Robert Half Inc (NYSE: RHI)’s stock price has gone rise by 0.04 in comparison to its previous close of 70.12, however, the company has experienced a 0.82% increase in its stock price over the last five trading days. Seeking Alpha reported 2024-05-04 that The 4 Factor Dividend Growth Strategy – Minor Turbulence In April
Is It Worth Investing in Robert Half Inc (NYSE: RHI) Right Now?
The price-to-earnings ratio for Robert Half Inc (NYSE: RHI) is above average at 20.98x, Company’s 36-month beta value is 1.27.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for RHI is 101.81M, and currently, short sellers hold a 5.48% ratio of that floaft. The average trading volume of RHI on May 10, 2024 was 1.10M shares.
RHI’s Market Performance
The stock of Robert Half Inc (RHI) has seen a 0.82% increase in the past week, with a -3.86% drop in the past month, and a -12.91% fall in the past quarter. The volatility ratio for the week is 1.25%, and the volatility levels for the past 30 days are at 1.87% for RHI. The simple moving average for the past 20 days is -0.38% for RHI’s stock, with a -9.55% simple moving average for the past 200 days.
Analysts’ Opinion of RHI
Many brokerage firms have already submitted their reports for RHI stocks, with Truist repeating the rating for RHI by listing it as a “Hold.” The predicted price for RHI in the upcoming period, according to Truist is $72 based on the research report published on April 22, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see RHI reach a price target of $60. The rating they have provided for RHI stocks is “Sell” according to the report published on November 07th, 2023.
Redburn gave a rating of “Neutral” to RHI, setting the target price at $76 in the report published on June 20th of the previous year.
RHI Trading at -6.89% from the 50-Day Moving Average
After a stumble in the market that brought RHI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.64% of loss for the given period.
Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 1.25%, as shares sank -4.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.50% lower at present.
During the last 5 trading sessions, RHI rose by +0.82%, which changed the moving average for the period of 200-days by -12.54% in comparison to the 20-day moving average, which settled at $70.27. In addition, Robert Half Inc saw -20.21% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RHI starting from Kempthorne Dirk A, who sale 2,221 shares at the price of $69.66 back on May 08 ’24. After this action, Kempthorne Dirk A now owns 10,713 shares of Robert Half Inc, valued at $154,704 using the latest closing price.
GLASS ROBERT W, the Executive Vice President of Robert Half Inc, sale 7,500 shares at $80.46 during a trade that took place back on Mar 07 ’24, which means that GLASS ROBERT W is holding 186,062 shares at $603,460 based on the most recent closing price.
Stock Fundamentals for RHI
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.4 for the gross margin
The net margin for Robert Half Inc stands at 0.06. The total capital return value is set at 0.18. Equity return is now at value 22.63, with 12.16 for asset returns.
Based on Robert Half Inc (RHI), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 5.18.
Currently, EBITDA for the company is 430.82 million with net debt to EBITDA at -0.83. When we switch over and look at the enterprise to sales, we see a ratio of 1.15. The receivables turnover for the company is 7.14for trailing twelve months and the total asset turnover is 2.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.83.
Conclusion
In a nutshell, Robert Half Inc (RHI) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
