Despite Slight Fair Value Decrease, No Material Change in Our Long-Term Outlook for Robert Half

Robert Half remains one of the leading global staffing firms in a highly fragmented industry. The firm’s pricing power should persist, given its deep penetration into the small-midsize-business market. Local and regional staffers can win business on the fringes, but Robert Half’s decades of industry knowledge and well-established client relationships are hefty barriers that should keep smaller competitors at bay.