We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Robert Half's (RHI) Protiviti Snaps Up IAM Firm Identropy
Read MoreHide Full Article
Robert Half International Inc. (RHI - Free Report) shares have gained 20.2% over the past three months, outperforming the 15.3% rally of the Zacks S&P 500 composite.
The company’s wholly owned subsidiary Protiviti yesterday announced the acquisition of Texas-based security consulting company Identropy. Financial terms of the transaction have been kept under wraps.
Founded in 2006, Identropy provides advisory, implementation and managed services for identity and access management (“IAM”) and access governance solutions. The company with its team of 40 employees is now part of Protiviti’s Security and Privacy practice.
Buyout Enhances Protiviti’s IAM Potential
The acquisition adds IAM capabilities and strengthens Protiviti’s ability to deliver identity-centric cybersecurity services capable of tackling enterprise customers’ security challenges.
Ron Lefferts, managing director and global leader of Technology Consulting, Protiviti, said, “The combination of Identropy and Protiviti’s extensive knowledge and expertise will help corporate security teams that are already stretched thin to simplify, fortify and run their identity programs effectively.”
About Protiviti
The company is a global provider of risk consulting, internal audit and information technology consulting services. It currently has a strong market position and is a double-digit margin performer.
Protiviti’s revenues in the third quarter of 2020 came in at $321 million, up 4% year over year. Gross margin was 27.1% of revenues.
Zacks Rank and Stocks to Consider
Robert Half currently carries a Zacks Rank #3 (Hold).
The long-term expected earnings per share (three to five years) growth rate for Automatic Data Processing, Gartner and Insperity is 12%, 13.5% and 15%, respectively.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
Image: Bigstock
Robert Half's (RHI) Protiviti Snaps Up IAM Firm Identropy
Robert Half International Inc. (RHI - Free Report) shares have gained 20.2% over the past three months, outperforming the 15.3% rally of the Zacks S&P 500 composite.
The company’s wholly owned subsidiary Protiviti yesterday announced the acquisition of Texas-based security consulting company Identropy. Financial terms of the transaction have been kept under wraps.
Founded in 2006, Identropy provides advisory, implementation and managed services for identity and access management (“IAM”) and access governance solutions. The company with its team of 40 employees is now part of Protiviti’s Security and Privacy practice.
Buyout Enhances Protiviti’s IAM Potential
The acquisition adds IAM capabilities and strengthens Protiviti’s ability to deliver identity-centric cybersecurity services capable of tackling enterprise customers’ security challenges.
Ron Lefferts, managing director and global leader of Technology Consulting, Protiviti, said, “The combination of Identropy and Protiviti’s extensive knowledge and expertise will help corporate security teams that are already stretched thin to simplify, fortify and run their identity programs effectively.”
About Protiviti
The company is a global provider of risk consulting, internal audit and information technology consulting services. It currently has a strong market position and is a double-digit margin performer.
Protiviti’s revenues in the third quarter of 2020 came in at $321 million, up 4% year over year. Gross margin was 27.1% of revenues.
Zacks Rank and Stocks to Consider
Robert Half currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Zacks Business Services sector are Automatic Data Processing (ADP - Free Report) , Gartner, Inc. (IT - Free Report) and Insperity (NSP - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The long-term expected earnings per share (three to five years) growth rate for Automatic Data Processing, Gartner and Insperity is 12%, 13.5% and 15%, respectively.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>