Grufity logoGrufity logo
StocksFundsScreenerSectorsWatchlists
HQI

HQI - HireQuest Inc Stock Price, Fair Value and News

11.96USD-0.15 (-1.24%)Market Closed

Market Summary

HQI
USD11.96-0.15
Market Closed
-1.24%

HQI Stock Price

View Fullscreen

HQI RSI Chart

HQI Valuation

Market Cap

167.4M

Price/Earnings (Trailing)

27.29

Price/Sales (Trailing)

4.42

EV/EBITDA

13.89

Price/Free Cashflow

15.76

HQI Price/Sales (Trailing)

HQI Profitability

Operating Margin

92.07%

EBT Margin

20.54%

Return on Equity

9.78%

Return on Assets

5.91%

Free Cashflow Yield

6.34%

HQI Fundamentals

HQI Revenue

Revenue (TTM)

37.9M

Rev. Growth (Yr)

21.16%

Rev. Growth (Qtr)

5.32%

HQI Earnings

Earnings (TTM)

6.1M

Earnings Growth (Yr)

-99.47%

Earnings Growth (Qtr)

-99.02%

Breaking Down HQI Revenue

Last 7 days

-7.5%

Last 30 days

-1.0%

Last 90 days

-11.7%

Trailing 12 Months

-44.9%

How does HQI drawdown profile look like?

HQI Financial Health

Current Ratio

1.44

Debt/Equity

0.06

Debt/Cashflow

2.91

HQI Investor Care

Dividend Yield

0.5%

Dividend/Share (TTM)

0.24

Shares Dilution (1Y)

2.14%

Diluted EPS (TTM)

0.45

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202333.8M34.8M36.2M37.9M
202226.4M28.7M29.7M31.0M
202113.1M15.9M19.4M22.8M
202016.5M16.2M16.3M13.8M
201957.5M36.6M13.5M15.9M
201898.2M97.9M97.5M76.5M
201796.5M99.4M99.6M98.1M
201688.6M87.5M89.0M93.3M
201592.4M93.5M90.7M88.5M
201492.3M90.7M92.5M91.8M
201397.3M96.1M94.9M93.7M
201284.6M88.6M93.5M98.4M
201172.6M75.7M78.8M81.9M
201000069.4M
Get all data in R, Python etc through our Historical Stock Data APIs
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of HireQuest Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 26, 2024
hermanns richard
acquired
4,808
12.02
400
president and ceo
Mar 25, 2024
hermanns richard
gifted
-
-
-200,000
president and ceo
Mar 25, 2024
richard f & lisa s hermanns dynasty trust dated july 16, 2008
gifted
-
-
110,000
-
Feb 26, 2024
shanahan kathleen m
acquired
-
-
1,057
-
Feb 26, 2024
malhotra r. rimmy
acquired
-
-
1,294
-
Feb 26, 2024
hagenbuch lawrence f
acquired
-
-
1,001
-
Feb 26, 2024
olmstead jack a.
acquired
-
-
1,012
-
Feb 26, 2024
jackson edward
acquired
-
-
810
-
Dec 29, 2023
olmstead jack a.
acquired
-
-
1,041
-
Dec 29, 2023
shanahan kathleen m
acquired
-
-
373
-

1–10 of 50

Which funds bought or sold HQI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 15, 2024
Concurrent Investment Advisors, LLC
new
-
192,934
192,934
 0.01%
Apr 05, 2024
CWM, LLC
new
-
-
-
 -%
Mar 11, 2024
VANGUARD GROUP INC
added
4.7
162,435
4,067,300
 -%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.41
-383
40,892
 -%
Feb 15, 2024
Legal & General Group Plc
unchanged
-
-49.00
9,625
 -%
Feb 15, 2024
BARCLAYS PLC
added
617
99,000
115,000
 -%
Feb 14, 2024
RBF Capital, LLC
unchanged
-
-2,400
460,500
 0.03%
Feb 14, 2024
Royal Bank of Canada
added
152
18,000
30,000
 -%
Feb 14, 2024
Ameritas Investment Partners, Inc.
unchanged
-
-35.00
6,800
 -%

1–10 of 48

Are Funds Buying or Selling HQI?

