Barrington Research Comments on HireQuest Q1 Earnings

HireQuest, Inc. (NASDAQ:HQI) – Barrington Research issued their Q1 2025 earnings per share estimates for shares of HireQuest in a note issued to investors on Monday, March 31st. Barrington Research analyst K. Steinke anticipates that the company will post earnings of $0.14 per share for the quarter. Barrington Research 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 (NASDAQ:HQI) last posted its quarterly earnings results on Thursday, March 27th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.02. The company had revenue of $8.08 million for the quarter, compared to analyst estimates of $9.30 million. HireQuest had a net margin of 4.04% and a return on equity of 11.02%.

HireQuest Trading Up 2.5 %

HireQuest stock opened at $12.37 on Wednesday. The firm has a 50 day simple moving average of $13.56 and a 200 day simple moving average of $13.89. HireQuest has a 1-year low of $11.39 and a 1-year high of $15.75. The firm has a market capitalization of $173.18 million, a price-to-earnings ratio of 112.45 and a beta of 1.03.

Institutional Trading of HireQuest

A number of institutional investors have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. grew its holdings in HireQuest by 16.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 16,229 shares of the company’s stock valued at $230,000 after buying an additional 2,256 shares in the last quarter. Barclays PLC grew its stake in HireQuest by 288.2% during the third quarter. Barclays PLC now owns 7,837 shares of the company’s stock valued at $110,000 after acquiring an additional 5,818 shares in the last quarter. Geode Capital Management LLC increased its holdings in HireQuest by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 131,394 shares of the company’s stock worth $1,861,000 after acquiring an additional 5,007 shares during the period. JPMorgan Chase & Co. lifted its stake in HireQuest by 233.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,932 shares of the company’s stock worth $141,000 after purchasing an additional 6,953 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in HireQuest by 31.8% in the 4th quarter. Bank of New York Mellon Corp now owns 111,488 shares of the company’s stock valued at $1,579,000 after purchasing an additional 26,913 shares during the period. Hedge funds and other institutional investors own 12.00% of the company’s stock.

HireQuest Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.94%. The ex-dividend date was Monday, March 3rd. HireQuest’s dividend payout ratio (DPR) is presently 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.