HireQuest Inc

HireQuest Inc Stock Forecast & Price Prediction

Live HireQuest Inc Stock (HQI) Price
$15.21

2

Ratings

  • Buy 2
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$15.21

P/E Ratio

110.14

Volume Traded Today

$16,400

Dividend

$0.06

52 Week High/low

17.31/11.39

HireQuest Inc Market Cap

$220.3M

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HQI Summary

From what 2 stock analysts predict, the share price for HireQuest Inc (HQI) might increase by 24.92% in the next year. This is based on a 12-month average estimation for HQI. Price targets go from $18 to $20. The majority of stock analysts believe HQI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

HQI Analyst Ratings

HireQuest Inc has a total of 2 Wall St Analyst ratings. There are 2 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that HireQuest Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

HQI stock forecast by analyst

These are the latest 20 analyst ratings of HQI.

Analyst/Firm

Rating

Price Target

Change

Date

Kevin Steinke
Barrington Research

Outperform

$18

Maintains

Nov 15, 2024
Kevin Steinke
Barrington Research

Outperform

$17

Maintains

Aug 22, 2024
Michael Baker
DA Davidson

Buy

$19

Maintains

Aug 9, 2024
Kevin Steinke
Barrington Research

Outperform

$16

Maintains

Jul 5, 2024
Kevin Steinke
Barrington Research

Outperform

$16

Maintains

May 28, 2024
Kevin Steinke
Barrington Research

Outperform

$16

Maintains

May 14, 2024
Kevin Steinke
Barrington Research

Outperform

$19

Maintains

Apr 4, 2024
Michael Baker
DA Davidson

Buy

$23

Maintains

Mar 22, 2024
Kevin Steinke
Barrington Research

Outperform

$21

Maintains

Nov 21, 2023
Kevin Steinke
Barrington Research

Outperform

$26

Maintains

Aug 16, 2023
Michael Albanese
EF Hutton

Buy

$27

Reiterates

Aug 11, 2023
Michael Albanese
EF Hutton

Buy

$29

Reiterates

May 15, 2023
Kevin Steinke
Barrington Research

Outperform

$29

Reiterates

Apr 5, 2023
Michael Albanese
EF Hutton

Buy

$29

Maintains

Mar 20, 2023
Michael Albanese
EF Hutton

Buy

$24

Initiates

Sep 13, 2022
Kevin Steinke
Barrington Research

Outperform

$29

Initiates

Mar 4, 2022

DA Davidson

Buy


Initiates

Dec 13, 2021

HQI Company Information

What They Do: Provides temporary staffing services in the US.

Business Model: The company generates revenue by offering a variety of staffing services, including temporary and permanent placements across multiple sectors such as construction, healthcare, and logistics. It operates under several trade names to cater to different market needs, providing specialized personnel for various industries.

Other Information: Founded in 2002 and headquartered in Goose Creek, South Carolina, HireQuest, Inc. serves a diverse clientele, enhancing its market reach by offering a wide array of staffing solutions. Its focus on both skilled and unskilled labor across various sectors positions it well to capitalize on fluctuating labor demands.
HQI
HireQuest Inc (HQI)

When did it IPO

N/A

Staff Count

96

Country

United States

Sector/Industry

Industrials/Staffing & Employment Services

CEO

Mr. Richard F. Hermanns

Market Cap

$220.3M

HireQuest Inc (HQI) Financial Data

In 2023, HQI generated $37.9M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that HQI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$37.9M

0.00 %
From Previous Year
  • Revenue TTM $36.3M
  • Operating Margin TTM 35.5%
  • Gross profit TTM $0
  • Return on assets TTM 6.7%
  • Return on equity TTM 3.3%
  • Profit Margin 4.0%
  • Book Value Per Share 4.49%
  • Market capitalisation $220.3M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $37.9M
  • EPS this year (TTM) $0.14

HireQuest Inc (HQI) Latest News

News Image

Thu, 14 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - HireQuest leverages an asset-light franchise model and aggressive acquisitions. Despite recent price underperformance, it aims for improved performance in 2025, supported by a solid balance sheet and cost controls.

Why It Matters - HireQuest's asset-light model, strong management, and disciplined acquisitions position it for growth, despite recent underperformance, making it a potential turnaround opportunity for investors.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - HireQuest, Inc. (Nasdaq:HQI) declared a quarterly dividend of $0.06 per share, payable on December 16, 2024, to shareholders recorded by December 2, 2024.

Why It Matters - The declaration of a quarterly dividend signals financial stability and commitment to returning value to shareholders, which can enhance investor confidence and potentially boost stock prices.

News Image

Sat, 09 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - HireQuest, Inc. (NASDAQ: HQI) will hold its Q3 2024 Earnings Conference Call on November 7, 2024, at 4:30 PM ET, featuring CEO Rick Hermanns and CFO Steve Crane.

Why It Matters - The upcoming earnings call for HireQuest, Inc. will provide insights into financial performance, potentially impacting stock valuation and investor sentiment.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - HireQuest, Inc. (Nasdaq: HQI) reported a 0.9% increase in franchise royalties for Q3 2024, totaling $9.0 million, up from $8.9 million in the same period last year.

Why It Matters - The slight increase in franchise royalties indicates stable growth for HireQuest, which may boost investor confidence in the company's revenue trajectory and overall financial health.

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - HireQuest, Inc. (HQI) reported Q3 earnings of $0.20 per share, exceeding the Zacks Consensus Estimate of $0.16, and up from $0.12 per share year-over-year.

Why It Matters - HireQuest's earnings beat expectations and show year-over-year growth, indicating strong financial performance and potentially boosting investor confidence and stock value.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - FRMO Corp. has increased its Board of Directors to nine members, appointing R. Rimmy Malhotra as a new board member.

Why It Matters - Board expansion and new appointments can signal strategic shifts or enhanced governance, potentially impacting investor confidence and company direction.

...

HQI Frequently asked questions

The highest forecasted price for HQI is $20 from at .

The lowest forecasted price for HQI is $18 from Kevin Steinke from Barrington Research

The HQI analyst ratings consensus are 2 buy ratings, 0 hold ratings, and 0 sell ratings.