HireRight (HRT) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for HireRight in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HRT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HRT, but not buy additional shares or sell existing shares.
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7 brokers have issued 12-month price objectives for HireRight's shares. Their HRT share price forecasts range from $10.00 to $17.00. On average, they expect the company's stock price to reach $12.98 in the next year. This suggests a possible upside of 26.8% from the stock's current price.
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HireRight's stock was trading at $11.86 at the beginning of the year. Since then, HRT shares have decreased by 13.7% and is now trading at $10.23.
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HireRight saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,750,000 shares, an increase of 27.7% from the April 30th total of 1,370,000 shares. Based on an average daily trading volume, of 376,200 shares, the short-interest ratio is presently 4.7 days. Approximately 9.9% of the company's stock are short sold.
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HireRight Holdings Co. (NYSE:HRT) announced its quarterly earnings results on Thursday, March, 9th. The company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.14. The firm earned $175.36 million during the quarter, compared to analyst estimates of $171.03 million.

ETFs with the largest weight of HireRight (NYSE:HRT) stock in their portfolio include First Trust Small Cap Growth AlphaDEX Fund (FYC),

HireRight (NYSE:HRT) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.00%.

HireRight updated its FY23 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of $1.30-1.43 for the period, compared to the consensus estimate of $1.34. The company issued revenue guidance of $720-745 million, compared to the consensus revenue estimate of $731.50 million.

(HRT) raised $500 million in an IPO on Friday, October 29th 2021. The company issued 22,222,222 shares at a price of $21.00-$24.00 per share.

HireRight trades on the New York Stock Exchange (NYSE) under the ticker symbol "HRT."

HireRight's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Ameriprise Financial Inc. (81.10%), Rubric Capital Management LP (51.07%), Jennison Associates LLC (45.33%), BlackRock Inc. (43.11%), LGT Capital Partners LTD. (20.73%) and State Street Corp (14.09%). Insiders that own company stock include Atlantic Genpar (Bermu General, Mark F Dzialga, Rjc Gis Holdings Llc and Stone Point Capital Llc.
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Shares of HRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HRT stock can currently be purchased for approximately $10.23.

HireRight (NYSE:HRT) has a market capitalization of $28.85 million and generates $783.40 million in revenue each year.

The company employs 2,760 workers across the globe.