Wall Street brokerages expect Robert Half International Inc. (NYSE:RHI) to report $0.63 earnings per share for the current quarter, Zacks reports. Five analysts have made estimates for Robert Half International’s earnings, with the highest EPS estimate coming in at $0.64 and the lowest estimate coming in at $0.62. Robert Half International posted earnings of $0.61 per share in the same quarter last year, which suggests a positive year over year growth rate of 3.3%. The business is scheduled to issue its next earnings results on Thursday, January 25th.

On average, analysts expect that Robert Half International will report full year earnings of $2.58 per share for the current year, with EPS estimates ranging from $2.56 to $2.59. For the next financial year, analysts forecast that the business will post earnings of $2.80 per share, with EPS estimates ranging from $2.73 to $2.89. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow Robert Half International.

Robert Half International (NYSE:RHI) last posted its earnings results on Tuesday, October 24th. The business services provider reported $0.68 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the business posted $0.71 earnings per share. The business’s quarterly revenue was down 1.0% compared to the same quarter last year.

RHI has been the subject of a number of research reports. ValuEngine raised shares of Robert Half International from a “hold” rating to a “buy” rating in a report on Friday, September 22nd. Nomura increased their price target on shares of Robert Half International from $53.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, October 25th. Royal Bank Of Canada reissued a “hold” rating on shares of Robert Half International in a report on Friday, October 13th. BMO Capital Markets reissued a “hold” rating and issued a $49.00 price target on shares of Robert Half International in a report on Friday, October 13th. Finally, SunTrust Banks downgraded shares of Robert Half International from a “buy” rating to a “hold” rating and set a $52.00 price target for the company. in a report on Wednesday, October 11th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $50.78.

Shares of Robert Half International (NYSE:RHI) traded up $1.15 during trading on Monday, reaching $54.68. 991,600 shares of the company’s stock were exchanged, compared to its average volume of 1,064,368. Robert Half International has a 12-month low of $42.92 and a 12-month high of $57.67. The company has a market cap of $6,854.13, a P/E ratio of 21.44 and a beta of 1.32.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Wednesday, November 22nd. Robert Half International’s payout ratio is 37.65%.

In other news, insider Robert W. Glass sold 5,000 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $54.93, for a total transaction of $274,650.00. Following the completion of the transaction, the insider now directly owns 321,428 shares of the company’s stock, valued at approximately $17,656,040.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Harold M. Messmer, Jr. sold 100,000 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was 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. 3.40% of the stock is currently owned by company insiders.

Large investors have recently added to or reduced their stakes in the company. AXA increased its position in shares of Robert Half International by 49.0% during the 3rd quarter. AXA now owns 300,865 shares of the business services provider’s stock worth $15,145,000 after purchasing an additional 98,900 shares in the last quarter. Robinson Value Management Ltd. increased its position in shares of Robert Half International by 3.4% during the 3rd quarter. Robinson Value Management Ltd. now owns 55,569 shares of the business services provider’s stock worth $2,797,000 after purchasing an additional 1,842 shares in the last quarter. IFM Investors Pty Ltd acquired a new stake in shares of Robert Half International during the 3rd quarter worth about $240,000. Sterling Capital Management LLC increased its position in shares of Robert Half International by 2.9% during the 3rd quarter. Sterling Capital Management LLC now owns 1,497,933 shares of the business services provider’s stock worth $75,406,000 after purchasing an additional 42,554 shares in the last quarter. Finally, Neuberger Berman Group LLC increased its position in shares of Robert Half International by 11.8% during the 3rd quarter. Neuberger Berman Group LLC now owns 10,128 shares of the business services provider’s stock worth $510,000 after purchasing an additional 1,070 shares in the last quarter. 85.34% of the stock is owned by institutional investors.

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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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