Texas (September 26, 2013) Wax Ink has issued a No Investment Interest opinion for Robert Half International (NYSE: RHI) based on a recent baseline equity review which placed fair value between $33-$40.
No investment interest means that the current risk reward ratio is neither favorable or unfavorable for investment interest at this time.
The recent close of $39.01 is approximately 95% above the fair value buy target for the stock and approximately 5% below the fair value close target for the stock. The recent close is also 4% below analysts' twelve-month $40.50 median price target for the stock.
The recent close represents an 48% increase in the one year price of the stock, while year-over-year sales increased 9%, year-over-year earnings increased 30%, and year-over-year debt increased 8%.
The stock currently has a trailing twelve-month PE Ratio of 21, and a PEG Ratio of 1.1 basis estimated forward earnings growth of 19.5%.
In the past 52 weeks, share prices have moved between a high of $39.23 and a low of $25.10, placing equilibrium at $36.23.
With the recent close, the stock is trading 0.5% below the 52 week high, 36% above the 52 week low, and 7% above equilibrium.
The three-month average daily trading volume for the stock is approximately 991,000 shares.
Robert Half International provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia.
The company's listed competitors include Adecco S.A., ManpowerGroup,and Randstad Holding NV.
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 13, 2012.
All prices are per share unless otherwise noted.
Wax Ink currently has no investment position in any company mentioned in this alert.
For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D.
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.