HireQuest (NASDAQ:HQI - Free Report) had its price target decreased by Barrington Research from $19.00 to $16.00 in a report released on Tuesday, Benzinga reports. Barrington Research currently has an outperform rating on the stock.
Separately, DA Davidson decreased their target price on shares of HireQuest from $25.00 to $23.00 and set a buy rating for the company in a report on Friday, March 22nd.
Check Out Our Latest Stock Analysis on HireQuest
HireQuest Stock Up 3.7 %
Shares of HireQuest stock traded up $0.44 during trading on Tuesday, reaching $12.30. The company's stock had a trading volume of 21,683 shares, compared to its average volume of 14,300. HireQuest has a 52-week low of $11.40 and a 52-week high of $29.38. The company has a market cap of $172.20 million, a price-to-earnings ratio of 32.37 and a beta of 1.03. The firm's 50-day moving average is $12.60 and its two-hundred day moving average is $13.77.
HireQuest (NASDAQ:HQI - Get Free Report) last posted its quarterly earnings results on Thursday, March 21st. The company reported $0.03 EPS for the quarter, beating analysts' consensus estimates of ($0.10) by $0.13. HireQuest had a net margin of 14.06% and a return on equity of 9.23%. The company had revenue of $9.76 million during the quarter, compared to analyst estimates of $8.42 million. On average, equities research analysts anticipate that HireQuest will post 0.68 EPS for the current year.
HireQuest Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a $0.06 dividend. The ex-dividend date was Thursday, February 29th. This represents a $0.24 dividend on an annualized basis and a yield of 1.95%. HireQuest's dividend payout ratio is currently 63.16%.
Institutional Investors Weigh In On HireQuest
An institutional investor recently bought a new position in HireQuest stock. US Bancorp DE bought a new stake in shares of HireQuest, Inc. (NASDAQ:HQI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 133,333 shares of the company's stock, valued at approximately $2,047,000. US Bancorp DE owned about 0.96% of HireQuest as of its most recent SEC filing. Hedge funds and other institutional investors own 12.00% of the company's stock.
HireQuest Company Profile
(
Get Free Report)
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.
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