Robert Half Inc (RHI) is 4.25% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Tuesday, with Robert Half Inc (NYSE: RHI) stock price down -2.77% from the previous day of trading, before settling in for the closing price of $73.35. RHI’s price has ranged from $57.05 to $88.39 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 3.13%. Meanwhile, its annual earnings per share averaged -36.48%. With a float of $100.12 million, this company’s outstanding shares have now reached $105.21 million.

The extent of productivity of a business whose workforce counts for 132000 workers is very important to gauge. In terms of profitability, gross margin is 38.55%, operating margin of 3.35%, and the pretax margin is 6.84%.

Robert Half Inc (RHI) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Staffing & Employment Services Industry. The insider ownership of Robert Half Inc is 3.04%, while institutional ownership is 96.26%. The most recent insider transaction that took place on Aug 01 ’24, was worth 82,015. In this transaction Director of this company sold 1,300 shares at a rate of $63.09, taking the stock ownership to the 13,342 shares. Before that another transaction happened on Aug 01 ’24, when Company’s Director proposed sale 1,300 for $64.62, making the entire transaction worth $84,006.

Robert Half Inc (RHI) Latest Financial update

In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.83 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.56 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -36.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.00% 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

Here are Robert Half Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.25. Likewise, its price to free cash flow for the trailing twelve months is 23.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.74, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 2.93 in one year’s time.

Technical Analysis of Robert Half Inc (RHI)

The latest stats from [Robert Half Inc, RHI] show that its last 5-days average volume of 1.02 million was inferior to 1.39 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 30.09%. Additionally, its Average True Range was 1.65.

During the past 100 days, Robert Half Inc’s (RHI) raw stochastic average was set at 71.07%, which indicates a significant increase from 39.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.83% in the past 14 days, which was higher than the 31.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $68.41, while its 200-day Moving Average is $69.20. Now, the first resistance to watch is $72.26. This is followed by the second major resistance level at $73.19. The third major resistance level sits at $73.73. If the price goes on to break the first support level at $70.78, it is likely to go to the next support level at $70.24. The third support level lies at $69.31 if the price breaches the second support level.

Robert Half Inc (NYSE: RHI) Key Stats

With a market capitalization of 7.36 billion, the company has a total of 103,251K Shares Outstanding. Currently, annual sales are 6,393 M while annual income is 411,150 K. The company’s previous quarter sales were 1,465 M while its latest quarter income was 65,450 K.