Robert Half Inc (NYSE: RHI) is -14.63% lower on its value in year-to-date trading and has touched a low of $57.05 and a high of $83.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RHI stock was last observed hovering at around $58.36 in the last trading session, with the day’s gains setting it 1.79%.
Currently trading at $60.15, the stock is -7.20% and -12.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.62 million and changing 3.07% at the moment leaves the stock -10.18% off its SMA200. RHI registered -24.52% loss for a year compared to 6-month gain of -0.08%. The firm has a 50-day simple moving average (SMA 50) of $68.8792 and a 200-day simple moving average (SMA200) of $66.9691.
The stock witnessed a -14.37% loss in the last 1 month and extending the period to 3 months gives it a -21.27%, and is 1.40% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.52% over the week and 2.45% over the month.
Robert Half Inc (RHI) has around 116100 employees, a market worth around $6.15B and $5.80B in sales. Current P/E ratio is 24.64 and Fwd P/E is 16.50. Profit margin for the company is 4.34%. Distance from 52-week low is 5.43% and -27.75% from its 52-week high. The company has generated returns on investments over the last 12 months (16.26%).
with sales reaching $1.41B over the same period.The EPS is expected to grow by 5.19% this year, but quarterly earnings will post 1.41% year-over-year. Quarterly sales are estimated to shrink -4.32% in year-over-year returns.
Robert Half Inc (RHI) Top Institutional Holders
661.0 institutions hold shares in Robert Half Inc (RHI), with institutional investors hold 104.80% of the company’s shares. The shares outstanding are 102.20M, and float is at 99.06M with Short Float at 9.18%. Institutions hold 101.36% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 13.79 million shares valued at $882.23 million. The investor’s holdings represent 13.286% of the RHI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.05 million shares valued at $770.98 million to account for 11.6106 of the shares outstanding. The other top investors are BOSTON PARTNERS which holds 3.73 million shares representing 3.5917% and valued at over $238.49 million, while MAWER INVESTMENT MANAGEMENT LTD. holds 3.4998 of the shares totaling 3.63 million with a market value of $232.4 million.
Robert Half Inc (RHI) Insider Activity
The most recent transaction is an insider sale by Kempthorne Dirk A, the company’s Director. SEC filings show that Kempthorne Dirk A sold 1,032 shares of the company’s common stock on Nov 26 ’24 at a price of $74.35 per share for a total of $76729.0. Following the sale, the insider now owns 12310.0 shares.
Still, SEC filings show that on Aug 01 ’24, Kempthorne Dirk A (Director) disposed off 1,300 shares at an average price of $63.09 for $82015.0. The insider now directly holds 13,342 shares of Robert Half Inc (RHI).
