HireQuest (HQI) to Release Quarterly Earnings on Thursday

HireQuest (NASDAQ:HQI) will announce its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

HireQuest (NASDAQ:HQI) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. HireQuest had a net margin of 14.27% and a return on equity of 9.15%. The business had revenue of $8.68 million during the quarter, compared to analysts’ expectations of $8.40 million. During the same period last year, the company posted $0.15 EPS. On average, analysts expect HireQuest to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

HireQuest Stock Up 2.9 %

Shares of NASDAQ:HQI opened at $13.48 on Wednesday. HireQuest has a 52 week low of $11.39 and a 52 week high of $17.31. The stock has a market capitalization of $188.72 million, a P/E ratio of 35.47 and a beta of 1.02. The firm has a fifty day simple moving average of $13.96 and a two-hundred day simple moving average of $13.19.

HireQuest Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Monday, September 2nd were paid a $0.06 dividend. The ex-dividend date was Friday, August 30th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.78%. HireQuest’s payout ratio is currently 63.16%.

Analyst Ratings Changes

Several research firms have recently issued reports on HQI. Barrington Research raised their target price on shares of HireQuest from $16.00 to $17.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. DA Davidson restated a “buy” rating and issued a $19.00 target price on shares of HireQuest in a report on Friday, August 9th.

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.