An In-Depth Look at Robert Half Inc’s (RHI) Stock Performance

The stock of Robert Half Inc (RHI) has seen a 0.70% increase in the past week, with a 5.38% gain in the past month, and a 1.87% flourish in the past quarter. The volatility ratio for the week is 1.86%, and the volatility levels for the past 30 days are at 1.96% for RHI. The simple moving average for the past 20 days is -0.05% for RHI’s stock, with a -4.61% simple moving average for the past 200 days.

Is It Worth Investing in Robert Half Inc (NYSE: RHI) Right Now?

The price-to-earnings ratio for Robert Half Inc (NYSE: RHI) is 22.35x, which is above its average ratio. Moreover, the 36-month beta value for RHI is 1.23. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 1 as “sell.”

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The public float for RHI is 100.90M and currently, short sellers hold a 5.68% of that float. On October 17, 2024, RHI’s average trading volume was 1.27M shares.

RHI) stock’s latest price update

Robert Half Inc (NYSE: RHI)’s stock price has plunge by -1.83relation to previous closing price of 68.39. Nevertheless, the company has seen a 0.70% surge in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-17 that Firm also recognized as a Leading Inclusion Index Company in the U.S. MENLO PARK, Calif., Oct. 17, 2024 /PRNewswire/ — Global consulting firm Protiviti has been named to the 2024 Seramount Global Inclusion Index in eight countries, including Australia, Hong Kong/China, Germany, India, Italy, Japan, The Netherlands and the United Kingdom.

Analysts’ Opinion of RHI

Many brokerage firms have already submitted their reports for RHI stocks, with Exane BNP Paribas repeating the rating for RHI by listing it as a “Outperform.” The predicted price for RHI in the upcoming period, according to Exane BNP Paribas is $80 based on the research report published on June 11, 2024 of the current year 2024.

Truist, on the other hand, stated in their research note that they expect to see RHI reach a price target of $72. The rating they have provided for RHI stocks is “Hold” according to the report published on April 22nd, 2024.

UBS gave a rating of “Sell” to RHI, setting the target price at $60 in the report published on November 07th of the previous year.

RHI Trading at 4.61% 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 -24.04% of loss for the given period.

Volatility was left at 1.96%, however, over the last 30 days, the volatility rate increased by 1.86%, as shares surge +1.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.42% upper at present.

During the last 5 trading sessions, RHI rose by +0.76%, which changed the moving average for the period of 200-days by -21.99% in comparison to the 20-day moving average, which settled at $67.18. In addition, Robert Half Inc saw -23.64% 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 1,300 shares at the price of $63.09 back on Aug 01 ’24. After this action, Kempthorne Dirk A now owns 13,342 shares of Robert Half Inc, valued at $82,015 using the latest closing price.

Dirk A. Kempthorne, the Director of Robert Half Inc, proposed sale 1,300 shares at $64.62 during a trade that took place back on Aug 01 ’24, which means that Dirk A. Kempthorne is holding shares at $84,006 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
  • 0.39 for the gross margin

The net margin for Robert Half Inc stands at 0.05. The total capital return value is set at 0.18. Equity return is now at value 20.27, with 10.48 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 -0.28. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 4.95.

Currently, EBITDA for the company is 430.82 million with net debt to EBITDA at -0.86. When we switch over and look at the enterprise to sales, we see a ratio of 1.12. The receivables turnover for the company is 6.7for trailing twelve months and the total asset turnover is 2.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.74.

Conclusion

To wrap up, the performance of Robert Half Inc (RHI) has been mixed in recent times. The stock has received a mixed of “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.

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