Q1 EPS Estimates for Robert Half Decreased by Zacks Research

Robert Half Inc. (NYSE:RHI) – Equities research analysts at Zacks Research decreased their Q1 2028 earnings estimates for shares of Robert Half in a research note issued on Thursday, August 13th. Zacks Research analyst Team now forecasts that the business services provider will post earnings of $0.39 per share for the quarter, down from their previous estimate of $0.67. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Robert Half’s current full-year earnings is $1.27 per share.

A number of other equities research analysts also recently commented on RHI. Truist Financial lifted their target price on Robert Half from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Robert W. Baird set a $47.00 price objective on shares of Robert Half in a research note on Monday, July 27th. Weiss Ratings raised shares of Robert Half from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, June 17th. William Blair raised shares of Robert Half from a “market perform” rating to an “outperform” rating in a report on Tuesday, April 21st. Finally, BMO Capital Markets upgraded shares of Robert Half from a “market perform” rating to an “outperform” rating and set a $47.00 target price for the company in a research report on Monday, July 27th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $34.75.

Robert Half Price Performance

Shares of RHI stock opened at $43.76 on Monday. The business has a fifty day moving average of $36.43 and a 200 day moving average of $29.94. The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 38.05 and a beta of 0.79. Robert Half has a 1 year low of $21.83 and a 1 year high of $44.47.

Robert Half (NYSE:RHI) last posted its quarterly earnings results on Thursday, July 23rd. The business services provider reported $0.26 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.26. The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Robert Half had a net margin of 2.17% and a return on equity of 9.18%. The business’s quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter last year, the company posted $0.41 earnings per share.

Hedge Funds Weigh In On Robert Half

Several large investors have recently made changes to their positions in RHI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Robert Half during the second quarter valued at $34,000. Gilpin Wealth Management LLC acquired a new position in shares of Robert Half in the fourth quarter worth about $27,000. Larson Financial Group LLC raised its position in shares of Robert Half by 321.0% in the fourth quarter. Larson Financial Group LLC now owns 1,002 shares of the business services provider’s stock worth $27,000 after acquiring an additional 764 shares during the period. Danske Bank A S purchased a new stake in shares of Robert Half during the 3rd quarter worth about $37,000. Finally, Elevation Wealth Partners LLC grew its position in shares of Robert Half by 605.6% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,136 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 975 shares during the period. 92.41% of the stock is currently owned by institutional investors and hedge funds.

Robert Half Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, August 25th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Tuesday, August 25th. Robert Half’s payout ratio is 205.22%.

Robert Half Company Profile

Robert Half International Inc, founded in 1948 by Robert Half, is a global professional staffing and consulting firm headquartered in Menlo Park, California. As a pioneer in specialized staffing, the company has built a reputation for matching skilled professionals with leading organizations across a range of industries. Robert Half’s shares trade on the New York Stock Exchange under the ticker RHI, reflecting its position as one of the longest‐standing and best‐known firms in the staffing sector.

The company offers a comprehensive suite of services, including temporary staffing, permanent placement, and consulting solutions.