Equities analysts expect Robert Half International Inc. (NYSE:RHI – Get Rating) to announce $1.80 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Robert Half International’s earnings, with the highest sales estimate coming in at $1.81 billion and the lowest estimate coming in at $1.79 billion. Robert Half International posted sales of $1.40 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 28.6%. The firm is expected to issue its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that Robert Half International will report full-year sales of $7.35 billion for the current fiscal year, with estimates ranging from $7.15 billion to $7.43 billion. For the next year, analysts anticipate that the firm will report sales of $7.80 billion, with estimates ranging from $7.56 billion to $7.93 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover Robert Half International.
Robert Half International (NYSE:RHI – Get Rating) last issued its quarterly earnings results on Thursday, January 27th. The business services provider reported $1.51 EPS for the quarter. The firm had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Robert Half International had a return on equity of 46.46% and a net margin of 9.26%. The business’s quarterly revenue was up 35.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.84 earnings per share.
Institutional investors have recently bought and sold shares of the company. Martin Capital Partners LLC grew its holdings in shares of Robert Half International by 1.2% during the fourth quarter. Martin Capital Partners LLC now owns 8,482 shares of the business services provider’s stock valued at $946,000 after buying an additional 102 shares during the last quarter. Townsend Asset Management Corp NC ADV grew its stake in shares of Robert Half International by 0.3% in the 4th quarter. Townsend Asset Management Corp NC ADV now owns 35,645 shares of the business services provider’s stock valued at $3,975,000 after buying an additional 107 shares during the period. Deseret Mutual Benefit Administrators grew its stake in shares of Robert Half International by 2.4% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 4,526 shares of the business services provider’s stock valued at $505,000 after buying an additional 108 shares during the period. Advisor Partners LLC boosted its position in shares of Robert Half International by 3.0% during the 4th quarter. Advisor Partners LLC now owns 3,749 shares of the business services provider’s stock worth $419,000 after purchasing an additional 109 shares during the period. Finally, Greenleaf Trust boosted its position in Robert Half International by 4.4% in the 3rd quarter. Greenleaf Trust now owns 2,634 shares of the business services provider’s stock valued at $264,000 after buying an additional 111 shares during the period. 83.42% of the stock is owned by hedge funds and other institutional investors.
Shares of NYSE RHI traded down $2.73 during trading hours on Tuesday, reaching $108.56. 552,863 shares of the stock were exchanged, compared to its average volume of 848,425. The firm has a market capitalization of $12.02 billion, a price-to-earnings ratio of 20.29, a P/E/G ratio of 2.59 and a beta of 1.44. Robert Half International has a 52 week low of $80.94 and a 52 week high of $125.77. The stock’s fifty day simple moving average is $116.23 and its 200 day simple moving average is $113.19.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 15th. Stockholders of record on Friday, February 25th were issued a $0.43 dividend. The ex-dividend date of this dividend was Thursday, February 24th. This is an increase from Robert Half International’s previous quarterly dividend of $0.38. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.58%. Robert Half International’s payout ratio is 32.15%.
About Robert Half International (Get Rating)
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 services 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 professionals and full-time employees in the areas of platform systems integration to end-user technical and desktop support, including specialists in application development, networking and cloud, systems integration and deployment, database design and administration, and security and business continuity.
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