Robert Half: Healthy 1Q Growth a Further Sign of Broad-Based Cyclical Upturn; Raising Our FVE
We plan to raise our fair value estimate to roughly $62 per share from $60 previously for narrow-moat professional staffer Robert Half on continued signs of broad-based demand improvement and our more optimistic earnings forecast.ÂOur higher valuation reflects rising business optimism and sizable corporate tax relief (we forecast a 10-percentage-point decline in Robert Half’s income tax accrual rate in 2018 to roughly 28%), tempered by lingering concerns regarding U.S. customer demand. We thin...
Robert Half International provides staffing and risk consulting services. The company, through its Accountemps, Robert Half Finance & Accounting, and Robert Half Management Resources divisions, is a provider of temporary, full-time, and project personnel in accounting and finance fields. The company's OfficeTeam division places office and administrative personnel, ranging from executive and administrative assistants to receptionists and customer service representatives. The Robert Half Technology division provides information technology contract consultants, places employees, and provides managed services in areas ranging from multiple platform systems integration to end-user technical and desktop support.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.