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Updated 1m ago
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Hays plcLSE:HAS Stock Report

Market Cap UK£1.0b
Updated 1m ago
Share Price
n/a
1Y17.1%
7D-0.8%
1D-1.1%
Portfolio Value
​
View

Hays plc

LSE:HAS Stock Report

Market Cap: UK£1.0b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Hays (HAS) Stock Overview

Engages in the provision of professional and skilled recruitment services in Germany, the United Kingdom, Ireland, Australia, New Zealand, and internationally. More details

HAS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Earnings are forecast to grow 92.07% per year

Trading at good value compared to peers and industry

Risk Analysis

Highly volatile share price over the past 3 months compared to the UK market


HAS Community Fair Values

Create Narrative

See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
17.3% overvalued intrinsic discount
AnalystConsensusTarget
•23d ago

HAS: Labor Market Recovery Will Drive Upside Following Recent Buyback Plan

229
0
8
AN
AnalystLowTarget
138.8% overvalued intrinsic discount
AnalystLowTarget
•1mo ago

Temp And Enterprise Shifts Will Shape Earnings Quality And Margins Over Time

16
0
0
AN
AnalystHighTarget
33.2% undervalued intrinsic discount
AnalystHighTarget
•9d ago

Temp And Contracting Expansion Will Drive A Powerful Earnings Recovery Ahead

28
0
0

Top Analyst Narratives

AN
AnalystConsensusTarget
17.3% overvalued intrinsic discount
AnalystConsensusTarget
•23d ago

HAS: Labor Market Recovery Will Drive Upside Following Recent Buyback Plan

229
0
8
AN
AnalystLowTarget
138.8% overvalued intrinsic discount
AnalystLowTarget
•1mo ago

Temp And Enterprise Shifts Will Shape Earnings Quality And Margins Over Time

16
0
0
AN
AnalystHighTarget
33.2% undervalued intrinsic discount
AnalystHighTarget
•9d ago

Temp And Contracting Expansion Will Drive A Powerful Earnings Recovery Ahead

28
0
0
View all narratives

Hays plc Competitors

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Market cap: UK£80.9m

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Market cap: UK£46.6m

Price History & Performance

Summary of share price highs, lows and changes for Hays
Historical stock prices
Current Share PriceUK£0.67
52 Week HighUK£0.78
52 Week LowUK£0.29
Beta0.89
1 Month Change-3.26%
3 Month Change86.84%
1 Year Change17.08%
3 Year Change-34.78%
5 Year Change-61.04%
Change since IPO59.17%

Recent News & Updates

User avatar
Narrative Update • Sep 04

HAS: Higher Revenue Assumptions And P/E Multiple Will Support Future Re Rating

Analysts have increased their price target on Hays to £8,500 from £6,000, citing updated fair value estimates, a revised discount rate, and changes to expected revenue growth, profit margins, and future P/E assumptions. What’s in the News for Hays No recent company specific news items for Hays are available from the provided sources as of 3 September 2026.
User avatar
Narrative Update • Aug 21

HAS: Elevated P/E And Thin Margins Will Pressure Shares Ahead

Analysts have raised their price target for Hays from £0.47 to £0.57, citing updated assumptions around revenue growth, profit margins, the discount rate, and future P/E as the key drivers of the change. What’s in the News for Hays No recent Hays specific news was identified in the provided sources as of 19 Aug 2026.

Recent updates

User avatar
Narrative Update • Sep 04

HAS: Higher Revenue Assumptions And P/E Multiple Will Support Future Re Rating

Analysts have increased their price target on Hays to £8,500 from £6,000, citing updated fair value estimates, a revised discount rate, and changes to expected revenue growth, profit margins, and future P/E assumptions. What’s in the News for Hays No recent company specific news items for Hays are available from the provided sources as of 3 September 2026.
User avatar
Narrative Update • Aug 21

HAS: Elevated P/E And Thin Margins Will Pressure Shares Ahead

Analysts have raised their price target for Hays from £0.47 to £0.57, citing updated assumptions around revenue growth, profit margins, the discount rate, and future P/E as the key drivers of the change. What’s in the News for Hays No recent Hays specific news was identified in the provided sources as of 19 Aug 2026.
User avatar
Narrative Update • Aug 07

HAS: Softer Revenue Outlook Will Pressure Margins Under New Leadership

Analysts have trimmed their price target on Hays to reflect a lower fair value estimate of £0.28, down from £0.50, citing a softer outlook for revenue growth, a reduced profit margin profile and a higher discount rate that offsets the effect of a slightly richer future P/E assumption. What’s in the News for Hays Hays plc appointed Mark Dearnley as Chief Executive Officer with immediate effect on 18 May 2026, following his period as interim CEO since 27 February 2026.
User avatar
Narrative Update • Jul 24

