RHI Stock Summary and Trading Ideas (Robert Half | NYSE:RHI)

Robert Half Inc was founded in 1948, Robert Half provides temporary, permanent, and outcome-based staffing for both in-person and remote positions in the finance and accounting, technology, legal, marketing, and administrative fields. Its subsidiary consulting arm, Protiviti, specializes in technology, risk, auditing, and compliance matters. The firm generates of its sales inside the U.S. and is one of the specialized firms in the fragmented U.S. staffing industry. The firm generates annual revenue of around $7 billion.

Robert Half trades on the NYSE stock market under the symbol RHI.

As of April 18, 2024, RHI stock price climbed to $69.56 with 1,296,821 million shares trading.

RHI has a beta of 1.05, meaning it tends to be more sensitive to market movements. RHI has a correlation of 0.31 to the broad based SPY ETF.

RHI has a market cap of $7.32 billion. This is considered a Mid Cap stock.

Last quarter Robert Half reported $1 billion in Revenue and $.83 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.01.

In the last 3 years, RHI stock traded as high as $125.77 and as low as $64.65.

The top ETF exchange traded funds that RHI belongs to (by Net Assets): VTI, VOO, VB, SCHD, VBR.

RHI has underperformed the market in the last year with a price return of -6.1% while the SPY ETF gained +22.3%. RHI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.3% and -8.4%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

RHI support price is $68.23 and resistance is $70.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RHI stock will trade within this expected range on the day.