FY2028 EPS Estimates for Robert Half Cut by Zacks Research

Robert Half Inc. (NYSE:RHI) – Zacks Research lowered their FY2028 earnings per share estimates for shares of Robert Half in a research report issued on Thursday, May 14th. Zacks Research analyst Team now forecasts that the business services provider will post earnings per share of $2.77 for the year, down from their previous estimate of $3.25. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Robert Half’s current full-year earnings is $1.29 per share.

Robert Half (NYSE:RHI) last issued its earnings results on Thursday, April 23rd. The business services provider reported $0.14 EPS for the quarter, meeting analysts’ consensus estimates of $0.14. Robert Half had a return on equity of 10.14% and a net margin of 2.43%.The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same period in the previous year, the company posted $0.17 EPS. The firm’s revenue was down 3.8% compared to the same quarter last year.

A number of other analysts have also commented on RHI. BMO Capital Markets decreased their price objective on Robert Half from $35.00 to $32.00 and set a “market perform” rating for the company in a report on Tuesday, February 17th. JPMorgan Chase & Co. boosted their price objective on Robert Half from $29.00 to $31.00 and gave the stock a “neutral” rating in a report on Friday, January 30th. Weiss Ratings raised Robert Half from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Robert W. Baird set a $50.00 target price on Robert Half in a research note on Friday, January 30th. Finally, The Goldman Sachs Group boosted their target price on Robert Half from $24.00 to $27.00 and gave the stock a “sell” rating in a research note on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $31.75.

Robert Half Stock Performance

Shares of RHI opened at $25.70 on Monday. The stock has a 50 day moving average price of $25.34 and a two-hundred day moving average price of $26.57. The firm has a market capitalization of $2.63 billion, a P/E ratio of 19.77 and a beta of 0.80. Robert Half has a 52 week low of $21.83 and a 52 week high of $48.10.

Robert Half Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 22nd will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 9.2%. The ex-dividend date of this dividend is Friday, May 22nd. Robert Half’s dividend payout ratio is currently 181.54%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in RHI. Pzena Investment Management LLC boosted its position in Robert Half by 33.8% during the third quarter. Pzena Investment Management LLC now owns 3,179,968 shares of the business services provider’s stock valued at $108,055,000 after buying an additional 802,691 shares during the period. Evergreen Capital Management LLC purchased a new stake in Robert Half during the third quarter valued at about $1,204,000. Deprince Race & Zollo Inc. boosted its position in Robert Half by 40.8% during the fourth quarter. Deprince Race & Zollo Inc. now owns 2,440,961 shares of the business services provider’s stock valued at $66,297,000 after buying an additional 707,078 shares during the period. Frank Rimerman Advisors LLC purchased a new stake in Robert Half during the third quarter valued at about $1,860,000. Finally, AMG National Trust Bank purchased a new stake in Robert Half during the third quarter valued at about $1,372,000. Institutional investors own 92.41% of the company’s stock.

About Robert Half

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.