Should I buy or sell HireQuest stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HireQuest in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HQI shares. View HQI analyst ratings or view top-rated stocks .

What is HireQuest's stock price target for 2024?

2 analysts have issued 1-year target prices for HireQuest's stock. Their HQI share price targets range from $19.00 to $23.00. On average, they anticipate the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 73.4% from the stock's current price. View analysts price targets for HQI or view top-rated stocks among Wall Street analysts .

How have HQI shares performed in 2024?

HireQuest's stock was trading at $15.35 on January 1st, 2024. Since then, HQI shares have decreased by 21.1% and is now trading at $12.11. View the best growth stocks for 2024 here .

When is HireQuest's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our HQI earnings forecast .

How were HireQuest's earnings last quarter?

HireQuest, Inc. (NASDAQ:HQI) released its quarterly earnings data on Thursday, March, 21st. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.10) by $0.13. The business earned $9.76 million during the quarter, compared to the consensus estimate of $8.42 million. HireQuest had a trailing twelve-month return on equity of 10.37% and a net margin of 16.20%.

How often does HireQuest pay dividends? What is the dividend yield for HireQuest?

HireQuest declared a quarterly dividend on Friday, February 16th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.06 per share on Friday, March 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, February 29th. Read our dividend analysis for HQI .

Is HireQuest a good dividend stock?

HireQuest (NASDAQ:HQI) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.86%. The dividend payout ratio is 53.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HQI will have a dividend payout ratio of 26.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HQI .

What ETF holds HireQuest's stock?

AdvisorShares Dorsey Wright Micro-Cap ETF holds 1,353 shares of HQI stock, representing 0.66% of its portfolio.

How do I buy shares of HireQuest?

Shares of HQI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:HQI

HireQuest (HQI) Stock Price, News & Analysis

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$12.11

-0.49 (-3.89%)

(As of 04/17/2024 ET)

Compare

Today's Range: $12.11
▼
$12.84
50-Day Range: $12.05
▼
$13.58
52-Week Range: $11.40
▼
$29.38

Volume: 5,781 shs
Average Volume: 13,486 shs
Market Capitalization: $169.54 million

P/E Ratio: 26.91
Dividend Yield: 1.98%
Price Target: $21.00

Get HireQuest alerts:

HireQuest MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 73.4% Upside
$21.00 Price Target
Short Interest: Bearish
2.22% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 32.35%
From $0.68 to $0.90 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.42 out of 5 stars

Business Services Sector

125th out of 299 stocks

Help Supply Services Industry

13th out of 18 stocks

3.5

Analyst's Opinion

Consensus Rating
HireQuest has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
HireQuest has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.22% of the float of HireQuest has been sold short.
Short Interest Ratio / Days to Cover
HireQuest has a short interest ratio ("days to cover") of 8.8.
Change versus previous month
Short interest in HireQuest has recently increased by 1.16%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
HireQuest pays a meaningful dividend of 1.86%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
HireQuest does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of HireQuest is 53.33%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, HireQuest will have a dividend payout ratio of 26.67% next year. This indicates that HireQuest will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HQI.

0.0

News and Social Media Coverage

MarketBeat Follows
Only 1 people have added HireQuest to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, HireQuest insiders have not sold or bought any company stock.
Percentage Held by Insiders
45.80% of the stock of HireQuest is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 12.00% of the stock of HireQuest is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for HireQuest are expected to grow by 32.35% in the coming year, from $0.68 to $0.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HireQuest is 26.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.29.
Price to Earnings Ratio vs. Sector
The P/E ratio of HireQuest is 26.91, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 37.89.
Price to Book Value per Share Ratio
HireQuest has a P/B Ratio of 2.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About HireQuest Stock (NASDAQ:HQI)

HireQuest, Inc. provides temporary staffing services in the United States. It offers staffing services, including direct-dispatch, executive search, consultant, unskilled and semi-skilled industrial and construction personnel, clerical and administrative personnel, and permanent placement services, as well as commercial and non-CDL drivers, and skilled personnel in the medical and dental industries. The company provides its services under the HireQuest Direct, HireQuest, SNelling, DriverQuest, HireQuest Health, Northbound Executive Search, and MRI trade names. It serves construction, recycling, warehousing, logistics, auctioneering, manufacturing, hospitality, landscaping, and retail industries, as well as dental practices. HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina.

HQI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HQI Stock News Headlines

March 25, 2024 | finance.yahoo.com

Earnings Beat: HireQuest, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

March 22, 2024 | finance.yahoo.com

HireQuest, Inc. (NASDAQ:HQI) Q4 2023 Earnings Call Transcript

April 18, 2024 | Paradigm Press (Ad)

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March 21, 2024 | markets.businessinsider.com

HQI Stock Earnings: HireQuest Beats EPS, Beats Revenue for Q4 2023

March 21, 2024 | finance.yahoo.com

HireQuest Inc (HQI) Reports Mixed Financial Outcomes Amid Economic Challenges

March 21, 2024 | finanznachrichten.de

HireQuest Inc.: HireQuest Reports Financial Results for Fourth Quarter and Year End 2023

March 15, 2024 | finance.yahoo.com

HireQuest (NASDAQ:HQI) Will Want To Turn Around Its Return Trends

March 15, 2024 | investorplace.com

The 3 Most Undervalued Value Stocks to Buy in March 2024

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March 7, 2024 | seekingalpha.com

Artko Capital - HireQuest: Lucrative Franchise Economics Despite Jittery Performance

March 5, 2024 | finance.yahoo.com

Here’s What Happened to HireQuest (HQI) in 2023

February 26, 2024 | benzinga.com

Wednesday Is Your Last Chance To Buy HireQuest Before The Dividend Payout

February 8, 2024 | finance.yahoo.com

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5 Staffing Stocks to Gain as Labor Market Remains Hot

December 16, 2023 | finance.yahoo.com

Here’s Why HireQuest (HQI) Fell in Q3

December 14, 2023 | finance.yahoo.com

Should You Think About Buying HireQuest, Inc. (NASDAQ:HQI) Now?

