Zacks Research Has Negative View of Robert Half Q1 Earnings

Robert Half Inc. (NYSE:RHI) – Research analysts at Zacks Research cut their Q1 2028 earnings per share estimates for Robert Half in a research report issued to clients and investors on Thursday, August 13th. Zacks Research analyst Team now expects that the business services provider will earn $0.39 per share for the quarter, down from their prior forecast of $0.67. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Robert Half’s current full-year earnings is $1.27 per share.

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, meeting the consensus estimate of $0.26. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.32 billion. Robert Half had a net margin of 2.17% and a return on equity of 9.18%. Robert Half’s revenue was down 2.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 EPS.

RHI has been the subject of several other reports. The Goldman Sachs Group boosted their target price on shares of Robert Half from $26.00 to $29.00 and gave the stock a “sell” rating in a research report on Friday, July 24th. William Blair raised shares of Robert Half from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Weiss Ratings raised Robert Half from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, June 17th. Truist Financial increased their price objective on Robert Half from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Finally, 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 research report on Monday, July 27th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $34.75.

Robert Half Trading Down 2.0%

Robert Half stock opened at $42.36 on Monday. Robert Half has a 1-year low of $21.83 and a 1-year high of $44.47. The firm has a market capitalization of $4.34 billion, a price-to-earnings ratio of 36.84 and a beta of 0.79. The firm’s fifty day moving average price is $36.16 and its two-hundred day moving average price is $29.82.

Robert Half Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, August 25th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Tuesday, August 25th. Robert Half’s payout ratio is presently 205.22%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Larson Financial Group LLC grew its stake in shares of Robert Half by 321.0% during the 4th 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. Gilpin Wealth Management LLC bought a new stake in Robert Half in the 4th quarter valued at about $27,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Robert Half during the second quarter valued at about $34,000. Elevation Wealth Partners LLC lifted its holdings in Robert Half by 605.6% during the second quarter. Elevation Wealth Partners LLC now owns 1,136 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 975 shares during the last quarter. Finally, Fifth Third Bancorp boosted its position in Robert Half by 94.3% during the fourth quarter. Fifth Third Bancorp now owns 1,368 shares of the business services provider’s stock worth $37,000 after purchasing an additional 664 shares during the period. Hedge funds and other institutional investors own 92.41% of the company’s stock.

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.