Robert Half (RHI) Stock Price, News & Analysis

Company Overview

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. This segment markets its services to clients and employment candidates through both national and local advertising activities, including radio, digital advertising, job boards, alliance partners, and events. The Permanent Placement Talent Solutions segment engages in the placement of full-time accounting, finance, and tax and accounting operations personnel. The Protiviti segment offers consulting services in the areas of internal audit, technology consulting, risk, and compliance consulting. It offers it services under the Robert Half brand name. The company was formerly known as Robert Half International Inc. and changed its name to Robert Half Inc. in July 2023. Robert Half Inc. was founded in 1948 and is headquartered in Menlo Park, California.

Key Stats

• Today's Range: $66.51 to $67.87
• 50-Day Range: $59.34 to $68.38
• 52-Week Range: $57.05 to $88.39
• Volume: 1.43 million shs
• Average Volume: 1.42 million shs
• Market Capitalization: $7.05 billion
• P/E Ratio: 22.41
• Dividend Yield: 3.15%
• Price Target: $67.86
• Consensus Rating: Hold

Robert Half Stock Analysis - MarketRank™

Robert Half scored higher than 93% of companies evaluated by MarketBeat, and ranked 7th out of 42 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Robert Half has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 3 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Robert Half has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 28.29%

Earnings Growth

Earnings for Robert Half are expected to grow by 28.29% in the coming year, from $2.51 to $3.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Robert Half is 22.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Robert Half is 22.41, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 481.19.

Price to Book Value per Share Ratio

Robert Half has a P/B Ratio of 4.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.68% of the float of Robert Half has been sold short.

Short Interest Ratio / Days to Cover

Robert Half has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in Robert Half has recently decreased by 15.61%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Robert Half pays a meaningful dividend of 3.13%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Robert Half has been increasing its dividend for 21 years.

Dividend Coverage

The dividend payout ratio of Robert Half is 63.47%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Robert Half will have a dividend payout ratio of 65.84% next year. This indicates that Robert Half will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.2 / 5
• Environmental Score: -0.25

Percentage of Shares Shorted

5.68% of the float of Robert Half has been sold short.

Short Interest Ratio / Days to Cover

Robert Half has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in Robert Half has recently decreased by 15.61%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.22

News Sentiment

Robert Half has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Robert Half this week, compared to 7 articles on an average week.

Search Interest

4 people have searched for RHI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

3 people have added Robert Half to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Robert Half insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $82,017.00 in company stock.

Percentage Held by Insiders

Only 3.00% of the stock of Robert Half is held by insiders.

Percentage Held by Institutions

92.41% of the stock of Robert Half is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RHI Stock Analysis - Frequently Asked Questions

How have RHI shares performed this year?

Robert Half's stock was trading at $87.92 at the start of the year. Since then, RHI shares have decreased by 23.5% and is now trading at $67.22.
View the best growth stocks for 2024 here.

How were Robert Half's earnings last quarter?

Robert Half Inc. (NYSE:RHI) posted its earnings results on Wednesday, July, 24th. The business services provider reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.71 by $0.05. The firm's quarterly revenue was down 10.2% compared to the same quarter last year.
Read the conference call transcript.

Is Robert Half buying back stock?

Robert Half's Board of Directors approved a share buyback plan on Thursday, February 9th 2023, which permits the company to repurchase 10,000,000 outstanding shares, according to EventVestor. This permits the company to buy shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.

Does Robert Half have any subsidiaries?

Robert Half subsidiaries include Jersey Temporaries, Protiviti Consulting Private Limited, Protiviti EOOD, Protiviti GmbH, Protiviti Government Services, Protiviti Holdings Inc., Protiviti Hong Kong Co. Limited, and others.

Who are Robert Half's major shareholders?

Top institutional shareholders of Robert Half include Swedbank AB (0.09%), JLB & Associates Inc. (0.05%), CWM LLC (0.03%) and Cardinal Capital Management (0.03%). Insiders that own company stock include Paul F Gentzkow, Robert W Glass and Dirk A Kempthorne.
View institutional ownership trends.

How do I buy shares of Robert Half?

Shares of RHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Robert Half own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Robert Half investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 7/24/2024
• Ex-Dividend for 9/13 Dividend: 8/23/2024
• Dividend Payable: 9/13/2024
• Today: 10/17/2024
• Next Earnings (Confirmed): 10/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Staffing & Employment Services
• Sub-Industry: Human Resource & Employment Services
• Current Symbol: NYSE:RHI
• CUSIP: 77032310
• CIK: 315213
• Web: www.roberthalf.com
• Phone: (650) 234-6000
• Fax: 650-234-6999
• Employees: 15,000
• Year Founded: 1948

Price Target and Rating

• Average Stock Price Target: $67.86
• High Stock Price Target: $80.00
• Low Stock Price Target: $60.00
• Potential Upside/Downside: +0.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.34
• Trailing P/E Ratio: 22.41
• Forward P/E Ratio: 26.78
• P/E Growth: N/A
• Net Income: $411.15 million
• Net Margins: 5.26%
• Pretax Margin: 7.41%
• Return on Equity: 20.41%
• Return on Assets: 10.61%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.76
• Quick Ratio: 1.76

Sales & Book Value

• Annual Sales: $5.99 billion
• Price / Sales: 1.18
• Cash Flow: $4.82 per share
• Price / Cash Flow: 13.95
• Book Value: $15.00 per share
• Price / Book: 4.48

Miscellaneous

• Outstanding Shares: 104,933,000
• Free Float: 100,935,000
• Market Cap: $7.05 billion
• Optionable: Optionable
• Beta: 1.23