December 4, 2023 | finance.yahoo.com

HireQuest, Inc. Closes Acquisition of TEC Staffing Services

November 23, 2023 | benzinga.com

HireQuest Stock (NASDAQ:HQI), Analyst Ratings, Price Targets, Predictions

November 16, 2023 | finance.yahoo.com

Owning 45% in HireQuest, Inc. (NASDAQ:HQI) means that insiders are heavily invested in the company's future

November 15, 2023 | finanznachrichten.de

HireQuest Inc: HireQuest, Inc. Declares Quarterly Dividend

November 15, 2023 | msn.com

HireQuest, Inc. declares $0.06 dividend

November 12, 2023 | morningstar.com

HireQuest Inc HQI

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Company Calendar

Ex-Dividend for 3/15 Dividend: 2/29/2024
Dividend Payable: 3/15/2024
Last Earnings: 3/21/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Help supply services
Sub-Industry: N/A
Current Symbol: NASDAQ:HQI
CUSIP: N/A
CIK: 1140102
Web: www.hirequest.com
Phone: (843) 723-7400
Fax: 208-773-7467
Employees: 73,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $21.00
High Stock Price Target: $23.00
Low Stock Price Target: $19.00
Potential Upside/Downside: +73.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.45
Trailing P/E Ratio: 26.91
Forward P/E Ratio: 17.81
P/E Growth: N/A
Net Income: $6.14 million
Net Margins: 16.20%
Pretax Margin: 20.54%
Return on Equity: 10.37%
Return on Assets: 6.02%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.44
Quick Ratio: 1.44

Sales & Book Value

Annual Sales: $37.88 million
Price / Sales: 4.48
Cash Flow: $0.77 per share
Price / Cash Flow: 15.73
Book Value: $4.51 per share
Price / Book: 2.69

Miscellaneous

Outstanding Shares: 14,000,000
Free Float: 7,588,000
Market Cap: $169.54 million
Optionable: Not Optionable
Beta: 1.11

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Key Executives

Mr. Richard F. Hermanns (Age 59)
Chairman, President & CEO
Comp: $1.56M
Mr. John D. McAnnar (Age 40)
VP of Professional Services, Chief Legal Officer & Secretary
Comp: $298.2k
Mr. Steven G. Crane (Age 67)
Chief Financial Officer
Dave Gerstner
Vice President of Operations
Mr. Cory Smith (Age 48)
Chief Accounting Officer & Treasurer
Comp: $291.98k
Mr. Joseph Gianzanti
Chief Information Officer
Mr. David Hartley
Director of Corporate Development
Monica Reese
Director of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HQI Stock Analysis - Frequently Asked Questions

Should I buy or sell HireQuest stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HireQuest in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HQI shares.
View HQI analyst ratings or view top-rated stocks.
What is HireQuest's stock price target for 2024?: 2 analysts have issued 1-year target prices for HireQuest's stock. Their HQI share price targets range from $19.00 to $23.00. On average, they anticipate the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 73.4% from the stock's current price.
View analysts price targets for HQI or view top-rated stocks among Wall Street analysts.
How have HQI shares performed in 2024?: HireQuest's stock was trading at $15.35 on January 1st, 2024. Since then, HQI shares have decreased by 21.1% and is now trading at $12.11.
View the best growth stocks for 2024 here.
When is HireQuest's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our HQI earnings forecast.
How were HireQuest's earnings last quarter?: HireQuest, Inc. (NASDAQ:HQI) released its quarterly earnings data on Thursday, March, 21st. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.10) by $0.13. The business earned $9.76 million during the quarter, compared to the consensus estimate of $8.42 million. HireQuest had a trailing twelve-month return on equity of 10.37% and a net margin of 16.20%.

How often does HireQuest pay dividends? What is the dividend yield for HireQuest?: HireQuest declared a quarterly dividend on Friday, February 16th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.06 per share on Friday, March 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for HQI.
Is HireQuest a good dividend stock?: HireQuest (NASDAQ:HQI) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.86%. The dividend payout ratio is 53.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HQI will have a dividend payout ratio of 26.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HQI.
What ETF holds HireQuest's stock?: AdvisorShares Dorsey Wright Micro-Cap ETF holds 1,353 shares of HQI stock, representing 0.66% of its portfolio.
How do I buy shares of HireQuest?: Shares of HQI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HQI) was last updated on 4/18/2024 by MarketBeat.com Staff

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HireQuest (HQI) Stock Price, News & Analysis

HireQuest MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

MarketBeat Follows

Company Ownership

Earnings and Valuation

About HireQuest Stock (NASDAQ:HQI)

HQI Stock Price History

HQI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

HQI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™