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: $71.08 to $72.70
• 50-Day Range: $62.00 to $76.80
• 52-Week Range: $57.05 to $88.39
• Volume: 788,236 shs
• Average Volume: 1.39 million shs
• Market Capitalization: $7.50 billion
• P/E Ratio: 26.50
• Dividend Yield: 2.92%
• Price Target: $69.00
• Consensus Rating: Hold

Robert Half Stock Analysis - MarketRank™

Robert Half scored higher than 82% of companies evaluated by MarketBeat, and ranked 65th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Robert Half has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Robert Half has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 15.10%

Earnings Growth

Earnings for Robert Half are expected to grow by 15.10% in the coming year, from $2.45 to $2.82 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Robert Half is 26.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of Robert Half is 26.50, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 45.90.

Price to Book Value per Share Ratio

Robert Half has a P/B Ratio of 4.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.85% 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 5.

Change versus previous month

Short interest in Robert Half has recently decreased by 0.85%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Robert Half pays a meaningful dividend of 2.89%, 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 77.37%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Robert Half will have a dividend payout ratio of 75.18% in the coming year. This indicates that Robert Half may not be able to sustain their current dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

5.85% 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 5.

Change versus previous month

Short interest in Robert Half has recently decreased by 0.85%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.38

News Sentiment

Robert Half has a news sentiment score of 0.38. 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 0.54 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Robert Half this week, compared to 7 articles on an average week.

Search Interest

12 people have searched for RHI on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Robert Half to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Robert Half insiders have not sold or bought any 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 beginning of the year. Since then, RHI stock has decreased by 17.4% and is now trading at $72.61.
View the best growth stocks for 2024 here.

How were Robert Half's earnings last quarter?

Robert Half Inc. (NYSE:RHI) announced its earnings results on Tuesday, October, 22nd. The business services provider reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.02. The business's revenue for the quarter was down 6.3% compared to the same quarter last year.
Read the conference call transcript.

Is Robert Half buying back stock?

Robert Half's Board of Directors initiated a share repurchase program on Thursday, February 9th 2023, which authorizes the company to repurchase 10,000,000 outstanding shares, according to EventVestor. This authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's board believes its shares are undervalued.

Does Robert Half have any subsidiaries?

The following companies are subsidiaries of Robert Half: Jersey Temporaries, Protiviti Consulting Private Limited, Protiviti EOOD, Protiviti GmbH, Protiviti Government Services, Protiviti Holdings Inc., Protiviti Hong Kong Co. Limited, and more.

Who are Robert Half's major shareholders?

Robert Half's top institutional shareholders include Mawer Investment Management Ltd. (4.53%), State Street Corp (3.38%), Charles Schwab Investment Management Inc. (3.18%) and Geode Capital Management LLC (1.99%). 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

• Ex-Dividend for 9/13 Dividend: 8/23/2024
• Dividend Payable: 9/13/2024
• Last Earnings: 10/22/2024
• Today: 11/21/2024
• Ex-Dividend for 12/13 Dividend: 11/25/2024
• Dividend Payable: 12/13/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Help supply 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: $69.00
• High Stock Price Target: $80.00
• Low Stock Price Target: $60.00
• Potential Upside/Downside: -5.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.74
• Trailing P/E Ratio: 26.50
• Forward P/E Ratio: 29.64
• P/E Growth: N/A
• Net Income: $411.15 million
• Net Margins: 4.84%
• Pretax Margin: 6.84%
• Return on Equity: 18.78%
• Return on Assets: 9.63%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.72
• Quick Ratio: 1.72

Sales & Book Value

• Annual Sales: $6.39 billion
• Price / Sales: 1.17
• Cash Flow: $4.76 per share
• Price / Cash Flow: 15.24
• Book Value: $15.00 per share
• Price / Book: 4.84

Miscellaneous

• Outstanding Shares: 103,250,000
• Free Float: 100,153,000
• Market Cap: $7.50 billion
• Optionable: Optionable
• Beta: 1.23