Schroder Investment Management Group and the
Treasurer of the State of North Carolina hold substantial stock holdings in
Robert Half Inc. Notwithstanding this,
TD Asset Management Inc. and UBS Group AG have reduced their positions in the company. Companies like
Capital World Investors and
Norges Bank have shown confidence, purchasing significant shares of Robert Half. In terms of financial performance,
Q1 and Q4 earnings fell short of estimates, although they align with EPS projections, reflecting a revenue decline. The stock has been underperforming compared to competitors on multiple occasions, hitting new 52-week lows. However, the company's future financial prospects seem promosing due to resilient job market forecasts.
Robert Half's announcement of a larger dividend than last year and appointment of new executives suggest a positive outlook. Despite experiencing revenue dips, mostly due to cautious hiring trends, promotions within the company and release of ESG reports show a search for innovation. The staffing firm anticipates a positive backdrop going into 2024, despite facing a challenging operational environment due to staffing cycle issues.
Robert Half RHI News Analytics from Mon, 29 Jun 2020 21:23:58 GMT to Sun, 09 Jun 2024 14:05:43 GMT -
Rating 0
- Innovation 2
- Information 4
- Rumor -2
