Robert Half International (RHI) was Initiated by Macquarie to “Neutral” and the brokerage firm has set the Price Target at $43. Macquarie advised their investors in a research report released on Aug 26, 2016.
Many Wall Street Analysts have commented on Robert Half International. Deutsche Bank Initiated Robert Half International on Aug 18, 2016 to “Buy”, Price Target of the shares are set at $44.Shares were Reiterated by RBC Capital Mkts on Jul 27, 2016 to “Outperform” and Lowered the Price Target to $ 42 from a previous price target of $48 .Robert Half International was Downgraded by BofA/Merrill to ” Neutral” on Jul 13, 2016.
On the company’s financial health, Robert Half International reported $0.64 EPS for the quarter, based on the information available during the earnings call on Apr 26, 2016. Analyst had a consensus estimate of $0.64. The company had revenue of $1302.60 million for the quarter, compared to analysts expectations of $1297.28 million. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS.
Robert Half International (RHI) witnessed a volatile trading activity on Tuesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $38.57 and reached the intraday high at $38.95. The bulls started the profit booking and pushed the shares to intraday low of $38.2. The trading session was marked by a volume range of 11,37,312 shares exchanging hands. The 52-week high of the shares is $54.01 and the 52-week low is $34.34. The market cap of the company stands at $4,983 M and there are 13,01,40,189 shares in public circulation.
In a different news, on Aug 11, 2016, Robert W Glass (Executive Vice President) sold 30,061 shares at $36.92 per share price. According to the SEC, on Aug 14, 2015, Paul F Gentzkow (President & COO) sold 151,250 shares at $55.98 per share price. On Feb 24, 2015, Harold M Jr Messmer (Chairman & CEO) sold 100,000 shares at $61.21 per share price, according to the Form-4 filing with the securities and exchange commission.
Robert Half International Inc. is engaged in providing specialized staffing and risk consulting services. The Company provides staffing and risk consulting services through the divisions: Accountemps Robert Half Finance & Accounting OfficeTeam Robert Half Technology Robert Half Management Resources Robert Half Legal The Creative Group and Protiviti. The Company operates through three segments: temporary and consultant staffing permanent placement staffing and risk consulting and internal audit services. The temporary and consultant segment provides specialized staffing in the accounting and finance administrative and office information technology legal advertising marketing and Web design fields. The permanent placement segment provides full-time personnel in the accounting finance administrative and office and information technology fields. The risk consulting segment provides business and technology risk consulting and internal audit services.