Barrington Research Boosts Earnings Estimates for HireQuest

HireQuest, Inc. (NASDAQ:HQI) – Equities researchers at Barrington Research increased their FY2025 earnings estimates for HireQuest in a research report issued on Wednesday, November 12th. Barrington Research analyst K. Steinke now expects that the company will earn $0.64 per share for the year, up from their previous estimate of $0.52. Barrington Research has a “Outperform” rating and a $13.00 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 Q4 2025 earnings at $0.12 EPS.

Separately, Weiss Ratings raised shares of HireQuest from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, November 7th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, HireQuest presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.00.

HireQuest Trading Down 2.7%

Shares of HireQuest stock opened at $9.49 on Friday. The stock has a market capitalization of $133.81 million, a P/E ratio of 52.72 and a beta of 1.22. HireQuest has a twelve month low of $7.75 and a twelve month high of $15.75. The business’s fifty day moving average price is $9.20 and its 200 day moving average price is $9.66.

HireQuest (NASDAQ:HQI) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.10. The company had revenue of $8.50 million for the quarter, compared to analyst estimates of $8.11 million. HireQuest had a net margin of 7.47% and a return on equity of 13.88%.

Hedge Funds Weigh In On HireQuest

Institutional investors and hedge funds have recently bought and sold shares of the stock. GWN Securities Inc. purchased a new stake in shares of HireQuest during the second quarter valued at approximately $129,000. Russell Investments Group Ltd. grew its holdings in HireQuest by 62,604.0% during the 1st quarter. Russell Investments Group Ltd. now owns 15,676 shares of the company’s stock valued at $187,000 after purchasing an additional 15,651 shares in the last quarter. Ancora Advisors LLC purchased a new stake in HireQuest during the 1st quarter worth $317,000. Geode Capital Management LLC lifted its holdings in HireQuest by 4.3% in the 2nd quarter. Geode Capital Management LLC now owns 139,141 shares of the company’s stock worth $1,393,000 after buying an additional 5,685 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in HireQuest by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 293,013 shares of the company’s stock valued at $2,819,000 after buying an additional 12,246 shares during the last quarter. Hedge funds and other institutional investors own 12.00% of the company’s stock.

HireQuest Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Monday, December 1st. HireQuest’s dividend payout ratio (DPR) is presently 48.00%.

About HireQuest

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.