The closing price of Robert Half Inc (NYSE: RHI) was $78.18 for the day, up 0.97% from the previous closing price of $77.43. In other words, the price has increased by $+0.75 from its previous closing price. On the day, 870329 shares were traded.
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Ratios:
Our analysis of RHI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on November 07, 2023, initiated with a Sell rating and assigned the stock a target price of $60.
On June 20, 2023, Redburn started tracking the stock assigning a Neutral rating and target price of $76.
On June 01, 2023, UBS started tracking the stock assigning a Buy rating and target price of $82.UBS initiated its Buy rating on June 01, 2023, with a $82 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 07 ’24 when GLASS ROBERT W sold 7,500 shares for $80.46 per share. The transaction valued at 603,460 led to the insider holds 186,062 shares of the business.
GLASS ROBERT W sold 15,365 shares of RHI for $1,251,616 on Nov 30 ’23. The Executive Vice President now owns 194,562 shares after completing the transaction at $81.46 per share. On Aug 29 ’23, another insider, GLASS ROBERT W, who serves as the Executive Vice President of the company, sold 14,751 shares for $75.15 each. As a result, the insider received 1,108,513 and left with 209,927 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RHI now has a Market Capitalization of 8.23B and an Enterprise Value of 7.74B. As of this moment, Robert’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.19, and their Forward P/E ratio for the next fiscal year is 17.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 5.18. Its current Enterprise Value per Revenue stands at 1.21 whereas that against EBITDA is 14.91.
Stock Price History:
Over the past 52 weeks, RHI has reached a high of $88.39, while it has fallen to a 52-week low of $64.65. The 50-Day Moving Average of the stock is 80.24, while the 200-Day Moving Average is calculated to be 78.20.
Shares Statistics:
RHI traded an average of 1.02M shares per day over the past three months and 1.29M shares per day over the past ten days. A total of 105.21M shares are outstanding, with a floating share count of 102.06M. Insiders hold about 2.99% of the company’s shares, while institutions hold 95.20% stake in the company. Shares short for RHI as of Feb 29, 2024 were 4.83M with a Short Ratio of 5.10, compared to 5.42M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.59% and a Short% of Float of 7.61%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.92, RHI has a forward annual dividend rate of 1.97. Against a Trailing Annual Dividend Yield of 2.48%, it implies a Forward Annual Dividend Yield of 2.71%. The stock’s 5-year Average Dividend Yield is 2.10. The current Payout Ratio is 49.54% for RHI, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Feb 22, 2024. Stock splits for the company last occurred on Jun 13, 2000 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 11 analysts. On average, analysts expect EPS of $0.61 for the current quarter, with a high estimate of $0.7 and a low estimate of $0.59, while EPS last year was $1.14. The consensus estimate for the next quarter is $0.8, with high estimates of $0.91 and low estimates of $0.69.
Analysts are recommending an EPS of between $3.75 and $2.86 for the fiscal current year, implying an average EPS of $3.37. EPS for the following year is $4.45, with 13 analysts recommending between $5.38 and $3.63.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $1.5B to a low estimate of $1.48B. As of the current estimate, Robert Half Inc’s year-ago sales were $1.72B, an estimated decrease of -13.30% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $1.53B, a decrease of -6.60% over than the figure of -$13.30% in the same quarter last year. There is a high estimate of $1.61B for the next quarter, whereas the lowest estimate is $1.48B.
A total of 12 analysts have provided revenue estimates for RHI’s current fiscal year. The highest revenue estimate was $6.53B, while the lowest revenue estimate was $5.95B, resulting in an average revenue estimate of $6.16B. In the same quarter a year ago, actual revenue was $6.39B, down -3.60% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $6.69B in the next fiscal year. The high estimate is $7.18B and the low estimate is $6.42B. The average revenue growth estimate for next year is up 8.70% from the average revenue estimate for this year.
