Robert Half (NYSE:RHI – Get Free Report) released its quarterly earnings results on Wednesday. The business services provider reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.05), Briefing.com reports. Robert Half had a net margin of 5.26% and a return on equity of 20.41%. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the previous year, the business earned $1.00 earnings per share. The firm’s revenue for the quarter was down 10.2% on a year-over-year basis.
Robert Half Stock Up 4.0 %
NYSE:RHI traded up $2.39 during mid-day trading on Friday, hitting $62.31. 2,117,257 shares of the stock traded hands, compared to its average volume of 1,274,214. The business’s 50-day moving average price is $64.40 and its 200 day moving average price is $72.69. The company has a market cap of $6.54 billion, a PE ratio of 18.66, a price-to-earnings-growth ratio of 5.04 and a beta of 1.25. Robert Half has a 12-month low of $57.05 and a 12-month high of $88.39.
Robert Half Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 24th were paid a dividend of $0.53 per share. The ex-dividend date was Thursday, May 23rd. This represents a $2.12 annualized dividend and a yield of 3.40%. Robert Half’s dividend payout ratio is currently 63.47%.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on Robert Half
Insider Activity at Robert Half
In related news, Director Dirk A. Kempthorne sold 2,221 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $69.66, for a total transaction of $154,714.86. Following the completion of the transaction, the director now owns 10,713 shares of the company’s stock, valued at $746,267.58. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 3.00% of the stock is owned by corporate insiders.
About Robert Half
Robert Half Inc provides talent solutions and business consulting services in North America, South America, Europe, Asia, and Australia. The company operates through Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti segments. The Contract Talent Solutions segment provides contract engagement professionals in the fields of finance and accounting, technology, marketing and creative, legal and administrative, and customer support.
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