Robert Half Inc (NYSE: RHI) is -24.58% lower on its value in year-to-date trading and has touched a low of $51.55 and a high of $81.85 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 $53.84 in the last trading session, with the day’s loss setting it -0.7%.
Currently trading at $53.14, the stock is -4.23% and -13.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.98 million and changing -1.30% at the moment leaves the stock -18.85% off its SMA200. RHI registered -32.37% loss for a year compared to 6-month loss of -16.59%. The firm has a 50-day simple moving average (SMA 50) of $61.1162 and a 200-day simple moving average (SMA200) of $65.4834.
The stock witnessed a -11.48% gain in the last 1 month and extending the period to 3 months gives it a -28.33%, and is 0.11% 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 1.99% over the week and 2.71% over the month.
Robert Half Inc (RHI) has around 116100 employees, a market worth around $5.43B and $5.80B in sales. Current P/E ratio is 21.77 and Fwd P/E is 14.61. Profit margin for the company is 4.34%. Distance from 52-week low is 3.08% and -35.08% 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 4.99% this year, but quarterly earnings will post 1.45% year-over-year. Quarterly sales are estimated to shrink -4.32% in year-over-year returns.
Robert Half Inc (RHI) Top Institutional Holders
651.0 institutions hold shares in Robert Half Inc (RHI), with institutional investors hold 104.50% of the company’s shares. The shares outstanding are 102.20M, and float is at 99.06M with Short Float at 9.46%. Institutions hold 101.29% 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 3.6138% and valued at over $238.49 million, while MAWER INVESTMENT MANAGEMENT LTD. holds 3.5214 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).
