Barrington Research Reduces Earnings Estimates for HireQuest

HireQuest, Inc. (NASDAQ:HQI - Free Report) - Investment analysts at Barrington Research decreased their Q2 2025 earnings estimates for HireQuest in a report issued on Monday, May 12th. Barrington Research analyst K. Steinke now forecasts that the company will post earnings of $0.11 per share for the quarter, down from their previous estimate of $0.17. 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 Q3 2025 earnings at $0.11 EPS.

HireQuest Stock Down 2.6%

Shares of HireQuest stock traded down $0.26 during midday trading on Tuesday, hitting $9.74. The company had a trading volume of 36,412 shares, compared to its average volume of 15,375. HireQuest has a 12-month low of $9.04 and a 12-month high of $15.75. The company has a fifty day simple moving average of $11.24 and a 200 day simple moving average of $13.06. The stock has a market cap of $136.36 million, a price-to-earnings ratio of 88.55 and a beta of 1.20.

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

Institutional Investors Weigh In On HireQuest

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Barclays PLC lifted its position in shares of HireQuest by 10.4% during the 4th quarter. Barclays PLC now owns 8,651 shares of the company's stock valued at $123,000 after buying an additional 814 shares in the last quarter. Wells Fargo & Company MN increased its position in HireQuest by 36.2% during the fourth 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. Geode Capital Management LLC increased its position in HireQuest by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 132,303 shares of the company's stock worth $1,874,000 after purchasing an additional 909 shares during the last quarter. Northern Trust Corp increased its position in HireQuest by 9.0% during the fourth quarter. Northern Trust Corp now owns 53,808 shares of the company's stock worth $762,000 after purchasing an additional 4,449 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in HireQuest by 233.4% during the third 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 last quarter. Institutional investors and hedge funds own 12.00% of the company's stock.

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.