FMP

FMP

Robert Half International Inc. (NYSE:RHI) Sees Positive Stock Movement Following Earnings Beat

  • Price Target Set: Tobey Sommer from Truist Financial has set a price target of $40 for NYSE:RHI, indicating a potential increase of 17.27%.
  • Earnings Report: RHI reported a quarterly EPS of 32 cents, surpassing expectations and leading to a 12.5% stock surge.
  • Future Guidance: Despite broad revenue declines, RHI's guidance for the first quarter of 2026 projects revenues above consensus, suggesting potential stabilization.

Robert Half International Inc. (NYSE:RHI) is a leading global staffing firm known for its talent solutions and consulting services. The company competes with other staffing giants like ManpowerGroup and Randstad. Recently, Tobey Sommer from Truist Financial set a bullish price target of $40 for RHI, suggesting a potential increase of 17.27% from its then-current price of $34.11.

Following the announcement of its fourth-quarter earnings, RHI's stock experienced a significant surge of 12.5%. The company reported a quarterly earnings per share (EPS) of 32 cents, which was 6.7% higher than analysts' expectations. Despite a year-over-year decline, RHI's revenue for the quarter was $1.3 billion, slightly above expectations, contributing to the stock's positive momentum.

RHI's guidance for the first quarter of 2026 projected revenues above the consensus at the midpoint, indicating potential stabilization. However, the company faced broad revenue declines across its talent solutions and Protiviti segments, with margins decreasing by 100 basis points. Despite these challenges, investors remained optimistic about the company's forward momentum.

Currently, RHI's stock is priced at $34.69, reflecting a significant increase of 28.05% with a change of $7.60. The stock has fluctuated between a low of $31.41 and a high of $34.72 today. Over the past year, RHI has reached a high of $66.25 and a low of $25.22. The company has a market capitalization of approximately $3.51 billion, with a trading volume of 5,569,590 shares today.