Robert Half Inc (NYSE: RHI) is -36.84% 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 $44.38 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $44.50, the stock is -3.50% and -5.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.8 million and changing 0.27% at the moment leaves the stock -27.32% off its SMA200. RHI registered -29.61% loss for a year compared to 6-month loss of -40.18%. The firm has a 50-day simple moving average (SMA 50) of $46.8812 and a 200-day simple moving average (SMA200) of $61.2302.
The stock witnessed a -1.83% gain in the last 1 month and extending the period to 3 months gives it a -18.30%, and is -0.69% 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 1.75% over the week and 2.34% over the month.
Robert Half Inc (RHI) has around 116100 employees, a market worth around $4.55B and $5.67B in sales. Current P/E ratio is 22.22 and Fwd P/E is 16.61. Profit margin for the company is 3.62%. Distance from 52-week low is 11.25% and -43.25% 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 -29.18% this year.
Robert Half Inc (RHI) Top Institutional Holders
623.0 institutions hold shares in Robert Half Inc (RHI), with institutional investors hold 105.01% of the company’s shares. The shares outstanding are 102.16M, and float is at 98.78M with Short Float at 11.55%. Institutions hold 101.55% 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 13.368% 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).
