HireQuest (HQI) Scheduled to Post Earnings on Thursday

HireQuest (NASDAQ:HQI) is set to 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 that are interested in participating in the company’s conference call can do so using this link.

HireQuest (NASDAQ:HQI) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.12 by $0.03. The firm had revenue of $8.68 million for the quarter, compared to the consensus estimate of $8.40 million. HireQuest had a net margin of 14.27% and a return on equity of 9.15%. During the same period last year, the firm 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 Price Performance

Shares of HQI stock opened at $13.48 on Wednesday. The company has a market capitalization of $188.72 million, a price-to-earnings ratio of 35.47 and a beta of 1.02. HireQuest has a one year low of $11.39 and a one year high of $17.31. The company’s fifty day moving average price is $13.96 and its 200-day moving average price is $13.19.

HireQuest Dividend Announcement

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

Analysts Set New Price Targets

HQI has been the subject of several research analyst reports. DA Davidson reaffirmed a “buy” rating and set a $19.00 target price on shares of HireQuest in a research note on Friday, August 9th. Barrington Research raised their target price on shares of HireQuest from $16.00 to $17.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd.

About HireQuest

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.