HAS: Downgrade And Weakening Margins Will Pressure Shares Despite New CEO

Analysts have trimmed their Hays price target to £0.41 from £0.47, citing a lower fair value estimate and expectations for a higher future P/E. The revision also reflects changes to discount rate, revenue growth and profit margin assumptions.
User avatar
Narrative Update • Jul 09

HAS: Discounted P E And Margin Resilience Could Drive Re Rating

Analysts have trimmed their fair value estimate and reduced the implied future P/E for Hays, cutting the consolidated price target by £0.40. This reflects a higher discount rate, more modest revenue growth expectations, and only a slight adjustment to long term profit margins following recent broker downgrades.
User avatar
Narrative Update • Jun 25

HAS: Recent Downgrade And New CEO Appointment Will Support Margin Stability

Analysts have trimmed their price targets on Hays, with recent cuts such as a £0.05 reduction highlighted in Street research. These changes reflect updated expectations for revenue trends, margins and valuation multiples.
User avatar
Narrative Update • Jun 10

HAS: Recent Downgrade And New CEO Appointment Will Support Earnings Recovery

Analysts have trimmed their fair value estimate for Hays from £0.42 to £0.41. This reflects recent price target cuts and more cautious assumptions on revenue trends, profit margins and future P/E multiples.
User avatar
Narrative Update • May 27

HAS: Recent Downgrade And New CEO Appointment Will Support Earnings Recovery

Analysts have trimmed their fair value estimate for Hays from £0.47 to £0.42. This reflects lower price targets after recent research updates that point to softer revenue trends, slightly weaker profit margins and a modestly higher required return, even as future P/E expectations remain broadly similar.
User avatar
Narrative Update • May 08

HAS: Recent Downgrade And Leadership Change Will Set Up Earnings Recovery

Analysts have reduced their price target on Hays by £0.05. This reflects a slightly lower fair value estimate, a modest adjustment to the discount rate and revenue outlook, and a lower assumed future P/E following recent target cuts and a downgrade from the Street.
User avatar
Narrative Update • Apr 21

HAS: Trimmed Expectations And Leadership Transition Will Underpin Future Earnings Recovery

Analysts have trimmed their price targets on Hays, including a £0.05 reduction reported in recent Street research. This reflects updated views on fair value, discount rate, revenue growth, profit margins and future P/E assumptions.
User avatar
Narrative Update • Apr 06

HAS: Lowered Street Expectations Will Set Up Future Earnings Recovery

Analysts have trimmed their average price targets on Hays to around £0.60. This reflects slightly higher discount rate assumptions, softer revenue expectations, modestly lower profit margin forecasts and a marginally higher future P/E, in line with recent downward revisions and rating changes across the Street.
User avatar
Narrative Update • Mar 23

HAS: Cyclical And Structural Pressures Will Set Up Future Earnings Recovery

Narrative update on Hays Analysts have cut Hays’ average price target by around £0.04. This reflects recent reductions in formal targets from firms such as Morgan Stanley, RBC Capital and Jefferies as they factor in tougher cyclical and structural conditions and a slightly higher assumed P/E multiple.
User avatar
Narrative Update • Mar 09

HAS: Lowered Expectations Will Support Future Earnings Rebound As Cyclical Pressures Ease

Narrative update on Hays The analyst price target for Hays has moved lower, with recent cuts of £0.06 and £0.10 and a reset to £0.44, as analysts factor in higher required returns, weaker revenue expectations, a different earnings path and a lower assumed future P/E of about 12x for the sector. Analyst Commentary Recent research on Hays has turned more cautious, with multiple firms trimming price targets and one moving to a more negative rating while setting a £0.44 target.
User avatar
Narrative Update • Feb 22

HAS: Lowered Expectations Will Support Future Rebound As Cyclical Pressures Ease

Narrative Update The analyst price target for Hays has been cut, with recent moves including reductions such as £0.06 and £0.10 alongside a downgrade to Underperform. Analysts point to ongoing cyclical headwinds combined with structural challenges that they state are expected to keep earnings subdued for longer.
Analysis Article • Feb 11

These Return Metrics Don't Make Hays (LON:HAS) Look Too Strong

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...
User avatar
Narrative Update • Feb 07

HAS: Higher Future P/E Assumptions Will Offset Sector Headwinds

Analysts have trimmed their price targets for Hays by £0.06 to reflect slightly higher discount rate assumptions and ongoing sector headwinds highlighted in recent research, including multiple target cuts and a downgrade to Underperform. Analyst Commentary Recent research on Hays has tilted clearly cautious, with several firms trimming price targets and one moving to an Underperform rating, all pointing to a tougher backdrop for the European Business and Employment Services sector.
User avatar
Narrative Update • Jan 24

