Robert Half FY2025 EPS Estimate Reduced by William Blair

Key Points

• William Blair has reduced its FY2025 earnings estimate for Robert Half to $1.31 per share from $1.37, while the consensus estimate remains at $2.48 per share for the full year.
• Robert Half's Q3 earnings report revealed an EPS of $0.43, matching analyst expectations, but showing a 7.5% decline in revenue year-over-year.
• Several analysts have downgraded Robert Half, with Goldman Sachs and UBS both lowering their price targets to $27.00, indicating a pessimistic outlook for the stock.

Robert Half Inc. (NYSE:RHI - Free Report) - William Blair decreased their FY2025 earnings estimates for shares of Robert Half in a report issued on Thursday, October 23rd. William Blair analyst T. Romeo now forecasts that the business services provider will earn $1.31 per share for the year, down from their prior estimate of $1.37. The consensus estimate for Robert Half's current full-year earnings is $2.48 per share. William Blair also issued estimates for Robert Half's Q4 2025 earnings at $0.30 EPS.

Robert Half (NYSE:RHI - Get Free Report) last issued its earnings results on Wednesday, October 22nd. The business services provider reported $0.43 EPS for the quarter, hitting analysts' consensus estimates of $0.43. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.36 billion. Robert Half had a net margin of 2.85% and a return on equity of 11.65%. The company's revenue was down 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.64 earnings per share. Robert Half has set its Q4 2025 guidance at 0.250-0.350 EPS.

Several other equities research analysts have also weighed in on the company. Weiss Ratings reissued a "sell (d+)" rating on shares of Robert Half in a research report on Tuesday, October 14th. Zacks Research raised shares of Robert Half from a "strong sell" rating to a "hold" rating in a report on Tuesday. The Goldman Sachs Group reduced their price objective on shares of Robert Half from $31.00 to $27.00 and set a "sell" rating for the company in a research report on Thursday. UBS Group dropped their target price on shares of Robert Half from $30.00 to $27.00 and set a "sell" rating on the stock in a research report on Thursday. Finally, BMO Capital Markets reduced their price target on shares of Robert Half from $36.00 to $31.00 and set a "market perform" rating for the company in a research report on Thursday. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, Robert Half has an average rating of "Reduce" and a consensus target price of $38.25.

Robert Half Stock Performance

NYSE:RHI opened at $29.26 on Friday. The stock has a 50-day simple moving average of $34.66 and a 200-day simple moving average of $40.21. The stock has a market cap of $2.98 billion, a P/E ratio of 19.00 and a beta of 1.02. Robert Half has a 1 year low of $26.99 and a 1 year high of $78.41.

Institutional Investors Weigh In On Robert Half

Institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC boosted its stake in shares of Robert Half by 190.5% during the second quarter. AQR Capital Management LLC now owns 6,201,209 shares of the business services provider's stock worth $254,560,000 after buying an additional 4,066,328 shares during the period. State Street Corp raised its stake in Robert Half by 2.7% during the 2nd quarter. State Street Corp now owns 4,873,440 shares of the business services provider's stock valued at $200,055,000 after acquiring an additional 127,322 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Robert Half by 2.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,702,722 shares of the business services provider's stock worth $151,997,000 after acquiring an additional 84,545 shares during the period. Alliancebernstein L.P. grew its stake in shares of Robert Half by 1.6% in the 1st quarter. Alliancebernstein L.P. now owns 3,268,435 shares of the business services provider's stock valued at $178,293,000 after purchasing an additional 50,436 shares during the last quarter. Finally, Fiduciary Management Inc. WI increased its holdings in shares of Robert Half by 14.4% in the first quarter. Fiduciary Management Inc. WI now owns 2,576,782 shares of the business services provider's stock valued at $140,563,000 after purchasing an additional 325,241 shares during the period. 92.41% of the stock is owned by hedge funds and other institutional investors.

Robert Half Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, August 25th were paid a dividend of $0.59 per share. The ex-dividend date was Monday, August 25th. This represents a $2.36 dividend on an annualized basis and a yield of 8.1%. Robert Half's dividend payout ratio is currently 134.86%.

Robert Half Company Profile

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.

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