Robert Half (RHI) Projected to Post Earnings on Tuesday

Robert Half (NYSE:RHI) is expected to release its earnings data before the market opens on Tuesday, February 4th. Analysts expect Robert Half to post earnings of $0.54 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Robert Half Price Performance

NYSE RHI opened at $70.11 on Tuesday. The firm’s 50-day moving average is $71.86 and its two-hundred day moving average is $67.88. Robert Half has a 12 month low of $57.05 and a 12 month high of $83.25. The stock has a market capitalization of $7.24 billion, a P/E ratio of 25.59 and a beta of 1.24.

Analyst Upgrades and Downgrades

A number of research firms have commented on RHI. Barclays raised shares of Robert Half from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $60.00 to $80.00 in a research report on Friday, January 3rd. BNP Paribas lowered shares of Robert Half from an “outperform” rating to an “underperform” rating and set a $64.00 price target on the stock. in a research note on Monday, December 16th. Truist Financial upgraded shares of Robert Half from a “hold” rating to a “buy” rating and boosted their price target for the stock from $62.00 to $90.00 in a research note on Friday, December 13th. Finally, JPMorgan Chase & Co. cut their price target on shares of Robert Half from $70.00 to $69.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $74.33.

Insider Buying and Selling

In related news, Director Dirk A. Kempthorne sold 1,032 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $74.35, for a total transaction of $76,729.20. Following the sale, the director now directly owns 12,310 shares in the company, valued at approximately $915,248.50. This represents a 7.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.00% of the company’s stock.

Robert Half Company Profile

Robert Half Inc provides talent solutions and business consulting services in North America, South America, Europe, Asia, and Australia. The company operates through Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti segments. The Contract Talent Solutions segment provides contract engagement professionals in the fields of finance and accounting, technology, marketing and creative, legal and administrative, and customer support.