Hirequest Stock Analysis

HQI Stock  USD 22.83  0.60  2.70%   
The recent price surge of Hirequest may raise some interest from traders. The stock closed today at a share price of 22.83 on 11,538 in trading volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in March. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.48. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Hirequest partners.
Please check Risk vs Return Analysis.
  
The Hirequest stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Hirequest is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, Christmas Day ( substitute day ), New Year 's Monday, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Hirequest Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Hirequest's ongoing operational relationships across important fundamental and technical indicators.

Hirequest Stock Analysis Notes

About 62.0% of the company shares are held by company insiders. The book value of Hirequest was currently reported as 4.03. The company last dividend was issued on the 30th of November 2022. Hirequest had 1:12 split on the 8th of December 2017. HireQuest, Inc. provides temporary staffing solutions in the United States. The company was formerly known as Command Center, Inc. and changed its name to HireQuest, Inc. in September 2019.HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina. Hirequest operates under Staffing Employment Services classification in the United States and is traded on NASDAQ Exchange. It employs 70 people. To learn more about Hirequest call the company at 843 723 7400 or check out https://www.hirequest.com.

Hirequest Upcoming and Recent Events

Earnings reports are used by Hirequest to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hirequest previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report24th of March 2022
Next Fiscal Quarter End31st of December 2021

Hirequest SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Hirequest prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Hirequest investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Hirequest specific information freely available to individual and institutional investors to make a timely investment decision.
6th of September 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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16th of August 2022
Financial Statements and Exhibits. Regulation FD Disclosure
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9th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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16th of June 2022
Submission of Matters to a Vote of Security Holders
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17th of May 2022
Financial Statements and Exhibits. Regulation FD Disclosure
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10th of May 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
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13th of April 2022
Financial Statements and Exhibits. Regulation FD Disclosure
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Hirequest Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 305.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hirequest's market, we take the total number of its shares issued and multiply it by Hirequest's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Hirequest Profitablity

Hirequest's profitability indicators refer to fundamental financial ratios that showcase Hirequest's ability to generate income relative to its revenue or operating costs. If, let's say, Hirequest is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hirequest's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hirequest's profitability requires more research than a typical breakdown of Hirequest's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.36 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.51 %, which entails that for every 100 dollars of revenue, it generated 0.01 of operating income.
Last ReportedProjected for 2023
Return on Investment 20.41  30.02 
Return on Average Assets 16.87  18.20 
Return on Average Equity 25.67  27.69 
Return on Invested Capital 0.40  0.44 
Return on Sales 0.64  0.69 

Management Efficiency

The entity has Return on Asset of 0.1306 % which means that on every $100 spent on asset, it made $0.1306 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 0.2308 %, implying that it generated $0.2308 on every 100 dollars invested. Hirequest management efficiency ratios could be used to measure how well hirequest manages its routine affairs as well as how well it operates its assets and liabilities. The current Return on Investment is estimated to increase to 30.02. The current Return on Average Assets is estimated to increase to 18.20. Hirequest Goodwill and Intangible Assets are increasing as compared to previous years. The last year's value of Goodwill and Intangible Assets was reported at 30.96 Million. The current Tax Assets is estimated to increase to about 73.3 K, while Total Assets Per Share are projected to decrease to 4.45.
Last ReportedProjected for 2023
Book Value per Share 3.98  3.52 
Enterprise Value over EBIT 25.30  21.11 
Enterprise Value over EBITDA 22.28  18.36 
Price to Book Value 5.33  4.22 
Tangible Assets Book Value per Share 4.30  4.44 
Enterprise Value316.5 M341.5 M
Tangible Asset Value58 M46.9 M
Non Current Liabilities Total
9.1 M
Forward Dividend Yield
0.0112
Short Long Term Debt Total
3.2 M
Forward Dividend Rate
0.24
Interest Expense
157.2 K

Technical Drivers

As of the 7th of February, Hirequest retains the Downside Deviation of 3.1, risk adjusted performance of 0.2184, and Market Risk Adjusted Performance of 1.93. Hirequest technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and collect data for nineteen technical drivers for Hirequest, which can be compared to its competitors. Please check out Hirequest variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Hirequest is priced fairly, providing market reflects its last-minute price of 22.83 per share. Given that Hirequest has jensen alpha of 0.6081, we strongly advise you to confirm Hirequest's regular market performance to make sure the company can sustain itself at a future point.

Hirequest Price Movement Analysis

The output start index for this execution was fifty-nine with a total number of output elements of two. The Moving Average is predictive technique used to analyze Hirequest price data points by creating a series of averages of different subsets of Hirequest entire price series.
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Hirequest Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hirequest insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hirequest's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hirequest insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Hirequest Predictive Daily Indicators

Hirequest intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hirequest stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Hirequest Forecast Models

Hirequest time-series forecasting models is one of many Hirequest's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hirequest's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Hirequest Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Hirequest prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hirequest shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Hirequest. By using and applying Hirequest Stock analysis, traders can create a robust methodology for identifying Hirequest entry and exit points for their positions.
Last ReportedProjected for 2023
Operating Margin 30.30  32.69 
EBITDA Margin 48.93  52.79 
Gross Margin 89.33  96.38 
Profit Margin 46.86  50.56 

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Hirequest to your portfolios without increasing risk or reducing expected return.

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Please check Risk vs Return Analysis. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Hirequest price analysis, check to measure Hirequest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hirequest is operating at the current time. Most of Hirequest's value examination focuses on studying past and present price action to predict the probability of Hirequest's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hirequest's price. Additionally, you may evaluate how the addition of Hirequest to your portfolios can decrease your overall portfolio volatility.
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Is Hirequest's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hirequest. If investors know Hirequest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hirequest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.335
Market Capitalization
305.7 M
Quarterly Revenue Growth
0.36
Return On Assets
0.1306
Return On Equity
0.2308
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hirequest's market value can be influenced by many factors that don't directly affect Hirequest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine Hirequest value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.