Hirequest Price To Sales Ratio vs Cash Per Share Analysis

HQI Stock  USD 14.19  0.79  5.90%   
Hirequest financial indicator trend analysis is much more than just examining Hirequest latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hirequest is a good investment. Please check the relationship between Hirequest Price To Sales Ratio and its Cash Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.

Price To Sales Ratio vs Cash Per Share

Price To Sales Ratio vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hirequest Price To Sales Ratio account and Cash Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hirequest's Price To Sales Ratio and Cash Per Share is -0.66. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Hirequest, assuming nothing else is changed. The correlation between historical values of Hirequest's Price To Sales Ratio and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Hirequest are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Price To Sales Ratio i.e., Hirequest's Price To Sales Ratio and Cash Per Share go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Hirequest stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hirequest sales, a figure that is much harder to manipulate than other Hirequest multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Cash Per Share

Most indicators from Hirequest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hirequest current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.The Hirequest's current Enterprise Value is estimated to increase to about 117.9 M, while Selling General Administrative is projected to decrease to under 13.3 M.
 2022 2023 2024 2025 (projected)
Gross Profit28.9M37.9M43.6M45.7M
Total Revenue31.0M37.9M43.6M59.1M

Hirequest fundamental ratios Correlations

0.980.860.980.930.69-0.250.97-0.340.870.970.970.37-0.29-0.330.910.14-0.330.98-0.27-0.650.320.890.980.930.46
0.980.880.950.930.63-0.260.91-0.40.780.960.910.36-0.35-0.330.920.11-0.330.97-0.36-0.640.320.860.980.920.4
0.860.880.840.830.59-0.690.79-0.640.660.920.78-0.06-0.460.090.890.130.090.88-0.55-0.5-0.10.830.860.960.16
0.980.950.840.850.66-0.240.97-0.320.880.960.970.29-0.3-0.250.880.11-0.250.95-0.27-0.670.230.920.920.910.55
0.930.930.830.850.73-0.260.87-0.350.720.930.850.48-0.3-0.450.880.26-0.450.95-0.27-0.550.440.770.970.90.17
0.690.630.590.660.73-0.230.75-0.170.570.760.690.41-0.02-0.380.50.69-0.380.73-0.05-0.10.370.490.70.710.08
-0.25-0.26-0.69-0.24-0.26-0.23-0.210.69-0.15-0.4-0.210.670.39-0.68-0.4-0.1-0.68-0.310.580.050.69-0.37-0.26-0.540.29
0.970.910.790.970.870.75-0.21-0.240.940.941.00.36-0.18-0.320.850.17-0.320.96-0.13-0.630.30.880.920.890.51
-0.34-0.4-0.64-0.32-0.35-0.170.69-0.24-0.14-0.44-0.250.310.46-0.32-0.4-0.02-0.32-0.380.850.070.33-0.37-0.37-0.50.03
0.870.780.660.880.720.57-0.150.94-0.140.80.960.28-0.07-0.240.79-0.09-0.240.85-0.03-0.620.220.820.820.760.65
0.970.960.920.960.930.76-0.40.94-0.440.80.930.26-0.36-0.230.90.27-0.230.98-0.37-0.580.210.880.950.970.33
0.970.910.780.970.850.69-0.211.0-0.250.960.930.33-0.2-0.290.870.09-0.290.95-0.15-0.660.270.90.920.880.56
0.370.36-0.060.290.480.410.670.360.310.280.260.330.15-1.00.190.24-1.00.370.28-0.131.00.080.430.110.25
-0.29-0.35-0.46-0.3-0.3-0.020.39-0.180.46-0.07-0.36-0.20.15-0.15-0.340.09-0.15-0.310.50.20.16-0.38-0.27-0.39-0.03
-0.33-0.330.09-0.25-0.45-0.38-0.68-0.32-0.32-0.24-0.23-0.29-1.0-0.15-0.16-0.251.0-0.33-0.290.1-1.0-0.04-0.39-0.08-0.22
0.910.920.890.880.880.5-0.40.85-0.40.790.90.870.19-0.34-0.16-0.08-0.160.92-0.33-0.680.150.850.920.870.33
0.140.110.130.110.260.69-0.10.17-0.02-0.090.270.090.240.09-0.25-0.08-0.250.21-0.030.210.24-0.030.160.23-0.42
-0.33-0.330.09-0.25-0.45-0.38-0.68-0.32-0.32-0.24-0.23-0.29-1.0-0.151.0-0.16-0.25-0.33-0.290.1-1.0-0.04-0.39-0.08-0.22
0.980.970.880.950.950.73-0.310.96-0.380.850.980.950.37-0.31-0.330.920.21-0.33-0.3-0.610.320.850.980.930.36
-0.27-0.36-0.55-0.27-0.27-0.050.58-0.130.85-0.03-0.37-0.150.280.5-0.29-0.33-0.03-0.29-0.30.040.29-0.3-0.28-0.4-0.03
-0.65-0.64-0.5-0.67-0.55-0.10.05-0.630.07-0.62-0.58-0.66-0.130.20.1-0.680.210.1-0.610.04-0.09-0.72-0.6-0.57-0.33
0.320.32-0.10.230.440.370.690.30.330.220.210.271.00.16-1.00.150.24-1.00.320.29-0.090.030.380.070.21
0.890.860.830.920.770.49-0.370.88-0.370.820.880.90.08-0.38-0.040.85-0.03-0.040.85-0.3-0.720.030.820.910.45
0.980.980.860.920.970.7-0.260.92-0.370.820.950.920.43-0.27-0.390.920.16-0.390.98-0.28-0.60.380.820.910.32
0.930.920.960.910.90.71-0.540.89-0.50.760.970.880.11-0.39-0.080.870.23-0.080.93-0.4-0.570.070.910.910.22
0.460.40.160.550.170.080.290.510.030.650.330.560.25-0.03-0.220.33-0.42-0.220.36-0.03-0.330.210.450.320.22
Click cells to compare fundamentals

