Sweet Revenge Begins...RHI Downgraded... Stock Tumbles

Get new comments by email
You can cancel email alerts at anytime.
Comments (5)

Sweet Revenge in Bradford, Rhode Island

62 months ago

WallStreet is taking notice. 12 month taget is dropped $13. The sell off has started. Robert Half-wits are getting just what they deserve. Thank you all for your posts and keep your experiences coming...

RHI ROBERT HALF INTLM.JaffeS&P DOWNGRADES SHARES OF ROBERT HALF TO HOLD FROM STRONG BUY The shares are off 10% this morning as RHI posts Q1 EPS of $0.42 vs. $0.38, $0.04 below our forecast. Margins were a bit weaker than we expected, and performance in internal audit business was much softer than we projected. We are cutting our '07 EPS forecast by $0.15 to $1.85, and '08's by $0.25 to $2.10. We expect ongoing decelerating growth in staffing, while we see internal audit staying relatively soft. We are cutting our 12-month target price $13 to $37, or 20X '07 estimate, in line with peers.

- Was this comment helpful? Yes (3) / No Reply - Report abuse

Steve

62 months ago

And I am sure that this has nothing to do with a soft market. This is just a poorly run operation.

- Was this comment helpful? Yes / No (1) Reply - Report abuse

RHI employee in Pleasanton, California

62 months ago

Just so you all know, anyone that had invested in RHI stock has earned an average of 16-20% return on investment. This "analyst" projected the earnings to be at a certain amount, and RHI continued to have growth. If you LOOK at our financials, you will see that the company has an incredible cash stading, and this little drop in the stock price will hardly affect us. I actually encourage people to purchase RHI stock due to the fact that it is trading at such an undervalued amount!

- Was this comment helpful? Yes (1) / No Reply - Report abuse

Dee in Bay Shore, New York

61 months ago

RHI employee in Pleasanton, California said: Just so you all know, anyone that had invested in RHI stock has earned an average of 16-20% return on investment. This "analyst" projected the earnings to be at a certain amount, and RHI continued to have growth. If you LOOK at our financials, you will see that the company has an incredible cash stading, and this little drop in the stock price will hardly affect us. I actually encourage people to purchase RHI stock due to the fact that it is trading at such an undervalued amount!

This is not an honest company; they only recruit information for their books, and marketing.
Never finding jobs, and they drop you and stop communicating after they get your information. Also, they are part of Account temps company! All the same. Be aware!

- Was this comment helpful? Yes (1) / No (1) Reply - Report abuse

anonymous in Fort Worth, Texas

61 months ago

What are some of the bigger recruiter firms up in New York, that you have worked with?

- Was this comment helpful? Yes / No Reply - Report abuse

» Sign in or create an account to comment on this topic.