HireRight Holdings Corp

Company Profile

HireRight Holdings Corp had its IPO on 2021-10-29 under the ticker symbol HRT.

The company operates in the Industrials sector and Staffing & Employment Services industry. HireRight Holdings Corp has a staff strength of 3,078 employees.

Stock update

Shares of HireRight Holdings Corp opened at $8.94 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $8.7 - $9.1, and closed at $8.75.

This is a -2.02% slip from the previous day's closing price.

A total volume of 187,239 shares were traded at the close of the day’s session.

In the last one week, shares of HireRight Holdings Corp have slipped by -15.54%.

HireRight Holdings Corp's Key Ratios

HireRight Holdings Corp has a market cap of $722.04 million, indicating a price to book ratio of 1.7259 and a price to sales ratio of 1.1437.

In the last 12-months HireRight Holdings Corp’s revenue was $753.24 million with a gross profit of $370.93 million and an EBITDA of $139.01 million. The EBITDA ratio measures HireRight Holdings Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, HireRight Holdings Corp’s operating margin was 8.76% while its return on assets stood at 2.7% with a return of equity of 21.38%.

In Q2, HireRight Holdings Corp’s quarterly earnings growth was a negative -90.3% while revenue growth was a negative 13.6%.

HireRight Holdings Corp’s PE and PEG Ratio

Forward PE

8.2102

Trailing PE

8.2222

PEG

Its diluted EPS in the last 12-months stands at $1.26 per share while it has a forward price to earnings multiple of 8.2102 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 HireRight Holdings Corp’s profitability.

HireRight Holdings Corp stock is trading at a EV to sales ratio of 1.8317 and a EV to EBITDA ratio of 9.0123. Its price to sales ratio in the trailing 12-months stood at 1.1437.

HireRight Holdings Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.51 billion

Total Liabilities

$143.89 million

Operating Cash Flow

$-4752000.00

Capital Expenditure

$3.75 million

Dividend Payout Ratio

0%

HireRight Holdings Corp ended 2024 with $1.51 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.51 billion while shareholder equity stood at $486.40 million.

HireRight Holdings Corp ended 2024 with $5.51 million in deferred long-term liabilities, $143.89 million in other current liabilities, 80000.00 in common stock, $-221189000.00 in retained earnings and $813.44 million in goodwill. Its cash balance stood at $77.49 million and cash and short-term investments were $77.49 million. The company’s total short-term debt was $8,350,000 while long-term debt stood at $680.51 million.

HireRight Holdings Corp’s total current assets stands at $239.07 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $142.40 million compared to accounts payable of $10.54 million and inventory worth $0.

In 2024, HireRight Holdings Corp's operating cash flow was $-4752000.00 while its capital expenditure stood at $3.75 million.

Comparatively, HireRight Holdings Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$8.75

52-Week High

$17.245

52-Week Low

$6.876

Analyst Target Price

$12.16

HireRight Holdings Corp stock is currently trading at $8.75 per share. It touched a 52-week high of $17.245 and a 52-week low of $17.245. Analysts tracking the stock have a 12-month average target price of $12.16.

Its 50-day moving average was $10.53 and 200-day moving average was $10.92 The short ratio stood at 6.72 indicating a short percent outstanding of 0%.

Around 993.9% of the company’s stock are held by insiders while 9277% are held by institutions.