Hirequest Financials

HQI Stock  USD 14.19  0.79  5.90%   
Based on the key indicators related to Hirequest's liquidity, profitability, solvency, and operating efficiency, Hirequest is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in March. As of now, Hirequest's Non Current Assets Total are increasing as compared to previous years. The Hirequest's current Common Stock Shares Outstanding is estimated to increase to about 16.7 M, while Non Current Liabilities Total is projected to decrease to under 3.4 M. Key indicators impacting Hirequest's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.961.3
Way Up
Slightly volatile
The financial analysis of Hirequest is a critical element in measuring its lifeblood. Investors should not minimize Hirequest's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

7.41 Million

  
Understanding current and past Hirequest Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hirequest's financial statements are interrelated, with each one affecting the others. For example, an increase in Hirequest's assets may result in an increase in income on the income statement.

Hirequest Stock Summary

Hirequest competes with Kelly Services, Kforce, Heidrick Struggles, Hudson Global, and Kelly Services. 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.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS4335351015
CUSIP433535101 200497204 200497105
LocationSouth Carolina; U.S.A
Business Address111 Springhall Drive,
SectorProfessional Services
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitehirequest.com
Phone843 723 7400
CurrencyUSD - US Dollar

Hirequest Key Financial Ratios

Hirequest Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets49.1M77.4M103.3M103.8M119.4M125.4M
Retained Earnings7.7M16.4M25.5M28.3M32.6M34.2M
Total Liab12.7M30.6M45.0M41.1M47.3M49.6M
Common Stock13.5K13.6K13.7K14K16.1K30.9K
Other Current Liab9.0M20.0M23.1M20.9M24.1M25.3M
Net Debt(13.7M)2.0M13.5M13.4M15.4M16.2M
Accounts Payable457.5K1.1M448K137K123.3K117.1K
Cash13.7M1.3M3.0M1.3M1.2M1.1M
Other Assets623.5K25.3M7.3M1.01.151.09
Net Receivables23.5M38.2M46.5M46.2M53.1M55.8M
Inventory1.0M1.4M369.2K915K1.1M1.1M
Other Current Assets1.8M2.5M2.3M3.9M4.5M4.7M
Total Current Assets39.0M42.0M51.9M51.5M59.2M62.1M
Capital Surpluse27.6M28.8M30.5M32.8M29.6M35.8M
Other Liab4.6M3.3M6.3M5.0M5.7M3.8M
Net Tangible Assets31.3M36.0M46.7M47.6M54.7M33.9M
Net Invested Capital36.4M50.0M74.8M77.5M89.1M48.5M
Net Working Capital29.5M20.5M15.2M15.7M18.1M21.1M
Capital Stock13.5K13.6K13.7K14K16.1K13.5K

Hirequest Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense49.7K157.2K368K1.4M1.6M1.7M
Total Revenue13.8M22.8M31.0M37.9M43.6M59.1M
Gross Profit13.8M22.6M28.9M37.9M43.6M45.7M
Operating Income5.0M7.7M16.0M10.6M12.2M12.8M
Ebit6.6M7.7M14.2M8.9M10.2M10.7M
Ebitda6.7M9.2M16.3M11.6M13.4M14.1M
Income Before Tax6.1M12.5M13.9M7.8M8.9M9.4M
Net Income5.4M11.9M12.5M6.1M7.1M7.4M
Income Tax Expense741.0K638.1K1.9M1.3M1.2M1.1M
Tax Provision741.0K638.1K1.9M1.6M1.8M951.2K
Interest Income711.6K412.5K247K246K221.4K301.2K
Net Interest Income(49.7K)255.2K(121K)(1.0M)(918.9K)(873.0K)

Hirequest Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash9.5M(12.4M)1.8M(1.7M)(1.5M)(1.5M)
Free Cash Flow9.1M15.4M15.4M10.1M11.7M12.2M
Other Non Cash Items2.4M(4.0M)3.1M2.9M2.6M2.5M
Capital Expenditures1.8M2.0M1.5M98K112.7K107.1K
Net Income5.4M11.8M12.5M6.4M7.4M7.8M
End Period Cash Flow13.7M1.3M3.0M1.3M1.5M1.5M
Depreciation129.2K1.6M2.0M2.8M3.2M3.4M
Change To Inventory(181.4K)1.0M(4.3M)13.1M15.1M15.8M
Investments36.4K5.1M674K(13.1M)(11.8M)(11.2M)
Net Borrowings(4.8M)67.4K2.8M11.8M13.6M14.2M
Dividends Paid1.4M3.1M3.3M3.3M3.8M2.9M
Change To Netincome9.1M1.9M839.0K5.5M6.3M6.6M

Hirequest Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hirequest's current stock value. Our valuation model uses many indicators to compare Hirequest value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hirequest competition to find correlations between indicators driving Hirequest's intrinsic value. More Info.
Hirequest is rated below average in return on equity category among its peers. It is rated # 2 in return on asset category among its peers reporting about  2.03  of Return On Asset per Return On Equity. As of now, Hirequest's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hirequest's earnings, one of the primary drivers of an investment's value.

Hirequest Systematic Risk

Hirequest's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hirequest volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on Hirequest correlated with the market. If Beta is less than 0 Hirequest generally moves in the opposite direction as compared to the market. If Hirequest Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hirequest is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hirequest is generally in the same direction as the market. If Beta > 1 Hirequest moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Hirequest Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hirequest's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Hirequest growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.74)

As of now, Hirequest's Price Earnings To Growth Ratio is increasing as compared to previous years.

Hirequest February 17, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Hirequest help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hirequest. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hirequest based on widely used predictive technical indicators. In general, we focus on analyzing Hirequest Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hirequest's daily price indicators and compare them against related drivers.

Complementary Tools for Hirequest Stock analysis

When running Hirequest's 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 the 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.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation