Robert Half (RHI) Projected to Post Quarterly Earnings on Wednesday

Robert Half (NYSE:RHI) is expected to be releasing its earnings data before the market opens on Wednesday, April 23rd. Analysts expect Robert Half to post earnings of $0.37 per share and revenue of $1.41 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Robert Half (NYSE:RHI) last posted its earnings results on Wednesday, January 29th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.01). Robert Half had a return on equity of 17.20% and a net margin of 4.34%. On average, analysts expect Robert Half to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Robert Half Price Performance

Shares of NYSE:RHI opened at $45.40 on Monday. The firm’s 50 day simple moving average is $53.97 and its 200 day simple moving average is $64.49. Robert Half has a fifty-two week low of $44.97 and a fifty-two week high of $78.41. The company has a market capitalization of $4.63 billion, a price-to-earnings ratio of 18.61 and a beta of 1.13.

Robert Half Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 5.20%. This is a boost from Robert Half’s previous quarterly dividend of $0.53. The ex-dividend date was Tuesday, February 25th. Robert Half’s dividend payout ratio (DPR) is currently 96.72%.

Analyst Ratings Changes

Several analysts recently commented on RHI shares. StockNews.com downgraded Robert Half from a “buy” rating to a “hold” rating in a research note on Tuesday, April 15th. Truist Financial dropped their price target on Robert Half from $90.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th. Barclays lowered their target price on Robert Half from $80.00 to $50.00 and set an “equal weight” rating for the company in a research note on Thursday, April 10th. BNP Paribas upgraded shares of Robert Half from an “underperform” rating to an “outperform” rating and set a $71.50 price target for the company in a report on Monday, February 10th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Robert Half from $69.00 to $65.00 and set a “neutral” rating for the company in a research report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $64.92.

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.