HireRight (HRT) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for HireRight in the last twelve months. There are currently 5 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.
View HRT analyst ratings or view top-rated stocks.

8 Wall Street research analysts have issued twelve-month price objectives for HireRight's stock. Their HRT share price forecasts range from $10.00 to $15.00. On average, they anticipate the company's stock price to reach $12.48 in the next twelve months. This suggests a possible upside of 34.0% from the stock's current price.
View analysts price targets for HRT or view top-rated stocks among Wall Street analysts.

HireRight's stock was trading at $11.86 at the beginning of the year. Since then, HRT stock has decreased by 21.5% and is now trading at $9.31.
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HireRight saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,250,000 shares, a drop of 23.3% from the August 15th total of 1,630,000 shares. Based on an average trading volume of 282,500 shares, the days-to-cover ratio is currently 4.4 days. Currently, 8.3% of the shares of the company are short sold.
View HireRight's Short Interest.

HireRight Holdings Co. (NYSE:HRT) posted its earnings results on Tuesday, August, 8th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.02. The business had revenue of $192.12 million for the quarter, compared to the consensus estimate of $190.86 million.

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

HireRight issued an update on its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $1.05-$1.10 for the period, compared to the consensus estimate of $1.32. The company issued revenue guidance of $720.00 million-$735.00 million, compared to the consensus revenue estimate of $728.04 million.

(HRT) raised $500 million in an initial public offering (IPO) on Friday, October 29th 2021. The company issued 22,222,222 shares at $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 investors include Jennison Associates LLC (49.06%), BlackRock Inc. (42.81%), Invenomic Capital Management LP (28.94%), Indaba Capital Management L.P. (14.81%), State Street Corp (13.67%) and Royce & Associates LP (13.48%). Insiders that own company stock include Atlantic Genpar (Bermu General, James Laplaine, Lisa L Troe, 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 $9.31.

HireRight (NYSE:HRT) has a market capitalization of $26.25 million and generates $753.24 million in revenue each year.

The company employs 3,078 workers across the globe.

HireRight's mailing address is 100 Centerview Drive, Suite 300, Nashville, TN 37214, United States. The official website for the company is www.hireright.com. The company can be reached via phone at 615-320-9800.