Robert Half (RHI)
NYSEIndustrialsStaffing & Employment ServicesSnapshot 2026-09-04
$42.58-0.98%
Close 2026-09-04 · 1-day change
NYSEIndustrialsStaffing & Employment ServicesSnapshot 2026-09-04
Intact: The reason to own it still holds.
Robert Half keeps paying a steady dividend of $0.59 per share. The company aims to grow revenue above $5.38 billion in 2025. Despite recent revenue decline, earnings per share beat estimates by 7.7% in Q1 2026. Operational cash flow improvement would support a recovery.
Revenue fell 4% year-over-year to $1.3 billion in Q1 2026. Cash from operations dropped from $182 million to negative $112 million. Analysts expect revenue growth of only 2.8% next year. The company faces high risk with a PE near 27 and weak cash flow.
The price is about 7% above our fair value near $33. Analysts expect modest 3% revenue growth. Our view is cautious given recent revenue decline and negative cash flow.
Breaks if: Dividend per share falls below $0.59 in next 4 quarters
Continue to pay consistent dividends to shareholders, reflecting stable capital allocation policy.
Maintained as a priority in 5 of last 5 quarters. Dividend per share consistently remained at $0.59 from 2025-Q2 through 2026-Q2, reflecting stable capital allocation and commitment to shareholder returns. The trajectory is delivering consistent dividend payments as stated.
“Dividend per share was $0.59.”
“Dividend per share was $0.59.”
“Dividend per share was $0.59.”
“Dividend per share was $0.59.”
“Dividend per share was $0.59.”
Breaks if: Cash from operations remains negative in next 4 quarters
Breaks if: Revenue falls below $5.0 billion in FY2025
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround scenario. RHI has been struggling with weak financial performance and high risk, but recent management focus on revenue growth and a leadership transition may provide a path forward.
The current valuation reflects a medium level of confidence with a slight premium compared to peers. The market seems to have priced in some fragility due to weak execution, but the expectations gap indicates that there are still opportunities for re-rating.
Management's focus on revenue growth is evident, although recent results show a slight decline in overall revenue. The near-term risk of missing guidance remains low, but past performance raises concerns about execution quality.
The long-term thesis hinges on the performance of sector bellwethers and RHI's ability to maintain revenue growth. Additionally, the impact of the leadership transition at Protiviti and any potential litigation developments will be crucial.
In the next 1 to 3 years, RHI's performance will depend on effective management execution and sector trends. Not investment advice.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.