Robert Half Inc (NYSE: RHI) is -38.42% lower on its value in year-to-date trading and has touched a low of $40.00 and a high of $78.41 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 $43.37 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $43.39, the stock is -5.83% and -14.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing 0.05% at the moment leaves the stock -31.13% off its SMA200. RHI registered -38.16% loss for a year compared to 6-month loss of -35.79%.
The stock witnessed a -8.29% gain in the last 1 month and extending the period to 3 months gives it a -30.06%, and is -2.05% down 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 2.68% over the week and 4.38% over the month.
Robert Half Inc (RHI) has around 116100 employees, a market worth around $4.43B and $5.67B in sales. Current P/E ratio is 21.66 and Fwd P/E is 15.89. Profit margin for the company is 3.62%. Distance from 52-week low is 8.47% and -44.66% from its 52-week high. The company has generated returns on investments over the last 12 months (13.79%).
The EPS is expected to shrink by -26.60% this year
The shares outstanding are 102.16M, and float is at 98.83M with Short Float at 8.48%.
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 13.368 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 11.6822 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).