Are funds buying HQI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HQI
No. of Funds

Unveiling HireQuest Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 02, 2021
hirequest, inc.
15.4%
2,100,000
SC 13D
Feb 02, 2021
hirequest, inc.
26.1%
3,549,239
SC 13D/A
Mar 17, 2020
hermanns richard
42.9%
0
SC 13D/A
Sep 03, 2019
fields ephraim g
0.0%
0
SC 13G/A

Recent SEC filings of HireQuest Inc

View All Filings
Date Filed Form Type Document
Apr 02, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 21, 2024
8-K
Current Report
Mar 21, 2024
10-K
Annual Report
Feb 28, 2024
4
Insider Trading
Feb 28, 2024
4
Insider Trading
Feb 28, 2024
4
Insider Trading
Feb 28, 2024
4
Insider Trading
Feb 28, 2024
4
Insider Trading

Peers (Alternatives to HireQuest Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
ADP
99.4B
18.6B
 -0.87% 11.50%
27.94
5.35
 7.76% 13.08%
CTAS
67.3B
9.4B
 5.62% 45.91%
44.74
7.15
 9.34% 15.98%
CPRT
51.1B
4.1B
 -5.47% 36.24%
37.7
12.6
 10.52% 25.37%
EFX
27.0B
5.3B
 -16.27% 11.63%
49.46
5.12
 2.79% -21.68%
BAH
18.1B
10.3B
 -4.58% 41.94%
44.21
1.75
 13.90% -5.05%
ALLE
10.9B
3.7B
 -6.17% 19.79%
20.22
2.99
 11.58% 17.98%
MID-CAP
RHI
7.3B
6.4B
 -11.48% -7.93%
17.8
1.14
 -11.68% -37.51%
AL
5.4B
2.7B
 5.09% 22.48%
8.8
2.01
 15.87% 733.47%
SRCL
4.5B
2.7B
 -8.32% 16.46%
-212.51
1.7
 -1.68% -137.70%
ABM
2.8B
8.2B
 0.99% 2.29%
10.77
0.34
 3.98% 33.49%
SMALL-CAP
AZZ
1.9B
1.5B
 -1.69% 90.27%
84.03
1.26
 41.33% 169.51%
ALTG
381.9M
1.9B
 -3.40% -18.14%
42.9
0.2
 19.40% -4.30%
ARC
115.0M
281.2M
 5.08% -12.09%
13.97
0.41
 -1.68% -25.77%
AQMS
56.0M
1.1M
 6.38% -56.90%
-2.34
49.78
 336.95% -55.13%
AWX
8.7M
80.5M
 -1.33% -21.00%
-4.81
0.11
 -0.82% -207.00%

HireQuest Inc News

Latest updates
Yahoo Canada Shine On • 25 hours ago
Is HireQuest, Inc.'s (NASDAQ:HQI) Latest Stock Performance A Reflection Of Its Financial Health?
Defense World • 05 Apr 2024 • 07:00 am
Barrington Research Trims HireQuest (NASDAQ:HQI) Target Price to $19.00
Defense World • 31 Mar 2024 • 05:15 am
Head-To-Head Comparison: Recruiter.com Group (NASDAQ:RCRTW) vs. HireQuest (NASDAQ:HQI)
MarketBeat • 30 Mar 2024 • 11:31 pm
Short Interest in HireQuest, Inc. (NASDAQ:HQI) Drops By 18.8%
Simply Wall St • 28 Mar 2024 • 07:00 am
There May Be Reason For Hope In HireQuest's (NASDAQ:HQI) Disappointing Earnings
Yahoo Finance • 21 Mar 2024 • 07:00 am
HireQuest Inc (HQI) Reports Mixed Financial Outcomes Amid Economic Challenges
Seeking Alpha • 07 Mar 2024 • 08:00 am
HireQuest Stock: Lucrative Despite Jittery Performance (NASDAQ:HQI)
Yahoo Finance • 4 months ago
Should You Think About Buying HireQuest, Inc. (NASDAQ:HQI) Now?
Yahoo Finance • 4 months ago
HireQuest, Inc. Closes Acquisition of TEC Staffing Services
Yahoo Finance • 5 months ago
HireQuest, Inc. Enters Definitive Agreement to Acquire TEC Staffing Services

