Robert Half Inc (RHI) is expecting -18.44% growth in the next quarter: What can investors do to maximize their returns?

Robert Half Inc (NYSE: RHI) kicked off on Monday, down -1.31% from the previous trading day, before settling in for the closing price of $64.83. Over the past 52 weeks, RHI has traded in a range of $61.07-$88.39.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 3.13%. While this was happening, its average annual earnings per share was recorded -23.74%. With a float of $101.77 million, this company’s outstanding shares have now reached $105.21 million.

Considering the fact that the conglomerate employs 132000 people, you should pay attention to its efficiency factor.

Robert Half Inc (RHI) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Staffing & Employment Services Industry. The insider ownership of Robert Half Inc is 3.01%, while institutional ownership is 86.60%. The most recent insider transaction that took place on May 08 ’24, was worth 154,704. In this transaction Director of this company sold 2,221 shares at a rate of $69.66, taking the stock ownership to the 10,713 shares. Before that another transaction happened on Mar 07 ’24, when Company’s Executive Vice President sold 7,500 for $80.46, making the entire transaction worth $603,460. This insider now owns 186,062 shares in total.

Robert Half Inc (RHI) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported 1 earnings per share (EPS), lower than consensus estimate (set at 1.14) by -0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.81 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -23.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.00% during the next five years compared to 1.65% growth over the previous five years of trading.

Robert Half Inc (NYSE: RHI) Trading Performance Indicators

Take a look at Robert Half Inc’s (RHI) current performance indicators. Last quarter, stock had a quick ratio of 1.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.09. Likewise, its price to free cash flow for the trailing twelve months is 13.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.34, a number that is poised to hit 0.71 in the next quarter and is forecasted to reach 3.96 in one year’s time.

Technical Analysis of Robert Half Inc (RHI)

Compared to the last year’s volume of 1.27 million, its volume of 1.88 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 76.16%. Additionally, its Average True Range was 1.38.

During the past 100 days, Robert Half Inc’s (RHI) raw stochastic average was set at 13.13%, which indicates a significant decrease from 65.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.05% in the past 14 days, which was lower than the 19.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $68.54, while its 200-day Moving Average is $76.37. Nevertheless, the first resistance level for the watch stands at $64.83 in the near term. At $65.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $66.61. If the price goes on to break the first support level at $63.06, it is likely to go to the next support level at $62.14. Should the price break the second support level, the third support level stands at $61.28.

Robert Half Inc (NYSE: RHI) Key Stats

The company with the Market Capitalisation of 6.71 billion has total of 104,933K Shares Outstanding. Its annual sales at the moment are 6,393 M in contrast with the sum of 411,150 K annual income. Company’s last quarter sales were recorded 1,476 M and last quarter income was 63,700 K.