Many investors define successful investing as beating the market average over the long term. But the risk of stock...
Hays and Robert Walters warned of near-term challenges on Tuesday as both UK recruiting firms posted a drop in first-quarter net fees reflecting weak client and candidate confidence. Hays shares were down 3.3%% and Robert Walters down 5.1% as of 0825 GMT in London as they joined peer PageGroup in reporting a tough start to 2024. "Client and candidate confidence is at low levels, which we expect to continue to be a headwind to fee income growth in the near-term," Robert Walters CEO Toby Fowlston said.
Key Insights Hays' estimated fair value is UK£1.04 based on 2 Stage Free Cash Flow to Equity Current share price of...