Hirequest Stock Today

HQI Stock  USD 13.07  0.41  3.24%   

Performance

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Odds Of Distress

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Hirequest is trading at 13.07 as of the 28th of March 2024. This is a 3.24 percent increase since the beginning of the trading day. The stock's open price was 12.66. Hirequest has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Hirequest are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
6th of June 2002
Category
Industrials
HireQuest, Inc. provides temporary staffing solutions in the United States. The company was formerly known as Command Center, Inc. and changed its name to HireQuest, Inc. in September 2019.HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina. The company has 14 M outstanding shares of which 121.03 K shares are currently shorted by investors with about 9.92 days to cover. More on Hirequest

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Hirequest Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hirequest's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hirequest or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President ChairmanRichard Hermanns
Business ConcentrationHuman Resource & Employment Services, Commercial & Professional Services, Industrials, NASDAQ Composite, Industrials, Professional Services, Staffing & Employment Services, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Hirequest report their recommendations after researching Hirequest's financial statements, talking to executives and customers, or listening in on Hirequest's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hirequest. The Hirequest consensus assessment is calculated by taking the average forecast from all of the analysts covering Hirequest.
Financial Strength
Based on the key indicators related to Hirequest's liquidity, profitability, solvency, and operating efficiency, Hirequest is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. Financial strength of Hirequest is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.340.3588
Notably Down
Slightly volatile
Gross Profit Margin0.970.9263
Sufficiently Up
Slightly volatile
Total Current Liabilities37.5 M35.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total7.5 M7.1 M
Sufficiently Up
Slightly volatile
Total Assets110.9 M105.6 M
Sufficiently Up
Slightly volatile
Total Current Assets54 M51.5 M
Sufficiently Up
Slightly volatile
Hirequest's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hirequest's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hirequest's financial leverage. It provides some insight into what part of Hirequest's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Hirequest's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Hirequest deploys its capital and how much of that capital is borrowed.
Liquidity
Hirequest cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 14.77 M in debt with debt to equity (D/E) ratio of 0.14, which may show that the company is not taking advantage of profits from borrowing. Hirequest has a current ratio of 1.73, which is typical for the industry and considered as normal. Debt can assist Hirequest until it has trouble settling it off, either with new capital or with free cash flow. So, Hirequest's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hirequest sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hirequest to invest in growth at high rates of return. When we think about Hirequest's use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

3.27 Million
Hirequest (HQI) is traded on NASDAQ Exchange in USA. It is located in 111 Springhall Drive, Goose Creek, SC, United States, 29445 and employs 96 people. Hirequest is listed under Human Resource & Employment Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 177.38 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hirequest's market, we take the total number of its shares issued and multiply it by Hirequest's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hirequest runs under Professional Services sector within Industrials industry. The entity has 14 M outstanding shares of which 121.03 K shares are currently shorted by investors with about 9.92 days to cover. Hirequest has about 1.13 M in cash with 10.62 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Check Hirequest Probability Of Bankruptcy
Ownership Allocation
Hirequest secures a total of 14 Million outstanding shares. Hirequest retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 61.75 (percent) of Hirequest outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Hirequest Ownership Details

Hirequest Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Hirequest jumping above the current price in 90 days from now is about 63.4%. The Hirequest probability density function shows the probability of Hirequest stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1905. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hirequest will likely underperform. Additionally, hirequest has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 13.07HorizonTargetOdds Above 13.07
36.44%90 days
 13.07 
63.40%
Based on a normal probability distribution, the odds of Hirequest to move above the current price in 90 days from now is about 63.4 (This Hirequest probability density function shows the probability of Hirequest Stock to fall within a particular range of prices over 90 days) .

Hirequest Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Hirequest that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hirequest's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hirequest's value.
InstituionRecorded OnShares
Creative Planning Inc2023-12-31
34.8 K
Rbf Llc2023-12-31
30 K
Global Strategic Investment Solutions, Llc2023-12-31
21.2 K
Dimensional Fund Advisors, Inc.2023-12-31
20 K
O'shaughnessy Asset Management Llc2023-12-31
14.3 K
Morgan Stanley - Brokerage Accounts2023-12-31
14 K
Charles Schwab Investment Management Inc2023-12-31
14 K
Srs Capital Advisors Inc2023-12-31
13.9 K
Mirae Asset Global Investments (korea) Co Ltd2023-12-31
10.9 K
Vanguard Group Inc2023-12-31
265 K
Blackrock Inc2023-12-31
264.5 K
View Hirequest Diagnostics

Hirequest Historical Income Statement

Hirequest Income Statement is one of the three primary financial statements used for reporting Hirequest's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hirequest revenue and expense. Hirequest Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Hirequest's Operating Income is increasing as compared to previous years. The Hirequest's current EBIT is estimated to increase to about 14.3 M, while Gross Profit is projected to decrease to under 19.4 M. View More Fundamentals

Hirequest Stock Against Markets

Picking the right benchmark for Hirequest stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hirequest stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hirequest is critical whether you are bullish or bearish towards Hirequest at a given time. Please also check how Hirequest's historical prices are related to one of the top price index indicators.

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Our tools can tell you how much better you can do entering a position in Hirequest without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hirequest Corporate Management

Elected by the shareholders, the Hirequest's board of directors comprises two types of representatives: Hirequest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hirequest. The board's role is to monitor Hirequest's management team and ensure that shareholders' interests are well served. Hirequest's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hirequest's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph GianzantiChief OfficerProfile
Dave GerstnerVice OperationsProfile
Steven CraneChief OfficerProfile
Cory SmithChief TreasurerProfile
John McAnnarChief ServicesProfile

How to buy Hirequest Stock?

Before investing in Hirequest, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hirequest. To buy Hirequest stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hirequest. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Hirequest stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Hirequest stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Hirequest stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Hirequest, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hirequest Stock please use our How to Invest in Hirequest guide.

Already Invested in Hirequest?

The danger of trading Hirequest is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hirequest is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hirequest. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hirequest is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Hirequest's price analysis, check to measure Hirequest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hirequest is operating at the current time. Most of Hirequest's value examination focuses on studying past and present price action to predict the probability of Hirequest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hirequest's price. Additionally, you may evaluate how the addition of Hirequest to your portfolios can decrease your overall portfolio volatility.
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Is Hirequest's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hirequest. If investors know Hirequest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hirequest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Dividend Share
0.24
Earnings Share
0.47
Revenue Per Share
2.758
Quarterly Revenue Growth
0.212
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hirequest's market value can be influenced by many factors that don't directly affect Hirequest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.