1.34 billion during the same quarter last year, which indicates a negative year-over-year growth rate of 0.7%. The firm is expected to report its next quarterly earnings report on Wednesday, October 25th.

According to Zacks, analysts expect that Robert Half International will report full-year sales of $1.33 billion for the current financial year, with estimates ranging from $5.17 billion to $5.24 billion. For the next financial year, analysts expect that the company will report sales of $5.41 billion per share, with estimates ranging from $5.27 billion to $5.50 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that follow Robert Half International.

Robert Half International (NYSE:RHI) last issued its earnings results on Tuesday, July 25th. The business services provider reported $0.64 EPS for the quarter, missing the consensus estimate of $0.66 by $0.02. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.32 billion. Robert Half International had a net margin of 6.29% and a return on equity of 29.97%. The business’s revenue was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.71 EPS.

Several equities analysts have recently issued reports on the stock. BMO Capital Markets reaffirmed a “hold” rating and set a $45.00 price target on shares of Robert Half International in a research note on Friday, April 21st. ValuEngine downgraded shares of Robert Half International from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Zacks Investment Research downgraded shares of Robert Half International from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Royal Bank Of Canada reissued a “hold” rating on shares of Robert Half International in a research note on Friday, July 14th. Finally, BidaskClub downgraded shares of Robert Half International from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. Robert Half International presently has a consensus rating of “Hold” and an average price target of $47.25.

Shares of Robert Half International (NYSE:RHI) traded down 0.79% during mid-day trading on Friday, hitting $43.87. 895,165 shares of the company’s stock traded hands. Robert Half International has a 52 week low of $34.42 and a 52 week high of $50.98. The company has a market cap of $5.47 billion, a PE ratio of 17.00 and a beta of 1.23. The firm has a 50-day moving average of $47.71 and a 200 day moving average of $47.43.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend is Wednesday, August 23rd. Robert Half International’s dividend payout ratio is presently 37.21%.

A number of institutional investors have recently made changes to their positions in the company. Van ECK Associates Corp increased its stake in Robert Half International by 6.4% in the first quarter. Van ECK Associates Corp now owns 2,456 shares of the business services provider’s stock valued at $120,000 after buying an additional 148 shares during the period. TrimTabs Asset Management LLC increased its stake in Robert Half International by 89.1% in the first quarter. TrimTabs Asset Management LLC now owns 2,819 shares of the business services provider’s stock valued at $138,000 after buying an additional 1,328 shares during the period. Lazard Asset Management LLC bought a new stake in Robert Half International during the first quarter valued at $148,000. Ameritas Investment Partners Inc. bought a new stake in Robert Half International during the first quarter valued at $152,000. Finally, Daiwa Securities Group Inc. increased its stake in Robert Half International by 16.1% in the first quarter. Daiwa Securities Group Inc. now owns 3,600 shares of the business services provider’s stock valued at $176,000 after buying an additional 500 shares during the period. 86.50% of the stock is owned by institutional investors and hedge funds.

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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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Earnings History and Estimates for Robert Half International (NYSE:RHI)

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