Hirequest Inc

Company Profile

Hirequest Inc had its IPO on 2002-06-06 under the ticker symbol HQI.

The company operates in the Industrials sector and Staffing & Employment Services industry. Hirequest Inc has a staff strength of 103 employees.

Stock update

Shares of Hirequest Inc opened at $16.96 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $16.88 - $17.75, and closed at $17.43.

This is a +2.17% increase from the previous day's closing price.

A total volume of 42,166 shares were traded at the close of the day’s session.

In the last one week, shares of Hirequest Inc have slipped by -7.63%.

Hirequest Inc's Key Ratios

Hirequest Inc has a market cap of $262.29 million, indicating a price to book ratio of 4.3999 and a price to sales ratio of 7.513.

In the last 12-months Hirequest Inc’s revenue was $34.76 million with a gross profit of $30.95 million and an EBITDA of $16.64 million. The EBITDA ratio measures Hirequest Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Hirequest Inc’s operating margin was 40.92% while its return on assets stood at 8.99% with a return of equity of 19.41%.

In Q2, Hirequest Inc’s quarterly earnings growth was a negative -59% while revenue growth was a positive 12.4%.

Hirequest Inc’s PE and PEG Ratio

Forward PE

15.8228

Trailing PE

23.8861

PEG

Its diluted EPS in the last 12-months stands at $0.79 per share while it has a forward price to earnings multiple of 15.8228 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hirequest Inc’s profitability.

Hirequest Inc stock is trading at a EV to sales ratio of 7.4699 and a EV to EBITDA ratio of 15.2572. Its price to sales ratio in the trailing 12-months stood at 7.513.

Hirequest Inc stock pays annual dividends of $0.24 per share, indicating a yield of 1.27% and a payout ratio of 28.24%.

Balance sheet and cash flow metrics

Total Assets

$107.81 million

Total Liabilities

$40.60 million

Operating Cash Flow

$192000.00

Capital Expenditure

$60000

Dividend Payout Ratio

28.24%

Hirequest Inc ended 2024 with $107.81 million in total assets and $0 in total liabilities. Its intangible assets were valued at $107.81 million while shareholder equity stood at $62.05 million.

Hirequest Inc ended 2024 with $261000.00 in deferred long-term liabilities, $40.60 million in other current liabilities, 14000.00 in common stock, $28.51 million in retained earnings and $5.87 million in goodwill. Its cash balance stood at $2.07 million and cash and short-term investments were $2.07 million. The company’s total short-term debt was $17,009,000 while long-term debt stood at $348000.00.

Hirequest Inc’s total current assets stands at $57.87 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $52.20 million compared to accounts payable of $163000.00 and inventory worth $997000.00.

In 2024, Hirequest Inc's operating cash flow was $192000.00 while its capital expenditure stood at $60000.

Comparatively, Hirequest Inc paid $0.28 in dividends in 2024.

Other key metrics

Current Trading Price

$17.43

52-Week High

$29.2896

52-Week Low

$12.352

Analyst Target Price

$27

Hirequest Inc stock is currently trading at $17.43 per share. It touched a 52-week high of $29.2896 and a 52-week low of $29.2896. Analysts tracking the stock have a 12-month average target price of $27.

Its 50-day moving average was $22.19 and 200-day moving average was $21.56 The short ratio stood at 6.32 indicating a short percent outstanding of 0%.

Around 6238.2% of the company’s stock are held by insiders while 835.2% are held by institutions.