Zacks Research Has Weak Estimate 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) - Research analysts at Zacks Research dropped their Q1 2026 EPS estimates for shares of Robert Half in a research report issued 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 prior 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.

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

Several other brokerages have also commented on RHI. BNP Paribas lowered shares of Robert Half from an "outperform" rating to a "neutral" rating and set a $45.00 target price on the stock. in a research report on Friday, May 2nd. BNP Paribas Exane lowered shares of Robert Half from an "outperform" rating to a "neutral" rating and set a $45.00 target price on the stock. in a research report on Friday, May 2nd. Barclays decreased their target price on shares of Robert Half from $50.00 to $45.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. The Goldman Sachs Group cut their price target on Robert Half from $46.00 to $40.00 and set a "sell" rating for the company in a research note on Thursday, April 24th. Finally, Truist Financial set a $55.00 price target on Robert Half and gave the stock a "buy" rating in a research note on Thursday, April 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $45.83.

Robert Half Price Performance

Shares of NYSE RHI traded down $1.01 during trading on Thursday, hitting $35.65. 238,745 shares of the company were exchanged, compared to its average volume of 1,710,948. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 20.32 and a beta of 1.02. Robert Half has a 1 year low of $33.18 and a 1 year high of $78.41. The firm's fifty day moving average price is $40.49 and its 200 day moving average price is $48.24.

Institutional Trading of Robert Half

A number of institutional investors have recently modified their holdings of RHI. Quarry LP raised its position in shares of 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 purchasing an additional 411 shares in the last quarter. GeoWealth Management LLC bought a new position in shares of Robert Half in the fourth quarter worth $35,000. Orion Capital Management LLC bought a new position in Robert Half during the fourth quarter valued at about $41,000. CX Institutional bought a new position in Robert Half during the first quarter valued at about $33,000. Finally, Manchester Capital Management LLC boosted its position in shares of Robert Half by 45.0% in the 1st quarter. Manchester Capital Management LLC now owns 825 shares of the business services provider's stock valued at $45,000 after purchasing an additional 256 shares during the period. Hedge funds and other institutional investors own 92.41% of the company's stock.

Robert Half Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 6.6%. Robert Half's payout ratio 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.

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