An Analysis Of Robert Half International Inc. (RHI)’s Weekly Performance

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As of Friday close, Robert Half International Inc.’s (NYSE:RHI) stock was down -$1.68, moving down -2.24 percent to $73.38. The average number of shares traded per day over the past five days has been 1,992,140 shares. 2 times new highs have been achieved over the past 5 days, with a -$4.03 fall in that time frame. In the last twenty days, the average volume was 1,162,115, while in the previous 50 days, it was 1,067,114.

Since last month, RHI stock retreated -13.09%. Shares of the company fell to $72.34 on 03/17/23, the lowest level in the past month. A 52-week high of $122.29 was reached on 02/03/23 after having rallying from a 52-week low of $65.40. Since the beginning of this year, RHI’s stock price has dropped by -0.61% or -$0.45, and marked a new high 15 times. However, the stock has declined by -39.99% since its 52-week high.

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RHI stock investors should be aware that Robert Half International Inc. (RHI) stock had its last reported insider trading activity 15 days ago on Mar 03. GLASS ROBERT W, the Executive Vice President of the company, disposed of 12,500 shares for $80.94 on Mar 03. It resulted in a $1,011,812 divestment by the insider. Kempthorne Dirk A sold 3,456 shares at an average price of $80.54 on Feb 22. The insider now owns 10,828 shares following the transaction. On Nov 11, Executive Vice President GLASS ROBERT W sold 15,000 shares at $80.84 apiece. The transaction was valued at $1,212,584.

Valuation Metrics

Right now, Robert Half International Inc. (RHI) has a P/E ratio of about 12.18. The stock’s beta is 1.33. Besides these, the trailing price-to-sales (P/S) ratio of 1.11, the price-to-book (PB) ratio of 5.01, and the price-to-cash flow ratio of 18.57 may also be considered.

The latest dividend of $0.48 per share was paid out, which is 11.63% more than last year’s $0.43. On Thursday February 9 2023, a $0.05 dividend increase was announced.

Financial Health

In the three months ended December 30, Robert Half International Inc.’s quick ratio stood at 1.90, while its current ratio was 1.90, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 42.70% percent. In the year ended December 30, operating margins totaled 12.30%. Based on annual data, RHI earned $3.09 billion in gross profit and brought in $7.24 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 41.40%. Return on equity (ROE) for the past 12 months was 44.00%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected Robert Half International Inc. to report $1.36 quarterly earnings, the actual figure was $1.37 per share, beating the consensus estimate by 0.70%. During the quarter, the company generated $219.09 million in EBITDA. The liabilities of Robert Half International Inc. were 1.4 billion at the end of its most recent quarter ended December 30, and its total debt was $237.85 million. The value of shareholders’ equity is $107.7 million.

Technical Picture

This quick technical analysis looks at Robert Half International Inc.’s (RHI) price momentum. With a historical volatility rate of 11.71%, the RSI 9-day stood at 16.10% on 17 March.

With respect to its five-day moving average, the current Robert Half International Inc. price is down by -5.21% percent or -$4.03. At present, RHI shares trade -11.48% below its 20-day simple moving average and +0.51% percent above its 100-day simple moving average. However, the stock is currently trading approximately -2.81% below its SMA50 and -18.60% below its SMA200.

Stochastic coefficient K was 12.93% and Stochastic coefficient D was 16.18%, while ATR was 2.22. Given the Stochastic reading of 10.50% for the 14-day period, the RSI (14) reading has been calculated as 26.86%. As of today, the MACD Oscillator reading stands at -2.71, while the 14-day reading stands at -4.01.

Analyst Ratings

Exane BNP Paribas launched its rating on Robert Half International Inc. (NYSE: RHI) to an Underperform in a note to investors on January 05, 2023. Robert Half International Inc. (RHI) has been rated Underweight by analysts. According to 6 brokerage firms, RHI is a sell, and 4 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 3 analysts rate Robert Half International Inc. stock as buy, with 1 recommending it as overweight.

With a median target price of $70.00, the current consensus forecast for the stock is $60.00 – $100.00. Based on these forecasts, analysts predict Robert Half International Inc. (RHI) will achieve an average price target of $73.64.

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