HireQuest Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue5.3%9,7649,2718,9909,8578,0597,8498,0007,0436,7696,8815,7073,4033,4053,3832,9014,1205,8733,2933,2393,4723,535
Cost Of Revenue------1,123947762171---------18,28916,12317,823
Gross Profit------8,2388,3417,3836,5996,8815,7073,4033,405----3,3816,5505,63213,435
  S&GA Expenses4.3%6,6256,3545,6255,8444,7232,1113,2232,6554,4013,0442,0413,8422,1581,3581,9313,2533,1317,3938711,5521,340
EBITDA Margin-19.0%0.32*0.39*0.48*0.58*0.53*0.54*0.50*0.45*0.62*0.66*0.71*0.67*0.47*--------
Interest Expenses-23.7%23130231454011299.0010948.0090.0042.0020.005.0017210.0018.0011.0038.001062301855.00
Income Taxes-135.7%-18551846554749.0094686165.00227325686-60286.0040451.00199-1,3994,71748.0051.00-13.28
Earnings Before Taxes-86.7%2812,1162,5182,8652,6935,0945,6595562,4123,5193,4063,1401,4432,3751,2081,0742,378-3,7422,3341,7492,166
EBT Margin-27.1%0.21*0.28*0.38*0.48*0.45*0.46*0.42*0.37*0.55*0.59*0.65*0.62*0.44*--------
Net Income-99.0%15.001,4832,0082,6302,7184,2464,8916032,1943,1942,7203,7421,3561,9711,1578753,463-7,7762,3061,7172,190
Net Income Margin-33.7%0.16*0.24*0.33*0.43*0.40*0.40*0.38*0.33*0.52*0.57*0.62*0.63*0.39*--------
Free Cashflow338.9%8,8362,013-6183905,5692,2263,6405,4432,5623,490-53411,8643,940--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.3%10410510811110390.0090.0085.0077.0075.0070.0062.0049.0049.0048.0049.0047.0059.0025.0025.0024.00
  Current Assets-8.4%51.0056.0058.0060.0052.0051.0051.0047.0042.0047.0041.0035.0039.0040.0039.0041.0037.0046.0018.0017.0022.00
    Cash Equivalents20.9%1.001.002.008.003.002.001.002.001.005.002.002.0014.0010.0014.0010.004.002.000.000.001.00
  Net PPE-0.9%4.004.004.004.004.004.004.004.004.004.004.003.003.003.003.003.002.002.000.000.002.00
  Goodwill0%6.006.006.006.006.001.001.00--------------
Liabilities-2.7%41.0042.0046.0050.0045.0034.0038.0038.0031.0030.0028.0023.0013.0014.0014.0017.0016.0029.007.007.0013.00
  Current Liabilities-3.7%36.0037.0041.0045.0037.0026.0029.0028.0021.0022.0020.0018.009.0010.0010.0012.0011.0024.005.005.0013.00
  Long Term Debt-------4.004.003.00------------
    LT Debt, Current-------1.005.000.00------------
    LT Debt, Non Current-------4.004.003.00------------
Shareholder's Equity-0.4%63.0063.0062.0060.0058.0056.0052.0047.0047.0045.0042.0040.0036.0035.0034.0032.0031.0027.0013.0012.0011.00
  Retained Earnings-2.8%28.0029.0029.0027.0026.0024.0020.0016.0016.0015.0013.0011.008.007.006.005.004.003.00-35.98-36.394.00
  Additional Paid-In Capital1.6%35.0034.0034.0033.0033.0032.0032.0031.0030.0030.0029.0029.0029.0029.0028.0028.0028.0026.0054.0054.007.00
Shares Outstanding0.2%14.0014.0014.0014.0014.0014.0014.0014.0013.0013.0014.0014.0014.00--------
Float---133---73.00---93.00---30.00---6.00--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations338.9%8,8362,013-6183905,5692,2263,6405,4432,5623,490-53411,8643,940-2,7254,1645,5026,157-2,747-69.731,6184,748
  Share Based Compensation81.4%5553064603624805831,063246208851301268270391242323405353---
Cashflow From Investing-9228.4%-7,39481.0019237.00-13,426-186-672-9,290-5,396-55.00-1,108-22,88742.00139-4673238,69213810887513.00
Cashflow From Financing60.4%-1,210-3,055-5,7104,7319,371-1,633-3,6664,417-699-8511,871-668-612-86210.0028.00-12,1904,126-425-3,385-3,971
  Dividend Payments----833---822---680---------
  Buy Backs-------------------8,36815.00198-

