Professional
Added to YB: 2026-04-27
Pitch date: 2026-04-22
RHI [bullish]
Robert Half Inc.
-9.52%
current return
Author Info
No bio for this author
Company Info
Robert Half Inc. provides talent solutions and business consulting services in the United States and internationally.
Market Cap
$2.6B
Pitch Price
$28.90
Price Target
N/A
Dividend
9.22%
EV/EBITDA
18.69
P/E
19.76
EV/Sales
0.44
Sector
Professional Services
Category
dividend
Third Avenue Value Fund New Position: Robert Half Inc.
RHI (new position): Professional staffing (finance, tech, admin) + Protiviti consulting. 3yr cyclical downturn w/ temps at historic low workforce share. AI concerns overblown—professional judgment still needed, proprietary candidate data valuable. Fed data shows no AI impact on staffing yet. Debt-free, material FCF even in depressed ops. Mgmt strategically retaining recruiters vs 2yr ramp-up time. Trades low single-digit multiple of normalized FCF. 30+ yrs positive FCF, consistent returns to shareholders. Near-double-digit dividend yield.
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