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HireQuest, Inc. (HQI)
NASDAQ:HQI
Holding HQI?
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HQI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.39 - $20.17
Previous Close$13.31
Volume28.48K
Average Volume (3M)14.33K
Market Cap
$186.34M
Enterprise Value$201.77M
Total Cash (Recent Filing)$614.00K
Total Debt (Recent Filing)$16.05M
Price to Earnings (P/E)35.8
Beta0.60
Next Earnings
Nov 13, 2024EPS Estimate
$0.16Next Dividend Ex-Date
Aug 30, 2024Dividend Yield1.85%
Share Statistics
EPS (TTM)0.37
Shares Outstanding14,000,000
10 Day Avg. Volume22,089
30 Day Avg. Volume14,330
Standard Deviation0.13
R-Squared0.18
Alpha0.00627
Financial Highlights & Ratios
Price to Book (P/B)6.25
Price to Sales (P/S)5.02
Price to Cash Flow (P/CF)241.10
P/FCF Ratio182.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.58
Enterprise Value/Gross Profit5.33
Enterprise Value/Ebitda18.54
Forecast
1Y Price Target
$18.00Price Target Upside35.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
HireQuest News
PremiumCompany Announcements
HireQuest Announces Quarterly Cash Dividend, Future Payments Uncertain
PremiumCompany Announcements
HireQuest Announces Dividend and Shares Financial Insights
Bulls Say, Bears Say
Bulls Say
Financial PerformanceWorkers’ compensation costs, which were a significant headwind to profitability throughout 2023, decreased sequentially to approximately $0.6 million in Q1/24 from $1.3 million in Q4/23.
Geographic AdvantageHireQuest has generally fared better than its competitors in the slower demand environment due to its concentration in the southern U.S., which has been more resilient to economic headwinds than other regions thus far.
Growth OpportunitiesSubstantial opportunity for additional acquisitions: Management discussed HireQuest’s long-term opportunity to continue expanding in the large and fragmented U.S. staffing and recruiting market.
Bears Say
Earnings DeclineQ1/24 adjusted EBITDA was down -27% YOY to $3.4 million, driven by the decline in revenue.
Revenue DeclineFranchise royalty fees accounted for 93% of Q1/24 revenue and declined -16% YOY to $7.8 million.
Sales DeclineSystem-wide sales in Q1/24 decreased -13% YOY to $134.0 million.
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Ownership Overview
63.39% Insiders
2.95% Mutual Funds
7.66% Other Institutional Investors
26.00% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
HQI FAQ
What was HireQuest, Inc.’s price range in the past 12 months?
HireQuest, Inc. lowest stock price was $11.39 and its highest was $20.17 in the past 12 months.
What is HireQuest, Inc.’s market cap?
Currently, no data Available
When is HireQuest, Inc.’s upcoming earnings report date?
HireQuest, Inc.’s upcoming earnings report date is Nov 13, 2024 which is in 80 days.
How were HireQuest, Inc.’s earnings last quarter?
HireQuest, Inc. released its earnings results on Aug 08, 2024. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.125 by $0.025.
Is HireQuest, Inc. overvalued?
According to Wall Street analysts HireQuest, Inc.’s price is currently Undervalued.
Does HireQuest, Inc. pay dividends?
HireQuest, Inc. pays a Quarterly dividend of $0.06 which represents an annual dividend yield of 1.85%. See more information on HireQuest, Inc. dividends here
What is HireQuest, Inc.’s EPS estimate?
HireQuest, Inc.’s EPS estimate is $0.16.
How many shares outstanding does HireQuest, Inc. have?
HireQuest, Inc. has 14,000,000 shares outstanding.
What happened to HireQuest, Inc.’s price movement after its last earnings report?
HireQuest, Inc. reported an EPS of $0.15 in its last earnings report, beating expectations of $0.125. Following the earnings report the stock price went up 10.454%.
Which hedge fund is a major shareholder of HireQuest, Inc.?
Among the largest hedge funds holding HireQuest, Inc.’s share is Bandera Partners. It holds HireQuest, Inc.’s shares valued at 3M.
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HireQuest Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$18.00 (35.24% Upside)
$18.00 (35.24% Upside)
Blogger Sentiment
Bullish
HQI Sentiment 100%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth $156.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-28.90%
12-Months-Change
Fundamentals
Return on Equity
9.15%
Trailing 12-Months
Asset Growth
-0.18%
Trailing 12-Months
Company Description
HireQuest, Inc.
HireQuest, Inc. engages in providing temporary staffing services. It also provides back office support team for HireQuest Direct and HireQuest franchised branch locations across the U. S. The company was founded in 1998 and is headquartered in Goose Creek, Sc.
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HQI Earnings Call
Q2 2024
0:00 / 0:00
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HQI Stock 12 Month Forecast
Average Price Target
$18.00
▲(35.24% Upside)
Technical Analysis
Best Analysts Covering HQI
1 Year
1 Year Success Rate
5/15 ratings generated profit
1 Year Average Return
-3.11%
reiterated a buy rating 3 days ago
Copying Kevin Steinke's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -3.11% per trade.
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