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HireQuest NasdaqCM:HQI Stock Report

Last Price

US$14.31

Market Cap

US$200.3m

7D

-2.3%

1Y

-13.2%

Updated

22 Dec, 2024

Data

Company Financials +

HireQuest, Inc.

NasdaqCM:HQI Stock Report

Market Cap: US$200.3m

HQI Stock Overview

Provides temporary staffing services in the United States. More details

HQI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance1/6
Financial Health6/6
Dividends2/6

Rewards

Trading at 15.6% below our estimate of its fair value

Earnings are forecast to grow 26.27% per year

Risk Analysis

Large one-off items impacting financial results

Profit margins (5.7%) are lower than last year (23.5%)

Dividend of 1.68% is not well covered by earnings


My Notes

Capture your thoughts, links and company narrative

Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 2 Analysts

Cost Reductions And Acquisitions Will Improve Future Market Position

Key Takeaways Strategic cost reductions, including in workers' compensation and headcount optimization, are enhancing profitability and improving net margins. Leveraging its strong franchise model and diversification through acquisitions positions HireQuest for continued earnings growth and expanded market presence.
View narrative
US$19.00
FV
24.7% undervalued intrinsic discount
5.33%
Revenue growth p.a.
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3 days ago author updated this narrative

HireQuest, Inc. Competitors

DLH Holdings

NasdaqCM:DLHC

US$110.3m

Kelly Services

NasdaqGS:KELY.A

US$466.9m

Heidrick & Struggles International

NasdaqGS:HSII

US$892.1m

Lucas GC

NasdaqCM:LGCL

US$37.7m

Price History & Performance

Summary of share price highs, lows and changes for HireQuest
Historical stock prices
Current Share PriceUS$14.31
52 Week HighUS$17.31
52 Week LowUS$11.39
Beta1.03
1 Month Change-6.29%
3 Month Change-0.14%
1 Year Change-13.17%
3 Year Change-29.85%
5 Year Change104.72%
Change since IPO151.05%

Recent News & Updates

Market Participants Recognise HireQuest, Inc.'s (NASDAQ:HQI) Earnings

Oct 16
Market Participants Recognise HireQuest, Inc.'s (NASDAQ:HQI) Earnings

Recent updates

Market Participants Recognise HireQuest, Inc.'s (NASDAQ:HQI) Earnings

Oct 16
Market Participants Recognise HireQuest, Inc.'s (NASDAQ:HQI) Earnings

HireQuest (NASDAQ:HQI) Will Pay A Dividend Of $0.06

Aug 21
HireQuest (NASDAQ:HQI) Will Pay A Dividend Of $0.06

Is HireQuest (NASDAQ:HQI) Using Too Much Debt?

Aug 03
Is HireQuest (NASDAQ:HQI) Using Too Much Debt?

HireQuest, Inc. Just Beat EPS By 20%: Here's What Analysts Think Will Happen Next

May 11
HireQuest, Inc. Just Beat EPS By 20%: Here's What Analysts Think Will Happen Next

There May Be Reason For Hope In HireQuest's (NASDAQ:HQI) Disappointing Earnings

Mar 28
There May Be Reason For Hope In HireQuest's (NASDAQ:HQI) Disappointing Earnings

HireQuest, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Mar 25
HireQuest, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

HireQuest (NASDAQ:HQI) Is Due To Pay A Dividend Of $0.06

Feb 23
HireQuest (NASDAQ:HQI) Is Due To Pay A Dividend Of $0.06

Returns On Capital At HireQuest (NASDAQ:HQI) Paint A Concerning Picture

Jan 30
Returns On Capital At HireQuest (NASDAQ:HQI) Paint A Concerning Picture

HireQuest (NASDAQ:HQI) Is Paying Out A Dividend Of $0.06

Aug 28
HireQuest (NASDAQ:HQI) Is Paying Out A Dividend Of $0.06

Need To Know: The Consensus Just Cut Its HireQuest, Inc. (NASDAQ:HQI) Estimates For 2023

Aug 18
Need To Know: The Consensus Just Cut Its HireQuest, Inc. (NASDAQ:HQI) Estimates For 2023

