Robert Half (NYSE:RHI) Issues Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Robert Half (NYSE:RHI – Get Free Report) issued its quarterly earnings data on Thursday. The business services provider reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02, FiscalAI reports. Robert Half had a net margin of 2.17% and a return on equity of 9.18%. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the prior year, the firm earned $0.43 EPS.

Robert Half Price Performance

Shares of Robert Half stock traded up $3.11 during trading on Thursday, hitting $37.75. 2,892,432 shares of the company were exchanged, compared to its average volume of 2,596,396. The firm has a market capitalization of $3.86 billion, a P/E ratio of 32.83 and a beta of 0.84. Robert Half has a 1-year low of $21.83 and a 1-year high of $46.70. The firm’s fifty day moving average price is $38.87 and its 200 day moving average price is $34.08.

Robert Half Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, August 25th were issued a dividend of $0.59 per share. The ex-dividend date was Tuesday, August 25th. This represents a $2.36 dividend on an annualized basis and a yield of 6.3%. Robert Half’s dividend payout ratio (DPR) is 205.22%.

Wall Street Analysts Forecast Growth

RHI has been the subject of a number of recent research reports. Truist Financial boosted their target price on Robert Half from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. The Goldman Sachs Group boosted their price objective on Robert Half from $26.00 to $29.00 and gave the stock a “sell” rating in a report on Friday, July 24th. BMO Capital Markets upgraded shares of Robert Half from a “market perform” rating to an “outperform” rating and set a $47.00 target price on the stock in a research report on Monday, July 27th. Robert W. Baird set a $47.00 target price on shares of Robert Half in a research note on Monday, July 27th. Finally, Zacks Research raised shares of Robert Half from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $34.75.

Check Out Our Latest Stock Analysis on Robert Half

Robert Half Company Profile

(Get Free Report)

Robert Half Inc (NYSE: RHI) is a global talent solutions and business consulting company. Through its Robert Half brand, the company provides temporary, project-based and permanent staffing services, connecting employers with professionals in accounting and finance, administrative and customer support, technology, legal, and marketing and creative fields.

Robert Half also operates Protiviti, a global consulting firm that helps organizations address internal audit, risk and compliance, technology, business performance, and digital transformation challenges.

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Earnings History for Robert Half (NYSE:RHI)

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