The Price Target For Robert Half International Inc. (RHI)?

Robert Half International Inc. (NYSE:RHI) finished Friday with an addition of $1.97 to close at $112.63, an upside of 1.78 percent. An average of 655,180 shares of common stock have been traded in the last five days. There was a gain of $3.68 in the past week, and it reached a new high 48 times over the past 12 months. The last 20 days have seen an average of 675,935 shares traded, while the 50-day average volume stands at 594,738.

RHI stock has increased by 9.78% in the last month. The company shares reached their 1-month lowest point of $100.01 on 10/01/21. With the stock rallying to its 52-week high on 10/22/21, shares of the company touched a low of $48.29 and a high of $111.10 in 52 weeks. It has reached a new high 48 times so far this year and achieved 80.27% or $50.15 in price. In spite of this, the price is up 1.38% from the 52-week high.


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Insider Transactions

65 days have passed since Robert Half International Inc. (RHI) last reported insider trading activity. GLASS ROBERT W, who is Executive Vice President, most recently acquired $10,000 shares at $100.99 per share on Aug 19. In this transaction, the insider spent $1,009,938. President & CEO Staffing, GENTZKOW PAUL F, disposed of 100,000 shares at a price of $78.56 on Feb 26. The insider now owns more than $7,855,500 worth of shares. Prior to that, Executive Chairman MESSMER HAROLD M JR went on to Sale 100,000 shares at $81.33 each on Feb 24. An amount of $8,133,200 was transacted.

Valuation Metrics

Robert Half International Inc. (RHI) has a trailing price-to-earnings (P/E) ratio of 29.48, which compares with the 22.10 for the broader industry and 29.83 for the sector. In the last five years, Robert Half International Inc.’s PE ratio has ranged between 31.53 and 8.762. The stock’s beta is 1.58. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.29, the price-to-book (PB) ratio at 9.91, and the price-to-cash flow ratio at 58.81.

Robert Half International Inc. pays a $1.52 dividend per share annually. It offers a dividend yield of 1.35%. The company has a payout ratio of 37.40%. The company’s most recent quarterly dividend payment took place on Sep. 15, and it was $0.38 a share, without any change from last year. Its dividend has been increased for the last 17 consecutive years with the latest increase dividend $0.04 reported on Thursday February 11 2021.Dividends have grown by 41.67% each year over the last three years.

The quick ratio of Robert Half International Inc. for the three months ended June 29 was 1.70, and the current ratio was 1.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Robert Half International Inc.’s EBITDA margin for the year ending June 29 is 8.00%, while its operating margin for the same period stands at 10.70%. Its gross profit as reported stood at $2.01 billion compared to revenue of $5.11 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Robert Half International Inc.’s return on assets was 16.50%. For the broader industry, ROE averaged 3.67 over the past year.

Earnings Surprise

The analyst consensus anticipated Robert Half International Inc.’s latest quarter earnings to come in at $1.05 per share, but it turned out to be $1.33, a 26.70% surprise. For the quarter, EBITDA amounted to $221.74 million. Shareholders own equity worth $111.97 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Robert Half International Inc. (RHI) price momentum. RSI 9-day as of the close on 22 October was 73.75%, suggesting the stock is Overbought, with historical volatility in this time frame at 20.41%.

As of today, RHI’s price is $110.43 +3.38% or $3.68 from its 5-day moving average. RHI is currently trading +9.18% higher than its 20-day SMA and +24.84% higher than its 100-day SMA. However, the stock’s current price level is +9.81% above the SMA50 and +73.09% above the SMA200.

The stochastic %K and %D were 90.10% and 88.00%, respectively, and the average true range (ATR) was 2.35. With the 14-day stochastic at 91.44% and the average true range at 2.28, the RSI (14) stands at 69.74%. The stock has reached 1.81 on the 9-day MACD Oscillator while the 14-day reading was at 2.75.

Analyst Ratings

BofA Securities upgraded Robert Half International Inc. (NYSE: RHI) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Robert Half International Inc. (RHI) among analysts is Hold. According to current brokerage recommendations, 4 brokerage firms advise that investors sell RHI, while 3 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 4 others rate it as a “buy”.

What is RHI’s price target for the next 12 months?

Analysts predict a range of price targets between $70.00 and $133.00, with a median target of $112.50. Taking a look at these predictions, the average price target given by analysts for Robert Half International Inc. (RHI) stock is $106.90.

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