Robert Half (RHI) shares recently crossed below the 200 DMA, resulting in an increase in stockholdings by JPMorgan Chase & Co. Amid declining revenues, RHI has been touted a good investment, with strong fundamentals despite a 35% loss suffered by investors who put their money into the company three years ago. RHI has been recognised by Forbes as a top employer and has witnessed upgrades from Barclays and Truist Financial. Despite entering the oversold territory, reports suggest that the company is preparing for Q3 earnings. Furthermore, a rise in its Q3 earnings has been projected, surpassing estimates. The turbulent market sees RHI as a defensive stock, even as revenue dropped 10.1%. The company's efforts in maintaining integrity in leadership have not been overlooked. It has been acknowledged for empowering women in the workspace, with its chief marketing officer making the 'Global Power 150 Women in Staffing' list. Besides this, its strategies on hiring surges and compensation trends have been commended. However, Robert Half is not without challenges, as it faces headwinds amid a tech push and a declining operating environment.
Robert Half RHI News Analytics from Thu, 21 May 2009 07:00:00 GMT to Fri, 10 Jan 2025 17:31:00 GMT -
Rating 2
- Innovation -2
- Information 6
- Rumor -4
