Zacks Research Upgrades Robert Half (NYSE:RHI) to “Hold”

Robert Half (NYSE:RHI) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

RHI has been the subject of a number of other research reports. JPMorgan Chase & Co. reduced their price target on Robert Half from $47.00 to $45.00 and set a “neutral” rating for the company in a research report on Thursday, July 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Robert Half in a research report on Tuesday, October 14th. Truist Financial reduced their price target on Robert Half from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Finally, Wall Street Zen upgraded Robert Half from a “sell” rating to a “hold” rating in a research report on Sunday, August 3rd. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $45.00.

Robert Half Stock Performance

Robert Half stock opened at $29.60 on Tuesday. The company has a 50-day simple moving average of $34.80 and a 200-day simple moving average of $40.33. The firm has a market capitalization of $3.01 billion, a P/E ratio of 16.91 and a beta of 1.02. Robert Half has a one year low of $29.48 and a one year high of $78.41.

Robert Half (NYSE:RHI) last released its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $0.43 EPS for the quarter, hitting the consensus estimate of $0.43. Robert Half had a net margin of 3.20% and a return on equity of 13.00%. The firm’s revenue was down 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.64 earnings per share. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS. As a group, sell-side analysts forecast that Robert Half will post 2.48 earnings per share for the current year.

Institutional Investors Weigh In On Robert Half

Several hedge funds have recently modified their holdings of RHI. AQR Capital Management LLC lifted its holdings in shares of Robert Half by 190.5% during the second quarter. AQR Capital Management LLC now owns 6,201,209 shares of the business services provider’s stock valued at $254,560,000 after purchasing an additional 4,066,328 shares during the last quarter. Jupiter Asset Management Ltd. purchased a new stake in shares of Robert Half during the first quarter valued at $71,175,000. Qube Research & Technologies Ltd lifted its holdings in shares of Robert Half by 1,478.6% during the second quarter. Qube Research & Technologies Ltd now owns 1,145,456 shares of the business services provider’s stock valued at $47,021,000 after purchasing an additional 1,072,895 shares during the last quarter. Norges Bank purchased a new stake in shares of Robert Half during the second quarter valued at $43,804,000. Finally, Pzena Investment Management LLC raised its position in Robert Half by 80.3% during the second quarter. Pzena Investment Management LLC now owns 2,377,277 shares of the business services provider’s stock valued at $97,587,000 after buying an additional 1,058,569 shares during the period. 92.41% of the stock is owned by hedge funds and other institutional investors.

About Robert Half

Robert Half Inc provides talent solutions and business consulting services in North America, South America, Europe, Asia, and Australia. The company operates through Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti segments. The Contract Talent Solutions segment provides contract engagement professionals in the fields of finance and accounting, technology, marketing and creative, legal and administrative, and customer support.