Contract staffing
Search documents
Stable Demand, Slower Growth: Truist Weighs In on Robert Half’s (RHI) Outlook
Yahoo Finance· 2025-10-17 05:35
Core Insights - Robert Half Inc. (NYSE:RHI) has experienced a 53% decline in its share price in 2025, making it one of the 10 Best Beaten Down Dividend Stocks to Buy Right Now [1] - The company reported global enterprise revenue of $1.37 billion in Q2 2025, reflecting a 7% decline compared to the same period last year [2] - Truist Securities has lowered its price target for Robert Half to $50 from $55 while maintaining a Buy rating, indicating steady demand in the Human Capital sector despite no clear signs of recovery [3] Financial Performance - In Q2 2025, Robert Half's global enterprise revenue was $1.37 billion, which is a 7% decline year-over-year on both reported and adjusted bases [2] - The company has consistently raised its dividend for 21 consecutive years, currently paying a quarterly dividend of $0.59 per share, resulting in a dividend yield of 7.37% as of October 16 [4] Market Outlook - Global economic uncertainty has led to cautious behavior from clients and job seekers, resulting in longer decision-making processes and fewer hiring activities [2] - Discussions with private IT staffing companies indicate steady demand, although there is no clear sign of significant recovery in the market [3]