Zacks Research Has Weak Forecast for Robert Half Q1 Earnings

Key Points

• Zacks Research has lowered its Q1 2026 earnings per share (EPS) estimate for Robert Half from $0.49 to $0.37, while the full-year earnings consensus remains at $2.48 per share.
• Robert Half recently reported Q2 earnings of $0.41 per share, exceeding estimates, but revenue fell by 7.0% year-over-year.
• The analysts have mixed ratings on Robert Half, with targets ranging from $40.00 to $55.00, reflecting a consensus "Hold" rating.

Robert Half Inc. (NYSE:RHI - Free Report) - Equities researchers at Zacks Research reduced their Q1 2026 earnings per share estimates for shares of Robert Half in a note issued to investors on Wednesday, August 13th. Zacks Research analyst R. Department now expects that the business services provider will post earnings per share of $0.37 for the quarter, down from their previous forecast of $0.49. The consensus estimate for Robert Half's current full-year earnings is $2.48 per share. Zacks Research also issued estimates for Robert Half's Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.64 EPS, Q4 2026 earnings at $0.67 EPS and Q1 2027 earnings at $0.68 EPS.

Several other analysts have also recently weighed in on the stock. JPMorgan Chase & Co. cut their price target on shares of Robert Half from $47.00 to $45.00 and set a "neutral" rating on the stock in a report on Thursday, July 24th. The Goldman Sachs Group decreased their price target on shares of Robert Half from $46.00 to $40.00 and set a "sell" rating for the company in a research note on Thursday, April 24th. Wall Street Zen upgraded shares of Robert Half from a "sell" rating to a "hold" rating in a report on Sunday, August 3rd. BNP Paribas Exane downgraded Robert Half from an "outperform" rating to a "neutral" rating and set a $45.00 target price on the stock. in a report on Friday, May 2nd. Finally, Barclays lowered their target price on Robert Half from $50.00 to $45.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Robert Half presently has an average rating of "Hold" and a consensus price target of $45.83.

Robert Half Price Performance

RHI traded up $0.4130 during midday trading on Thursday, reaching $36.2230. 483,458 shares of the company's stock traded hands, compared to its average volume of 1,713,475. Robert Half has a 52 week low of $33.18 and a 52 week high of $78.41. The firm has a fifty day moving average of $40.01 and a two-hundred day moving average of $47.30. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 20.69 and a beta of 1.02.

Robert Half (NYSE:RHI - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The firm had revenue of $1.37 billion for the quarter, compared to analysts' expectations of $1.35 billion. Robert Half had a net margin of 3.20% and a return on equity of 13.00%. The company's revenue for the quarter was down 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.66 earnings per share.

Institutional Trading of Robert Half

Institutional investors have recently bought and sold shares of the company. Quarry LP lifted its position in Robert Half by 540.8% in the 1st quarter. Quarry LP now owns 487 shares of the business services provider's stock valued at $27,000 after acquiring an additional 411 shares in the last quarter. GeoWealth Management LLC bought a new stake in Robert Half during the fourth quarter valued at about $35,000. Orion Capital Management LLC purchased a new position in shares of Robert Half during the 4th quarter valued at about $41,000. CX Institutional bought a new position in shares of Robert Half during the 1st quarter valued at approximately $33,000. Finally, Manchester Capital Management LLC increased its holdings in Robert Half by 45.0% in the 1st quarter. Manchester Capital Management LLC now owns 825 shares of the business services provider's stock worth $45,000 after acquiring an additional 256 shares in the last quarter. 92.41% of the stock is owned by hedge funds and other institutional investors.

Robert Half Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Monday, August 25th will be issued a dividend of $0.59 per share. The ex-dividend date is Monday, August 25th. This represents a $2.36 annualized dividend and a dividend yield of 6.5%. Robert Half's dividend payout ratio (DPR) is presently 134.86%.

About Robert Half

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.