Q1 EPS Estimates for Robert Half Decreased by Zacks Research

Key Points

• Zacks Research cut Robert Half’s Q1 2028 EPS estimate to $0.39 from $0.67, while maintaining a “Hold” rating. The current full-year consensus EPS estimate is $1.27.
• Analyst sentiment remains cautious, with three Buy, three Hold, and four Sell ratings producing a consensus “Reduce” rating and a $34.75 target price, below the stock’s $43.17 opening price.
• Robert Half’s latest quarterly results met EPS expectations at $0.26, but revenue declined 2.4% year over year to $1.34 billion. The company declared a $0.59 quarterly dividend, equivalent to a 5.5% annualized yield.

Robert Half Inc. (NYSE:RHI - Free Report) - Stock analysts at Zacks Research reduced their Q1 2028 EPS estimates for shares of Robert Half in a research report issued on Thursday, August 13th. Zacks Research analyst Team now expects that the business services provider will post earnings of $0.39 per share for the quarter, down from their previous estimate of $0.67. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Robert Half's current full-year earnings is $1.27 per share.

A number of other brokerages have also recently issued reports on RHI. Weiss Ratings upgraded Robert Half from a "sell (d)" rating to a "sell (d+)" rating in a report on Wednesday, June 17th. Truist Financial lifted their price objective on shares of Robert Half from $40.00 to $50.00 and gave the stock a "buy" rating in a research note on Wednesday, July 22nd. BMO Capital Markets upgraded shares of Robert Half from a "market perform" rating to an "outperform" rating and set a $47.00 price objective for the company in a report on Monday, July 27th. William Blair raised shares of Robert Half from a "market perform" rating to an "outperform" rating in a research note on Tuesday, April 21st. Finally, Robert W. Baird set a $47.00 target price on shares of Robert Half in a report on Monday, July 27th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, Robert Half presently has a consensus rating of "Reduce" and a consensus target price of $34.75.

Robert Half Trading Down 0.1%

NYSE RHI opened at $43.17 on Monday. Robert Half has a 12 month low of $21.83 and a 12 month high of $44.47. The stock has a 50-day simple moving average of $35.94 and a 200 day simple moving average of $29.72. The company has a market capitalization of $4.42 billion, a PE ratio of 37.54 and a beta of 0.79.

Robert Half (NYSE:RHI - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The business services provider reported $0.26 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.26. Robert Half had a return on equity of 9.18% and a net margin of 2.17%.The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the company earned $0.41 EPS. The firm's revenue was down 2.4% on a year-over-year basis.

Hedge Funds Weigh In On Robert Half

Several institutional investors have recently modified their holdings of the business. Man Group plc acquired a new position in shares of Robert Half in the 2nd quarter valued at approximately $672,000. Jupiter Topco LLC acquired a new stake in Robert Half during the 2nd quarter worth approximately $1,264,000. Stanley Capital Management LLC bought a new position in Robert Half in the second quarter valued at approximately $14,751,000. Hsbc Holdings PLC bought a new position in Robert Half in the second quarter valued at approximately $1,252,000. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Robert Half in the second quarter valued at approximately $6,662,000. Institutional investors own 92.41% of the company's stock.

Robert Half Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, August 25th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, August 25th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 5.5%. Robert Half's dividend payout ratio (DPR) is currently 205.22%.

Trending Headlines about Robert Half

Here are the key news stories impacting Robert Half this week:

• Positive Sentiment: Zacks raised its EPS forecasts for the second quarter of fiscal 2027 to $0.47 from $0.46 and for the third quarter of fiscal 2027 to $0.64 from $0.57, suggesting some improvement is expected later in the forecast period.
• Neutral Sentiment: Zacks kept its broader earnings outlook at $2.00 EPS for fiscal 2027 and projects $2.45 EPS for fiscal 2028. The firm’s current-year consensus estimate remains $1.29 per share, while its overall Hold rating signals limited conviction in a near-term upside catalyst.
• Negative Sentiment: Zacks reduced its fiscal 2026 EPS estimate to $1.27 from $1.32, cut fourth-quarter 2026 EPS to $0.40 from $0.44, and lowered first-quarter 2027 EPS to $0.32 from $0.43. These revisions indicate softer near-term profitability expectations.
• Negative Sentiment: The firm also cut its second-quarter 2028 EPS forecast to $0.56 from $0.64 and fiscal 2028 EPS to $2.45 from $2.77. The sizable long-term reduction may weigh on valuation, particularly because Robert Half’s shares are trading near their 52-week high and at an elevated earnings multiple.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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