Robert Half Inc (RHI) stock: 12-month forecast projects 0.57% potential return%

A share price of Robert Half Inc [RHI] is currently trading at $68.28, up 2.22%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RHI shares have gain 7.94% over the last week, with a monthly amount glided 9.93%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Robert Half Inc [NYSE: RHI] stock has seen the most recent analyst activity on June 11, 2024, when Exane BNP Paribas upgraded its rating to a Outperform but kept the price target unchanged to $80 for it. Previously, Truist upgraded its rating to Hold on April 22, 2024, and kept the price target unchanged to $72. On November 07, 2023, UBS initiated with a Sell rating and assigned a price target of $60 on the stock. Redburn started tracking the stock assigning a Neutral rating and suggested a price target of $76 on June 20, 2023. UBS initiated its recommendation with a Buy and recommended $82 as its price target on June 01, 2023. Exane BNP Paribas started tracking with a Underperform rating for this stock on January 05, 2023, and assigned it a price target of $70.

Robert Half Inc experienced fluctuations in its stock price throughout the past year between $57.05 and $88.39. Currently, Wall Street analysts expect the stock to reach $68.67 within the next 12 months. Robert Half Inc [NYSE: RHI] shares were valued at $68.28 at the most recent close of the market. An investor can expect a potential return of 0.57% based on the average RHI price forecast.

Analyzing the RHI fundamentals

Trailing Twelve Months sales for Robert Half Inc [NYSE:RHI] were 5.99B which represents -10.18% decline. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.2 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 66.98 points at the first support level, and at 65.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 69.14, and for the 2nd resistance point, it is at 70.00.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Robert Half Inc [NYSE:RHI] is 1.74. Also, the Quick Ratio is 1.74, while the Cash Ratio stands at 0.43. Considering the valuation of this stock, the price to sales ratio is 1.19, the price to book ratio is 4.80 and price to earnings (TTM) ratio is 22.73.

Transactions by insiders

Recent insider trading involved Kempthorne Dirk A, Director, that happened on Aug 01 ’24 when 1300.0 shares were sold. Director, Dirk A. Kempthorne completed a deal on Aug 01 ’24 to buy 1300.0 shares. Meanwhile, Director Kempthorne Dirk A sold 2221.0 shares on May 08 ’24.

Related Posts