HireQuest (NASDAQ:HQI) Is Reinvesting At Lower Rates Of Return

Aug 12
HireQuest (NASDAQ:HQI) Is Reinvesting At Lower Rates Of Return

HireQuest (NASDAQ:HQI) Seems To Use Debt Rather Sparingly

Jun 08
HireQuest (NASDAQ:HQI) Seems To Use Debt Rather Sparingly

HireQuest (NASDAQ:HQI) Is Due To Pay A Dividend Of $0.06

May 21
HireQuest (NASDAQ:HQI) Is Due To Pay A Dividend Of $0.06

HireQuest, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 14
HireQuest, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Shareholders Are Optimistic That HireQuest (NASDAQ:HQI) Will Multiply In Value

May 12
Shareholders Are Optimistic That HireQuest (NASDAQ:HQI) Will Multiply In Value

Is There Now An Opportunity In HireQuest, Inc. (NASDAQ:HQI)?

Feb 01
Is There Now An Opportunity In HireQuest, Inc. (NASDAQ:HQI)?

There Are Reasons To Feel Uneasy About HireQuest's (NASDAQ:HQI) Returns On Capital

Dec 20
There Are Reasons To Feel Uneasy About HireQuest's (NASDAQ:HQI) Returns On Capital

HireQuest (NASDAQ:HQI) Has Affirmed Its Dividend Of $0.06

Nov 22
HireQuest (NASDAQ:HQI) Has Affirmed Its Dividend Of $0.06

Is HireQuest (NASDAQ:HQI) A Risky Investment?

Oct 18
Is HireQuest (NASDAQ:HQI) A Risky Investment?

HireQuest goes ex-dividend tomorrow

Aug 30

Artko Capital - HireQuest: Firing On All Cylinders

Aug 17

Is There An Opportunity With HireQuest, Inc.'s (NASDAQ:HQI) 43% Undervaluation?

Aug 15
Is There An Opportunity With HireQuest, Inc.'s (NASDAQ:HQI) 43% Undervaluation?

HireQuest (NASDAQ:HQI) Will Pay A Dividend Of US$0.06

May 20
HireQuest (NASDAQ:HQI) Will Pay A Dividend Of US$0.06

Is It Time To Consider Buying HireQuest, Inc. (NASDAQ:HQI)?

May 06
Is It Time To Consider Buying HireQuest, Inc. (NASDAQ:HQI)?

HireQuest (NASDAQ:HQI) Has A Rock Solid Balance Sheet

Apr 22
HireQuest (NASDAQ:HQI) Has A Rock Solid Balance Sheet

HireQuest: A Different Player In Temporary Staffing

Apr 14

With EPS Growth And More, HireQuest (NASDAQ:HQI) Is Interesting

Mar 19
With EPS Growth And More, HireQuest (NASDAQ:HQI) Is Interesting

Shareholder Returns

HQIUS Professional ServicesUS Market
7D-2.3%-2.5%-2.4%
1Y-13.2%11.8%23.3%

Return vs Industry: HQI underperformed the US Professional Services industry which returned 11.8% over the past year.

Return vs Market: HQI underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is HQI's price volatile compared to industry and market?
HQI volatility
HQI Average Weekly Movement5.8%
Professional Services Industry Average Movement5.6%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: HQI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HQI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200296Richard Hermannshirequest.com

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.

HireQuest, Inc. Fundamentals Summary

How do HireQuest's earnings and revenue compare to its market cap?
HQI fundamental statistics
Market capUS$200.34m
Earnings (TTM)US$2.07m
Revenue (TTM)US$36.28m

96.8x

P/E Ratio

5.5x

P/S Ratio

Is HQI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HQI income statement (TTM)
RevenueUS$36.28m
Cost of RevenueUS$0
Gross ProfitUS$36.28m
Other ExpensesUS$34.21m
EarningsUS$2.07m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin100.00%
Net Profit Margin5.70%
Debt/Equity Ratio21.7%

How did HQI perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

160%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:53
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 world class team 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 .

Analyst Sources

HireQuest, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin SteinkeBarrington Research Associates, Inc.
Michael BakerD.A. Davidson & Co.