HAS: Higher Future P/E Assumptions Will Support Shares Despite Earnings Headwinds

Analysts have trimmed their price targets for Hays by about 6 to 17 GBp, pointing to weaker revenue growth expectations, slightly lower profit margin assumptions and a higher future P/E multiple as key drivers of the change in fair value. Analyst Commentary Recent research updates on Hays point to a more cautious tone, with several firms cutting price targets and, in one case, moving to a more negative rating.
User avatar
Narrative Update • Jan 09

HAS: Share Buyback And CEO Return Will Support Shares Despite Cautious Views

Analysts have trimmed their average price target for Hays to £0.44 from £0.61, reflecting concerns that cyclical headwinds and structural challenges could keep earnings subdued for longer, even though some still see limited upside with a £0.55 target. Analyst Commentary Recent research on Hays points to a mixed backdrop, with some analysts focusing on valuation support and others highlighting ongoing cyclical and structural pressures that could weigh on execution and earnings visibility.
User avatar
Narrative Update • Dec 26

HAS: Higher Price View And Buyback Will Support Shares Despite Cautious Rating

Analysts have modestly raised their price target on Hays to 55 GBp from 52 GBp, reflecting a slightly more constructive view on the company while still remaining cautious overall. Analyst Commentary Analysts describe the latest target increase as a measured adjustment that acknowledges incremental improvements while still highlighting lingering concerns about the company’s outlook and execution risks.
User avatar
Narrative Update • Dec 12

HAS: Higher Multiple And Buyback Will Support Shares Despite Cautious Rating

The analyst price target for Hays has been raised from 52 GBp to 55 GBp, as analysts point to a slightly higher future price-to-earnings multiple offsetting more conservative assumptions on growth, margins and discount rate. Analyst Commentary Bullish analysts view the modest increase in the price target as confirmation that the company can sustain earnings despite a tougher macro backdrop, with valuation supported by a slightly higher price to earnings multiple.
Analysis Article • Dec 07

Hays plc's (LON:HAS) Share Price Is Matching Sentiment Around Its Revenues

With a price-to-sales (or "P/S") ratio of 0.1x Hays plc ( LON:HAS ) may be sending bullish signals at the moment, given...
User avatar
Narrative Update • Nov 28

HAS: Share Buyback And Leadership Stability Will Drive Confidence Amid Upgraded Outlook

Analysts have modestly raised their price target for Hays, increasing it by £0.03 to £0.55. They cite updated expectations on sector performance and company outlook as reasons for this adjustment.
User avatar
Narrative Update • Nov 13

HAS: Improved Margins And Share Buyback Will Drive Prospects Amid Leadership Change

Hays’ analyst price target saw a modest increase to 55 GBp, up from 52 GBp. Analysts cite improved profit margin assumptions and revised market expectations. Analyst Commentary Recent analyst activity regarding Hays has reflected a shifting sentiment in response to the company's updated performance and outlook.
User avatar
Narrative Update • Oct 30

HAS: Labor Market Recovery Will Drive Upside Following Recent Buyback Plan

Hays' analyst price target increased slightly in recent updates, rising to 55 GBp from 52 GBp as analysts pointed to moderate adjustments based on refined discount rate assumptions and mixed sector outlooks. Analyst Commentary Recent analyst research on Hays presents a mixed outlook, with both positive and cautious perspectives reflected in updated ratings and price targets.
User avatar
Narrative Update • Oct 16

Digital Transformation And Diversification Will Strengthen Future Prospects

Analysts have slightly reduced their fair value estimate for Hays, lowering the price target by £0.04 to £0.75. This reflects more cautious expectations for revenue growth and profit margins in light of recent sector downgrades and softer labor market outlooks.
User avatar
New Narrative • Aug 09

Global Talent And Digital Solutions Will Shape Future Staffing

Focus on specialized, high-demand sectors and flexible staffing solutions supports resilient, diversified growth and improved margins as market conditions normalize.
Analysis Article • Aug 02

Hays plc's (LON:HAS) Revenues Are Not Doing Enough For Some Investors

When close to half the companies operating in the Professional Services industry in the United Kingdom have...
Analysis Article • Jul 10

Is Now The Time To Look At Buying Hays plc (LON:HAS)?

