HireQuest (HQI) Set to Announce Earnings on Thursday

HireQuest (NASDAQ:HQI) is scheduled to release its earnings data after the market closes on Thursday, November 7th. Analysts expect HireQuest to post earnings of $0.16 per share for the quarter.

HireQuest (NASDAQ:HQI) last issued its earnings results on Thursday, August 8th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.03. HireQuest had a return on equity of 9.15% and a net margin of 14.27%. The company had revenue of $8.68 million for the quarter, compared to the consensus estimate of $8.40 million. During the same quarter last year, the company earned $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 Trading Up 0.3 %

NASDAQ HQI opened at $13.35 on Friday. The stock has a market cap of $186.90 million, a PE ratio of 35.13 and a beta of 1.01. HireQuest has a 12 month low of $11.39 and a 12 month high of $17.31. The stock’s 50 day moving average is $13.95 and its 200 day moving average is $13.17.

HireQuest Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Monday, September 2nd were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, August 30th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.80%. HireQuest’s dividend payout ratio is 63.16%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Barrington Research boosted their price target on shares of HireQuest from $16.00 to $17.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. DA Davidson reaffirmed 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.