Hirequest Account Relationship Matchups

Hirequest fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets49.1M77.4M103.3M103.8M119.4M125.4M
Total Stockholder Equity36.4M46.7M58.3M62.7M72.1M75.7M
Retained Earnings7.7M16.4M25.5M28.3M32.6M34.2M
Non Current Assets Total9.5M35.3M51.4M52.4M60.2M63.2M
Common Stock Shares Outstanding13.7M13.6M13.7M13.8M15.9M16.7M
Liabilities And Stockholders Equity49.1M77.4M103.3M103.8M119.4M125.4M
Non Current Liabilities Total3.3M9.1M8.2M5.4M6.2M3.4M
Other Stockholder Equity28.7M30.3M32.7M34.4M39.5M41.5M
Total Liab12.7M30.6M45.0M41.1M47.3M49.6M
Common Stock13.5K13.6K13.7K14K16.1K30.9K
Other Current Liab9.0M20.0M23.1M20.9M24.1M25.3M
Total Current Liabilities9.5M21.5M36.8M35.7M41.1M43.1M
Net Debt(13.7M)2.0M13.5M13.4M15.4M16.2M
Accounts Payable457.5K1.1M448K137K123.3K117.1K
Cash13.7M1.3M3.0M1.3M1.2M1.1M
Non Currrent Assets Other5.9M4.0M7.3M10.6M12.2M12.8M
Other Assets623.5K25.3M7.3M1.01.151.09
Cash And Short Term Investments13.7M1.3M3.0M1.3M1.2M1.1M
Net Receivables23.5M38.2M46.5M46.2M53.1M55.8M
Common Stock Total Equity13.5K13.6K13.7K14K16.1K29.1K
Inventory1.0M1.4M369.2K915K1.1M1.1M
Other Current Assets1.8M2.5M2.3M3.9M4.5M4.7M
Total Current Assets39.0M42.0M51.9M51.5M59.2M62.1M
Property Plant And Equipment Net3.2M4.5M4.4M4.3M4.9M5.2M
Property Plant And Equipment Gross3.2M4.5M4.4M5.3M6.2M6.5M
Capital Surpluse27.6M28.8M30.5M32.8M29.6M35.8M
Property Plant Equipment1.9M3.2M4.5M4.4M5.0M5.3M
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

Currently Active Assets on Macroaxis

When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Human Resource & Employment Services space 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
0.007
Dividend Share
0.24
Earnings Share
0.14
Revenue Per Share
2.626
Quarterly Revenue Growth
0.016
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 if Hirequest is a good investment 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.