HQI Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue$ 37,882$ 30,952
Selling, general and administrative expenses24,44812,874
Depreciation and amortization2,7932,040
Income from operations10,64116,038
Other miscellaneous expense(1,738)(2,047)
Interest income263247
Interest and other financing expense(1,386)(368)
Net income before income taxes7,78013,870
Provision for income taxes1,3451,895
Net income from continuing operations6,43511,975
(Loss) income from discontinued operations, net of tax(300)483
Net income$ 6,135$ 12,458
Basic earnings per share  
Continuing operations (in dollars per share)$ 0.47$ 0.87
Discontinued operations (in dollars per share)(0.02)0.04
Total (in dollars per share)0.450.91
Diluted earnings per share  
Continuing operations (in dollars per share)0.470.87
Discontinued operations (in dollars per share)(0.02)0.04
Total (in dollars per share)$ 0.45$ 0.91
Weighted average shares outstanding  
Basic (in shares)13,73313,654
Diluted (in shares)13,80113,721
Royalty [Member]  
Revenue$ 35,813$ 28,897
Service [Member]  
Revenue$ 2,069$ 2,055

HQI Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets  
Cash$ 1,342$ 3,049
Accounts receivable, net of allowance for doubtful accounts44,39445,728
Notes receivable1,788817
Prepaid expenses, deposits, and other assets3,2831,833
Prepaid workers' compensation646503
Total current assets51,45351,930
Property and equipment, net4,2804,353
Workers’ compensation claim payment deposit1,4691,231
Franchise agreements, net21,44023,144
Other intangible assets, net10,16210,690
Goodwill5,8705,870
Deferred tax asset3250
Other assets102325
Notes receivable, net of current portion and reserve7,8342,675
Intangible assets held for sale - discontinued operations8913,065
Total assets103,826103,283
Current liabilities  
Accounts payable137448
Line of credit14,11912,543
Term loans payable514704
Other current liabilities2,3383,408
Accrued wages, benefits and payroll taxes4,2865,602
Due to franchisee9,8819,846
Risk management incentive program liability565877
Workers' compensation claims liability3,8713,352
Total current liabilities35,71136,780
Term loans payable, net of current portion1323,291
Workers' compensation claims liability, net of current portion2,7662,573
Deferred tax liability 60
Franchisee deposits2,4852,325
Total liabilities41,09445,029
Commitments and contingencies (Note 11)
Stockholders' equity  
Preferred stock - $0.001 par value, 1,000 shares authorized; none issued00
Common stock - $0.001 par value, 30,000 shares authorized; 13,997 and 13,918 shares issued, respectively1414
Additional paid-in capital34,52732,844
Treasury stock, at cost - 44 and 40 shares, respectively(146)(146)
Retained earnings28,33725,542
Total stockholders' equity62,73258,254
Total liabilities and stockholders' equity$ 103,826$ 103,283

About HireQuest Inc

HQI
HireQuest, Inc. provides temporary staffing solutions in the United States. It offers staffing services, including skilled and semi-skilled industrial and construction personnel, clerical and administrative personnel, and permanent placement services. The company also specializes in commercial and non-CDL drivers. It serves construction, recycling, warehousing, logistics, auctioneering, manufacturing, hospitality, landscaping, retail industries, as well as dental practices. HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina.
 CEO
 WEBSITEhirequest.com
 INDUSTRYInformation Technology Services
 EMPLOYEES103

HireQuest Inc Frequently Asked Questions

What is the ticker symbol for HireQuest Inc? What does HQI stand for in stocks?

HQI is the stock ticker symbol of HireQuest Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of HireQuest Inc (HQI)?

As of Thu Apr 18 2024, market cap of HireQuest Inc is 167.44 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HQI stock?

You can check HQI's fair value in chart for subscribers.

What is the fair value of HQI stock?

You can check HQI's fair value in chart for subscribers. The fair value of HireQuest Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of HireQuest Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HQI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is HireQuest Inc a good stock to buy?

The fair value guage provides a quick view whether HQI is over valued or under valued. Whether HireQuest Inc is cheap or expensive depends on the assumptions which impact HireQuest Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HQI.

What is HireQuest Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, HQI's PE ratio (Price to Earnings) is 27.29 and Price to Sales (PS) ratio is 4.42. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HQI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on HireQuest Inc's stock?

In the past 10 years, HireQuest Inc has provided 0.441 (multiply by 100 for percentage) rate of return.