$0.98 EPS Expected for Robert Half International Inc. (NYSE:RHI) This Quarter

Analysts expect Robert Half International Inc. (NYSE:RHI) to post earnings per share of $0.98 for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Robert Half International’s earnings. The highest EPS estimate is $1.00 and the lowest is $0.96. Robert Half International reported earnings per share of $0.95 during the same quarter last year, which suggests a positive year-over-year growth rate of 3.2%. The company is scheduled to issue its next quarterly earnings report on Tuesday, February 4th.

On average, analysts expect that Robert Half International will report full year earnings of $3.91 per share for the current fiscal year, with EPS estimates ranging from $3.88 to $3.93. For the next financial year, analysts forecast that the company will report earnings of $4.14 per share, with EPS estimates ranging from $4.05 to $4.20. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Robert Half International.

Robert Half International (NYSE:RHI) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.01. Robert Half International had a net margin of 7.56% and a return on equity of 41.71%. The company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the previous year, the firm earned $0.95 earnings per share. The firm’s quarterly revenue was up 5.9% on a year-over-year basis.

Several research analysts have recently issued reports on RHI shares. Royal Bank of Canada set a $65.00 price objective on Robert Half International and gave the stock a “hold” rating in a research report on Friday, October 25th. Jefferies Financial Group initiated coverage on Robert Half International in a research note on Wednesday, November 27th. They set an “underperform” rating and a $50.00 target price for the company. Barclays restated a “sell” rating and set a $55.00 target price on shares of Robert Half International in a research note on Thursday, October 17th. Zacks Investment Research raised shares of Robert Half International from a “sell” rating to a “hold” rating and set a $59.00 target price on the stock in a research report on Monday, October 21st. Finally, William Blair reaffirmed a “market perform” rating on shares of Robert Half International in a report on Friday, September 20th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $63.13.

Shares of RHI traded down $0.56 during midday trading on Tuesday, reaching $57.36. The stock had a trading volume of 1,379,513 shares, compared to its average volume of 1,166,634. The company has a market cap of $6.66 billion, a price-to-earnings ratio of 15.89, a PEG ratio of 2.11 and a beta of 1.33. The company’s fifty day simple moving average is $57.50 and its two-hundred day simple moving average is $56.37. Robert Half International has a 1-year low of $51.90 and a 1-year high of $69.08. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.67 and a quick ratio of 1.67.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Monday, November 25th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date is Friday, November 22nd. Robert Half International’s dividend payout ratio is presently 34.35%.

Institutional investors have recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD raised its position in Robert Half International by 1.0% during the second quarter. Price T Rowe Associates Inc. MD now owns 365,893 shares of the business services provider’s stock worth $20,860,000 after acquiring an additional 3,600 shares during the last quarter. Fiduciary Management Inc. WI lifted its position in shares of Robert Half International by 65.1% in the second quarter. Fiduciary Management Inc. WI now owns 847,584 shares of the business services provider’s stock valued at $48,321,000 after acquiring an additional 334,345 shares in the last quarter. California Public Employees Retirement System boosted its stake in shares of Robert Half International by 15.8% during the third quarter. California Public Employees Retirement System now owns 345,615 shares of the business services provider’s stock valued at $19,237,000 after acquiring an additional 47,091 shares during the last quarter. Quest Capital Management Inc. ADV acquired a new stake in shares of Robert Half International during the third quarter valued at $27,000. Finally, Man Group plc grew its holdings in shares of Robert Half International by 89.5% during the third quarter. Man Group plc now owns 480,614 shares of the business services provider’s stock worth $26,752,000 after buying an additional 226,997 shares in the last quarter. Institutional investors and hedge funds own 95.02% of the company’s stock.

Robert Half International Company Profile

Robert Half International Inc provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. The company operates through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services. It places temporary personnel for accounting, finance, and bookkeeping; temporary and full-time office and administrative personnel consisting of executive and administrative assistants, receptionists, and customer service representatives; full-time accounting, financial, tax, and accounting operations personnel; and information technology contract consultants and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking, systems integration and deployment, database design and administration, and security and business continuity.

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

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