Robert Half (NYSE:RHI) Stock Gets Price Target Boost from JPMorgan Chase & Co.

Robert Half (NYSE:RHI – Get Free Report) had its price objective raised by research analysts at JPMorgan Chase & Co. from $40.00 to $45.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has a “neutral” rating on the business services provider’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential downside of 0.62% from the company’s current price.

A number of other analysts have also issued reports on the stock. Robert W. Baird set a $53.00 target price on shares of Robert Half in a research note on Friday. Zacks Research raised shares of Robert Half from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. BMO Capital Markets upgraded Robert Half from a “market perform” rating to an “outperform” rating and set a $47.00 price target on the stock in a research note on Monday, July 27th. Jefferies Financial Group restated an “underperform” rating and set a $33.00 price target on shares of Robert Half in a research note on Friday. Finally, Weiss Ratings cut shares of Robert Half from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 9th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $38.50.

Read Our Latest Stock Analysis on RHI

Robert Half Price Performance

RHI stock traded up $7.60 during trading on Friday, reaching $45.28. The company had a trading volume of 2,515,795 shares, compared to its average volume of 2,595,011. Robert Half has a 52 week low of $21.83 and a 52 week high of $46.70. The business has a 50 day moving average of $38.75 and a 200 day moving average of $34.17. The company has a market cap of $4.63 billion, a P/E ratio of 39.48 and a beta of 0.84.

Robert Half (NYSE:RHI – Get Free Report) last released its quarterly earnings data on Thursday, October 22nd. The business services provider reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Robert Half had a return on equity of 9.18% and a net margin of 2.17%. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the prior year, the company posted $0.43 earnings per share. The business’s quarterly revenue was up .4% compared to the same quarter last year. Research analysts expect that Robert Half will post 1.27 earnings per share for the current year.

Institutional Trading of Robert Half

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in Robert Half in the 2nd quarter valued at $409,875,000. Pzena Investment Management LLC acquired a new stake in Robert Half during the second quarter worth approximately $191,025,000. Bank of America Corp DE purchased a new stake in Robert Half in the second quarter valued at approximately $38,460,000. Hawk Ridge Capital Management LP boosted its holdings in shares of Robert Half by 134.2% in the 1st quarter. Hawk Ridge Capital Management LP now owns 1,785,400 shares of the business services provider’s stock valued at $45,349,000 after purchasing an additional 1,023,000 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of Robert Half by 281.2% in the 1st quarter. First Trust Advisors LP now owns 1,333,720 shares of the business services provider’s stock worth $33,876,000 after purchasing an additional 983,842 shares during the period. 92.41% of the stock is owned by hedge funds and other institutional investors.

Robert Half News Summary

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

  • Positive Sentiment: Third-quarter earnings per share rose 14% year over year to $0.49, exceeding the $0.47 analyst consensus. Revenue reached $1.36 billion, in line with expectations, while revenue increased 0.4% from the prior-year period. Robert Half Beats Q3 Earnings Estimates
  • Positive Sentiment: Talent Solutions revenue grew 2% on an adjusted basis, while Talent Solutions and regulatory consulting reportedly supported stronger margins. These trends suggest demand is holding up better in higher-value and specialized services. Robert Half: 3 Key Takeaways for Long-Term Investors
  • Positive Sentiment: Analysts lifted their price targets after the quarterly results, reinforcing the market’s favorable interpretation of the earnings beat and the company’s margin performance. Robert Half Stock Rises as Analysts Lift Targets
  • Neutral Sentiment: Robert Half provided fourth-quarter 2026 earnings guidance. Investors will focus on whether the outlook confirms continued stabilization in staffing demand and sustains the recent margin gains. Robert Half Provides Fourth-Quarter Earnings Guidance
  • Negative Sentiment: Overall revenue growth remained modest and sales were merely in line with estimates, indicating that broad-based staffing demand has not yet fully recovered. The stock’s elevated valuation after its advance could also leave it sensitive to weaker guidance or disappointment in future quarters.

About Robert Half

(Get Free Report)

Robert Half Inc (NYSE: RHI) is a global talent solutions and business consulting company. Through its Robert Half brand, the company provides temporary, project-based and permanent staffing services, connecting employers with professionals in accounting and finance, administrative and customer support, technology, legal, and marketing and creative fields.

Robert Half also operates Protiviti, a global consulting firm that helps organizations address internal audit, risk and compliance, technology, business performance, and digital transformation challenges.

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Analyst Recommendations for Robert Half (NYSE:RHI)

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