Robert Half Inc
RHI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.@fpx% | LOCK|^Gv | LOCK|@%<!tyW> |
We Increase Our Fair Value Estimate After Robert Half Releases 10K
Business Strategy and Outlook
Robert Half should remain one of the leading global staffing firms in a highly fragmented industry. The company places skilled professionals in accounting, finance, and IT roles. We think its hold on small to midsize businesses or SMBs will persist, given its ability to fill open roles quickly and these SMBs' willingness to sign exclusive contracts. We believe this will yield greater profitability for Robert Half, despite operating in a highly cyclical industry.
