Analysts Offer Predictions for HireQuest Q1 Earnings

HireQuest, Inc. (NASDAQ:HQI - Free Report) - Research analysts at Barrington Research issued their Q1 2025 earnings per share (EPS) estimates for HireQuest in a note issued to investors on Monday, March 31st. Barrington Research analyst K. Steinke expects that the company will earn $0.14 per share for the quarter. Barrington Research currently has a "Outperform" rating and a $16.00 price target on the stock. The consensus estimate for HireQuest's current full-year earnings is $0.28 per share. Barrington Research also issued estimates for HireQuest's Q2 2025 earnings at $0.17 EPS, Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.68 EPS and FY2026 earnings at $0.80 EPS.

HireQuest Price Performance

Shares of HQI traded down $0.27 during trading hours on Wednesday, hitting $11.57. The stock had a trading volume of 24,395 shares, compared to its average volume of 14,909. The stock has a market capitalization of $161.98 million, a price-to-earnings ratio of 105.18 and a beta of 1.13. HireQuest has a 52 week low of $11.39 and a 52 week high of $15.75. The company's fifty day moving average is $13.50 and its two-hundred day moving average is $13.85.

HireQuest (NASDAQ:HQI - Get Free Report) last announced its quarterly earnings results on Thursday, March 27th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. The business had revenue of $8.08 million for the quarter, compared to analyst estimates of $9.30 million. HireQuest had a return on equity of 11.02% and a net margin of 4.04%.

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Institutional Investors Weigh In On HireQuest

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN raised its position in HireQuest by 36.2% in the 4th quarter. Wells Fargo & Company MN now owns 3,187 shares of the company's stock worth $45,000 after purchasing an additional 847 shares during the last quarter. Barclays PLC raised its position in shares of HireQuest by 288.2% during the third quarter. Barclays PLC now owns 7,837 shares of the company's stock worth $110,000 after acquiring an additional 5,818 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of HireQuest by 233.4% during the third quarter. JPMorgan Chase & Co. now owns 9,932 shares of the company's stock valued at $141,000 after acquiring an additional 6,953 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in HireQuest by 16.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 16,229 shares of the company's stock valued at $230,000 after acquiring an additional 2,256 shares during the last quarter. Finally, Inlight Wealth Management LLC bought a new position in HireQuest in the fourth quarter valued at about $287,000. 12.00% of the stock is owned by institutional investors and hedge funds.

HireQuest Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 2.07%. The ex-dividend date was Monday, March 3rd. HireQuest's payout ratio is currently 88.89%.

HireQuest Company Profile

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.