Robert Half (NYSE:RHI – Get Free Report) had its price objective lifted by analysts at JPMorgan Chase & Co. from $40.00 to $45.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the business services provider’s stock. JPMorgan Chase & Co.‘s price target indicates a potential downside of 0.62% from the company’s previous close.
Other equities research analysts have also issued research reports about the stock. Truist Financial increased their price objective on shares of Robert Half from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Zacks Research upgraded Robert Half from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. BMO Capital Markets raised Robert Half from a “market perform” rating to an “outperform” rating and set a $47.00 target price on the stock in a report on Monday, July 27th. Robert W. Baird set a $53.00 price objective on shares of Robert Half in a research note on Friday. Finally, Weiss Ratings downgraded Robert Half from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, October 9th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Robert Half currently has a consensus rating of “Hold” and a consensus price target of $38.50.
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Robert Half Stock Up 20.2%
NYSE RHI traded up $7.60 on Friday, reaching $45.28. 2,515,795 shares of the stock traded hands, compared to its average volume of 2,595,011. The firm’s fifty day simple moving average is $38.75 and its 200 day simple moving average is $34.17. Robert Half has a 12 month low of $21.83 and a 12 month high of $46.70. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 39.48 and a beta of 0.84.
Robert Half (NYSE:RHI – Get Free Report) last announced its earnings results on Thursday, October 22nd. The business services provider reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. Robert Half had a net margin of 2.17% and a return on equity of 9.18%. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the business earned $0.43 EPS. The company’s revenue was up .4% on a year-over-year basis. As a group, equities research analysts forecast that Robert Half will post 1.27 EPS for the current fiscal year.
Institutional Trading of Robert Half
A number of hedge funds have recently bought and sold shares of RHI. Elevation Wealth Partners LLC raised its position in Robert Half by 605.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,136 shares of the business services provider’s stock worth $35,000 after purchasing an additional 975 shares during the period. Reyes Financial Architecture Inc. purchased a new position in shares of Robert Half during the 3rd quarter worth approximately $36,000. Northwestern Mutual Wealth Management Co. bought a new stake in Robert Half during the second quarter worth about $39,000. Quantbot Technologies LP purchased a new stake in Robert Half during the 2nd quarter valued at about $39,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of Robert Half during the second quarter valued at $44,000. Institutional investors own 92.41% of the company’s stock.
Trending Headlines about Robert Half
Here are the key news stories impacting Robert Half this week:
- Positive Sentiment: Third-quarter earnings per share rose 14% year over year to $0.49, exceeding the $0.47 analyst consensus. Revenue reached $1.36 billion, in line with expectations, while revenue increased 0.4% from the prior-year period. Robert Half Beats Q3 Earnings Estimates
- Positive Sentiment: Talent Solutions revenue grew 2% on an adjusted basis, while Talent Solutions and regulatory consulting reportedly supported stronger margins. These trends suggest demand is holding up better in higher-value and specialized services. Robert Half: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: Analysts lifted their price targets after the quarterly results, reinforcing the market’s favorable interpretation of the earnings beat and the company’s margin performance. Robert Half Stock Rises as Analysts Lift Targets
- Neutral Sentiment: Robert Half provided fourth-quarter 2026 earnings guidance. Investors will focus on whether the outlook confirms continued stabilization in staffing demand and sustains the recent margin gains. Robert Half Provides Fourth-Quarter Earnings Guidance
- Negative Sentiment: Overall revenue growth remained modest and sales were merely in line with estimates, indicating that broad-based staffing demand has not yet fully recovered. The stock’s elevated valuation after its advance could also leave it sensitive to weaker guidance or disappointment in future quarters.
About Robert Half
Robert Half Inc (NYSE: RHI) is a global talent solutions and business consulting company. Through its Robert Half brand, the company provides temporary, project-based and permanent staffing services, connecting employers with professionals in accounting and finance, administrative and customer support, technology, legal, and marketing and creative fields.
Robert Half also operates Protiviti, a global consulting firm that helps organizations address internal audit, risk and compliance, technology, business performance, and digital transformation challenges.
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