Barrington Research Forecasts Reduced Earnings for HireQuest

HireQuest, Inc. (NASDAQ:HQI - Free Report) - Investment analysts at Barrington Research decreased their FY2025 earnings per share (EPS) estimates for HireQuest in a report issued on Monday, May 12th. Barrington Research analyst K. Steinke now anticipates that the company will earn $0.40 per share for the year, down from their prior forecast of $0.68. 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 $0.08 EPS and FY2026 earnings at $0.49 EPS.

HireQuest (NASDAQ:HQI - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.04). HireQuest had a net margin of 4.04% and a return on equity of 11.02%. The firm had revenue of $7.47 million during the quarter, compared to analysts' expectations of $8.03 million.

HireQuest Stock Performance

Shares of HQI stock traded up $0.12 during trading hours on Wednesday, reaching $9.86. The company had a trading volume of 1,553 shares, compared to its average volume of 15,320. HireQuest has a 12-month low of $9.04 and a 12-month high of $15.75. The company has a market capitalization of $138.04 million, a price-to-earnings ratio of 89.64 and a beta of 1.20. The stock has a fifty day moving average of $11.24 and a 200-day moving average of $13.06.

Hedge Funds Weigh In On HireQuest

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Wells Fargo & Company MN increased its stake in HireQuest by 36.2% in the fourth quarter. Wells Fargo & Company MN now owns 3,187 shares of the company's stock valued at $45,000 after purchasing an additional 847 shares during the last quarter. Barclays PLC lifted its stake in shares of HireQuest by 288.2% in the 3rd 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 period. JPMorgan Chase & Co. increased its position in HireQuest by 233.4% during 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 during the period. Russell Investments Group Ltd. grew its holdings in HireQuest by 62,604.0% during the first quarter. Russell Investments Group Ltd. now owns 15,676 shares of the company's stock worth $187,000 after acquiring an additional 15,651 shares during the period. Finally, Inlight Wealth Management LLC purchased a new stake in HireQuest during the fourth quarter worth about $287,000. 12.00% of the stock is currently owned by hedge funds and other institutional investors.

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.