In a report released today, Manav Patnaik from Barclays maintained a Sell rating on Robert Half (RHI – Research Report), with a price target of $70.00. The company’s shares closed yesterday at $70.60.
According to TipRanks, Patnaik is a 5-star analyst with an average return of 10.8% and a 62.79% success rate. Patnaik covers the Industrials sector, focusing on stocks such as WillScot Mobile Mini Holdings, Equifax, and Thomson Reuters.
Robert Half has an analyst consensus of Moderate Sell, with a price target consensus of $70.50.
Based on Robert Half’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.56 billion and a net profit of $95.55 million. In comparison, last year the company earned a revenue of $1.83 billion and had a net profit of $166.21 million
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RHI in relation to earlier this year.
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Robert Half (RHI) Company Description:
Robert Half International, Inc. engages in the provision of staffing and risk consulting services. It operates through the following segments: Temporary and Consultant Staffing, Permanent Placement Staffing and Risk Consulting & Internal Audit Services. The Temporary and Consultant Staffing segment offers staffing in the accounting and finance, administrative and office, information technology, legal, advertising, marketing, and web design fields. The Permanent Placement Staffing segment provides full-time personnel in the accounting, finance, administrative & office and information technology fields. The Risk Consulting and Internal Audit Services segment comprises business and technology risk consulting and internal audit services. The company was founded by Robert Half in 1948 and is headquartered in Menlo Park, CA.