Hays plc ( LON:HAS ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article • Jun 11

Some Investors May Be Worried About Hays' (LON:HAS) Returns On Capital

When researching a stock for investment, what can tell us that the company is in decline? A business that's potentially...
Analysis Article • Apr 26

Investors Don't See Light At End Of Hays plc's (LON:HAS) Tunnel

With a price-to-sales (or "P/S") ratio of 0.2x Hays plc ( LON:HAS ) may be sending bullish signals at the moment, given...
Analysis Article • Feb 23

Hays' (LON:HAS) Dividend Will Be £0.0095

The board of Hays plc ( LON:HAS ) has announced that it will pay a dividend of £0.0095 per share on the 9th of April...
Analysis Article • Feb 21

An Intrinsic Calculation For Hays plc (LON:HAS) Suggests It's 28% Undervalued

Key Insights The projected fair value for Hays is UK£1.00 based on 2 Stage Free Cash Flow to Equity Hays' UK£0.72 share...
Analysis Article • Jan 17

Returns On Capital Signal Difficult Times Ahead For Hays (LON:HAS)

When researching a stock for investment, what can tell us that the company is in decline? When we see a declining...
Analysis Article • Nov 28

Improved Revenues Required Before Hays plc (LON:HAS) Shares Find Their Feet

You may think that with a price-to-sales (or "P/S") ratio of 0.2x Hays plc ( LON:HAS ) is a stock worth checking out...
Analysis Article • Oct 20

Is There An Opportunity With Hays plc's (LON:HAS) 23% Undervaluation?

Key Insights Hays' estimated fair value is UK£1.07 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article • Aug 08

Hays plc's (LON:HAS) Share Price Could Signal Some Risk

It's not a stretch to say that Hays plc's ( LON:HAS ) price-to-earnings (or "P/E") ratio of 17.3x right now seems quite...
Analysis Article • Jul 17

What Does Hays plc's (LON:HAS) Share Price Indicate?

Hays plc ( LON:HAS ), is not the largest company out there, but it received a lot of attention from a substantial price...
Analysis Article • Jun 14

Here's What's Concerning About Hays' (LON:HAS) Returns On Capital

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Analysis Article • Apr 09

A Look At The Intrinsic Value Of Hays plc (LON:HAS)

Key Insights The projected fair value for Hays is UK£1.05 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article • Mar 15

Should You Think About Buying Hays plc (LON:HAS) Now?

Hays plc ( LON:HAS ), might not be a large cap stock, but it saw significant share price movement during recent months...
Analysis Article • Feb 08

Hays' (LON:HAS) Returns On Capital Not Reflecting Well On The Business

Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Analysis Article • Nov 02

Hays (LON:HAS) Could Be At Risk Of Shrinking As A Company

What underlying fundamental trends can indicate that a company might be in decline? Businesses in decline often have...
Analysis Article • Oct 14

We Think Hays (LON:HAS) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Shareholder Returns

HASGB Professional ServicesGB Market
7D-0.8%-2.3%-1.8%
1Y17.1%-23.3%15.2%

Return vs Industry: HAS exceeded the UK Professional Services industry which returned -23.3% over the past year.

Return vs Market: HAS exceeded the UK Market which returned 15.2% over the past year.

Price Volatility

Is HAS's price volatile compared to industry and market?
HAS volatility
HAS Average Weekly Movement10.6%
Professional Services Industry Average Movement5.1%
Market Average Movement4.9%
10% most volatile stocks in GB Market10.3%
10% least volatile stocks in GB Market2.5%

Stable Share Price: HAS's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: HAS's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
19688,125Mark Dearnleywww.haysplc.com

Hays plc engages in the provision of professional and skilled recruitment services in Germany, the United Kingdom, Ireland, Australia, New Zealand, and internationally. The company provides qualified, professional, and skilled recruitment; and temporary, contracting, and permanent recruitment and workforce solutions. Hays plc was founded in 1968 and is based in London, the United Kingdom.

Hays plc Fundamentals Summary

How do Hays's earnings and revenue compare to its market cap?
HAS fundamental statistics
Market capUK£1.05b
Earnings (TTM)-UK£58.20m
Revenue (TTM)UK£6.42b
0.2x
P/S Ratio
-18.0x
P/E Ratio

Is HAS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HAS income statement (TTM)
RevenueUK£6.42b
Cost of RevenueUK£6.20b
Gross ProfitUK£221.00m
Other ExpensesUK£279.20m
Earnings-UK£58.20m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Feb 26, 2027

Earnings per share (EPS)-0.037
Gross Margin3.44%
Net Profit Margin-0.91%
Debt/Equity Ratio22.7%

How did HAS perform over the long term?

See historical performance and comparison

Dividends

0.7%
Current Dividend Yield
-12%
Payout Ratio

Does HAS pay a reliable dividends?

See HAS dividend history and benchmarks
When do you need to buy HAS by to receive an upcoming dividend?
Hays dividend dates
Ex Dividend DateOct 15 2026
Dividend Pay DateNov 26 2026
Days until Ex dividend31 days
Days until Dividend pay date73 days

Does HAS pay a reliable dividends?

See HAS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 04:13
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2026/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hays plc is covered by 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul Daniel SullivanBarclays
Afonso OsorioBarclays
James Rowland ClarkBarclays

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