Robert Half International Inc. (NYSE:RHI)‘s stock had its “hold” rating restated by stock analysts at Royal Bank Of Canada in a report released on Friday.

RHI has been the subject of several other reports. BMO Capital Markets restated a “hold” rating and issued a $49.00 target price on shares of Robert Half International in a report on Friday. Zacks Investment Research lowered Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. SunTrust Banks, Inc. lowered 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. BidaskClub lowered Robert Half International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, ValuEngine lowered Robert Half International from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. Robert Half International currently has an average rating of “Hold” and a consensus price target of $49.83.

Shares of Robert Half International (RHI) traded up 0.22% during mid-day trading on Friday, reaching $49.01. 1,090,924 shares of the company’s stock traded hands. Robert Half International has a 1-year low of $34.42 and a 1-year high of $51.76. The firm has a 50-day moving average price of $47.85 and a 200-day moving average price of $46.82. The company has a market capitalization of $6.11 billion, a P/E ratio of 19.00 and a beta of 1.27.

Robert Half International (NYSE:RHI) last posted its earnings results on Tuesday, July 25th. The business services provider reported $0.64 earnings per share 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 company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the firm posted $0.71 earnings per share. The firm’s revenue for the quarter was down 2.7% compared to the same quarter last year. On average, equities research 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 added to or reduced their stakes in RHI. Seven Eight Capital LP increased its position in shares of Robert Half International by 134.7% during the second quarter. Seven Eight Capital LP now owns 2,439 shares of the business services provider’s stock valued at $117,000 after purchasing an additional 1,400 shares during the period. Van ECK Associates Corp increased its position in shares of Robert Half International by 6.4% during the first quarter. Van ECK Associates Corp now owns 2,456 shares of the business services provider’s stock valued at $120,000 after purchasing an additional 148 shares during the period. Commonwealth Bank of Australia increased its position in shares of Robert Half International by 4.4% during the second quarter. Commonwealth Bank of Australia now owns 2,733 shares of the business services provider’s stock valued at $130,000 after purchasing an additional 114 shares during the period. Lazard Asset Management LLC bought a new stake in shares of Robert Half International during the first quarter valued at approximately $148,000. Finally, Ameritas Investment Partners Inc. bought a new stake in shares of Robert Half International during the first quarter valued at approximately $152,000. Institutional investors and hedge funds own 84.10% of the company’s stock.

About Robert Half International

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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