RBC Capital analyst Seth Weber initiated Robert Half with a Sector Perform rating and a price target of $71. The analyst says that it is "hard to argue" with the company's "impressive return on invested capital" and "attractive position", but he also sees the stock becoming less attractive relative to "other staffers" after its strong last-twelve-months and year-to-date performance. Given his anticipated scenario of a slowing macro revenue trajectory, Weber sees Robert Half shares moving "closer to fair value".

Reports Q1 revenue $1.48B, consensus $1.49B. "Client and candidate caution continues to impact hiring activity and new project starts on a global basis. However, the trend toward stabilization that began in the second half of last year continued into the first quarter of this year," said CEO M. Keith Waddell. "Q1 results were largely in line with expectations, and we are encouraged that second-quarter earnings guidance, led by Protiviti, anticipates higher sequential earnings for the first time in seven quarters. We'd like to extend our gratitude to our employees across the globe, whose efforts made possible a number of recent prestigious accolades. Robert Half was among an elite few companies - and the only in our industry - to be honored as a Fortune Most Admired Company for 27 consecutive years. We were also recognized as one of Fortune's 100 Best Companies to Work For, Forbes America's Best Large Employers and, just this week, one of Forbes' Best Employers for Diversity".