Zacks Research Reduces Earnings Estimates for Robert Half

Robert Half Inc. (NYSE:RHI) – Equities researchers at Zacks Research lowered their Q1 2027 earnings per share (EPS) estimates for shares of Robert Half in a research report issued on Thursday, November 12th. Zacks Research analyst Team now expects that the business services provider will post earnings of $0.30 per share for the quarter, down from their prior forecast of $0.32. The consensus estimate for Robert Half’s current full-year earnings is $1.29 per share. Zacks Research also issued estimates for Robert Half’s Q2 2027 earnings at $0.48 EPS, Q3 2027 earnings at $0.67 EPS, Q4 2027 earnings at $0.58 EPS and Q3 2028 earnings at $0.84 EPS.

A number of other equities analysts have also recently commented on RHI. BMO Capital Markets lifted their target price on shares of Robert Half from $47.00 to $50.00 and gave the stock an “outperform” rating in a research report on Monday, October 26th. Barclays boosted their price target on shares of Robert Half from $25.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Monday, October 26th. Truist Financial upped their price target on shares of Robert Half from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. The Goldman Sachs Group raised their price objective on Robert Half from $29.00 to $33.00 and gave the company a “sell” rating in a research note on Friday, October 23rd. Finally, Robert W. Baird set a $53.00 price objective on Robert Half in a report on Friday, October 23rd. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $40.75.

Robert Half Stock Performance

Shares of RHI opened at $41.95 on Friday. Robert Half has a fifty-two week low of $21.83 and a fifty-two week high of $47.14. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 34.89 and a beta of 0.76. The firm has a 50 day moving average price of $38.51 and a 200-day moving average price of $32.89.

Robert Half (NYSE:RHI) last issued its quarterly earnings results on Thursday, October 22nd. The business services provider reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Robert Half had a net margin of 2.30% and a return on equity of 9.89%. The business’s quarterly revenue was up .4% on a year-over-year basis. During the same period last year, the business earned $0.43 earnings per share.

Institutional Trading of Robert Half

Several large investors have recently modified their holdings of RHI. Provenance Wealth Advisors LLC purchased a new stake in Robert Half in the 3rd quarter worth approximately $31,000. Elevation Wealth Partners LLC increased its stake in shares of 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 buying an additional 975 shares during the period. Reyes Financial Architecture Inc. bought a new position in shares of Robert Half during the third quarter valued at approximately $36,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Robert Half during the second quarter valued at approximately $39,000. Finally, Quantbot Technologies LP purchased a new stake in Robert Half in the second quarter worth $39,000. 92.41% of the stock is owned by institutional investors.

Robert Half Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Wednesday, November 25th will be issued 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 Wednesday, November 25th. Robert Half’s dividend payout ratio is currently 195.04%.

About Robert Half

Robert Half, Inc. is a global talent solutions company that provides staffing and recruitment services to businesses and job seekers. It places professionals in temporary, project-based and permanent roles, with expertise in fields including finance and accounting, technology, marketing and creative, legal, and administrative support. The company also provides business and technology consulting through Protiviti, its consulting subsidiary. Protiviti advises organizations on areas such as risk management, internal audit, compliance, cybersecurity, technology and business performance.